Finance

EUROCLIMA Seminar Prepares for Lima [viewed]

Euroclima3 October 2014: The ‘IV Seminario EUROCLIMA' brought together more than 60 participants from Latin American countries, regional organizations from the EU and Latin America, and Spanish Government entities to discuss different aspects of the regional cooperation programme on climate change between the EU and Latin America.

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Report Examines Liability of Oil and Gas Companies for Climate Change [viewed]

october2014.ccpa9 October 2014: The Canadian Centre for Policy Alternatives (CCPA), an independent policy research organization, has published a study titled ‘Payback Time? What the Internationalization of Climate Litigation Could Mean for Canadian Oil and Gas Companies.' The report finds that oil and gas companies could be liable for billions of dollars in damages for their contribution to climate change.

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World Summit of Regions Issues Paris Declaration on Climate Action [viewed]

r2013 October 2014: The first World Summit of Regions for Climate brought together over 1,000 representatives of cities, regions, provinces, states, universities and businesses to address climate change, and resulted in a joint declaration calling for commitment to concrete actions on the road to the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, when a new climate deal is expected to be agreed.

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Second Committee Hears Proposals on Streamlining Agenda [viewed]

unga699 October 2014: The UN General Assembly's Second Committee (Economic and Financial) held a discussion on its working methods, in keeping with the mandate set out in UNGA resolution 68/307 on the revitalization of the Assembly.

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IEA Calls for Strengthening Energy Efficiency Market [viewed]

IEA8 October 2014: A market report by the International Energy Agency (IEA) confirms the role of energy efficiency as the “first fuel,” with the global energy efficiency market currently worth US$310 billion or more. Emphasizing the role of energy efficiency in climate change mitigation efforts, the report stresses that while it is becoming an established market segment, efforts to strengthen financing for energy efficiency should be strengthened. The report also finds significant potential for energy efficiency in emerging economies, in particular in the transport sector.

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ECPA Reports on Sustainable Energy Activities in LAC [viewed]

ECPA logo8 October 2014: The Energy and Climate Partnership of the Americas (ECPA) has reported on events and a project focusing on energy efficiency at national, sub-regional and regional levels, as well as on the future of energy in the Latin America and the Caribbean (LAC) region.

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Liberia and Norway Partner to Halt Deforestation [viewed]

liberia-norway23 September 2014: Following the New York Declaration on Forests agreed to at Climate Summit 2014, Liberia and Norway announced a six-year US$150 million partnership to end deforestation in Liberia by 2020.

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Event: UNECE Sustainable Energy Week [viewed]

The UN Economic Commission for Europe (UNECE) is organizing Sustainable Energy Week under the theme 'Energy for Sustainable Development: Trends and Milestones'. The three primary events of the week are the meetings of: the Group of Experts on Energy Efficiency (GEEE) on 17-18 November 2014; the Group of Experts on Renewable Energy (GERE) on 18-19 November; and the 23rd session of the Committee on Sustainable Energy (CSE), from 19-21 November. Among other agenda items, GEEE will: discuss and approve its draft work plan; consider such cross-cutting issues as sustainable housing, smart cities, industry and renewable energy; and hear the outcomes of the 5th International Forum: Energy for Development. GERE will, inter alia: discuss renewable energy best-practices; address renewable energy finance and investment; consider how a competitive market environment for renewables can be created; and approve a draft work plan. Highlights from the CSE session agenda include a high-level segment on 'Energy for Sustainable Development: Must Reality Conflict with Ambition?', a discussion on accelerating energy efficiency uptake, and a discussion on how renewables can optimize energy systems. A workshop on the UN Framework Classification for Fossil Energy and Mineral Reserves and Resources 2009 (UNFC-2009) classification of renewable energies will also take place during the Week.  

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IEA Africa Energy Outlook Explores Role of Energy in Regional Development [viewed]

IEA14 October 2014: The International Energy Agency (IEA) has launched a Special Report examining the energy sector in Sub-Saharan Africa. The report focuses on ways to accelerate economic and social development in the region through energy sector actions and investment, and examines future prospects of the region's energy sector, broken down by fuel, sector and sub-region, and key issues such as the role of renewable energy, in particular mini-and off-grid solutions, in providing access to electricity.

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CEOs, Finance Ministers Address Climate Change at World Bank, IMF Meetings [viewed]

WB and IMF13 October 2014: The 2014 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) tackled some of the most pressing issues and risks facing the world today, such as the Ebola epidemic, unrest in the Middle East, climate change and lack of money for critical infrastructure.

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