Finance

UNFCCC Releases Report on Work Programme on Loss and Damage [viewed]

9 November 2011: The UNFCCC Secretariat has published a report (FCCC/SBI/2011/INF.13), which synthesizes the views and information submitted by parties and relevant organizations on various thematic areas to be addressed in the implementation of the work programme on loss and damage.

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CDM Executive Board Calls for Input on 65th Meeting Agenda [viewed]

8 November 2011: The Executive Board of the Clean Development Mechanism (CDM) has launched a call for public input on issues included in the annotated agenda of its 65th meeting, including its annexes.

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EBRD Joins Global Gas Flaring Reduction Partnership [viewed]

8 November 2011: The European Bank for Reconstruction and Development (EBRD) has joined the World Bank and partners in the Global Gas Flaring Reduction partnership (GGFR) to evaluate the reasons why governments in Azerbaijan, Kazakhstan, the Russian Federation and Turkmenistan are not utilizing associated gas.

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UN-HABITAT and Partners Support Climate Resilience of Coastal Sri Lankan Cities [viewed]

4 November 2011: The UN Human Settlements Programme (UN-HABITAT), in collaboration with the Norwegian Institute for Water Research (NIVA), the University of Moratuwa, the Batticaloa Municipal Council (BMC) and the Negombo Municipal Council (NMC), has launched a project titled "Climate Resilient Action Plans for Coastal Urban Areas, Sri Lanka (CCSL)" aimed at enhancing the resilience to climate change of coastal Sri Lankan cities through disaster risk management.

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EIB Funds Climate Change Adaptation and Biogas Investments in the UK [viewed]

3 November 2011: The European Investment Bank (EIB) approved a GBP 400 million loan to the UK's United Utilities for climate change and energy efficient water management.

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UNDP Bulletin Highlights AusAID Support to Pacific Islands Adaptation Initiatives [viewed]

UNDP30 October 2011: The UN Development Programme (UNDP) has released the seventh issue of its Climate Change Adaptation Bulletin, which reports on the announcement by the Government of Australia to contribute Aus$7.35 million to finance the Pacific Adaptation to Climate Change (PACC) Initiative, implemented by the Secretariat of the Pacific Regional Environment Programme (SPREP).

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UN Secretary-General Calls for Launch of Green Climate Fund in Durban [viewed]

Ban Ki-moon, UN Secretary General8 November 2011: In a speech delivered to a “Friends on Climate Change” group breakfast, UN Secretary-General Ban Ki-moon outlined his expectations ahead of the 17th session of the Conference of the Parties (COP 17) to the UNFCCC in Durban, South Africa, at the end of the year, stressing the need for Durban to "at least" complete what was agreed in Cancun.

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EU Finance Ministers Adopt Conclusions on Fast-start Climate Finance [viewed]

8 November 2011: EU Finance Ministers meeting in Brussels, Belgium, on 8 November 2011, adopted conclusions on climate finance. They stressed the importance of fast-start finance for the swift implementation of the Cancun Agreements and endorsed the final report on finance provided by the EU and its member States to be presented at the Climate Change Conference in Durban, South Africa, at the end of 2011.

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EBRD and GGRF to Combat Gas Flaring in the Russian Federation and Central Asia [viewed]

8 November 2011: The European Bank for Reconstruction and Development (EBRD) and the World Bank-led Global Gas Flaring Reduction partnership (GGFR) will help governments in Azerbaijan, Kazakhstan, the Russian Federation and Turkmenistan introduce energy efficiency measures and environmental standards in oil and gas operations.

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G20 Cannes Summit Calls for Fossil Fuel Subsidy Phase-out and Successful Climate Negotiations [viewed]

G204 November 2011: The Group of 20 (G20) Leader's Summit in Cannes concluded with the adoption of a declaration that addresses energy markets, green growth, and climate change, among other issues. Leaders called for rationalizing and phasing-out perverse fossil fuel subsidies, and reiterated their committment to a successful outcome at the upcoming 17th session of the Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change (UNFCCC), scheduled to take place in Durban, South Africa, at the end of the year.

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