International Financial Institution

Event: Second Green Climate Fund Regional Meeting in the Pacific [viewed]

The second Green Climate Fund (GCF) regional meeting in the Pacific will take place from 1-4 August in Suva, Fiji. The event will be co-hosted by the GCF Secretariat and the Government of Australia and will take place at the headquarters of the Pacific Islands Forum Secretariat. Led by the GCF Board Co-Chairs, the meeting will seek to build Pacific countries' capacity to access GCF funding and to develop country-driven ideas into concrete funding proposals.  

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DCF Addresses Development Financing, Policy Instruments for 2030 Agenda, Paris Agreement [viewed]

ecosoc7022 July 2016: The 2030 Agenda for Sustainable Development and the Paris Agreement on climate change will require “an unprecedented multilateral cooperation,” underlined participants at the UN Economic and Social Council's (ECOSOC) fifth biennial high-level meeting of the Development Cooperation Forum (DCF). During the two-day meeting, representatives from governments, UN agencies, and civil society discussed the role of various types of development financing and related policy changes necessary for the implementation of the 2030 Agenda and other international agreements signed in 2015.

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Regional Dialogues on NDC Implementation Launched [viewed]

regional_dialogue19 July 2016: In the lead-up to the Marrakesh Climate Change Conference, a number of international partners and national governments are holding discussions on the next steps toward implementation of climate action plans, known as nationally determined contributions (NDCs) under the Paris Agreement. The first of these dialogues took place from 19-21 July 2016, in San José, Costa Rica, and analyzed Latin American and Caribbean NDCs.

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Energy Initiatives Reduce Emissions, Increase Access to Modern, Efficient Technology [viewed]

Energy Initiatives Reduce Emissions20 July 2016: Announcements from various intergovernmental organizations over recent weeks hold promise for reducing emissions from the energy sector and increasing participation in the energy economy. Whether toolkits guiding decision makers on energy-related issues or technological analysis, the initiatives described below contribute to the implementation of both the Paris Agreement and Sustainable Development Goals (SDGs) 7 (Ensure access to affordable, reliable, sustainable and modern energy for all) and 13 (Take urgent action to combat climate change and its impacts).

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Terrestrial Ecosystems Finance Update: GEF Council Approves Work Program and Projects, Forest Finance in Focus [viewed]

terrestial_ecosystem_finance19 July 2016: Over recent months, the Global Environment Facility (GEF) Council and the governing bodies of the Climate Investment Funds (CIFs) met, adopting forest-related initiatives, including some of relevance to reducing emissions from deforestation and forest degradation in developing countries (REDD+). This Update covers these and other meetings related to the financing of activities on terrestrial ecosystems, as well as recent projects and publications in this area.

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IOC-UNESCO Assesses Status of LMEs and Open Oceans [viewed]

UNESCO IOC13 July 2016: Fifty percent of all fish stocks in large marine ecosystems (LMEs) are overexploited and 60% of the world's coral reefs are threatened by local activities, according to the findings of a series of assessments by the Intergovernmental Oceanographic Commission of the UN Educational, Scientific and Cultural Organization (IOC-UNESCO). The Transboundary Waters Assessment Programme (TWAP) carried out the global assessments of transboundary water systems around the world in LMEs and the open ocean.

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Event: Restoring the Socio-Ecological and Socio-Economic Relationships in the Miombo Woodlands [viewed]

This meeting will seek to create an action plan for the miombo woodlands for the next three years focused on: drivers of land-use change; restoration; adaptation to climate change; socio-ecological relationships; and forest governance. The miombo woodlands are the most extensive warm dry forest type in southern Africa, covering 2.7 million square kilometers that span seven countries. They play a critical ecological, economic and social role, supporting, for example, the livelihoods of more than 65 million people in the region. The meeting is being convened by the Miombo Network, along with the Eduardo Mondlane University, the Global Observation of Forest and Land Cover Dynamics (GOFC-GOLD), the International Union for Conservation of Nature (IUCN), the Program on Forests (PROFOR), the Global Change System for Analysis, Research and Training, and the World Bank. The Miombo Network fosters collaborative efforts in land cover monitoring and management.  

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In FY16, World Bank Provides Over US$61 Billion [viewed]

world_bank_new12 July 2016: The World Bank Group's (World Bank) commitments rose to over US$61 billion in loans, grants, equity investments and guarantees to countries and private businesses in fiscal year 2016 (FY16), according to a World Bank press release. This financing includes support for climate change and a continued focus on sub-Saharan Africa, which remains a top priority with commitments to countries reaching US$12.5 billion in FY16.

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Adaptation and Loss and Damage Update: NAP Expo 2016 Underway, DRM Activities Enhance Urban Resilience [viewed]

adaptation_lost_damage11 July 2016: News in recent weeks related to climate change adaptation, disaster risk management (DRM) and disaster risk reduction (DRR) brought the issue of urban resilience to the forefront. NAP Expo 2016 and the Second Global Conference on Health and Climate contributed to the implementation of the Paris Agreement by giving renewed impetus to efforts to formulate and implement national adaptation plans (NAPs), and build healthier societies.

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Event: Asia Pacific Carbon Forum 2016 [viewed]

The Asia Pacific Carbon Forum 2016 will focus on two workstreams: emissions markets and carbon pricing, and climate finance and investment. It will address such themes as: carbon markets for climate change mitigation, particularly regarding how co-benefits from climate action can build resilience; finance and climate-friendly policies delivering on sustainable development, as part of countries' Nationally Determined Contributions (NDCs) under the Paris Agreement; how to align existing and new carbon markets and mechanisms in the region with the Paris Agreement; NDC implementation through market and non-market based approaches; and acceleration of climate action on the ground. The Forum, which is the region's leading annual event for climate finance, carbon markets and low carbon technologies, will bring together representatives of business, finance and government and is being held as part of Global Green Growth Week 2016. It is being jointly organized by the Asian Development Bank (ADB), the International Emissions Trading Association (IETA), the UN Framework Convention on Climate Change (UNFCCC) and the Institute for Global Environmental Strategies (IGES), in collaboration with the Global Green Growth Institute (GGGI).  

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