Finance

UNFCCC Assesses Options for Market and Non-Market Mechanisms [viewed]

UNFCCC24 November 2014: The UNFCCC Secretariat has published three technical papers on market and non-market mechanisms under the Convention, for consideration by the Subsidiary Body for Scientific and Technological Advice (SBSTA) at its 41st session taking place in Lima, Peru, in December 2014.

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Forest Carbon Markets Value Surpasses US$1 Billion [viewed]

forest-trends24 November 2014: A recently released report, titled 'Turning over a New Leaf: State of Forest Carbon Markets 2014' and published by the Ecosystem Marketplace, reveals that the cumulative value of the forest carbon market has now exceeded US$1 billion thanks to a 17% increase in carbon transactions between 2012 and 2013.

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IRENA Launches REmap 2030 Country Report on China [viewed]

IRENA24 November 2014: The International Renewable Energy Agency (IRENA) has published the first country report in its REmap 2030 series. Focusing on China, the study concludes that the country could expand its renewable energy consumption share of total energy from 13% to 26% by 2030, thus becoming the world's largest renewable energy user.

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UNFCCC Publishes Status of Contributions to Trust Funds [viewed]

UNFCCC24 November 2014: The UNFCCC Secretariat has published a note containing information on the status of receipt of contributions to the UNFCCC trust funds as of 15 November 2014, as well as the status of indicative contributions to the Kyoto Protocol, which is reported separately.

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CIF Governing Body Confirms Funds' Mandate [viewed]

CIF20 November 2014: The semi-annual Climate Investment Funds (CIF) governing body meetings concluded in a unanimous commitment to the CIF mandate in the future in order to ensure continuity of climate finance and action. The meeting also emphasized the need to maintain diversity of financing options, and complementarity and coherence of CIF with other sources of climate finance.

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ICCG Best Climate Practices Winners Announced [viewed]

ICCG11 November 2014: The International Center for Climate Governance (ICCG) has announced the 2014 Best Climate Practices Contest winners. Under this year's theme, ‘Energy Poverty Reduction,' a range of projects was submitted addressing the challenges of climate change and energy poverty. The awards were announced in two categories: the Experts' Choice Award and the Users' Choice Award.

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Samoa Launches Largest-Ever GEF LDC Fund Adaptation Project [viewed]

GEF UNDP7 November 2014: Samoa launched a US$12.3 million project on climate adaptation, the largest national project to be funded under the Least Development Countries Fund (LDCF) of the Global Environment Facility (GEF).

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South East Europe to Improve Provision of Climate Services [viewed]

gfcs24 November 2014: A regional workshop in South East Europe (SEE) discussed pooling knowledge and expertise to improve the provision of user-friendly climate services in order to increase resilience against weather and climate extremes. Attendees included meteorologists, hydrologists, disaster, health, water and agricultural managers, as well as representatives of the World Meteorological Organization (WMO), the World Health Organization (WHO) and the UN Development Programme (UNDP).

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Canada Pledges Funding to GCF [viewed]

CANADA Flag21 November 2014: The Government of Canada has announced it will commit CAD$300 million to the Green Climate Fund (GCF). The announcement was made ahead of the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, to be held in Lima, Peru, in December 2014, and just after the first GCF pledging conference, which took place in Berlin, Germany, on 20 November 2014.

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Event: Aplicación del Marco de Evaluación de Opciones en México: Hacia la Construcción de Mecanismos de Distribución de Beneficios [viewed]

This webinar, convened by the Program on Forests (PROFOR) and Mexico's National Forestry Commission (CONAFOR), will provide an opportunity for participants to learn more about the benefit sharing mechanisms developed for Mexico's REDD+ programme. The event will introduce the evaluation of the institutional, legal and financial setting for benefit sharing as well as the resulting suggestions for a best practice benefit sharing mechanism. The event will be held in Spanish.  

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