Finance

ECREEE Outlines Regional SE4ALL Priorities [viewed]

ECREEE9 May 2014: The Economic Community Of West African States (ECOWAS) Regional Centre for Renewable Energy and Energy Efficiency (ECREEE) has released the eighth edition of its newsletter, highlighting ECOWAS' adoption of renewable energy and energy efficiency policies, a campaign for gender awareness, and regional priorities for the Sustainable Energy for All (SE4ALL) initiative.

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EBRD Annual Meeting Highlights 25 Years of Environmental Transition [viewed]

EBRD15 May 2014: The European Bank for Reconstruction and Development (EBRD) announced the winners of its annual Sustainability Awards and launched its Sustainability Report 2013 at its 2014 Annual Meeting and Business Forum. A panel focusing on environmental change during economies' transition process was held in conjunction with the awards announcement and report launch.

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Fifth Clean Energy Ministerial Addresses Finance, Markets and Energy-Water Nexus [viewed]

cem513 May 2014: Energy ministers and high-level delegates from 23 countries, as well as representatives from the private sector and international organizations, gathered for the Fifth Clean Energy Ministerial (CEM5) to discuss accelerating the transition toward a global clean energy economy and to assess progress made since CEM1 in 2010. Around 250 participants attended the meeting, which convened a set of public-private roundtables and a Ministerial segment on clean energy, integration, energy efficiency and human capacity.

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EU ETS Emissions Fall, Allowance Surplus Grows in 2013 [viewed]

European Union 14 May 2014: Greenhouse gas (GHG) emissions capped under the EU Emissions Trading System (EU ETS) fell by an estimated 3% in 2013, to slightly under 1.9 billion tons of carbon dioxide equivalent (CO2e), according to the European Commission. During the same period, the cumulative surplus in emission allowances grew to over 2.1 billion tons CO2e, from 2.0 billions tons CO2e at the end of 2012.

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China Supports International Cooperation on DRR [viewed]

UNISDR13 May 2014: China has indicated it will support stronger international cooperation to prevent and reduce the impact of disasters in the lead up to the successor agreement to the Hyogo Framework for Action (HFA) on disaster risk reduction (DRR) to be adopted in 2015. The announcement was made during the 5th National Forum on Comprehensive Disaster Risk Reduction and Sustainable Development, which highlighted the need to strengthen international financing mechanisms for DRR, among other things.

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UNFCCC Publishes GEF Report on Technology Transfer [viewed]

GEF UNFCCC9 May 2014: The UNFCCC Secretariat has published a Global Environment Facility (GEF) report on progress made in implementing the Poznan Strategic Programme on Technology Transfer and on consultations with the Climate Technology Centre and Network (CTCN) (FCCC/SBI/2014/INF.3), in preparation for the 40th session of the Subsidiary Body for Implementation (SBI 40).

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CIF Pilot Countries and Projects Presented in Interactive Online Map [viewed]

CIFMay 2014: The Climate Investment Funds (CIF) has launched a global, online map and database of its participating pilot countries, projects and programs. The clickable map and accompanying table link to separate country-specific webpages containing a summary and downloadable program and project information for each of the 48 CIF countries.

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UNEP, China Collaborate on Climate Change Adaptation [viewed]

UNEP10 May 2014: The UN Environment Programme (UNEP) and China will collaborate to enhance South-South cooperation on climate change adaptation, according to a high-level agreement endorsed by UNEP Executive Director Achim Steiner and Chinese Premier Li Keqiang. Through the agreement, UNEP and China agree to harness their “strengths, capacities and resources” to assist countries in the Global South with the fight against climate change.

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EU, GIZ Support Climate Resilience, Energy Security in the Pacific [viewed]

giz-eu9 May 2014: The EU and the German International Cooperation Agency (GIZ) have signed an agreement to support 15 Pacific island countries in adapting to climate change impacts through sustainable livelihoods and in reducing their dependence on fossil fuels. The €18.6 million agreement will fund the first of a three-part, €35 million programme on ‘Adapting to Climate Change and Sustainable Energy' (ACSE), designed to promote energy security at all levels.

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Carbon Tracker Initiative Identifies Oil Assets' Climate Risks [viewed]

carbon.tracker.initiative8 May 2014: A report released by the Carbon Tracker Initiative (CTI) identifies the most likely assets in the oil sector to become stranded due to climate risks. Titled ‘Carbon Cost Supply Curves: Evaluating Financial Risk to Oil Capital Expenditures,' the report is the first in a series of reports identifying the riskiest and most expensive projects in the oil, gas and coal sectors.

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