International Financial Institution

CIF Discuss Future Strategy, Share Experiences in Forest Management [viewed]

CIF20 June 2016: The governing bodies of the Climate Investment Funds (CIF) met to make decisions on the Funds' future strategy. The meetings attracted the participation of over 150 experts from approximately 50 developing and donor countries, as well as international organizations and civil society. Following the official opening of the governing body meetings, on 12 June, the joint Clean Technology Fund (CTF) and Strategic Climate Fund (SCF) Trust Fund Committees met on 15 June. This meeting was followed by the CTF Trust Fund Committee Meeting on 16 June.

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European Development Days Focus on SDG Implementation [viewed]

edd16 June 2016: Participants at the European Development Days (EDD 2016) underscored the role of partnerships in implementing the 2030 Agenda for Sustainable Development. The tenth anniversary of the EDD, which was organized by the European Commission (EC), focused on 15 topics related to the implementation of the Sustainable Development Goals (SDGs).

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Capacity Building and Technology Update: SB 44 Outcomes Focus on Implementation of Paris Agreement, GEF Establishes CBIT Trust Fund [viewed]

UNFCCC - GEF - UNITAR18 June 2016: The 44th sessions of the UNFCCC Subsidiary Body for Implementation (SBI 44) and Subsidiary Body for Scientific and Technological Advice (SBSTA 44) and the first session of the Ad Hoc Working Group on the Paris Agreement (APA 1) were held in Bonn, Germany, from 16-26 May 2016. The sessions presented the first opportunity for Parties to consider Paris mandates on capacity building and technology development and transfer, including the terms of reference (ToR) for the Paris Committee on Capacity-building, the Paris Agreement's technology framework, and the scope and modalities for the periodic assessment of the Technology Mechanism in the context of how it serves the Paris Agreement.

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SE4All Advisory Board Endorses 'Going Further, Faster' Strategy [viewed]

SE4ALL16 June 2016: The 2030 goals of the UN's Sustainable Energy for All (SE4All) initiative are to ensure universal access to modern energy services, double the global rate of improvement in energy efficiency, and double the share of renewable energy in the global energy mix. In order to achieve these goals, the SE4All Advisory Board has endorsed the Strategic Framework for Results 2016-2021: 'Going Further, Faster.'

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Guest Article #142: Collaborative Effort of European Financing Institutions to Help Improve Implementation of Climate Change Adaptation [viewed]

When the Paris Agreement on climate change was adopted in December 2015, it included a long-term goal for the adaptation to climate change – “enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change, with a view to contributing to sustainable development […]”. It recognised the direct link of climate change adaptation to sustainable development and further highlighted its importance. This added momentum to an increasing need for practical approaches for climate change adaptation, which can range from making transport infrastructure more resilient to storms and floods, to helping small businesses adapt to increasing water scarcity.

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Mitigation Update: Work Continues on Aviation, Black Carbon Emissions, Regions Cooperate on Clean Energy [viewed]

icao_arctic_adb_afdb13 June 2016: According to a policy paper from the Grantham Research Institute on Climate Change and the Environment, “carbon-intensive companies are not ready for the impact of the Paris Agreement's commitments.” The authors, economists Nicholas Stern and Dimitri Zenghelis, submitted the paper to the Task Force on Climate-Related Financial Disclosures, arguing that the Financial Stability Board (FSB) should create robust reporting guidance on climate risks.

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GEF Council Marks 25th Anniversary, Approves Work Program for US$398.68 Million, CBIT Trust Fund [viewed]

gef509 June 2016: The 50th meeting of the Global Environment Facility (GEF) Council, which marked the occasion of the 25th anniversary of the GEF, approved a Work Program comprising 38 project concepts and four programmatic frameworks, with total resources amounting to US$398.68 million. In addition, the GEF Council established a new trust fund for the Capacity-building Initiative for Transparency (CBIT), which was created in response to a request by the UNFCCC Conference of the Parties, as reflected in the decision adopting the Paris Agreement on climate change.

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World Oceans Day Raises Awareness on Plastic Pollution, SDG 14 [viewed]

World Oceans Day8 June 2016: The world celebrated World Oceans Day under the theme, ‘Healthy Oceans, Healthy Planet.' Events around the world aimed to promote the prevention of plastic pollution in the world's oceans, and highlighted the role of healthy oceans in implementing the 2030 Agenda for Sustainable Development. Sustainable Development Goal (SDG) 14 calls to "Conserve and sustainably use the oceans, seas and marine resources for sustainable development."

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Trondheim Conference Addresses Linkages between Biodiversity and Agriculture [viewed]

trondheim6 June 2016: Participants at the eighth Trondheim Conference on Biodiversity recognized biodiversity and ecosystem services as essential in supporting agriculture in multiple ways and at all levels, stressing their integration into other sectors as essential in achieving the Sustainable Development Goals (SDGs). The Conference focused on the interlinkages between biodiversity and agriculture to develop food systems for a sustainable future.

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STAP Reports Advise GEF Council on SLM, Sustainable Agriculture, Project Design and Source-to-Sea Continuum [viewed]

gef_stapJune 2016: As input to the 50th meeting of the Council of the Global Environment Facility (GEF), the Scientific and Technical Advisory Panel (STAP) of the GEF produced four reports, addressing: the design of sustainable development projects; sustainable land management (SLM) and food security; indicators for assessing the sustainability of agricultural production; and a framework for managing flows in the source-to-sea continuum.

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