Finance

Event: Workshop on Corruption Risks and Anti-Corruption Strategies in Climate Aid [viewed]

The 'Workshop on Corruption Risks and Anti-Corruption Strategies in Climate Aid – Good Governance towards Integrity, Transparency, and Accountability in Achieving Objectives of Climate Mitigation and Adaptation' will discuss: how to most effectively address corruption; and how anti-corruption efforts can be integrated into measures that achieve good governance in combating climate change, and ensuring transparent, efficient and accountable use of climate finance. This high-level and interactive workshop will present cases drawn from climate aid flows and corruption examples in climate aid in the Philippines. Trainers from the U4 Anti-Corruption Resource Centre, as well as the Asian Development Bank (ADB) and staff from the German Gesellschaft fuer Internationale Zusammenarbeit (GIZ), will facilitate a training workshop. More specifically, the event aims to: develop a common understanding of corruption risks, causes and consequences in climate financial flows and uses, including regarding natural resource management; examine existing and potential anticorruption strategies to mitigate corruption risks in climate financing and in natural resource management; and formulate recommendations for mitigating corruption risk in the climate financing flows at country level, using the Philippines as a case study. The workshop is being organized by ADB, in collaboration with GIZ, the U4 Anti-Corruption Resource Centre, and in partnership with the Government of the Philippines' Office of the Ombudsman.  

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Co-Facilitators Identify 21 SDG Targets for Revision [viewed]

post20157 May 2015: The Co-Facilitators of the intergovernmental negotiation process on the post-2015 development agenda have issued a revised proposal on targets for the Sustainable Development Goals (SDGs). The revised proposal, which addresses 21 targets, under 11 SDGs, is expected to be discussed at the fifth intergovernmental negotiation session, convening on 18-22 May 2015.

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Mediterranean Countries Prepare for COP 21 [viewed]

ufm7 May 2015: In conjunction with the Mediterranean Climate Week, the Union for the Mediterranean (UfM) organized an Informal High-Level Conference on Climate Change. The Conference focused on supporting national and regional efforts to prepare climate change goals, and thus advance progress toward a universal climate change agreement to be adopted at the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France, in December 2015.

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G7, Insurance Industry Collaborate on Climate Resilience [viewed]

G7 Germany7 May 2015: Decision makers from the G7 and developing countries, as well as representatives from the financial industry, academia and civil society came together for a high-level G7 Stakeholder Conference on Climate Risk Insurance, which saw the launch of the G7 Initiative on Climate Risk Insurance. The Conference convened under the theme ‘Reducing risks, insuring losses, increasing resilience,' and included a panel discussion with the participation of UN Environment Programme (UNEP) Executive Director Achim Steiner and the President of the Republic of Kiribati, Anote Tong.

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UNFCCC Reports on Capacity Building [viewed]

UNFCCC5 May 2015: The UNFCCC Secretariat has released a report (FCCC/SBI/2015/4) that synthesizes activities undertaken in support of the framework for capacity-building in developing countries. The document will assist the Subsidiary Body for Implementation (SBI) in its monitoring and evaluation of the framework's implementation and inform discussions at the fourth meeting of the Durban Forum on capacity-building, which will coincide with the 42nd session of SBI in June 2015, in Bonn, Germany.

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GFDRR Calls for Strengthening Disaster Recovery Systems [viewed]

gfdrrMay 2015: The Global Facility for Disaster Reduction and Recovery (GFDRR) has published a report that: documents the challenges and progress made globally in integrating disaster risk reduction (DRR) measures into post-disaster recovery and rehabilitation; and recommends policies for strengthening disaster recovery systems to enable countries to protect their development gains.

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Climate Resilient Infrastructure Summit Identifies Adaptation Solutions for Africa [viewed]

acris29 April 2015: The first Africa Climate Resilient Infrastructure Summit (ACRIS I), hosted by the African Union Commission (AUC), among others, was held under the theme ‘Africa towards resilient infrastructure development.' The event aimed to introduce African Union (AU) member States to practical solutions that can address the effects of climate change on infrastructure, agriculture, food security and other key sectors.

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

The Standing Committee on Finance (SCF), established by the Conference of the Parties (COP) to the UNFCCC, is mandated with improving coherence and coordination in the delivery of climate change financing, rationalizing the financial mechanism, mobilizing financial resources, and measuring, reporting and verifying (MRV) of support provided to developing country parties. After establishing the SCF, the COP requested that it organize a forum for the communication and continued exchange of information among bodies and entities dealing with climate change finance, in order to promote linkages and coherence. The third SCF Forum will focus on issues related to finance for forests and will be held in conjunction with the Fourteenth World Forestry Congress, in partnership with FAO. The SCF has also been addressing coherence and coordination in forests-related financing during its regular Committee meetings.  

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Event: Workshop for the Asia-Pacific and Eastern European Regions on NAMAs [viewed]

The UNFCCC Secretariat is organizing a technical capacity-building workshop for the Asia-Pacific and Eastern European regions on Nationally Appropriate Mitigation Actions (NAMAs) to: facilitate the exchange of best practices and lessons learnt in preparation and implementation of NAMAs by providing a platform to showcase NAMAs and innovative financing options; collaborate with international partners to conduct the workshops and ensure synergy, coherence, cost effectiveness and avoid duplication; provide a platform for networking by bringing experts of developing countries and international organizations/donors together; provide partners from international organizations with an opportunity to better understand capacity building needs of countries in the region so that they can target their technical support to meet specific needs of developing countries; and explore how and by what means the experiences gained in implementation of the Clean Development Mechanism (CDM) standards could be linked with NAMAs. Similar workshops were also held in 2013 and 2014.  

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ADP Co-Chairs Release June Session Scenario Note [viewed]

UNFCCC5 May 2015: The Co-Chairs of the UNFCCC's Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) have released their scenario note for the ninth part of the Group's second session (ADP 2-9), to be held in Bonn, Germany, from 1-11 June 2015. In the note (ADP.2015.3.InformalNote), Co-Chairs Ahmed Djoghlaf and Daniel Reifsnyder describe the objective of the meeting as "constructive negotiations" on the basis of the positions contained in the negotiating text agreed at ADP 2-8 in Geneva, Switzerland, in February 2015.

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