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Transparency and Compliance Update: Australia, New Zealand Inventory Review Reports and 17 True-Up Period Review Reports Released[viewed]

How does one ensure Parties are fulfilling their climate change commitments? The answer is a transparency and compliance regime. Transparency is vital for building international trust and confidence that action to address climate change is taking place, as well as for assessing how to facilitate further action. In the last month, documents issued by the UNFCCC Secretariat put Australia, Liechtenstein and New Zealand under the microscope, along with 17 developed countries that participated in the true-up period of the Kyoto Protocol's first commitment period (CP1). A number of activities related to transparency for developing countries also took place.

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April 2016 Climate Finance Update: Key Meetings Mobilize Action, Adaptation Put under the Spotlight[viewed]

In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway towards low greenhouse gas (GHG) emissions and climate-resilient development.” Developing countries will receive financial resources for both mitigation and adaptation actions, while developed countries are expected to continue to lead in mobilizing climate finance from a variety of sources, with public funds playing a significant role in reaching the previously agreed US$100 billion annual target by 2020. Monthly IIDS RS Climate Finance Updates aim to help track multilateral financing to support the finance goal agreed under the UNFCCC, which will in turn contribute to the implementation of Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts).

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UN Executives Discuss Coherence in Achieving SDGs, Paris Agreement[viewed]

The UN System Chief Executives Board for Coordination (CEB) discussed ways to ensure the UN system "delivers as one" on the Sustainable Development Goals (SDGs), climate change and other development issues, at its first regular session of 2016.

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FAO, Mountain Partnership to Launch Mountain Funding Facility[viewed]

The Food and Agriculture Organization (FAO) and the Mountain Partnership Secretariat announced plans to launch a Mountain Facility, or funding mechanism, to address the increasing threat of hunger in mountain regions in developing countries.

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Policy Update #32: Monthly Forecast: May 2016[viewed]

After a full schedule of high-profile events, statements, and commitments in April, policy work in May 2016 will be guided by key documents on sustainable development.

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ESCAP Toolkit Builds Capacity for Flood Forecasting and Early Warning[viewed]

The UN Economic and Social Commission for Asia and the Pacific (ESCAP) has launched a toolkit to help flood management practitioners in transboundary river basins improve their flood forecasting and early warning capabilities, drawing on real-time satellite data and flood modeling techniques.

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ECLAC Caribbean Committee Highlights National Ownership, Coordination for 2030 Agenda[viewed]

Senior government officials shared their perspectives on sustainable development priorities in the Caribbean, during the 26th session of the Caribbean Development and Cooperation Committee (CDCC), a subsidiary body of the UN Economic Commission for Latin America and the Caribbean (ECLAC). Among other priorities, participants stressed national ownership and integrated planning, and suggested addressing debt management through a Caribbean Resilience Fund.

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IYP 2016 Events Promote Pulses as “Climate-Smart” Food of the Future [viewed]

Two events organized as part of the International Year of Pulses (IYP 2016) have called for increased efforts to scale up global production of pulses, such as beans, chickpeas, and lentils, due to their multiple benefits as nutrient-dense, soil improving and “climate-smart” crops. The International Conference on Pulses for Health, Nutrition and Sustainable Agriculture in Drylands (ICP 2016) took place from 18-20 April in Rabat, Morocco, while the Food and Agriculture Organization of the UN (FAO) hosted a seminar in Rome, Italy addressing the links between pulses and soils (the focus of international efforts in 2015), on 19 April 2016.

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Major Economies Forum Considers Paris Agreement Implementation[viewed]

Two days after 175 Parties to the UNFCCC signed the Paris Agreement, the Major Economies Forum on Climate and Energy (MEF) met in New York, US, and contemplated how to continue the momentum ushered in by the adoption of the Agreement by the 21st session of the Conference of the Parties to the UNFCCC (COP 21). The 24 April meeting was the first time the MEF, which includes the world's largest emitters, convened since the Agreement was adopted in December 2015.

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Outlook on Green Finance: Impetus Grows for Carbon Pricing, Clean Energy[viewed]

Over the past few days, announcements supporting carbon pricing and clean energy have been made. Ten leaders have issued a joint vision statement laying out the goal of doubling the percentage of global greenhouse gas (GHG) emissions covered by explicit carbon pricing to 25% by 2020, and of doubling it again to achieve 50% coverage within the next decade. In separate news, over 25 countries have pledged to unleash a potential investment flow of up to US$1 trillion into solar assets. And for its part, the New Development Bank has announced it will provide US$811 million in a first round of loans for clean energy projects in Brazil, China, India and South Africa.

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