Finance

WEO Special Report Analyzes Future Energy Investment [viewed]

IEA3 June 2014: The world will need to invest US$40 trillion in energy supply, including US$6 trillion in renewables, and US$8 trillion in energy efficiency over the period to 2035 to meet its energy needs, according to the World Energy Investment Outlook. The International Energy Agency (IEA) published the Outlook, which projects energy demand and corresponding investment to 2035, as a World Energy Outlook (WEO) Special Report.

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UNFCCC Events Focus on Actions by Cities and Subnational Authorities [viewed]

UNFCCC10 June 2014: A Forum on Experiences and Best Practices of Cities and Subnational Authorities, as well as a Thematic Expert Meeting (TEM) on Urban Environment, convened under the Ad Hoc Working Group on the Durban Platform (ADP) during the UN Climate Change Conference in Bonn, Germany. The events discussed the implementation of sub-national and city-level action on mitigation and adaptation.

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Climate Adaptation Marketplace Launched on Coral Triangle Day [viewed]

Coral Triangle Initiative9 June 2014: Coral Triangle Day, which took place under the theme ‘Shared waters, Shared solutions,' celebrated the marine biodiversity of the Coral Triangle region, which includes Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Islands and Timor-Leste. Events included community beach cleanups, film screenings, fisher education programs, sustainable seafood dinners, twitter campaigns and the launch of a 360° seaview infographic.

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OECD's ENVIRONET, WP-STAT Review Use of Rio Markers, Environment-Related ODA Reporting [viewed]

OECD3 June 2014: The Organisation for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC), the Network on Environment and Development Co-operation (ENVIRONET) and the Working Party on Development Finance Statistics (WP-STAT) met to examine progress on improving finance reporting under the Rio Conventions.

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Ministers Discuss Durban Platform for Enhanced Action at Bonn Climate Change Conference [viewed]

climate-change-bonn-20146 June 2014: Ministers convened for the second day of the high-level ministerial on 6 June, as part of the June session of the UN climate change talks in Bonn, Germany, to discuss the Durban Platform for Enhanced Action. The dialogue provided an opportunity for ministers and other participants to discuss how to advance the implementation of actions with high mitigation potential and build the required confidence and momentum toward contributions under the Durban Platform.

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G7 Declaration Highlights Energy Security, Climate Change, Sustainable Development [viewed]

g7-eu5 June 2014: The Presidents of the European Council and European Commission (EC) have gathered with leaders from Canada, France, Germany, Italy, Japan, the UK and the US for a G7 Summit, during which they discussed issues related to Ukraine and global foreign policy issues, as well as energy, climate, economy and development, among others. The resulting Brussels G7 Summit Declaration addresses each of these issues and affirms the G7's commitment to “the values of freedom and democracy, and their universality and to fostering peace and security.”

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Event: Tenth Meeting of the Carbon Fund (CF10) [viewed]

The Forest Carbon Partnership Facility (FCPF) will consider Emission Reductions Program Idea Notes (ER-PIN) from Cambodia, Chile, Colombia, Guatemala, Indonesia, Madagascar, Mozambique, Peru, Republic of Congo and Viet Nam at the tenth meeting of the Carbon Fund. The meeting will also consider the Emission Reductions Program Document (ER-PD) template as well as the emission reductions buffer maintained by the FCPF.  

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Ministerial Roundtable Addresses Increased Ambition of Kyoto Protocol [viewed]

UNFCCC5 June 2014: For the first time ever, ministers joined the June session of the UN climate change talks. In a roundtable discussion on 5 June, they discussed increased ambition of Kyoto Protocol commitments and stressed the urgency of taking action. The roundtable provided an opportunity for ministers to: take stock of progress made in implementing the second commitment period of the Kyoto Protocol; discuss how to increase ambition in reducing emissions for that period; and address how lessons learned in implementing the Protocol could positively influence mitigation ambition, including under the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP).

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UK Hosts Clean Energy Finance Summit [viewed]

Flag UK4 June 2014: The Clean Energy Finance Summit has held the inaugural meeting of the Global Innovation Lab for Climate Finance, a global public-private platform created to leverage private sector investments in low-carbon, climate-resilient infrastructure in developing countries. The meeting represented an opportunity for the Global Innovation Lab to consider proposals for raising private finance in consultation with experts from pension funds, investment banks and development finance institutions in developed and developing countries.

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CCAFS Policy Brief Identifies Key Components to Successful NAPs for Agriculture [viewed]

CCAFSJune 2014: The Research Program on Climate Change, Agriculture and Food Security (CCAFS), a member of the CGIAR consortium, has published a policy brief, titled 'Climate Adaptation and Agriculture: Solutions to Successful National Adaptation Plans.' The brief emphasizes that the design of effective national adaptation plans (NAPs) hinges on careful consideration of the actors and institutions with the most influence and leverage.

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