Multilateral Environmental Agreement Body

Adaptation Fund, CDKN Announce 'Climate Finance Ready' Website [viewed]

adaptation-fund-cdkn5 December 2014: The Adaptation Fund and the Climate and Development Knowledge Network (CDKN) announced their creation of a new website called Climate Finance Ready. The website will serve as an online platform for climate finance readiness, by highlighting best practices, articles, links and opportunities for sharing experiences.

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SustainUS, ANU Propose Options for Intergenerational Equity at COP 20 Event [viewed]

limacop204 December 2014: SustainUS and the Australian National University (ANU) organized a side event at the Lima Climate Change Conference on 'Youth Proposals for the 2015 Agreement: Intergenerational Equity and Bypassing US Ratification.' The side event covered a range of proposals on the UNFCCC negotiations, such as incorporating social discount rate considerations into Intended Nationally Determined Contributions (INDCs) and recognizing the role of intergenerational education for youth empowerment.

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Tuvalu, Nauru Accept Doha Amendment to Kyoto Protocol [viewed]

UNFCCC4 December 2014: The UNFCCC has announced that Nauru and Tuvalu have accepted the Doha Amendment, which formalizes commitments for the second commitment period of the Kyoto Protocol (2013-2020). This announcement brings the total number of parties that have deposited their instruments of acceptance to 21.

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Namibia First Developing Country to Submit BUR [viewed]

UNFCCC3 December 2014: Namibia has become the first developing country to submit a ‘biennial update report' (BUR) to the UNFCCC Secretariat. The BUR summarizes Namibia's actions to implement the Convention, including mitigation actions and their effects.

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GCF Open Forum Raises Awareness on GCF Operations [viewed]

limacop203 December 2014: A 'Green Climate Fund (GCF) Open Forum,' organized on the margins of the Lima Climate Change Conference, raised awareness of GCF operating procedures with regard to country readiness, accreditation, implementing entities and project pipelines. GCF convened the Forum to engage interested stakeholders and offer them an opportunity to understand the GCF, as it is expected to begin disbursements in 2015.

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UNFCCC Side Event Highlights Achievements of Technology Mechanism [viewed]

limacop202 December 2014: The UNFCCC Secretariat organized an event showcasing the accomplishments of the Technology Executive Committee (TEC) and the Climate Technology Centre and Network (CTCN) in fulfilling their mandates and facilitating the implementation of the Technology Mechanism. The event, 'Technology Mechanism: Enhancing Technology Cooperation for Action on Climate Change,' took place on the sidelines of the Lima Climate Change Conference.

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Guest Article #118: The Adaptation Fund's Success Story [viewed]

In just a few short years, the Adaptation Fund (AF) has built a focused, effective, and transparent climate adaptation financing instrument that directly aids the most vulnerable communities in developing countries.

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UNFCCC SCF Releases Biennial Assessment of Climate Finance Flows [viewed]

UNFCCC3 December 2014: The UNFCCC Standing Committee on Finance (SCF) has released a compilation of information and data on financial flows supporting mitigation and adaptation within countries and via international support. The assessment estimates a lower range of global total climate finance flows of US$340 billion a year for the period 2011-2012 and an upper range of at least US$650 billion.

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GEF Publication Summarizes 20 Years of UNFCCC COP Guidance [viewed]

GEF3 December 2014: The Global Environment Facility (GEF) has presented a report to the 20th session of the Conference of Parties (COP 20) to the UNFCCC in Lima, Peru, on its response to guidance received at COP 19 in 2013. As an operating entity of the UNFCCC's financial mechanism, the GEF functions under the guidance of and is accountable to the COP, which decides on UNFCCC-related policies, programme priorities and eligibility criteria.

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2014 One of Hottest Years on Record, Says WMO [viewed]

WMO3 December 2014: 2014 is turning out to be one of the hottest years, if not the hottest year, on record, according to preliminary estimates by the World Meteorological Organization (WMO). WMO attributes the high temperatures to record high sea surface temperatures, which contributed to heavy rainfall and floods in many countries and extreme drought in others. The WMO's provisional statement of the ‘Status of the Global Climate in 2014' is intended to inform the UN Climate Change Conference taking place in Lima, Peru.

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