Multilateral Environmental Agreement Body

Event: 4th Forum of the Standing Committee on Finance [viewed]

This event will focus on financial instruments that address the risks of loss and damage associated with the adverse effects of climate change. More than 100 representatives from governments, financial institutions, private sector and civil society are expected to attend the forum. The forum has on its agenda: an overview of the approaches that address the risks of loss and damage; taking stock of existing financial instruments that address the risks of loss and damage across different levels and sectors; insights and case studies on these existing financial instruments; experiences on emerging national/regional funding schemes and new financing instruments; ways to replicate and scale‐up good practices and enhance effectiveness and impact; and roles and functions of different actors and strengthening linkages and collaboration. The Standing Committee on Finance (SCF) was mandated by the 17th session of the Conference of the Parties to the UNFCCC (COP 17), to organize a Forum for communicating and continuing information exchange related to climate change finance in order to promote linkages and coherence. The SCF reports on the Forum in its annual reports to the COP. The Forum is being organized by the UNFCCC in cooperation with the Asian Development Bank (ADB).  

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Mitigation Update: Cities Intensify Climate Action; IMO, ICAO Take Steps to Enable Mitigation Policies [viewed]

cdp_unfccc_imo_icao_mrv4 August 2016: The year 2015 has been confirmed as the hottest on record since at least the mid-to-late 1800s, according to the American Meteorological Society (AMS). The 'State of the Climate in 2015' report published in the Bulletin of the AMS notes the combined effect of long-term global warming and a very strong El Niño effect, and reports record-high sea levels, upper ocean heat content, global sea surface temperatures, global surface temperatures, and major greenhouse gas (GHG) concentrations.

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Peru, Cameroon, Democratic People's Republic of Korea Ratify Paris Agreement [viewed]

peru_cameroon_korea 3 August 2016: The Governments of Peru, Cameroon and the Democratic People's Republic of Korea have deposited their instruments of ratification of the Paris Agreement with the UN on 25 July, 29 July and 2 August, respectively. With these three ratifications, a total of 22 Parties to the UNFCCC have ratified the Agreement, representing 1.08% of global greenhouse gas (GHG) emissions.

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COP 22 Provisional Agendas Released [viewed]

UNFCCC3 August 2016: From 7-18 November 2016, in Marrakesh, Morocco, the Conference of the Parties to the UNFCCC (COP) will convene for the first time since it adopted the Paris Agreement in December 2015. In addition to the 22nd session of the COP (COP 22), the 12th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP 12), the 45th sessions of the Subsidiary Body for Scientific and Technological Advice (SBSTA 45) and of the Subsidiary Body for Implementation (SBI 45), as well as the second part of the first session of the Ad Hoc Working Group on the Paris Agreement (APA 1-2) will take place during the Marrakesh Climate Change Conference. The UNFCCC Secretariat has recently released the provisional agendas for all five of these meetings.

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Transparency and Compliance Update: Reports on GHG Inventory Status, BR2 Technical Review Released [viewed]

unfccc_mrv1 August 2016: Over the last month, the UNFCCC Secretariat has released updates on national reporting from Parties on their climate change action, including status reports on greenhouse gas (GHG) inventories and reports of the technical review of second Biennial Report (BR2) submissions. Also in July, the International Partnership on Mitigation and MRV (measurement, reporting and verification) reported on its 20th jubilee event, where Parties to the UNFCCC and other stakeholders shared views on differentiation under the enhanced transparency framework of the Paris Agreement.

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July 2016 Climate Finance Update: Meetings Call for Access, Mobilization, Scaling Up [viewed]

july2016_finance1 August 2016: During the month of July, a number of high-level meetings highlighted the need for enhanced focus on climate finance. Resilience and disaster recovery projects in Asia and Africa received new financing. Climate funds launched calls for readiness and private sector support projects, and a number of entities reported on lessons learned from climate finance in agriculture, forests, gender mainstreaming and regional resilience investment planning.

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Event: UN Sustainable Stock Exchanges Dialogue [viewed]

The UN organizes the global Sustainable Stock Exchanges (SSE) Global Dialogue every two years as a platform for discussing ways to achieve sustainable capital markets. This half-day event will build on the launch of the Sustainable Development Goals (SDGs), the outcomes of the 21st session of the Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC), and the work of the G20 Green Finance Study Group. Representatives of stock exchanges will discuss ways to contribute to implementation of the SDGs, for example through promoting transparency and encouraging green finance products, such as low-carbon indices and green bonds. The event is held in conjunction with a meeting of the Principles for Responsible Investment (PRI), a UN-supported initiative.  

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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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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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Adaptation and Loss and Damage Update: Climate Trends Break Records, DRR Efforts Focus on Human Health [viewed]

wmo_unisdr_unu_undp_unep_unfccc_iom27 July 2016: As global average temperatures reach unprecedented highs, climate change adaptation efforts around the globe concentrate on disaster risk management (DRM), public health issues, national adaptation planning and climate change-induced migration, among other issues. The recent developments reported in this Update contribute to the implementation of the Sustainable Development Goals (SDGs), particularly SDG 13 (Take urgent action to combat climate change and its impacts), SDG 3 (Ensure healthy lives and promote well-being for all at all ages) and SDG target 10.7 on migration and mobility, including the implementation of planned and well-managed migration policies.

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