Finance

UNFCCC Announces Proposed COP 17 President-Designate [viewed]

24 May 2011: The UNFCCC Secretariat has reported that Maite Nkoana-Mashabane, Minister of International Relations and Cooperation of the Republic of South Africa, will be proposed as President-Designate of the 17th session of the Conference of the Parties (COP 17) and the seventh session of the Conference of the Parties serving as the Meeting of the Parties (COP/MOP 7).

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Small Islands Exchange Lessons on Climate Change, DRR [viewed]

24 May 2011: Opening the conference titled “Lessons for Future Action: Climate Change Adaptation and Disaster Risk Reduction in Small Island States,” Tuilaepa Sailele Malielegaoi, Prime Minister of Samoa, urged participants to share lessons learnt on climate change and disaster risk management, so small island developing States (SIDS) can strategize for a better future in the face of climate change.

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IDB to Build Capacity of Amazon Indigenous Peoples for Climate Change Negotiations [viewed]

23 May 2011: The Inter-American Development Bank (IDB) has approved a $1 million technical cooperation project aimed at building the capacity of indigenous peoples of the Amazon Basin in Latin America to more effectively participate in the consultation processes, negotiations and decision making related to climate change, as well as better manage the impacts of climate change on their communities. 

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EBRD Discussion Panel Addresses Promotion of Green Investments [viewed]

23 May 2011: The European Bank for Reconstruction and Development (EBRD) held a discussion panel titled "Weaving the Magic Carpet: How to Make Climate Finance Flow in the Region," which brought different perspectives on how to integrate climate finance to stimulate investments from the private sector in order to achieve a low-carbon future.

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OECD/IEA Paper Suggests Pathways Forward for MRV [viewed]

May 2011: The Organisation for Economic Co-operation and Development (OECD) and International Energy Agency (IEA) have published a working paper titled “Monitoring and Tracking Long-Term Finance to Support Climate Action,” which discusses and proposes a method for beginning to overcome shortcomings of current monitoring, reporting and verification (MRV) of climate finance under the UNFCCC.

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GEF Marks 20th Anniversary [viewed]

23 May 2011: To mark the 20th anniversary of the Global Environment Facility (GEF), the GEF organized a gala reception on the eve of the 40th meeting of the GEF Council.

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FAO, World Bank Release Forest Governance Framework [viewed]

23 May 2011: The Food and Agriculture Organization of the UN (FAO) and the World Bank's Program on Forests (PROFOR) have released a forest governance guidance framework with applications for developing countries' efforts for REDD+ (reducing emissions from deforestation and forest degradation  in developing countries, as well as conservation, sustainable management of forests and enhancement of carbon stocks), titled "Framework for Assessing and Monitoring Forest Governance."

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ADB Invests in Climate Change Technology Venture Capital Funds [viewed]

23 May 2011: The Asian Development Bank (ADB) is investing $60 million to set up three climate change venture capital funds, primarily engaged in markets in China and India.

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African Forum on Financing for Development Considers Accessing Climate Finance [viewed]

20 May 2011: The African Forum on Financing for Development, organized by the UN Economic Commission for Africa (UNECA) in collaboration with its development partners, focused on reviewing progress, examining key thematic issues relating to development finance in Africa, and proposing the way forward on issues relating to development finance for Africa.

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UNFCCC Publishes Further Documents for SBI 34 [viewed]

20 May 2011: The UNFCCC Secretariat has published several documents in the run up to the 34th session of the UNFCCC Subsidiary Body for Implementation (SBI) on fifth national communications and the proposed programme budget for the biennium 2012-2013.

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