Finance

COP 21 Starts Substantive Negotiations [viewed]

cop21_1dec_iisdrs1 December 2015: Governments began substantive negotiations on the second day of the Paris Climate Change Conference. The Rio Conventions Pavilion and Africa Pavilion, among other organizers of side events, also convened panels on the themes of UNFCCC COP 21.

read more »

LPAA Forest Event Features Commitments to Protect and Restore Forests [viewed]

lpaa1 December 2015: A special event on forests, held as part of the Paris Climate Change Conference and under the Lima-Paris Action Agenda (LPAA), showcased partnerships, commitments and implementation strategies to protect and restore forests, and endorsed them as a key climate solution. The LPAA is a joint undertaking of the Peruvian and French Presidencies of the Conference of the Parties (COP) to the UNFCCC, the Office of the UN Secretary-General and the UNFCCC Secretariat.

read more »

LPAA Agriculture Event Showcases Initiatives on Soils, Livestock, Food Waste and Production [viewed]

lpaa1 December 2015: A half-day event on agriculture took place under the Lima-Paris Action Agenda (LPAA) and as part of the Paris Climate Change Conference, presenting six cooperative initiatives to drive the growth of climate-resilient, productive and low-emissions agriculture. As the UNFCCC notes, agriculture is one of the sectors most seriously affected by extreme climate, but it also accounts for 24% of the greenhouse gas (GHG) emissions that cause climate change.

read more »

Carbon Pricing Leadership Coalition Launched [viewed]

cpl30 November 2015: Governments, businesses and NGOs launched the Carbon Pricing Leadership Coalition on the sidelines of the Paris Climate Change Conference to support the expansion of effective carbon pricing, successful carbon pricing policy development and the use of carbon pricing in business.

read more »

Initiatives Announced to Double Clean Energy Research and Development [viewed]

cop2130 November 2015: Twenty major economies launched an initiative to double their investments in clean energy research and development (R&D), while a group of private major investors announced a coalition pledged to invest in early-stage development of technology coming out of the aforementioned initiative. Both were formally announced at the opening of the Paris Climate Change Conference.

read more »

IEA Releases India Energy Outlook [viewed]

IEA27 November 2015: India is poised to demand more new energy over the next 25 years than any other country, according to a World Energy Outlook (WEO) Special Report by the International Energy Agency (IEA). The report, titled ‘India Energy Outlook,' finds that 600 million new electricity consumers will be added in the country by 2040, requiring more than US$140 billion in energy supply and energy efficiency investments annually.

read more »

Paris Climate Change Conference Opens with Financial Pledges at Leaders Event [viewed]

iisdrs_cop2130 November 2015: Heads of State and Government attending the Leaders Event on the first day of the 21st session of the Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC COP 21) addressed, inter alia: the inclusion of gender for ensuring climate justice; the importance of differentiation; the legal form of the agreement; the periodicity of the review process; transparency and accountability rules; whether or not to anchor loss and damage in a permanent mechanism; the role of natural capital accounting; the link between climate change and development; balancing mitigation and adaptation finance; technology transfer in providing mitigation support; and the need to address the degradation of forests, desertification, and biodiversity loss.

read more »

Donors Pledge US$248 Million to LDC Fund [viewed]

Global Environment Facility (GEF)30 November 2015: At the opening of the Paris Climate Change Conference, eleven donor countries made pledges totaling US$248 million to the Least Developed Countries Fund (LDCF) of the Global Environment Facility (GEF) to continue financing actions to reduce vulnerability in Least Developed Countries (LDCs) and enable climate-resilient sustainable development and livelihoods.

read more »

UNFCCC Report Identifies Ways to Realize Mitigation Potential [viewed]

UNFCCC30 November 2015: The UNFCCC has published a report outlining policies, initiatives and actions that could be scaled up and replicated by countries to realize significant mitigation potential in the pre-2020 period. Together, the report, titled ‘Climate Action Now: Summary for Policymakers 2015,' and a dedicated website, Climate Action 2020, aim to highlight the potential for greater climate action and ambition before 2020.

read more »

MDBs Issue Joint Statement on Increasing Climate Investments [viewed]

mdb30 November 2015: The heads of the multilateral development banks (MDBs) released a joint statement to work together to increase climate investments and to “consider climate change across our strategies, programs, and operations to deliver more sustainable results, with a particular focus on the poor and most vulnerable.” The MDBs released their statement on the sidelines of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC.

read more »