Finance

Event: First Forum of the Standing Committee on Finance [viewed]

The first Forum of the Standing Committee on Finance will take place on 28 May 2013, in Barcelona, Spain. The meeting is expected to address, among other issues: strategic perspectives on climate finance; financing and investment drivers for mitigation activities; and the provision of recommendations and conclusions. Four groups will further discuss: innovative approaches to climate finance; innovative approaches in providing finance for adaptation; the role of local investors in mobilizing climate finance; and tracking climate finance. The meeting is organized upon a request by the 17th session of the Conference of the Parties (COP 17) to the UNFCCCC for the communication and continued exchange of information among bodies and entities dealing with climate change finance in order to promote linkages and coherence.  

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Event: 2013 G20 Leaders Summit [viewed]

The Russian Federation has set as the objective of its 2013 Presidency of the Group of 20 (G20): developing a set of measures aimed at boosting sustainable, inclusive and balanced growth and jobs creation around the world. The G20 will look at eight areas in particular in 2013: framework for strong, sustainable and balanced growth; jobs and employment; international financial architecture reform; strengthening financial regulation; energy sustainability; development for all; enhancing multilateral trade; and fighting corruption. The G20 brings together finance ministers and central bank governors from 19 countries - Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK and the US - plus the EU. The G20 Leaders Summit in September 2013 is preceded by a series of outreach events organized in five streams: think tanks; business; labour; civil society and youth.  

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First SIDS DOCK Pacific Meeting Reviews Progress [viewed]

sidsdock9 May 2013: The first SIDS DOCK Pacific Regional Meeting reviewed the current work of the first phase of the SIDS DOCK Support Programme and discussed its next phase. SIDS DOCK is an initiative developed by small island developing States (SIDS) for SIDS to promote renewable energy, energy efficiency, and contribute towards sustainable development with support from the UN Development Programme (UNDP) and the World Bank.

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UNFCCC Releases Report on GEF Support for Non-Annex I National Communications [viewed]

UNFCCC15 May 2013: The UNFCCC Secretariat has released an information document on financial support provided by the Global Environment Facility (GEF) for the preparation of national communications by non-Annex I Parties (FCCC/SBI/2013/INF.7).

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UNFCCC Releases GEF Report on Support for Biennial Update Reports Preparation [viewed]

GEF UNFCCC15 May 2013: The UNFCCC Secretariat has released a report submitted by the Global Environment Facility (GEF) (FCCC/CP/2013/INF.8) containing information on the resource status approved for non-Annex I Parties to prepare biennial update reports (BUR).

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Adaptation Fund Calls for Comments on Project Proposals [viewed]

Adaptationfund16 May 2013: The Adaptation Fund is calling for public comments on concepts and proposals from seven countries in Africa, Latin America and Asia. The project concepts and proposals will be considered at the 21st meeting of the Adaptation Fund Board (AFB) to be held in Bonn, Germany, from 1-4 July 2013.

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EU Reports It Has Exceeded Fast Start Climate Finance Pledge [viewed]

European Union 14 May 2013: The EU has reported that it has surpassed its fast start finance pledge to developing countries by providing over €7.3 billion (approximately US$9.5 billion) of climate finance.

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UNISDR's DRR Assessment Calls on Private Sector to Reduce Risk [viewed]

UNISDR15 May 2013: The UN Office for Disaster Risk Reduction (UNISDR) has released the third edition of the UN Global Assessment Report on Disaster Risk Reduction (DRR). This edition is subtitled “From Shared Risk to Shared Value: The Business Case for DRR,” and seeks to provide a resource for understanding and analyzing current and future global disaster risk.

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Event: Latin American Forum on Climate Change Adaptation [viewed]

The Latin American Forum on Climate Change Adaptation is organized by the Center for Sustainability Studies (GVces) of the Business Administration School of Getúlio Vargas Foundation in Brazil. Organized in cooperation with the UNFCCC Secretariat, the meeting will take place in São Paulo, Brazil, on 26 June 2013 and will focus on the engagement of the private sector in adapting to climate change.  

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EEA Study Highlights Green Growth Benefits of Environmental Tax Reform [viewed]

EEA14 May 2013: According to a series of studies that the European Environment Agency (EEA) undertook on the potential for fiscal reform in Spain, Italy, Ireland and Portugal - EU countries affected by the current economic crisis - environmental taxes can achieve environmental objectives while raising revenues and they have a "less negative effect on GDP compared to other types of taxes, such as direct taxes."

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