Finance

European Commission Launches Smart Specialization Platform on Energy [viewed]

smart_specialisation_platform26 May 2015: The European Commission launched a new 'Smart Specialisation Platform on Energy' (S3P-ENERGY) at a high-level conference in Brussels, Belgium, on 26 May 2015, designed to help European regions and EU member States to make full use of EU funds earmarked for sustainable energy under the EU's Cohesion Policy.

read more »

UNDP-GEF Annual Report Provides Performance Ratings of US$10.35 Billion in Projects [viewed]

UNDP - GEF22 May 2015: The UN Development Programme Global Environmental Finance Unit (UNDP-GEF) released its seventh annual performance report, providing progress and quality ratings of environment and sustainable development projects to the value of US$10.35 billion.

read more »

Six Major Oil Companies Call for Stronger Carbon Pricing [viewed]

TOTAL - eni - bp - Shell - Statoil1 June 2015: BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total have sent an open letter to governments and the UN, expressing readiness to further limit greenhouse gas (GHG) emissions if States introduce carbon pricing systems where they do not yet exist at the national or regional levels and eventually link them into a global system that puts a price on the environmental and economic costs of GHG emissions.

read more »

IDB Outlines Climate Change Risk Management Options in LARC's Transport Sector [viewed]

new_logo_idbMay 2015: The Inter-American Development Bank (IDB) has released a publication, titled 'Climate Change Risk Management Options for the Transportation Sector' in Latin America and the Caribbean, which identifies climate change risks and risk management options that can be incorporated into IDB-investments in the transportation sector.

read more »

Next Round of Climate Change Negotiations Opens in Bonn [viewed]

UNFCCC1 June 2015: Negotiations under the UN Framework Convention on Climate Change (UNFCCC) opened in Bonn, Germany, on 1 June 2015, to continue work on the text of the Paris 2015 universal climate agreement and on the most effective ways to raise climate action before 2020.

read more »

OECD, IEA Examine Proposals on Strategic Review and Climate Finance [viewed]

oecd_ccxgMay 2015: The Secretariats of the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA) have released two papers, titled 'Strategic Review: Implications of Proposals to Date for Mitigation Contributions' and 'Assessing Options to Increase Climate Support.'

read more »

CEM6 Announces Actions for Global Clean Energy Transition [viewed]

CEM6 Participants28 May 2015: During the sixth Clean Energy Ministerial (CEM6), “ambitious actions to accelerate the global transition to clean energy” were announced, including global efforts addressing critical technology and policy challenges of efficient lighting, low-carbon power systems and information availability regarding low-carbon development policies. At CEM6, ministers agreed to launch an enhanced, second phase of work under the CEM, referred to as “CEM 2.0.”

read more »

Carbon Expo 2015 Highlights Market Mechanisms for Climate Change Mitigation [viewed]

CARBON EXPO 201228 May 2015: The 12th edition of the Carbon Expo instilled a sense of renewed optimism about the future of carbon markets, according to event organizers. The 2015 Carbon Expo, which is a global carbon market fair and conference, brought together stakeholders from the policy, business, non-governmental, research and financial realms to discuss carbon pricing and finance tools for transitioning to low-carbon economies.

read more »

May 2015 Climate Finance Update [viewed]

AfDB - IDB - Adaptation Fund - UNDP - GEF - World Bank - APEC - SLoCaT - UNISDR - ADB - EIB1 June 2015: Climate finance-related news and announcements during May 2015 were published by the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Adaptation Fund, the UN Development Programme (UNDP), the Global Environment Facility (GEF), the World Bank, Asia-Pacific Economic Cooperation (APEC), the Partnership on Sustainable Low Carbon Transport (SLoCaT) and the UN Office for Disaster Risk Reduction (UNISDR). AfDB, IDB, the Asian Development Bank (ADB), the European Investment Bank (EIB) and the World Bank launched studies, reports and stories related to climate risk and finance. AfDB, ADB and the World Bank reported on climate change and finance-related events.

read more »

May 2015 Sustainable Energy Finance Update [viewed]

AfDB-ADB-EBRD-EIB-GEF-IDB-OPEC-World BankMay 2015: In May, the African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Global Environment Facility (GEF), Inter-American Development Bank (IDB), OPEC (Organization of the Petroleum Exporting Countries) and World Bank announced funding for sustainable energy projects.

read more »