EU

European Commission Quantifies Cost of Climate Impacts [viewed]

European Union 25 June 2014: Climate change-related damage could cost the EU €190 billion or more unless further climate action is taken, according to a study by the European Commission's Joint Research Centre (JRC). The study seeks to quantify the biophysical impacts of climate change on household welfare and economic activity by examining climate impacts on ten sectors in five EU regions through a broad set of climate model simulations.

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EEA Highlights Employment, Innovation Benefits of a Green Economy [viewed]

EEA15 July 2014: The European Environment Agency (EEA) has released a report, titled 'Resource-efficient green economy and EU policies,' which describes a range of policies with environmental and economic benefits that can help Europe create jobs and encourage innovation.

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WTO Members Launch Talks on Environmental Goods [viewed]

World Trade Organization (WTO)8 July 2014: Thirteen States and the EU, which together account for 86% of global trade in environmental goods, have announced the launch of plurilateral negotiations for an Environmental Goods Agreement under the auspices of the World Trade Organization (WTO).

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EC Awards €1 Billion to Demonstrate Low-Carbon Technologies [viewed]

European Union8 July 2014: The European Commission (EC) has announced the results of the second call for proposals under the New Entrants' Reserve 300 programme (NER 300), which is funded from the sale of 300 million emission allowances. The EC awarded one billion euro funding to 19 renewable energy projects for demonstration activities. A carbon capture and storage (CCS) project was selected for the first time under the programme.

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European Commission Adopts Green Employment Initiative [viewed]

European Union2 July 2014: The European Commission has adopted a communication on the employment challenges and opportunities of a transition towards the green economy. The communication sets out an integrated framework for employment and labor market policies at the EU and national levels to support this transition.

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GGKP Announces Green Growth Publications [viewed]

green-growth-plataform1 July 2014: The Green Growth Best Practices Initiative (GGBP) has published the first comprehensive global assessment of lessons and good practices in green growth planning, as highlighted in the Global Green Growth Knowledge Platform (GGKP) Knowledge Update. The assessment report, titled 'Green Growth in Practice: Lessons from Country Experiences,' consists of evaluations of green growth programs around the world, and was written by 75 authors engaged by the GGBP initiative.

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June 2014 Sustainable Energy Finance Update [viewed]

World Bank, IDB, GEF, EIB, EBRD, CIF, ADB, AFDB1 July 2014: During the month of June, the World Bank, the Global Environment Facility (GEF), the Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the Inter-American Development Bank (IDB) undertook activities and approved funding for sustainable energy projects in various countries, including: Kazakhstan, Moldova, Ukraine, Slovakia, Sweden, Ecuador, the Dominican Republic, Japan and South Africa.

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EU, UNEP Strengthen Collaboration on Environment, Climate Change [viewed]

EU UNEP25 June 2014: The European Commission and the UN Environment Programme (UNEP) have signed a Memorandum of Understanding (MOU) that lays the foundation for continued collaboration on environment and climate change issues. Under the MOU, the European Commission and UNEP and will engage in more targeted cooperation on such areas as climate change, green economy, biodiversity and the new mercury convention.

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G7 Declaration Highlights Energy Security, Climate Change, Sustainable Development [viewed]

g7-eu5 June 2014: The Presidents of the European Council and European Commission (EC) have gathered with leaders from Canada, France, Germany, Italy, Japan, the UK and the US for a G7 Summit, during which they discussed issues related to Ukraine and global foreign policy issues, as well as energy, climate, economy and development, among others. The resulting Brussels G7 Summit Declaration addresses each of these issues and affirms the G7's commitment to “the values of freedom and democracy, and their universality and to fostering peace and security.”

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EUROCLIMA Publishes Guides on Coasts, Soil Degradation, Rural Adaptation and Urban NAMAs in Latin America [viewed]

EuroclimaMay 2014: The European Union's (EU) EUROCLIMA climate change cooperation programme with Latin America has published four publications that aim to provide guidance to Latin American governments as they design mitigation and adaptation strategies and policies.

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