Kandeh K. Yumkella
Kandeh K. Yumkella is Special Representative of the UN Secretary-General and Chief Executive for the Sustainable Energy for All (SE4All) Initiative and holds the rank of Under-Secretary- General in the United Nations.
As Special Representative, Mr. Yumkella will seek to mobilize action toward a sustainable energy future and accelerate the implementation of the Secretary-General’s initiative as well as engaging with the leadership of relevant stakeholders in government, businesses, academia and civil society at the highest level to advocate for and promote sustainable energy for all.
Prior to his appointment as Special Representative and Chief Executive, Mr. Yumkella was appointed Co-Chair of the High-level Group on Sustainable Energy for All by United Nations Secretary General in recognition of his leadership and passion for energy and environment-related causes following a decision by the United Nations General Assembly to designate 2012 as the International Year for Sustainable Energy for All.
In this position, he was instrumental in guiding the initiative and in underscoring the need for universal access to energy, increased energy efficiency and enhanced deployment of renewable sources of energy.
In 2008, United Nations Secretary-General appointed him Chair of UN-Energy in an effort to bring together all the United Nations organizations dealing with energy related issues. As its Chairman, Mr. Yumkella brought a renewed and vital focus to global energy issues and helped to coordinate the United Nations response to energy issues. The Secretary-General has requested Mr. Yumkella to remain in this position.
From 2008 – 2010, Mr. Yumkella was Chair of the Secretary-General’s Advisory Group on Energy and Climate Change (AGECC). As Chair of AGECC, he played a leading international role in identifying the lack of access to energy as a crucial constraint for development efforts. In April 2010, the group released its report and confirmed the need to increase energy access, energy efficiency and renewable energy options in order to confront the challenges of climate change and realizing the Millennium Development Goals (MDGs).
As a Member of the Rio+20 Principals Group, he played a crucial role in the preparations leading to the 2012 United Nations Conference on Sustainable Development and has been an active member of the United Nations Development Group (UNDG), with responsibilities for setting and coordinating the global development priorities of the United Nations.
NEW DELHI—India’s government on Monday eased foreign-direct investment restrictions in several sectors to increase inflows, a move that also could pave the way for Apple Inc. to open its own stores in one of its main growth markets.
A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.
The ‘Foreign Direct Investment in Latin America and the Caribbean’ 2015 report published by Economic Commission for Latin America and the Caribbean (ECLAC) showed that Mexico recorded inflows of US$ 22.795 billion in 2014. Brazil continues to be the largest recipient of FDI in the region, though inflows US$ 62.495 billion, while Chile remains the … Continue reading Organisers of Annual Investment Meeting 2016 call for building investment bridges between Middle East and South America
The role of foreign direct investment into the continent remains significant: on average the government budgets of African countries currently depend on corporates domiciled in other countries for 14% of their funding.
Africa is now positioning itself as a major business opportunity for investors, according to ICAEW’s latest Economic Insight report.
China’s outbound direct investment (ODI )is expected to surpass $1 trillion for the first time in 2015, as slowing economic growth and rising internationalisation of Chinese business see more local companies investing overseas.
When the PM travels to the US this week to woo businesses there, one of the key facts that the government will be tomtoming about is the surge in foreign direct investment since Narendra Modi took over and how his personal touch has helped.
Foreign direct investment (FDI) in Turkey reached $3.39 billion in July, according to a report from the Ministry of Economy on Sept. 30.
The total volume of foreign investments in the UAE, at present a regional base for over 500 international companies, exceeded $100 billion in the past 10 years, Minister of Economy Sultan bin Saeed Al Mansouri said on Wednesday.
NEW DELHI: India has emerged on top of the foreign direct investment league table, overtaking China and the United States, according to the FT data service.