Finance

EC Awards €1 Billion to Demonstrate Low-Carbon Technologies [viewed]

European Union8 July 2014: The European Commission (EC) has announced the results of the second call for proposals under the New Entrants' Reserve 300 programme (NER 300), which is funded from the sale of 300 million emission allowances. The EC awarded one billion euro funding to 19 renewable energy projects for demonstration activities. A carbon capture and storage (CCS) project was selected for the first time under the programme.

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FCPF Carbon Fund Selects Three Country Programmes [viewed]

worldbank-fcpfJuly 2014: The 'Chair's Summary' of the tenth meeting of the Forest Carbon Partnership Facility (FCPF) Carbon Fund (C10) has been released, with Duncan Marsh, C10 Chair, highlighting the selection of Chile and Viet Nam into the Carbon Fund pipeline. The Republic of the Congo, which also presented its Emission Reductions Program Idea Note (ER-PIN), was provisionally selected.

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Event: 19th Meeting of the Major Economies Forum [viewed]

Laurent Fabius, Minister of Foreign Affairs and International Development, will co-chair this meeting of the Major Economies Forum on Energy and Climate. The MEF provides a platform for dialogue and political impetus bringing together the main greenhouse gas emitting countries. The 19th meeting will be co-hosted by the United States. Discussions will focus on issues related to the new global climate change agreement which is set to be adopted at the 21st session of the Conference of the Parties to the UNFCCC (COP 21) and 11th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP) to be held in 2015 in Paris. The MEF meeting will be followed immediately by the Petersberg Climate Dialogue, which will gather Ministers from about 35 countries, co-hosted by Germany and Peru, and will serve as a preparatory meeting for COP 20 and CMP 10, which are to take place in Lima, Peru, in December 2014.  

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Event: ICAO Environmental ​Seminars in the APAC Region [viewed]

As part of a series of two environmental seminars held back-to-back in each region of the International Civil Aviation Organization (ICAO), the International Aviation and Environment Seminar will be held from 28-29 October 2014, and the States' Action Plans Seminar will be held from 29-30 October 2014, in Kuala Lumpur, Malaysia, for the Asia and Pacific (APAC) Region. The seminars are supporting ICAO Member States in their efforts to institute climate-friendly aviation. The first seminar, intended for civil aviation, environment, energy, industry, civil society, academia, and National Action Plan (NAP) representatives, as well as the general public, will cover: aviation and environmental outlook, aircraft noise, local air quality, global emissions, sustainable alternative fuels, market-based measures, technology, operations, green airports, States' action plans, assistance to States and financing​. The second seminar is for NAP Focal Points to learn about ICAO Guidance on State Action Plans; the Action Plan Emissions Reduction (APER) website, supporting documents and ICAO tools; assistance for the implementation of the Action Plan; and States' best practices.  

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Event: African Regional Workshop on NAMAs [viewed]

The UNFCCC Secretariat is organizing an African Regional Wokshop on Nationally Appropriate Mitigation Actions (NAMAs) to: facilitate the exchange of best practices and lessons learnt in preparation and implementation of NAMAs by providing a platform to showcase NAMAs and innovative financing options; collaborate with international partners to conduct the workshops and ensure synergy, coherence, cost effectiveness and avoid duplication; provide a platform for networking by bringing experts of developing countries and international organizations/donors together; provide partners from international organizations with an opportunity to better understand capacity building needs of countries in the region so that they can target their technical support to meet specific needs of developing countries; and explore how and by what means the experiences gained in implementation of the Clean Development Mechanism (CDM) standards could be linked with NAMAs.  

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SDSN Launches Deep Decarbonization Pathways Report, South Asia Network [viewed]

unsdsn8 July 2014: The UN Sustainable Development Solutions Network (SDSN) presented its interim report on the Deep Decarbonization Pathways Project (DDPP) to UN Secretary-General Ban Ki-moon. The report, ‘Pathways to Deep Decarbonization,' illustrates options for how major emitting countries can decrease their carbon emissions to achieve a low-carbon economy by 2050.

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European Commission Adopts Green Employment Initiative [viewed]

European Union2 July 2014: The European Commission has adopted a communication on the employment challenges and opportunities of a transition towards the green economy. The communication sets out an integrated framework for employment and labor market policies at the EU and national levels to support this transition.

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GCF Convenes Initial Contributor Meeting [viewed]

Green Climate Fund (GCF)1 July 2014: The first contributor meeting of the Green Climate Fund (GCF) kicked off the initial resource mobilization process aimed at capitalizing the Fund, and discussed policies for contributions through which support can be mobilized. Once the Fund is capitalized, grants and concessional loans will be provided for mitigation and adaptation projects and programmes in developing countries, beginning early 2015.

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G-77/China, Others Hold Side Events at First UNEA [viewed]

unea27 June 2014: The 50th Anniversary of the Group of 77 and China (G-77/China) was commemorated during the first meeting of the UN Environment Assembly (UNEA), which took place in Nairobi, Kenya, from 23-27 June 2014. The commemoration was one of over 40 UNEA side events, which also included discussions on air quality in African cities, sustainable consumption and production (SCP), sound management of chemicals and waste, illegal trade in wildlife, and green and decent jobs.

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Event: Bonn Climate Change Conference October 2014: ADP 2-6 [viewed]

The Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) of the UNFCCC will convene the sixth part of its second session (ADP 2-6) from 20-25 October 2014. The ADP will continue its work along two workstreams, the 2015 agreement and pre-2020 ambition.  

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