Economics, Trade & Investment

This section deals with the perceived tension between effective action to slow climate change and maintenance of competitiveness. It also covers investments in climate change mitigation and adaptation activities, and the growing financial architecture responding to the climate change challenge.

UN Secretary-General Visits Nigeria, Discusses 2030 Agenda [viewed]

bankimoon-warsaw24 August 2015: During an official visit to Nigeria, UN Secretary-General Ban Ki-moon discussed ways in which state governors can contribute to implementing the 2030 Agenda for Sustainable Development. He also met with Nigeria's business and philanthropy leaders to address their role in implementing the Sustainable Development Goals (SDGs) and addressing climate change. The visit took place from 23-24 August 2015, in Abuja, Nigeria.

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FCPF, UN-REDD Provide Guidance on Grievance Redress Mechanisms [viewed]

unredd-fcpf17 August 2015: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) and the Forest Carbon Partnership Facility (FCPF) have developed a joint guidance note that proposes an approach to strengthening in-country capacity for grievance resolution activities to be carried out during the readiness phase of projects on reducing emissions from deforestation and forest degradation in developing countries, including the role of conservation, sustainable management of forests and enhancement of forest carbon stocks (REDD+).

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ITTO Highlights Fire Management Approaches, Guide to Carbon Benefits in Forestry Projects [viewed]

IttoAugust 2015: The International Tropical Timber Organization (ITTO) has published its quarterly newsletter, titled 'Tropical Forest Update,' which looks at the development of fire management in tropical forests since the 1980s, including through some of ITTO's fire-related initiatives. The newsletter also presents a new guide for measuring and making use of the carbon benefits generated in forestry projects.

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APP Highlights Africa's Energy and Climate Opportunities [viewed]

app20 August 2015: The Africa Progress Panel (APP) has released its annual flagship publication, the Africa Progress Report (APR) 2015, titled 'Power, People, Planet: Seizing Africa's Energy and Climate Opportunities.' The APP consists of ten distinguished individuals from the private and public sector who advocate for equitable and sustainable development for Africa, and is chaired by Kofi Annan, former UN Secretary-General.

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Brazil, Germany Strengthen Cooperation Ahead of COP 21 [viewed]

germany-brazil20 August 2015: Brazil and Germany have expressed determination to work towards a successful 21st session of the Conference of the Parties (COP 21) to the UNFCCC. In a joint statement issued during Brazilian-German intergovernmental consultations, Brazilian President Dilma Rousseff and German Federal Chancellor Angela Merkel announced the two countries would aim for “a fair, ambitious, long-term, comprehensive and legally binding agreement under the UNFCCC.”

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IMF, USAID to Cooperate on Capacity Development [viewed]

imf_usaid20 August 2015: The US Agency for International Development (USAID) and the International Monetary Fund (IMF) have signed a Memorandum of Understanding (MOU) to enhance their cooperation in capacity development.

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Dominican Republic Submits INDC [viewed]

dominican republic flag18 August 2015: The UNFCCC Secretariat has reported that the Dominican Republic is the 57th Party to formally submit its intended nationally determined contribution (INDC), which announces a conditional greenhouse gas (GHG) emissions reduction target of 25% below 2010 levels by 2030. The INDC is communicated in the context of the country's vision for 2030, as supported by its 2030 National Development Strategy (NDS).

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Event: Latin American and Caribbean Carbon Forum 2015 [viewed]

The 2015 Latin American and Caribbean Carbon Forum (LACCF) will provide a platform for participants to discuss regional options and the enabling policy conditions that would be required to move towards carbon neutral economies in the Latin American and Caribbean (LAC) region, as well as associated challenges. The Forum aims to facilitate discussions, knowledge exchange and experience sharing on: policies and measures; tools and methodologies; and technologies and financial mechanisms, necessary for putting forward and implementing ambitious Intended Nationally Determined Contributions (INDCs) to the global effort of keeping global temperatures below 2 degrees C. The Forum is organized by the UNFCCC Secretariat, the UN Environment Programme (UNEP), the UNEP Riso Centre, the Latin American Energy Organization (OLADE), the International Emissions Trading Association (IETA), the Inter-American Development Bank (IDB), the UN Development Programme (UNDP), the World Bank, and the Development Bank of Latin America (CAF), and hosted by the UN Economic Commission for Latin America and the Caribbean (ECLAC).  

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Event: Conference on Global Leadership in the Arctic: Cooperation, Innovation, Engagement and Resilience (GLACIER) [viewed]

The US Department of State is hosting the Conference on Global Leadership in the Arctic: Cooperation, Innovation, Engagement and Resilience (GLACIER) to highlight the most urgent issues facing the Arctic, as well as innovative approaches at the local, national and international levels to addressing the region's challenges. Foreign ministers and other key stakeholders will gather at the conference to define the most crucial challenges and to raise awareness about climate change impacts in the Arctic. Representatives from Canada, China, Denmark, Finland, France, Germany, Iceland, India, Italy, Japan, the Republic of Korea, the Netherlands, Norway, Poland, the Russian Federation, Singapore, Spain, Sweden, the UK and the EU have been invited to participate in GLACIER, alongside policymakers, indigenous leaders, and public and private sector representatives from Alaska and the Arctic region. US President Barack Obama is expected to address the conference. Along with plenaries, a social media blitz, and outside events leading up to, during and after GLACIER, parallel panel sessions during the conference will address: climate change in the Arctic and beyond; strengthening emergency response; preventing unregulated Arctic high seas fisheries; renewable energy; science cooperation; and household innovations that promote economic efficiency and community health.  

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Democratic Republic of the Congo Submits INDC [viewed]

congo18 August 2015: The UNFCCC Secretariat has reported that the Democratic Republic of the Congo (DRC) is the 56th Party to formally submit its intended nationally determined contribution (INDC), which sets a conditional emissions reduction target of 17% by 2030 compared to a business-as-usual (BAU) scenario. The Party's intended contribution is dependent on adequate support in the form of technology transfer, capacity development and financial resources.

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