Finance

Policy Update #31: Monthly Forecast: April 2016 [viewed]

As the international sustainable development community begins the fourth month of the “2016 Year of Implementation,” a number of events will demonstrate how various entities are approaching the implementation of the three key outcomes from the “2015 Year of Decision”: the Addis Ababa Action Agenda (AAAA), the 2030 Agenda for Sustainable Development, and the Paris Agreement on climate change.

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Implementation Update: Palestine Joins UNFCCC, China, EU, India, US Announce Climate Actions [viewed]

UNFCCC2 April 2016: Parties to the UNFCCC are making major announcements related to the Paris Agreement and its objectives. The actions described in this Update are also important for implementing the Sustainable Development Goals (SDGs), especially SDG 13 (Take urgent action to combat climate change and its impacts). A number news items reported here will also advance SDG 7, especially Target 7.2 to "increase substantially the share of renewable energy in the global energy mix."

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Sustainable Energy Finance Update: Majority of 2015 Renewables Investment Went to Developing Countries [viewed]

energy_finance_review20151 April 2016: When governments adopted the Sustainable Development Goals (SDGs) in September of last year, they agreed to a goal of ensuring access to affordable, reliable, sustainable and modern energy for all (SDG 7) by 2030. In a separate Goal, SDG 17, they set out targets for the means of implementation (MOI) necessary for achieving the SDGs. As the focus shifts from "the year of decisions" to "the year of implementation," the MOI necessary for achieving SDG 7, as well as the other Goals, are receiving greater attention. This update examines recent news related to finance MOI, with a view to identifying what governments and intergovernmental actors are doing to mobilize renewable energy, energy efficiency and energy access finance.

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Global Methane Forum, Related Events Explore Methane Abatement Strategies [viewed]

global_methane_forum1 April 2016: The Global Methane Initiative (GMI) and the Climate and Clean Air Coalition (CCAC) of the UN Environment Programme (UNEP) co-hosted the Global Methane Forum, which focused on international methane reduction, highlighting methane reduction technologies, policies and opportunities, and addressing finance issues. The Forum was directly followed by the CCAC second annual Science Policy Dialogue on Short-Lived Climate Pollutants (SLCPs), the CCAC Municipal Solid Waste Initiative Workshop and the CCAC Working Group Meeting.

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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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