Finance

Mayors Commit to Climate Action Ahead of Paris Conference [viewed]

iclei11 April 2015: The ICLEI World Congress 2015, the triennial sustainability summit of local and subnational governments worldwide, led to a number of climate announcements intended to increase local climate action. The Congress brought together over 3000 participants, including over 100 mayors from around the world, and boasted the largest number of participants at a Congress to date, with many others attending virtually via a live stream.

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Adaptation Fund Board Streamlines Small Entities' Accreditation [viewed]

Adaptation Fund10 April 2015: At its 25th meeting, the Adaptation Fund Board (AFB), inter alia, approved financing for climate adaptation projects in India, Jordan and Morocco, introduced a streamlined accreditation process for small entities and accredited two new implementing entities.

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Event: Annual Commonwealth and Francophonie Dialogue with the G20 [viewed]

During the 2015 Annual Commonwealth and Francophonie Dialogue with the Group of 20 (G20), representatives will discuss: development priorities and actions during Turkey's 2015 G20 Presidency; inputs from Commonwealth and Francophonie developing countries on their development priorities and how the G20 could address them; delivering inclusive global value chains; domestic revenue mobilization and Base Erosion Profit Shifting; and maximizing the flow and reducing the costs of remittances. The Dialogue will be convened by the Secretariat of the Commonwealth, Secretariat of La Francophonie, and Turkey, as G20 President and Chair of the G20 Development Working Group (DWG).  

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UNFCCC Compiles Overlaps and Duplication in Draft Climate Agreement [viewed]

UNFCCC9 April 2015: The UNFCCC Secretariat has released an informal note (FCCC/ADP/2015/1) presenting a table of the overlaps and duplication in the negotiating text that will serve as the basis for negotiations on a 2015 global climate change agreement. The Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) agreed to the negotiating text at the eighth part of its second session (ADP 2-8) in February 2015. The ADP will continue its work based on the text when it meets again in June 2015.

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Structured Expert Dialogue on 2013-2015 Review: Last Session's Report Released [viewed]

UNFCCC7 April 2015: The UNFCCC Secretariat has published the report on the fourth and last session of the structured expert dialogue (SED) on the 2013-2015 review. The 2013–2015 review is carried out by the Conference of the Parties (COP) with assistance from the Subsidiary Body for Scientific and Technological Advice (SBSTA) and the Subsidiary Body for Implementation (SBI), which established a joint contact group. The COP established the SED in 2012 to support the work of the joint contact group and ensure the scientific integrity of the review through a focused exchange of views, information and ideas.

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Carbon Forum Asia Fosters Collaboration on Market-Based Measures [viewed]

carbon_forum_asia27 March 2015: The International Emissions Trading Association (IETA) and Koelnmesse organized the inaugural Carbon Forum Asia (CFA) Workshop, bringing together actors from the entire carbon and energy market value chain to discuss trends in carbon pricing, the upcoming 21st session of the Conference of the Parties (COP 21) to the UNFCCC and developments in climate finance. The two-day CFA 2015 Workshop focused on the Asian experience in implementing market-based solutions to reducing carbon pollution.

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Event: 15th Meeting of Partners (MoP) of the Congo Basin Forest Partnership (CBFP) [viewed]

Convening under the theme, ‘Congo Basin Ecosystems: a source of natural capital, producer of economic value and driver of green growth for the well being of its people,' this meeting of partners will consider priority actions for the Congo Basin Forest Partnership (CBFP), develop roadmaps for implementation, and discuss partner engagement. Main issues for discussion will include: ecosystem services, wildlife and bushmeat, law enforcement and governance, REDD+, green growth, and sustainable financing.  

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Event: Inaugural Caribbean Region Dialogue with the G20 [viewed]

The Group of 20 (G20) Development Working Group (DWG) will hold, for the first time, a regional dialogue with Caribbean countries on issues of mutual interest, including: G20 priorities and action during Turkey's 2015 Presidency with reflections and suggestions from a Caribbean perspective, especially as relates to development challenges in the Caribbean region; challenges and opportunities in developing the Caribbean Blue Economy; and strengthening resource mobilization for development and domestic mobilization in the Caribbean region in particular. The Central Bank of Trinidad and Tobago and Turkey, as G20 President and Chair of the DWG, are hosting the Caribbean Region Dialogue.  

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Event: G20 Development Working Group Meeting [viewed]

The Group of 20 (G20) Development Working Group (DWG) will hold its second meeting of 2015 in support of the Turkish Presidency's priority of "buttressing sustainability". The Turkish Presidency of the G20 is placing development at the center of its 2015 agenda for the G20. The DWG was established in 2010 under the Korean Presidency of the G20 and is responsible for implementing the G20 Development Agenda and reporting progress to the Sherpas. Under its pillar of buttressing sustainability, the Turkish Presidency is also focusing on climate change finance and energy.  

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Development Finance Institutions Work on Principles for Tracking Climate Finance [viewed]

world_bank_idfc3 April 2015: Over two dozen development finance institutions are working on common sets of principles that each will use for tracking climate finance. The first set for tracking mitigation finance has been agreed and similar principles for tracking adaptation finance and the ability to leverage finance will follow later this year. Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change, said that common methodologies will help “build trust that climate finance is flowing.”

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