Finance

Canada Pledges Funding to GCF [viewed]

CANADA Flag21 November 2014: The Government of Canada has announced it will commit CAD$300 million to the Green Climate Fund (GCF). The announcement was made ahead of the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, to be held in Lima, Peru, in December 2014, and just after the first GCF pledging conference, which took place in Berlin, Germany, on 20 November 2014.

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Event: Aplicación del Marco de Evaluación de Opciones en México: Hacia la Construcción de Mecanismos de Distribución de Beneficios [viewed]

This webinar, convened by the Program on Forests (PROFOR) and Mexico's National Forestry Commission (CONAFOR), will provide an opportunity for participants to learn more about the benefit sharing mechanisms developed for Mexico's REDD+ programme. The event will introduce the evaluation of the institutional, legal and financial setting for benefit sharing as well as the resulting suggestions for a best practice benefit sharing mechanism. The event will be held in Spanish.  

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SDSN Outlines Pathways to Deep Decarbonization in the US [viewed]

unsdsn20 November 2014: The Deep Decarbonization Pathways Project (DDPP) has released a report demonstrating that the US could achieve an 80% reduction in greenhouse gas (GHG) emissions below 1990 levels by 2050. Using what the report indicates are conservative economic assumptions and existing or near-commercial technologies, the report creates four low-carbon scenarios, all leading to the 80% cut, which translates into an 83% reduction over 2005 levels.

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US$9.3 Billion Pledged to GCF [viewed]

green-climate-fund-new20 November 2014: Representatives from 21 governments presented pledges at the Green Climate Fund (GCF) High-Level Pledging Conference amounting to US$9.3 billion. The GCF underlined that this is the highest sum ever raised within a five-month period for an international financing mechanism dedicated to combating climate change.

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UNFCCC Identifies Cooperation Areas on the Impacts of Response Measures [viewed]

UNFCCC19 November 2014: A technical paper published by the UNFCCC Secretariat continues work on the impact of measures implemented in response to climate change. As such response measures may have various impacts, whether social, environmental or economic, parties have looked for areas of convergence in addressing this issue, including through a forum held on 6 June 2013. The technical paper summarizes opportunities for cooperation on this issue.

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UNFCCC Standing Committee on Finance Reports to Lima COP [viewed]

UNFCCC17 November 2014: The Standing Committee on Finance (SCF), which was established to assist the UNFCCC Conference of the Parties (COP) in exercising its functions with respect to the Financial Mechanism of the Convention, has released its 2014 report, containing summaries of its meetings, assessments and recommendations. The report also contains the Committee's workplan for 2015.

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UNFCCC Releases Adaptation Committee's Report for Lima [viewed]

UNFCCC14 November 2014: The UNFCCC Secretariat has published the report of the Adaptation Committee (AC), which contains information on the work of the Committee between October 2013 and October 2014 (FCCC/SB/2014/2).

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France, Pacific Community Hold High-Level Dialogue on Climate Change [viewed]

SPC - French Flag17 November 2014: The Secretariat of the Pacific Community (SPC) hosted a High-Level Dialogue on Climate Change between Pacific leaders and French President François Hollande, who will preside the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France. During the Dialogue, the Pacific Community urged France to take on a strong leadership role in 2015 to adopt a meaningful climate change agreement and pledged their support to Hollande during preparations for COP 21.

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UNFCCC Reports on Matching NAMA with Support [viewed]

UNFCCC14 November 2014: The UNFCCC Secretariat has published a report on the extent of the matching of nationally appropriate mitigation actions (NAMAs) with financial, technical and capacity-building support (FCCC/SBI/2014/INF.24). The document provides information on the extent of the matching of NAMAs with financial, technical and capacity-building support under the NAMA registry.

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L20 Urges G20 to Address Climate Change, Green Growth, Inequalities [viewed]

L2014 November 2014: The Labour 20 (L20) called on the Group of 20 (G20) to take action on climate change and green growth, and to implement a plan for jobs and growth that reduces inequality. The L20 unites trade unions from G20 countries and Global Unions, and seeks to represent workers' interests at the G20 level.

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