Finance

First IRENA Flagship Series Report Charts Transition to Renewables [viewed]

IRENA8 September 2014: The first edition of a new flagship publication series of the International Renewable Energy Agency (IRENA) argues that a new power system that is based on renewable energy would enhance energy access and security, create jobs and safeguard health and the environment globally. Titled ‘REthinking Energy: Towards a New Power System,' the report argues that new approaches to electricity systems planning and market design, policy frameworks and funding, and training and education are required to "take the energy transformation to the next level."

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GEF CEO Announces Largest-Ever Financing for SIDS [viewed]

GEF4 September 2014: The Global Environment Facility (GEF) Chief Executive Officer (CEO) Naoko Ishii has announced US$256 million in funding for projects on biodiversity, chemicals and wastes, forests and capacity building. The announcement was made on the sidelines of the Third International Conference on Small Island Developing States (SIDS), during which the GEF also showcased its work with SIDS.

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IEA Simulates ETS in Chinese Power Sector [viewed]

IEA2 September 2014: The International Energy Agency (IEA) has published a report, titled ‘Emissions Trading in the People's Republic of China: A Simulation for the Power Sector,' which presents the results of a simulated Emissions Trading Scheme (ETS) for the Chinese power sector that the IEA developed and ran in collaboration with the China Electricity Council (CEC), the China Beijing Environment Exchange (CBEEX) and the Environmental Defense Fund (EDF) to prepare to “gradually develop a carbon trading market” in accordance with China's 12th five-year plan (2011-2015).

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CEM Reports on Public-Private Roundtables [viewed]

Clean Energy Ministerial2 September 2014: The Clean Energy Ministerial (CEM) has released a report from its fifth meeting (CEM5), which identifies efforts needed to address key clean energy challenges. The report summarizes the ideas and recommendations by government and private sector leaders from six clean energy roundtables held during the event.

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Event: 5th Asia Pacific Ministerial Conference on Housing and Urban Development [viewed]

The Asia Pacific Ministerial Conference on Housing and Urban Development (APMCHUD) was established in 2006 to promote sustainable housing and urban development for human settlements in the Asia-Pacific Region. The theme of the 5th APMCHUD is 'Equal Opportunity for Sustainable Development'. Sub-themes will include: inclusive urban planning; upgrading informal settlements; inclusive technology for the delivery of basic services; financing sustainable housing; and urban development for equal opportunity responding to natural and climate change-related disasters.  

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Event: Asia Urban Futures Workshop [viewed]

The US Agency for International Development (USAID), together with UN-HABITAT, the UN Development Programme (UNDP) and UN Global Pulse are co-hosting this workshop under the theme 'Shaping solutions to the challenges of tomorrow for Asia's cities'. The event seeks to bring together diverse stakeholders to discuss some of the major challenges and opportunities facing Asian cities as the result of rapid urbanization and climate change. The workshop will look at scenarios, models and forecasts from experts on Asian cities, as well as examples of state-of-the-art science and technology-based approaches for building urban resilience.  

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Event: VII BRICS Summit [viewed]

The Seventh Summit of the BRICS (Brazil, the Russian Federation, India, China and South Africa) will be held from 9-10 July 2015, in Ufa, the Russian Federation. The host country has signaled it will: ensure the continuity of the group's operation; take into account priorities put forward during the Brazilian presidency of the BRICS; and seek to enrich the group's work with new ideas, and strengthen its role in international affairs and regional issues.  

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Event: Eleventh Meeting of the Carbon Fund (CF11) [viewed]

The Forest Carbon Partnership Facility (FCPF) will organize the 11th Meeting of its Carbon Fund (CF11) in Washington, DC, US. This meeting is open to Carbon Fund Participants only and registration is required prior to 15 September 2014.  

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SIDS Conference Concludes with 297 Partnerships, Adoption of Outcome Document [viewed]

Samoa Partnerships Commitment4 September 2014: The Third International Conference on Small Island Developing States (SIDS) took place from 1-4 September 2014, in Apia, Samoa, on the theme of ‘The Sustainable Development of SIDS Through Genuine and Durable Partnerships.' The Conference produced an outcome document, titled ‘SIDS Accelerated Modalities of Action (SAMOA) Pathway,' which was negotiated during the preparatory process at UN Headquarters in New York, US, and adopted during the closing plenary.

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August 2014 Climate Finance Update [viewed]

idb-adb-wb-cif5 September 2014: During the month of August 2014, the Asian Development Bank (ADB), the Inter-American Development Bank (IDB), and the World Bank reported on various climate finance projects. The Climate Investment Funds (CIF) announced a publication on the ADB's climate finance projects in the Asia-Pacific, and the World Bank highlighted its climate and disaster risk screening policies.

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