Finance

Policy Update #22: Climate Countdown: What Can Be Expected in the Lead Up to Paris? [viewed]

The UN negotiations being undertaken by the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) are expected to culminate at the 21st session of the Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC), which will be held in December 2015 in Paris, France, with the adoption of a protocol, another legal instrument or an agreed outcome with legal force under the UNFCCC.

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FCPF, UN-REDD Provide Guidance on Grievance Redress Mechanisms [viewed]

unredd-fcpf17 August 2015: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) and the Forest Carbon Partnership Facility (FCPF) have developed a joint guidance note that proposes an approach to strengthening in-country capacity for grievance resolution activities to be carried out during the readiness phase of projects on reducing emissions from deforestation and forest degradation in developing countries, including the role of conservation, sustainable management of forests and enhancement of forest carbon stocks (REDD+).

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APP Highlights Africa's Energy and Climate Opportunities [viewed]

app20 August 2015: The Africa Progress Panel (APP) has released its annual flagship publication, the Africa Progress Report (APR) 2015, titled 'Power, People, Planet: Seizing Africa's Energy and Climate Opportunities.' The APP consists of ten distinguished individuals from the private and public sector who advocate for equitable and sustainable development for Africa, and is chaired by Kofi Annan, former UN Secretary-General.

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Brazil, Germany Strengthen Cooperation Ahead of COP 21 [viewed]

germany-brazil20 August 2015: Brazil and Germany have expressed determination to work towards a successful 21st session of the Conference of the Parties (COP 21) to the UNFCCC. In a joint statement issued during Brazilian-German intergovernmental consultations, Brazilian President Dilma Rousseff and German Federal Chancellor Angela Merkel announced the two countries would aim for “a fair, ambitious, long-term, comprehensive and legally binding agreement under the UNFCCC.”

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IMF, USAID to Cooperate on Capacity Development [viewed]

imf_usaid20 August 2015: The US Agency for International Development (USAID) and the International Monetary Fund (IMF) have signed a Memorandum of Understanding (MOU) to enhance their cooperation in capacity development.

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Dominican Republic Submits INDC [viewed]

dominican republic flag18 August 2015: The UNFCCC Secretariat has reported that the Dominican Republic is the 57th Party to formally submit its intended nationally determined contribution (INDC), which announces a conditional greenhouse gas (GHG) emissions reduction target of 25% below 2010 levels by 2030. The INDC is communicated in the context of the country's vision for 2030, as supported by its 2030 National Development Strategy (NDS).

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Event: Latin American and Caribbean Carbon Forum 2015 [viewed]

The 2015 Latin American and Caribbean Carbon Forum (LACCF) will provide a platform for participants to discuss regional options and the enabling policy conditions that would be required to move towards carbon neutral economies in the Latin American and Caribbean (LAC) region, as well as associated challenges. The Forum aims to facilitate discussions, knowledge exchange and experience sharing on: policies and measures; tools and methodologies; and technologies and financial mechanisms, necessary for putting forward and implementing ambitious Intended Nationally Determined Contributions (INDCs) to the global effort of keeping global temperatures below 2 degrees C. The Forum is organized by the UNFCCC Secretariat, the UN Environment Programme (UNEP), the UNEP Riso Centre, the Latin American Energy Organization (OLADE), the International Emissions Trading Association (IETA), the Inter-American Development Bank (IDB), the UN Development Programme (UNDP), the World Bank, and the Development Bank of Latin America (CAF), and hosted by the UN Economic Commission for Latin America and the Caribbean (ECLAC).  

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Democratic Republic of the Congo Submits INDC [viewed]

congo18 August 2015: The UNFCCC Secretariat has reported that the Democratic Republic of the Congo (DRC) is the 56th Party to formally submit its intended nationally determined contribution (INDC), which sets a conditional emissions reduction target of 17% by 2030 compared to a business-as-usual (BAU) scenario. The Party's intended contribution is dependent on adequate support in the form of technology transfer, capacity development and financial resources.

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Islamic Climate Change Declaration Calls for Zero Emissions Strategy [viewed]

islamic_climate_change18 August 2015: Islamic leaders, during an International Islamic Climate Change Symposium, called on the world's 1.6 billion Muslims to take an active role in combating climate change and urged governments to agree to a new climate change agreement in Paris. The Symposium convened to discuss proposed messages from the Islamic community and to mobilize stakeholders in advance of the Paris Climate Change Conference in December 2015. It also aimed to seek consensus on an ‘Islamic Declaration on Climate Change,' which was drafted and circulated for comments prior to the symposium.

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Djibouti Submits INDC [viewed]

Djibouti14 August 2015: The UNFCCC Secretariat has reported that Djibouti is the 55th Party to formally submit its intended nationally determined contribution (INDC), which communicates the Party's intention to reduce greenhouse gas (GHG) emissions in 2030 by 40%, compared to projections in Djibouti's reference scenario. The Party adds that an additional 20% reduction could be achieved, conditional on new international funding, such as could be provided by the Green Climate Fund (GCF).

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