UNEP

March 2016 Climate Finance Update: Fund Boards Meet, Carbon Markets Under the Spotlight [viewed]

march2016_climate_finance7 April 2016: In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway towards low greenhouse gas (GHG) emissions and climate-resilient development.” Developing countries will receive financial resources for both mitigation and adaptation actions, while developed countries are expected to continue to lead in mobilizing climate finance from a variety of sources, with public funds playing a significant role in reaching the previously agreed US$100 billion annual target by 2020. Monthly IIDS RS Climate Finance Updates aim to help track multilateral financing to support the finance goal agreed under the UNFCCC, which will in turn contribute to the implementation of Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts).

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LAC Environment Ministers Agree to Cooperate on Climate Change, SDGs, Chemicals [viewed]

UNEP31 March 2016: At a regional forum held in preparation for the Second UN Environment Assembly (UNEA-2), environment ministers from Latin American and Caribbean countries agreed on arrangements for cooperation on climate, air quality, and chemicals and waste. They also called for fast, ambitious and integrated action to achieve the Sustainable Development Goals (SDGs).

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Sustainable Energy Finance Update: Majority of 2015 Renewables Investment Went to Developing Countries [viewed]

energy_finance_review20151 April 2016: When governments adopted the Sustainable Development Goals (SDGs) in September of last year, they agreed to a goal of ensuring access to affordable, reliable, sustainable and modern energy for all (SDG 7) by 2030. In a separate Goal, SDG 17, they set out targets for the means of implementation (MOI) necessary for achieving the SDGs. As the focus shifts from "the year of decisions" to "the year of implementation," the MOI necessary for achieving SDG 7, as well as the other Goals, are receiving greater attention. This update examines recent news related to finance MOI, with a view to identifying what governments and intergovernmental actors are doing to mobilize renewable energy, energy efficiency and energy access finance.

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Global Methane Forum, Related Events Explore Methane Abatement Strategies [viewed]

global_methane_forum1 April 2016: The Global Methane Initiative (GMI) and the Climate and Clean Air Coalition (CCAC) of the UN Environment Programme (UNEP) co-hosted the Global Methane Forum, which focused on international methane reduction, highlighting methane reduction technologies, policies and opportunities, and addressing finance issues. The Forum was directly followed by the CCAC second annual Science Policy Dialogue on Short-Lived Climate Pollutants (SLCPs), the CCAC Municipal Solid Waste Initiative Workshop and the CCAC Working Group Meeting.

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March 2016 Transparency Update [viewed]

enlighten_unfccc_mrv31 March 2016: During the month of March, the UNFCCC Secretariat published a number of reports in accordance with the current transparency system of the UNFCCC. These include an information note on the creation of a public registry for nationally determined contributions (NDCs), 19 true-up period review reports (TPRs) and the greenhouse gas (GHG) inventory review report for Canada. Two UNFCCC meetings of lead reviewers also took place and the outcomes were subsequently published. In addition, the UN Environment Programme (UNEP) and Global Environment Facility (GEF) en.lighten initiative and the International Partnership on Mitigation and MRV announced transparency-related capacity-building initiatives.

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UNEP Reports World Record in Renewable Energy Investments [viewed]

global_trends_rei24 March 2016: A UN Environment Programme (UNEP) report, titled 'Global Trends in Renewable Energy Investment 2016' (GTR), finds that global investments in renewables in 2015 hit a new record high at US$286 billion and that, for the first time, investments in renewables in developing countries topped those of developed countries.

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Guest Article #141: Interview with Mario Boccucci, Head of the UN-REDD Programme Secretariat [viewed]

To mark the occasion of the International Day of Forests, celebrated annually on 21 March, IISD RS conducted an interview with Mario Boccucci, Head of the UN collaborative initiative on Reducing Emissions from Deforestation and forest Degradation (UN-REDD) Programme.

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Event: 2016 UNEP FI Global Roundtable and Annual General Meeting [viewed]

The 2016 UN Environment Programme Finance Initiative (UNEP FI) Global Roundtable and Annual General Meeting will be hosted by the Ministry of Climate Change and Environment of the United Arab Emirates (UAE), with support from the UAE Central Bank. The events will bring together finance stakeholders from various sectors, including government, civil society and the UN, to discuss the role of the global financial sector in addressing the sustainable development and climate change agendas. Topics to be addressed during the two-day Global Roundtable, linked to select sustainable development goals (SDGs), include: climate change mitigation and decarbonizing finance (SDG 13); resilient and sustainable cities and communities (SDG 11); clean energy and water (SDGs 6 and 7); and financing small and medium-sized enterprises (SDG 8). Plenary sessions are planned on: green islamic finance; policy and regulatory frameworks for a sustainable financial system; and sustainable finance innovations.  

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InforMEA Seeks Feedback on Effectiveness [viewed]

InforMEAMarch 2016: The United National Information Portal on Multilateral Environment Agreements (MEAs) (InforMEA) has launched a survey seeking input from stakeholders on the effectiveness and usefulness of InforMEA, and seeking input on how it may be improved. Responses are requested by 23 March 2016.

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G20 Finance Ministers Cooperate on Taxation, Infrastructure Investment, and Green Finance [viewed]

unep_g2027 February 2016: The Group of 20 (G20) Finance Ministers and Central Bank Governors concluded a two-day meeting in Shanghai, China, pledging to enhance economic resilience, promote infrastructure investment, cooperate on tax matters and develop options for mobilizing private capital for green investment.

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