Finance

ADB Assesses Climate Change Costs in South Asia [viewed]

ADB19 August 2014: The Asian Development Bank (ADB) has published a report, titled ‘Assessing the Costs of Climate Change and Adaptation in South Asia,' which predicts that by 2050, the collective economy of six countries - Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka - will see an average annual economic loss of around 1.8% of GDP by 2050 that could rise to 8.8% in 2100 if the “world continues on its current fossil fuel-intensive path.”

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DESA Analyzes SIDS Sustainable Development Trends [viewed]

DESAAugust 2014: Despite advances toward sustainable development, small island developing States (SIDS) continue to face many challenges, according to ‘Trends in Sustainable Development: SIDS,' a publication issued by the UN Department for Economic and Social Affairs (DESA) Division for Sustainable Development (DSD) as an input to the Third International Conference on SIDS. The report assesses SIDS' progress in key sustainable development areas: climate change; demographics; energy; finance and trade; health and non-communicable diseases (NCDs); natural disaster management; oceans and seas; social development, including education, food security, gender equality and access to water and sanitation; tourism; and waste management.

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Event: 2015 Spring Meetings of World Bank and IMF [viewed]

The 2015 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will bring together thousands of government officials, journalists, civil society organizations, academia and the private sector. The IMF's International Monetary and Financial Committee and the joint World Bank-IMF Development Committee will meet to discuss progress on the IMF's and the WBG's work. Seminars, regional briefings, press conferences and many other events focused on the global economy, international development and the world's financial markets will also be held.  

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Event: 2014 Annual Meetings of World Bank and IMF [viewed]

The 2014 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will bring together central bankers, ministers of finance and development, private sector executives and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness. Seminars, regional briefings, press conferences and other events focused on the global economy, international development and the world's financial system will be held. About 13,000 people are expected to attend this year's meetings. The Annual Meetings will open with a plenary on 10 October followed by meetings of the International Monetary and Financial Committee (IMFC) and of the Development Committee on 11 October. At the conclusion of each of these meetings, communiqués will be released providing guidance to the Executive Boards of the two institutions. A Civil Society Policy Forum will also be held, which will comprise a series of policy dialogue sessions and bring together Bank and Fund staff, civil society representatives, government officials and others.  

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UNEP, UN-REDD Support REDD+ University Programmes [viewed]

unep-unredd20 August 2014: The UN Environment Programme (UNEP), the UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD) and the Yale School of Forestry and Environmental Studies released a guide to strengthen the integration of REDD+ into university curriculum. The publication is intended to build in-country capacity within UN-REDD partner countries in order to identify and address research gaps.

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IFAD Recommends Global Response to Food Security [viewed]

IFAD18 August 2014: In advance of the Third International Conference on Small Island Developing States (SIDS), the International Fund for Agricultural Development (IFAD) has released an infographic, titled ‘Investing in Small Island Developing States,' and a publication, titled ‘IFAD's Approach in SIDS: A global response to island voices for food security.' These resources highlight SIDS' characteristics, show IFAD's strategic approaches to SIDS engagement, and propose moving towards “a global response to island voices for food security.”

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CCRIF Insures Caribbean Governments Against Excess Rainfall [viewed]

CCRIF4 August 2014: The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has announced that eight member countries have purchased its excess rainfall insurance coverage for 2014-2015.

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FS-UNEP Highlights Climate Finance Projects and Training [viewed]

fs-unep-centreAugust 2014: The Frankfurt School (FS)-UN Environment Programme (UNEP) Collaborating Centre for Climate and Sustainable Energy Finance has published its sixth newsletter, which highlights, inter alia, work the Centre has carried out to increase the resilience of microfinance institutions (MFIs), to shift finance toward climate-friendly investments and to equip professionals to become climate and renewable energy finance experts.

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BMUB, IKI Workshop Advances Common Understanding of INDCs [viewed]

BMUB.IKI10 June 2014: Over 40 experts from International Climate Initiative (IKI) projects gathered for a workshop to discuss the information necessary for, and the potential elements of, intended nationally determined contributions (INDCs). The event served as a platform for sharing participants' experiences in working with their partner countries and building a common understanding of INDCs.

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BASIC Call for Finalizing Elements of Draft Negotiating Text in Lima [viewed]

Indian Flag8 August 2014: The 18th BASIC Ministerial Meeting on Climate Change brought together representatives from Brazil, India, South Africa and China (BASIC), who adopted a joint statement emphasizing the need to finalize the elements of a draft negotiating text for the 2015 agreement at the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, to be held in Lima, Peru, in December 2014.

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