Finance

IMF Analyzes Co-Benefits of Carbon Pricing [viewed]

IMFSeptember 2014: The International Monetary Fund (IMF) has released a working paper, titled ‘How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits.' The paper assesses, for the top 20 emitting countries, the degree to which carbon pricing is in countries' national interests by analyzing domestic co-benefits before even considering climate benefits.

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Event: Asia and the Pacific Regional Workshop: Promoting the CDM and the Market Mechanisms [viewed]

The Asia and the Pacific Regional Workshop, to be held from 13-15 October in Bangkok, Thailand, will bring together designated national authorities (DNAs), national focal points (NFPs) and mitigation and market experts from the region, among others, to update market stakeholders on: recent developments in the Clean Development Mechanism (CDM); future and existing mechanisms; and new and emerging emission trading schemes. The workshop will also allow for an exchange of knowledge and experience in promoting carbon finance and mitigation action in Asia and the Pacific.  

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UN Climate Summit Catalyzes Action [viewed]

climate-summit-iisdrs23 September 2014: Climate Summit 2014 has concluded with countries committing to domestic action on climate change and pledging a total of US$2.3 billion to the Green Climate Fund (GCF).

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69th UN General Debate Opens, Addressing Post-2015 Agenda, Climate Change [viewed]

unga6924 September 2014: The UN General Assembly (UNGA) opened its 69th General Debate on 24 September 2014, at UN Headquarters in New York, US. Many Heads of State and Government addressed the post-2015 development agenda, including its architecture and means of implementation (MOI). Many applauded UN Secretary-General Ban Ki-moon's UN Climate Summit the day before, with several calling for future actions, including a legally binding agreement on climate change. Speakers also addressed strengthening international security, reforming the UN and tackling Ebola.

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Compact of Mayors Launched at UN Climate Summit [viewed]

c40-iclei-uclg23 September 2014: UN Secretary-General Ban Ki-moon and UN Special Envoy for Cities and Climate Change and former New York City Mayor Michael Bloomberg announced the launch of the global Compact of Mayors, the largest effort to date by cities to fight climate change.

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SloCaT, BtG Demonstrate Land Transport's Mitigation Potential [viewed]

slocat23 September 2014: The Bridging the Gap Initiative (BtG) and the Partnership on Sustainable Low Carbon Transport (SloCaT) have published a joint paper that provides key messages for transport and climate change policy makers on the potential contribution of the land transport sector to mitigation strategies.

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IRENA Launches Renewable Energy Initiatives in Africa, SIDS [viewed]

IRENA23 September 2014: During the 2014 Climate Summit, the International Renewable Energy Agency (IRENA) launched two initiatives aimed at reducing fossil fuel dependency in Africa and delivering cleaner energy for small island developing States (SIDS). Both initiatives will seek to speed up the development of renewable energy resources and strengthen related international cooperation.

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Mexico, Singapore Accept Doha Amendment [viewed]

mexico-singapur23 September 2014: The UNFCCC Secretariat reported that Mexico and Singapore 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 15.

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UNFCCC Reports on Structured Expert Dialogue on 2013-2015 Review [viewed]

UNFCCC22 September 2014: The UNFCCC Secretariat has published a report on the structured expert dialogue (SED) on the 2013-2015 review for 2014, providing a summary of the work undertaken by the SED from December 2013 to August 2014 for consideration at the 20th session of the Conference of the Parties (COP 20) to be held in Lima, Peru, from 1-12 December 2014.

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EBRD, BNEF Hold Forum on Sustainable Energy Finance [viewed]

erdb-bloomber-energy22 September 2014: Leaders from the climate finance community gathered at a forum hosted by the European Bank for Reconstruction and Development (EBRD), Bloomberg New Energy Finance (BNEF) and Finance for Resilience (FiRe) to accelerate sustainable energy finance by US$5 billion over a three-year period.

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