Finance

G7 Foreign Ministers Identify Climate Change, Fragility as Priority [viewed]

G7 Germany15 April 2015: The G7 Foreign Ministers Meeting convened within the framework of Germany's G7 Presidency to address pressing international issues that impact global peace and security. The meeting resulted in the G7 Foreign Ministers' Meeting Communiqué, in which the Ministers describe climate change as one of the most serious challenges the world faces, threatening the environment, global security and economic prosperity, and potentially reversing progress made in tackling poverty.

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India, France Express Support to Successful Paris Conference [viewed]

Agreement_India_France14 April 2015: Indian Prime Minister Narendra Modi and French President François Hollande issued a joint statement affirming their support to ensuring a successful outcome at the UN Paris Climate Change Conference in December 2015, and stressing the importance of timely submissions of intended nationally determined contributions (INDCs) and raising pre-2020 ambition. In the statement, made during an official visit by Prime Minister Modi to Paris, France, the two leaders also announced cooperation on smart cities and sustainable energy.

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UNFCCC Publishes International Transaction Log Budget and Implementation Status [viewed]

UNFCCC10 April 2015: The UNFCCC Secretariat has published two documents on the international transaction log (ITL) for consideration by the Subsidiary Body for Implementation (SBI) at its 42nd session, scheduled to take place in June 2015, in Bonn, Germany.

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IRENA, MIST Find Solar PV Cost-Competitive in the UAE [viewed]

renewable_energy_prospectsApril 2015: According to a study by the International Renewable Energy Agency (IRENA) and Masdar Institute of Science and Technology (MIST), renewable energy, in particular electricity from solar photovoltaics (PV), has been cost-competitive in the United Arab Emirates (UAE) since 2014. Prepared as part of IRENA's REmap country study series, the report finds that increasing the share of renewable energy in the UAE's energy mix to 10% and electricity generation mix to 25% by 2030 could generate annual net savings of at least US$1.9 billion.

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Event: G20 Finance and Central Bank Deputies Meeting [viewed]

The third meeting of the Group of 20 (G20) finance and central bank deputies under the Turkish Presidency will be hosted in Washington DC, US, on 16 April 2015. The meeting coincides with the Turkish Presidency's second finance ministers and central bank governors meeting, to be held 16-17 April 2015, in Washington DC. Turkey has chosen to focus on 'inclusive and robust growth through collective action' under its leadership in 2015. The three pillars that will guide the G20's work this year are: strengthening the global recovery and lifting the potential; enhancing resilience; and buttressing sustainability.  

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Event: G20 Finance Ministers and Central Bank Governors Meeting [viewed]

The second meeting of the Group of 20 (G20) finance ministers and central bank governors under the Turkish Presidency will be hosted in Washington DC, US, on 16-17 April 2015. The finance ministers are expected to convene a total of four times throughout the year. Turkey has chosen to focus on 'inclusive and robust growth through collective action' under its leadership in 2015. The three pillars that will guide the G20's work this year are: strengthening the global recovery and lifting the potential; enhancing resilience; and buttressing sustainability.  

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Event: Second Gathering of the Road to Paris Partners [viewed]

As part of Climate Week Paris 2015, the World Business Council for Sustainable Development (WBCSD), the International Energy Agency (IEA), the UN Sustainable Development Solutions Network (SDSN) and the Institute for Sustainable Development and International Relations (IDDRI) will gather for their second meeting as partners of the Road to Paris initiative. A high-level session will take place the following morning, on 20 May 2015. In support of a transition to a low-carbon economy, the Road to Paris initiative aims to create business-oriented technology roadmaps, analyze barriers, identify financial and political solutions, as well as public-private partnership (PPP) opportunities, and strengthen business and government dialogue to create enabling frameworks for investment in the lead-up to the Paris Climate Change Conference and beyond.  

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UN-REDD Moves towards Implementation [viewed]

logos_unredd_fao_gef15 April 2015: Demonstrating a shift from planning and preparation to implementation, a number of funding mechanisms, support tools and projects for REDD+ have been launched.

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Clean Energy Initiatives Announced at US-CARICOM Summit [viewed]

caricom_us_flag9 April 2015: US President Barack Obama and leaders from the Caribbean Community (CARICOM) met in Kingston, Jamaica, for a US-CARICOM Summit that focused largely on energy security, affordable energy and climate change mitigation. In conjunction with the Summit, the US announced increased support for the Caribbean through a number of energy and climate initiatives.

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OECD Climate Change Expert Forum Seeks Convergence for 2015 Agreement [viewed]

OECD18 March 2015: The Climate Change Expert Group (CCXG) Global Forum, coordinated by the Organisation for Economic Co-operation and Development (OECD), brought together technical negotiators and experts from OECD and non-OECD countries to discuss issues under negotiation in the UNFCCC. Topics covered by the 2015 Forum included policy ambition, nationally determined contributions (NDCs), adaptation, actions of non-state actors, technology and capacity building, and long-term signals for mitigation.

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