Finance

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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IEA Calls for Radical Action for Clean Energy Transformation [viewed]

IEA12 May 2014: Global progress towards a clean energy transformation has stalled or even declined in recent years, according to a report released by the International Energy Agency (IEA). The Agency's 'Energy Technology Perspectives 2014' (ETP 2014) report finds that the growth rate in the deployment of solar photovoltaics, onshore wind, and electric vehicles has slowed, and nuclear power generation has stagnated, while growth in coal is greater than the combined total of all clean energy technologies combined.

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Major Economies Forum Calls for Urgent Climate Action [viewed]

major-economies9 May 2014: The Mexican Government hosted the 18th meeting of the Major Economies Forum on Energy and Climate (MEF), welcoming 90 delegates from 23 countries to a discussion intended to support progress in climate change negotiations and encourage the adoption of clean energy that reduces greenhouse gas (GHG) emissions.

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UNFCCC Reports on Indigenous and Traditional Knowledge for Adaptation [viewed]

UNFCCC8 May 2014: The UNFCCC Secretariat has published a meeting report on available tools for the use of indigenous and traditional knowledge and practices for adaptation, needs of local and indigenous communities, and the application of gender-sensitive approaches and tools for adaptation (FCCC/SBSTA/2014/INF.11), which includes a summary of recommendations identified by participants for further consideration.

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Event: Africa Regional Workshop [viewed]

The Africa Regional Workshop of the Clean Development Mechanism (CDM) is expected to take place from 30 June - 1 July 2014, in Windhoek, Namibia, immediately prior to the Africa Carbon Forum.  

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Event: Second Forum of the Standing Committee on Finance [viewed]

The Second Forum of the UNFCCC Standing Committee on Finance (SCF) will take place in Montego Bay, Jamaica, from 21-22 June 2014. The theme of the Forum will be 'Mobilizing Adaptation Finance'. Sessions on the first day will focus on: the state of adaptation finance; mainstreaming adaptation in national planning; mobilizing public and private sector sources of finance; and ways to improve dissemination of adaptation best practices. The second day will feature break-out groups on: urban areas and infrastructure; water management and human health; agriculture and land-use; and energy and transport.  

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CCXG Forum Discusses Climate Finance, 2015 Agreement [viewed]

OECD_NEWMarch 2014: A group of country delegates and experts, known as the Climate Change Expert Group (CCXG), held its Global Forum for exchanging information on technical issues in the international climate change negotiations. The Forum provided a platform for an informal dialogue among countries on climate financing, creating a durable and flexible agreement in 2015, and accounting.

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Event: Sixth Africa Carbon Forum [viewed]

The Africa Carbon Forum (ACF) will take place from 2-4 July 2014, in Windhoek, Namibia. The Forum will: inform attendees of developments in carbon markets; provide a venue for connecting carbon project developers and investors; showcase lessons from completed Clean Development Mechanism (CDM) projects in Africa; feature presentations on public and private sector strategies for promoting CDM benefits in Africa; and encourage networking and discussions among technical experts, project developers and carbon buyers. The Forum is organized by the UNFCCC Secretariat, the UN Environment Programme (UNEP), the UNEP Riso Centre, the International Emissions Trading Association (IETA), the World Bank, and the African Development Bank (AfDB).  

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Event: Seventh Meeting of the Standing Committee on Finance [viewed]

The seventh meeting of the UNFCCC Standing Committee on Finance (SCF) will meet in Bonn, Germany, from 16-18 June 2014. During the meeting the SCF will be invited to consider: a working draft of the biennial assessment and overview of climate finance flows (BA); the draft technical paper on the fifth review of the financial mechanism; approaches to financing for forests; draft guidance to the operating entities of the financial mechanism; and its work plan for MRV of support beyond the BA. The SCF will also be invited to recommend next steps for linkages work with the Subsidiary Body for Implementation (SBI) and the thematic bodies of the Convention.  

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CIFOR's Forest Asia Conference Discusses Landscape Approach to Forestry [viewed]

forest-asia-summit-20146 May 2014: Participants at the Forests Asia Summit 2014 committed to promote a landscape approach in forestry management, research and education. Summit participants also supported strategies to promote green growth policies, strengthen law enforcement in relation to land tenure, land use and trade, develop a low-carbon economy and reaffirm the potential for REDD+.

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