Finance

China, UN Sign MOU on South-South Climate Cooperation [viewed]

China, UN Sign MOU13 April 2015: As a follow-up to its commitment at the 2014 Climate Summit, the Government of China has signed a memorandum of understanding (MOU) with the UN on South-South cooperation on climate change. Under the MOU, China and the UN will work together to promote the sharing of technologies, know-how and experience among countries in the global South.

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Event: G20/OECD High-Level Roundtable on Institutional Investors and Long-Term Investment [viewed]

The Group of 20 (G20) and Organisation for Economic Co-operation and Development (OECD) will participate in their annual High-Level Roundtable on Institutional Investors and Long-Term Investment, which focuses on barriers to institutional long-term investing and solutions that encourage such investment.  

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Event: Climate Change Innovation Camp [viewed]

Ten finalist teams that answered a call for innovative solutions to climate change under a UN Development Programme (UNDP) nationwide campaign in the former Yugoslav Republic (fYR) of Macedonia will participate in a three-day Climate Change Innovation Camp. The finalists were selected from 130 submissions to the campaign, which was launched in December 2014 by UNDP in fYR Macedonia. During the Camp, the finalists will receive expert technical advice to develop their proposals further and compete for a US$10,000 prize to develop their proposals into prototypes. Finalists have put forward ideas involving: bikes and shoes to charge electronics; 'Eco Taxis'; solar collectors and billboards; solar cooling devices; re-using shower water for flushing toilets; using smartphones to create reminders for shutting off lights and optimizing heating and cooling; a smart app for carpooling; promotion of alternative means of transport; 'climate cafés'; and green roofs and facades.  

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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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