Finance

CCAFS Analyzes Role of Agriculture in INDCs [viewed]

CGIAR23 November 2015: The Climate Change, Agriculture and Food Security (CCAFS) Research Program of the CGIAR Consortium has released an information note on the role of agriculture in the intended nationally-determined contributions (INDCs) submitted by Parties ahead of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC. The authors show that the majority of Parties prioritize mitigation and adaptation in agriculture resulting in high demand for technical assistance and finance for the agricultural sector.

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APEC Ministers Commit to Implementing UN Goals, Address Energy Intensity [viewed]

apec19 November 2015: Ministers from the Asia-Pacific Economic Cooperation (APEC) countries affirmed their commitment to implementing the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda on financing for development (AAAA) at the close of the 23rd APEC Economic Leaders' Meeting meeting. APEC leaders also adopted the APEC Disaster Risk Reduction (DRR) Framework to facilitate international cooperation cooperation on DRR.

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FoodSECuRE Facility to Build Community Resilience to Climate Change [viewed]

wfp_iriNovember 2015: The Food Security Climate Resilience (FoodSECuRE) Facility, an initiative of the World Food Programme (WFP), aims to secure US$400 million to enable governments to quickly unlock funding to scale up food and nutrition responses as well as disaster risk reduction activities before climate disasters occur. The WFP and its partner, the International Research Institute for Climate and Society (IRI), have launched activities in five countries, with fast-tracked implementation in Zimbabwe and Guatemala to respond to El Niño.

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Paris Climate Change Conference Gathers Over 140 World Leaders on Opening Day [viewed]

cop21_iisdrscoverage30 November 2015: The 21st session of the Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC COP 21) opened with more than 140 Heads of State and Government and other high-level officials delivering statements at a Leaders Event organized by the COP 21/CMP 11 Presidency. Many leaders emphasized the crucial juncture the meeting represents in terms of securing humanity's future. The first plenary session of the 12th part of the second session of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP 2-12) took place the night before, on Sunday evening, 29 November. ADP 2-12 will begin negotiations in spin-off groups on 30 November.

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November 2015 Climate Finance Update [viewed]

november_climate_financeNovember 2015: During the month of November, the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC) and the Green Climate Fund (GCF) reported on new financing, collaborations and other climate finance news. Multilateral Development Banks (MDBs), climate funds and forestry research centers launched studies, think pieces and multimedia content on, inter alia, climate-related disasters, vulnerability in Africa, stranded assets, Adaptation Fund activities and REDD+.

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November 2015 Sustainable Energy Finance Update [viewed]

November 2015 Sustainable Energy1 December 2015: During the month of November, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the French Development Agency (AFD) and the Inter-American Development Bank (IDB), among others, announced sustainable energy project funding and initiatives. AfDB, IDB and Bloomberg New Energy Finance (BNEF) released reports on financing and deploying clean energy. A number of related events took place throughout the month.

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October-November 2015 NAMA Update [viewed]

nama_updateNovember 2015: This update provides information on individual nationally appropriate mitigation actions (NAMAs) by developing countries, including NAMAs seeking support for preparation and implementation, and related support, events and activities, for the period from October to November 2015.

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Commonwealth Members Commit to Ambitious Legally-Binding Climate Agreement [viewed]

commonwealth29 November 2015: The Commonwealth Heads of Government Meeting (CHOGM) adopted a Leaders' Statement on Climate Action in which Commonwealth members reconfirm their commitment to negotiate a legally-binding agreement on climate change at the Paris Climate Change Conference that signals the need for deep emission cuts, promotes low-emission and climate-resilient development pathways and raises mitigation ambition over time.

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Guest Article #133: Delivering Carbon Capture and Storage: a 2°C Solution [viewed]

Over the coming days, world leaders will be meeting in Paris to negotiate a global climate agreement. For the first time in history, business is playing an active role in this transformational journey and is coming to Paris with concrete solutions to help governments in tackling climate change.

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Niue Submits INDC [viewed]

niue25 November 2015: The UNFCCC Secretariat has reported that Niue has formally submitted its intended nationally determined contribution (INDC), bringing the total number of Parties that have made their submissions to 178. The submission expresses Niue's intent to achieve a 38% share of total electricity generation from renewable energy by 2020. Subject to additional international assistance, the country could accomplish 80% renewables by 2025, according to the INDC.

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