Finance

NAMA Registry Records First Match [viewed]

UNFCCC23 May 2014: The UNFCCC Secretariat has announced that Austria is supporting a Georgian sustainable forestry project in what is the first match recorded by the UNFCCC's registry of Nationally Appropriate Mitigation Actions (NAMAs).

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Central Asian Countries Collaborate on Climate Resilience [viewed]

World Bank15 May 2014: The Second Central Asia Climate Knowledge Forum, organized under the theme ‘Moving Towards Regional Climate Resilience,' was organized by the World Bank and brought together over 100 policymakers and practitioners from Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan.

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Event: Climate Finance and Investment Forum in West Africa [viewed]

The UN Framework for Climate Change (UNFCCC) Secretariat, the UN Environment Programme (UNEP), UNEP Risoe Centre on Energy, Climate and Sustainable Development, and the Banque Ouest Africaine de Developpement (BOAD) are jointly organizing a Climate Finance and Investment Forum in West Africa. The objective of the event is to facilitate and enhance the finance of climate change mitigation and adaptation projects in the region. The two-day event will include plenaries on: International Climate Finance and the UNFCCC Framework; Climate Finance Instruments: Opportunities for Africa; Public Financial Institutions and Climate Finance; Presentation from Regional Climate Change Projects; Role of a Private Financial Institution in Enabling Sustainable Development; Examining the Opportunities in Emerging African Investment Funds; Clean Energy Finance: The Case Study of South Africa; and Renewable Energy Project Finance.  

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GCF Board Paves Way for Mobilizing Resources [viewed]

Green Climate Fund (GCF)21 May 2014: At its seventh meeting, the Green Climate Fund (GCF) Board took the final steps necessary to operationalize the Fund and begin mobilizing resources. The Board adopted decisions on results management, the initial process for approving proposals, accreditation of implementing entities and risk management.

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EU Forest Strategy Endorsed [viewed]

eu-forest europe19 May 2014: The Council of the Europe Union has endorsed the 2013 'A new EU Forest Strategy: For forests and the forest-based sector,' and has released its 'Conclusions adopted by the Council.' The conclusions refer to the Oslo Ministerial Declaration on European Forests 2020 and to criteria and indicators for sustainable forest management (SFM) developed by FOREST EUROPE.

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UNISDR R!SE Initiative to Mainstream DRM in Business [viewed]

rise19 May 2014: The UN Office for Disaster Risk Reduction (UNISDR) launched the R!SE Initiative, which: has the objective of mainstreaming disaster risk management (DRM) into corporate planning and investment decision making; brings together business, investment and insurance representatives, as well as actors from the public sector, business education and civil society; and aims to develop and promote global standards on risk metrics and voluntary industry standards for disaster risk-sensitive investment.

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Military Advisory Board Identifies Climate Change as Security Threat [viewed]

accelerating-risks-climate-change13 May 2014: The CNA Corporation's Military Advisory Board has published a report, titled ‘National Security and the Accelerating Risks of Climate Change,' which provides an update to a 2007 CNA report that described climate change as a “threat multiplier.” The 2014 report reexamines climate change impacts on US national security within a more complex and integrated world and, looking at new vulnerabilities and tensions, identifies climate change as a “catalyst for instability and conflict.”

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UN-REDD Announces Partnership for Community-based REDD+ [viewed]

Smallgrants15 May 2014: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation (UN-REDD) launched a partnership with the Global Environment Facility (GEF) small grants programme (SGP) in support of community based REDD+. The objective of the partnership is to enable indigenous peoples and local communities to effectively participate in the design, implementation and assessment of REDD+ projects and programmes.

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Asian Cities Emphasize Climate Focus in Capital Investment Planning [viewed]

World Bank15 May 2014: Representatives of Asian cities met at the second Seoul Creditworthiness Academy workshop to discuss ways to improve municipal finances and access to capital to achieve low-carbon development, and the need for a “climate lens” in developing capital investment plans. Participants included 39 mayors, city officials and technical experts representing 15 cities and provinces from 12 countries across Asia.

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Adaptation Fund Releases 23rd Board Meeting Report [viewed]

Adaptation Fund6 May 2014: The Adaptation Fund (AF) has released the report of the 23rd meeting of its Board (AFB). The report outlines the discussions and actions taken at the meeting, including decisions on fundraising targets in 2014 and 2015, eligibility criteria for the Readiness Programme, and zero tolerance for corruption.

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