Finance

12th Carbon Fund Meeting Considers Extension Beyond 2020 [viewed]

Forest Carbon1 May 2015: Participants at the 12th meeting of the Carbon Fund (CF12) considered, inter alia: the extension of the Fund's term beyond 2020; the 2016 budget proposal; and the Emission Reduction Programme Document (ER-PD) business process and Technical Advisory Panel (TAP) terms of reference (TOR). The meeting also provided an opportunity to share early ideas on ER-Programme Idea Notes (ER-PINs), including from Argentina, Cameroon, Cote d'Ivoire, the Dominican Republic, Fiji, Guyana, Laos, Mozambique and Nicaragua.

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April 2015 Climate Finance Update [viewed]

April 2015 Climate Finance30 April 2015: During April 2015, the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Adaptation Fund, the Climate Investment Funds (CIF), the Green Climate Fund (GCF), the World Bank, Climate Finance Options and the UN Environment Programme (UNEP) DTU Partnership reported on project news and other climate finance-related developments.

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World Green Economy Summit 2015 Issues Second Dubai Declaration [viewed]

wges23 April 2015: The World Green Economy Summit (WGES) 2015, an initiative of the United Arab Emirates (UAE) Dubai Electricity and Water Authority (DEWA), brought together local and international experts and stakeholders to discuss key topics on the green economy agenda, and concluded with the Second Dubai Declaration on the development of the green economy in Dubai and globally.

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FAO, Norway to Provide Forest Countries with Monitoring Software [viewed]

fao_norad13 April 2015: The Food and Agriculture Organization of the UN (FAO) and the Government of Norway are partnering to aid developing countries in their monitoring and reporting of changes to forest resources. The US$4.5 million partnership agreement will allow these countries to access Earth observation data, such as from satellite imagery, and create an easy-to-use platform for collating and analyzing the data.

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Pontifical Academy of Sciences Holds Workshop on Climate Change, Sustainable Development [viewed]

pontifical_academy_sciences29 April 2015: A recent workshop, titled ‘Protect the Earth, Dignify Humanity: The Moral Dimensions of Climate Change and Sustainable Humanity,' aimed to: help strengthen the global consensus on the importance of climate change in the context of sustainable development; elevate the importance of the moral dimensions of protecting the environment in advance of the Papal encyclical; and build a global movement to address climate change and sustainable development.

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Japan, US to Enhance Cooperation on Climate Change, Sustainable Energy [viewed]

us-japan28 April 2015: During a state visit by the Japanese Prime Minister Shinzo Abe to the US, organized to honor the seven-decade partnership between the two countries, Prime Minister Abe and US President Barack Obama reaffirmed their countries' commitment to enhancing the bilateral partnership in a number of areas, including the environment and climate change, space and energy. The leaders announced the two countries would cooperate to address climate change and environmental degradation, and to deliver secure, affordable, sustainable and safe energy.

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UNFCCC Executive Secretary Calls for Greater Access to Climate Finance [viewed]

Christiana Figueres, UNFCCC Executive Secretary28 April 2015: In an analysis published on the Group of 7/Group of 20 (G7/G20) website, UNFCCC Executive Secretary Christiana Figueres focuses on the role the G7 should play in financing the transition to a low-carbon global economy. Figueres calls on the G7 "to help orchestrate" the build-up of the US$100 billion in climate finance that the developed world has agreed to provide annually by 2020, and to contribute to the global framework that will "green capital at levels high enough to transform the economy."

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High-Level Dialogue Renews Commitment to REDD+ in Zambia [viewed]

zambia_unredd_undp28 April 2015: The Government of Zambia, in collaboration with the UN Development Programme (UNDP) and the UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD), held a high-level dialogue to review its national REDD+ strategy. The dialogue reaffirmed the political commitment to the REDD+ process in Zambia and the associated target to achieve a climate change resilient economy by 2030.

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April 2015 Water Finance Update [viewed]

afdb_gef_idb_gwpApril 2015: During the month of April, international financial institutions (IFIs), including the African Development Bank (AfDB), Global Environment Facility (GEF), Inter-American Development Bank (IDB) and World Bank, announced financing for projects related to water resource management, sanitation services and water conflict resolution. In addition, the Global Water Partnership (GWP) undertook an initiative for climate-proofing water investment in the Caribbean.

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Major Economies Forum Discusses Expectations Ahead of Paris Conference [viewed]

MEF21 April 2015: The 21st meeting of the Leaders' Representatives of the Major Economies Forum on Energy and Climate (MEF) brought together ministers and officials from 15 major economies, as well as from Maldives, New Zealand, Norway, Peru, the Marshall Islands, Saudi Arabia, Singapore, Switzerland and Turkey. The meeting was also attended by representatives of the UNFCCC Secretariat and the UN Secretary-General's office, as well as the Co-Chairs of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP).

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