Finance

Event: NAP Expo 2015: Realizing the National Adaptation Plan (NAP) Process [viewed]

The NAP Expo 2015 will serve as a platform for: exchanging information on formulating and implementing national adaptation plans (NAPs); providing updates on national adaptation activities; sharing technical knowledge on adaptation assessments and design; learning best practices for addressing climate change vulnerabilities and risks; and connecting countries providing technical and financial support with countries in need. Participating stakeholders from least developed countries (LDCs) and non-LDC developing countries and those from supporting agencies and organizations will be able to take advantage of a variety of special events and training opportunities. The event is being organized by the Least Developed Countries Expert Group (LEG) with the support of the UNFCCC Secretariat, the Adaptation Committee, the global support programmes for NAPs and other partners.  

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Joint Implementation Supervisory Committee Submits Review Recommendations [viewed]

UNFCCC1 April 2015: The Joint Implementation (JI) Supervisory Committee (JISC) has submitted its recommendations on the review of the JI guidelines (FCCC/SBI/2015/5), prepared in accordance with the request from the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its tenth session (CMP 10).

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Event: AfDB Annual Meetings 2015 [viewed]

During its Annual Meetings 2015, the African Development Bank (AfDB) will celebrate its 50th anniversary and elect its next president. The meetings will be held under the theme 'Africa and the New Global Landscape'. The agenda includes, inter alia: the launches of the African Economic Outlook (AEO 2015) and the Africa Ecological Futures Report; discussions on youth leaders, gender equality, Ebola, agribusiness, Africa's Power Challenge, local currency bond markets, stock exchanges, and water, sanitation and hygiene (WASH); high-level events on the anticipated global climate change agreement and financing Africa's development post-2015; and meetings of the Board of Governors.  

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ECOSOC Hosts Integration Segment on Employment and Decent Work [viewed]

ECOSOC1 April 2015: The 2015 Integration Segment of the UN Economic and Social Council (ECOSOC) addressed the theme of 'Achieving sustainable development through employment creation and decent work for all.' Bringing together leaders from the public and private sectors, in dialogue with UN Member States and civil society representatives, the Segment examined policy recommendations for decent work and employment, and how these issues fit in with ongoing discussions on the post-2015 development agenda and other UN processes.

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African Finance Ministers Address FfD, Data Revolution, Climate Change [viewed]

UNECA AU31 March 2015: The Eighth Joint Annual Meetings of the African Union (AU) Specialised Technical Committee of Finance, Monetary Affairs, Economic Planning and Integration, and the UN Economic Commission for Africa (UNECA) Conference of African Ministers of Finance, Planning and Economic Development agreed on a ministerial statement that addresses progress on the Millennium Development Goals (MDGs) and support for the post-2015 development agenda, financing for development (FfD), the data revolution and climate change, among other issues. The meeting convened under the theme, ‘Implementing Agenda 2063: Planning, Mobilizing and Financing for Development.'

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UNEP Global Trends Report: New Solar and Wind Installations Hit Record High in 2014 [viewed]

UNEP31 March 2015: The UN Environment Programme (UNEP) has released the 9th iteration of its 'Global Trends in Renewable Energy Investment' (GTR), reporting that 2014 saw a 17% increase in renewable energy investments over 2013. GTR 2015 also finds that 2014 was the best year on record for newly installed renewables capacity at 103 gigawatts (GW), an amount equivalent to the total capacity of the US's 158 nuclear power plant reactors.

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March 2015 Sustainable Energy Finance Update [viewed]

march_2015_sustainable_rnergyMarch 2015: Sustainable energy finance projects in Albania, Armenia, Chad, China, Georgia, Honduras, Latvia, Morocco, Poland, Romania, Ukraine and the EU were announced by the African Development Bank (AfDB), Asian Development Bank (ADB), Climate Investment Funds (CIF), European Bank for Reconstruction and Development (EBRD), European Commission, European Investment Bank (EIB), Inter-American Development Bank (IDB) and World Bank during the month of March. In addition, the multilateral development banks (MDBs) and World Bank released publications related to sustainable energy finance, and EBRD and the World Bank hosted energy efficiency and renewable energy events.

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March 2015 Climate Finance Update [viewed]

march_climate_finance_201531 March 2015: During the month of March 2015, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Center for International Forestry Research (CIFOR), the European Investment Bank (EIB), the UN Development Programme (UNDP)/World Bank Climate Finance Options (CFO) platform and the World Bank reported on climate finance projects, mechanisms and developments. ADB, EIB, the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Climate Investment Funds (CIF), the UN Environment Programme Finance Initiative (UNEP-FI) and the World Bank released publications and organized events.

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ECO Countries Resolve to Communicate INDCs [viewed]

eco27 March 2015: The Economic Cooperation Organization (ECO) Ministerial Conference on Climate Change, which convened in Safranbolu, Turkey, concluded with the adoption of the 'Safranbolu Declaration on Enhancing Regional pre-COP 21 Ambition on Climate Change,' including a resolution from its ten member States to deliver their intended nationally determined contributions (INDCs) towards a “fair, flexible, durable and inclusive legally-binding post-2020 climate agreement” at the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France, in December 2015.

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European Council Addresses Next Steps for Energy Union [viewed]

European Council19 March 2015: The European Council has confirmed its commitment to the EU's Energy Union at a meeting focused on designing the first steps toward the Union. The Council released its 'Conclusions on the Energy Union,' which call for concrete actions to support the Union and a forward-looking climate policy. The Conclusions also call for coordinated climate diplomacy ahead of the Paris Climate Change Conference in December 2015 and intensified work on financing, technology transfer and capacity building.

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