Finance

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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UNDP Launches Guidebook on Catalyzing Climate Finance [viewed]

19 May 2011: The UN Development Programme (UNDP) has launched a publication titled "Catalyzing Climate Finance: A Guidebook on Policy and Financing Options to Support Green, Low-emission, Climate-resilient Development," which aims to enable countries to better assess the level and nature of assistance they will require to catalyze climate capital based on their national, regional and local circumstances.

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UNFCCC Releases Agenda for AWG-LCA 14 [viewed]

19 May 11: The UNFCCC Secretariat has released the annotated agenda (FCCC/AWGLCA/2011/5) for the 14th session of the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA 14). The agenda for AWG-LCA 14 was adopted by the AWG-LCA on 8 April 2011, in Bangkok, Thailand. The AWG-LCA will resume its 14th session from 7-17 June 2011, in Bonn, Germany.

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UN-REDD Newsletter Highlights Cross-Regional REDD+ Learning and Exchange [viewed]

UNREDD Newsletter18 May 2011: The May 2011 edition of the UN-REDD Programme Newsletter features an article on Asia Pacific and Latin America cross-regional REDD+ exchange, which highlights that delegates from Viet Nam visited Mexico and Ecuador to learn from those countries' experience of Payment for Environmental Services (PES) and community-led forest management, while Mexico and Ecuador learned from Viet Nam's experience in establishing a national REDD+ Programme.

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World Bank Auctions Adaptation Fund CERs [viewed]

20 May 2011: The World Bank, as Trustee for the Adaptation Fund, has completed an auction of 200,000 tons of certified emission reductions (CER) at Euro 12.52 per ton.

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