Finance

UNFCCC Reports on REDD+ Information Hub Expert Meeting [viewed]

UNFCCC14 October 2014: The UNFCCC Secretariat has published the report of an expert meeting held to discuss the information hub to be created for activities related to REDD+ (FCCC/SBI/2014/INF.13). According to the report, meeting participants concluded that a significant degree of flexibility for adjustments should be built into the hub. The experts noted that parties may wish to revise the hub as experience tracking results is gained or to link it with other information systems that may be created under the UNFCCC.

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COP 20 Presidency Meets Informally with Lead ADP Negotiators [viewed]

cop20-unfccc3 October 2014: With the aim of providing an additional space for negotiations, the Government of Peru convened government representatives from close to 40 countries for an Informal Meeting to discuss issues on the agenda of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP). The meeting considered issues related to pre-2020 ambition, intended nationally determined contributions (INDCs), and the 2015 agreement.

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EUROCLIMA Seminar Prepares for Lima [viewed]

Euroclima3 October 2014: The ‘IV Seminario EUROCLIMA' brought together more than 60 participants from Latin American countries, regional organizations from the EU and Latin America, and Spanish Government entities to discuss different aspects of the regional cooperation programme on climate change between the EU and Latin America.

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Report Examines Liability of Oil and Gas Companies for Climate Change [viewed]

october2014.ccpa9 October 2014: The Canadian Centre for Policy Alternatives (CCPA), an independent policy research organization, has published a study titled ‘Payback Time? What the Internationalization of Climate Litigation Could Mean for Canadian Oil and Gas Companies.' The report finds that oil and gas companies could be liable for billions of dollars in damages for their contribution to climate change.

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World Summit of Regions Issues Paris Declaration on Climate Action [viewed]

r2013 October 2014: The first World Summit of Regions for Climate brought together over 1,000 representatives of cities, regions, provinces, states, universities and businesses to address climate change, and resulted in a joint declaration calling for commitment to concrete actions on the road to the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, when a new climate deal is expected to be agreed.

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Second Committee Hears Proposals on Streamlining Agenda [viewed]

unga699 October 2014: The UN General Assembly's Second Committee (Economic and Financial) held a discussion on its working methods, in keeping with the mandate set out in UNGA resolution 68/307 on the revitalization of the Assembly.

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IEA Calls for Strengthening Energy Efficiency Market [viewed]

IEA8 October 2014: A market report by the International Energy Agency (IEA) confirms the role of energy efficiency as the “first fuel,” with the global energy efficiency market currently worth US$310 billion or more. Emphasizing the role of energy efficiency in climate change mitigation efforts, the report stresses that while it is becoming an established market segment, efforts to strengthen financing for energy efficiency should be strengthened. The report also finds significant potential for energy efficiency in emerging economies, in particular in the transport sector.

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ECPA Reports on Sustainable Energy Activities in LAC [viewed]

ECPA logo8 October 2014: The Energy and Climate Partnership of the Americas (ECPA) has reported on events and a project focusing on energy efficiency at national, sub-regional and regional levels, as well as on the future of energy in the Latin America and the Caribbean (LAC) region.

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Liberia and Norway Partner to Halt Deforestation [viewed]

liberia-norway23 September 2014: Following the New York Declaration on Forests agreed to at Climate Summit 2014, Liberia and Norway announced a six-year US$150 million partnership to end deforestation in Liberia by 2020.

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Event: UNECE Sustainable Energy Week [viewed]

The UN Economic Commission for Europe (UNECE) is organizing Sustainable Energy Week under the theme 'Energy for Sustainable Development: Trends and Milestones'. The three primary events of the week are the meetings of: the Group of Experts on Energy Efficiency (GEEE) on 17-18 November 2014; the Group of Experts on Renewable Energy (GERE) on 18-19 November; and the 23rd session of the Committee on Sustainable Energy (CSE), from 19-21 November. Among other agenda items, GEEE will: discuss and approve its draft work plan; consider such cross-cutting issues as sustainable housing, smart cities, industry and renewable energy; and hear the outcomes of the 5th International Forum: Energy for Development. GERE will, inter alia: discuss renewable energy best-practices; address renewable energy finance and investment; consider how a competitive market environment for renewables can be created; and approve a draft work plan. Highlights from the CSE session agenda include a high-level segment on 'Energy for Sustainable Development: Must Reality Conflict with Ambition?', a discussion on accelerating energy efficiency uptake, and a discussion on how renewables can optimize energy systems. A workshop on the UN Framework Classification for Fossil Energy and Mineral Reserves and Resources 2009 (UNFC-2009) classification of renewable energies will also take place during the Week.  

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