Finance

EU, UNEP Strengthen Collaboration on Environment, Climate Change [viewed]

EU UNEP25 June 2014: The European Commission and the UN Environment Programme (UNEP) have signed a Memorandum of Understanding (MOU) that lays the foundation for continued collaboration on environment and climate change issues. Under the MOU, the European Commission and UNEP and will engage in more targeted cooperation on such areas as climate change, green economy, biodiversity and the new mercury convention.

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ADB, Japan Launch Low-Carbon Technology Fund [viewed]

adb-japan25 June 2014: The Asian Development Bank (ADB) and the Government of Japan have announced the creation of the Japan Fund for the Joint Crediting Mechanism (JFJCM), which will promote the adoption of advanced low-carbon technologies in the Asian region.

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IIGCC, UNEP, CISL Analyze Financial Implications of AR5 [viewed]

iigcc-unepfi-cisl23 June 2014: The Institutional Investors Group on Climate Change (IIGCC), UNEP Finance Initiative (UNEP FI) and the University of Cambridge Institute for Sustainability Leadership (CISL) have released a report analyzing the findings of the Fifth Assessment Report (AR5) of the Intergovernmental Panel on Climate Change (IPCC) for the financial sector.

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UNEP Launches Programme Performance Report 2013 [viewed]

Unep Logo23 June 2014: The UN Environment Programme (UNEP) released its 'Programme Performance Report 2012-2013' on the occasion of the first UN Environmental Assembly (UNEA). The report reflects the extent to which the organization is bringing about change, especially its monetary value-add, and shows where services are most effective and where there is space to improve strategy or modus operandi.

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CIF 2014 Partnership Forum Focuses on Stakeholder Engagement [viewed]

cif-forum24 June 2014: The Climate Investment Funds (CIF) 2014 Partnership Forum brought together over 400 participants, representing governments, civil society, indigenous peoples, the private sector, development partners and researchers, to learn and share lessons emerging from the CIF on how to foster partnerships and attract investment to deliver low-carbon and climate-resilient development results.

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World Bank Analyzes Economic, Health Benefits of Climate-Smart Policies [viewed]

World Bank23 June 2014: The World Bank, in partnership with the ClimateWorks Foundation, has released an analysis that estimates global economic output could increase by US$1.8 trillion annually through government policies that encourage energy efficiency and improve public transport. The report finds that such policies could save over one million lives, reduce crop losses by 1-1.5 million tons, and avoid 355 to 520 million metric tons of CO2 equivalent emissions.

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Our Ocean Conference Garners Over $800 Million in Ocean Conservation Commitments [viewed]

our-ocean17 June 2014: US Secretary of State John Kerry announced that the US State Department's 'Our Ocean' conference resulted in more than US$800 million in government and private sector commitments to conserve the ocean and its resources. The conference aimed to develop strategies for protecting oceans through three pillars focused on: sustainable fisheries; marine pollution from land-based and ocean-based sources; and ocean acidification, as addressed in the ‘Our Ocean Action Plan.'

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ADB Clean Energy Investments Exceed 2013 Goal [viewed]

ADBJune 2014: The Asian Development Bank (ADB) has released a report titled ‘2013 Clean Energy Investments: Project Summaries,' which highlights that ADB's total investments in clean energy in 2013 amounted to US$2.3 billion, exceeding the annual target of US$2 billion. The report shows an increased focus on the public sector, with public or sovereign loans making up 72% of the total figure.

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Event: Fifth Petersberg Climate Dialogue [viewed]

The meetings of the Petersberg Climate Dialogue, an initiative of the German Government, are co-chaired by Germany and the upcoming Presidency of the UN climate negotiations (Mexico in 2010; South Africa in 2011; Qatar in 2012; Poland in 2013; and Peru in 2014). The Dialogue brings together representatives from all regions of the world and all negotiating groups. Discussions are held in an informal style to facilitate an "open and honest" debate. The fifth Petersberg Climate Dialogue will take place under the theme "Addressing the urgency – stepping up our contributions," and will aim to introduce new ideas into the negotiations and discuss new strategies in preparation for the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, scheduled to take place in Lima, Peru, in December 2014. The meeting will be presided over by Federal Environment Minister Barbara Hendricks and Peruvian Minister for Environment Manuel Pulgar-Vidal.  

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Event: 49th Meeting of the GEF Council [viewed]

The Global Environment Facility (GEF) Council meets twice per year to approve new projects with global environmental benefits in the GEF's focal areas. The Council also provides guidance to the GEF Secretariat and Agencies.  

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