Finance

ACP Countries Set to Adopt Climate Action Plan [viewed]

ACP logo23 March 2016: Following a two-day special meeting on the outcomes of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, the Sub-Committee on Sustainable Development of the African, Caribbean and Pacific (ACP) Group of States agreed on a draft Action Plan for the ACP 79 members for the 2016-2020 period, aiming to strengthen the global climate response in the context of sustainable development and poverty reduction efforts.

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CSW 60 Adopts Conclusions Linking Gender Equality, SDGs [viewed]

csw6024 March 2016: The 60th session of the Commission on the Status of Women (CSW 60) produced a set of Agreed Conclusions that highlight the economic, education, health and humanitarian needs of women and girls, underscoring the relationship between these needs and achievement of the 2030 Agenda for Sustainable Development. The meeting also agreed on the importance of a gender-responsive approach to the 2030 Agenda and its Sustainable Development Goals (SDGs), calling to end violence against women and girls in order to achieve the Goals.

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UNEP Reports World Record in Renewable Energy Investments [viewed]

global_trends_rei24 March 2016: A UN Environment Programme (UNEP) report, titled 'Global Trends in Renewable Energy Investment 2016' (GTR), finds that global investments in renewables in 2015 hit a new record high at US$286 billion and that, for the first time, investments in renewables in developing countries topped those of developed countries.

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Stakeholders Invited to Contribute to UNGA Debate on Achieving SDGs and Paris Agreement [viewed]

Sustainable Development Goals (SDGs)24 March 2016: The UN is collecting input from stakeholders on implementation of the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change, ahead of a UN General Assembly (UNGA) High-Level Thematic Debate on achieving the Sustainable Development Goals (SDGs).

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Event: 2016 UNEP FI Global Roundtable and Annual General Meeting [viewed]

The 2016 UN Environment Programme Finance Initiative (UNEP FI) Global Roundtable and Annual General Meeting will be hosted by the Ministry of Climate Change and Environment of the United Arab Emirates (UAE), with support from the UAE Central Bank. The events will bring together finance stakeholders from various sectors, including government, civil society and the UN, to discuss the role of the global financial sector in addressing the sustainable development and climate change agendas. Topics to be addressed during the two-day Global Roundtable, linked to select sustainable development goals (SDGs), include: climate change mitigation and decarbonizing finance (SDG 13); resilient and sustainable cities and communities (SDG 11); clean energy and water (SDGs 6 and 7); and financing small and medium-sized enterprises (SDG 8). Plenary sessions are planned on: green islamic finance; policy and regulatory frameworks for a sustainable financial system; and sustainable finance innovations.  

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Event: Global Green Growth Week 2016 [viewed]

Global Green Growth Week 2016 (GGGW2016), which will meet under the theme 'Maximizing Impact for Inclusive and Sustainable Green Growth,' will provide a platform to generate innovative solutions, leverage green growth opportunities and promote the delivery of pro-poor, inclusive, and environmentally sustainable growth. The event, which is being organized by the Global Green Growth Institute (GGGI), will address four thematic priorities for inclusive, sustainable green growth: energy, water, land use and green cities. The event will bring together representatives from government, multilateral development banks (MDBs), international development agencies, the private sector, academia and non-governmental organizations. Participants will look at green growth policy, research, partnerships, financing and technology through policy dialogues, panel discussions, capacity-building workshops, country-focused briefings and technology exhibits. GGGW2016 will include: the Global Green Growth Summit, which will address the challenges of developing bankable projects and innovative green finance; the 4th Annual Conference of the Green Growth Knowledge Platform, which will highlight the latest research and policy considerations affecting pro-poor inclusive growth; the Asian Regional Policy Dialogue, during which ministers will discuss policy options that address the challenge of transitioning away from coal use and toward green growth powered by renewable energy; the Inclusive Green Growth Partnership, which will strengthen cooperation to increase green investment in developing countries; the launch of the GGGI-New Climate Economy (NCE) Africa Initiative and the regional launch of the 2016 NCE report, which will support African policymakers navigate the development-climate change nexus; the Green Growth Fair and Technology Exhibit; country focus sessions showcasing more than 30 GGGI projects; the 9th session of the GGGI Council and the 5th session of the GGGI Assembly; and site visits to showcase Jeju Island's renewable energy and green growth projects.  

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IEA Confirms Decoupling of CO2 Emissions, Economic Growth in 2015 [viewed]

IEA16 March 2016: For the second year in a row, global energy-related carbon dioxide (CO2) emissions registered no growth, according to the International Energy Agency (IEA), while global gross domestic product (GDP) continued to grow. Releasing preliminary data for 2015, the IEA reported that CO2 emissions amounted to 32.1 billion tonnes in 2015 and have remained flat since 2013. The IEA pointed to a surge in renewables as a key factor, noting they accounted for 90% of new electricity generation in 2015.

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Executive Board Considers CDM's Future under Paris Agreement [viewed]

UNFCCC11 March 2016: At its 88th meeting, the Executive Board of the Clean Development Mechanism (CDM) elected Eduardo Calvo, Peru, as Chair and Frank Wolke, Germany, as Vice-Chair, for 2016. In addition, the Board set in motion the CDM's "evolving role" in international climate action, taking up a request from the 11th session of the Conference of the Parties to the UNFCCC serving as the Meeting of the Parties to the Kyoto Protocol (CMP 11) in December 2015 to analyze options to use the CDM for other uses.

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US, Canada Commit to Partner on Climate, Energy and the Arctic [viewed]

us_canada10 March 2016: During an official visit to the US, Canadian Prime Minister Justin Trudeau and US President Barack Obama released a US-Canada Joint Statement on Climate, Energy and Arctic Leadership, pledging to sign the Paris Agreement as soon as possible. The two leaders commit to advance climate action globally, outlining coordinated domestic climate action, and announce cooperation on clean energy and the Arctic.

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G20 Finance Ministers Cooperate on Taxation, Infrastructure Investment, and Green Finance [viewed]

unep_g2027 February 2016: The Group of 20 (G20) Finance Ministers and Central Bank Governors concluded a two-day meeting in Shanghai, China, pledging to enhance economic resilience, promote infrastructure investment, cooperate on tax matters and develop options for mobilizing private capital for green investment.

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