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.

Adaptation and Loss and Damage Update: Urban Resilience, DRR Enter the Limelight; Potentially Irreversible Harm Exposed [viewed]

adaptation_loss_damage 4 May 2016: The first target under Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts) is to strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. Much of the news on adaptation and loss and damage coming out of the month of April contributed to the implementation of this target, including projects promoting climate resilience in urban and rural settings, and resilience in the field of agriculture.

read more »

UNEP Releases 2015 Annual Report [viewed]

UNEPMay 2016: The UN Environment Programme's (UNEP) annual report for 2015 provides examples of partnerships and global outlooks deemed critical for implementing the Paris Agreement on climate change and the 2030 Agenda for Sustainable Development, including its Sustainable Development Goals (SDGs).

read more »

Sustainable Energy Finance Update: Public Finance Leverages Private Flows to Renewables [viewed]

energy_finance1 May 2016: Universal access to affordable, reliable, sustainable and modern energy, the

seventh of the Sustainable Development Goals (SDGs) agreed last year, starts with access to finance. Looking at the sustainable energy finance news coming out of April, a number of initiatives went beyond simply funding projects. They also built the capacity of developing country governments and companies to develop energy efficiency, energy access and renewables projects that will qualify for finance. Similarly, many of the finance flows were intended to make projects more attractive to private sector investments, compounding the impact of public funds.

read more »

CSOs Make Recommendations for HLPF, Reflect on National Reviews, Climate Synergies, Wetlands, FfD Forum [viewed]

Sustainable Development Goals (SDGs)3 May 2016: A group of NGOs made recommendations for the High-Level Political Forum on Sustainable Development (HLPF) and a multi-level review system. Other recent contributions from civil society organizations and researchers include: the results of Together 2030's Perceptions Survey; a brief on the synergies between development goals and climate action; a report on wetlands and the Sustainable Development Goals (SDGs); and a critique of the inaugural UN Economic and Social Council (ECOSOC) Forum on Financing for Development (FfD) follow-up (FfD Forum).

read more »

Mitigation Update: Saudi Arabia Adopts Vision 2030; Transport Goes Emissions-Free [viewed]

mitigation_update28 April 2016: Recent news offers a glimpse of what the world might look like beyond fossil fuels. Saudi Arabia has announced a new strategy for its economy that aims at diversifying away from hydrocarbons, France is planning to set a price floor for carbon emissions, and emissions-free aviation is looking closer to reality. Transport on the ground is also going emissions-free in various parts of Europe.

read more »

April 2016 Climate Finance Update: Key Meetings Mobilize Action, Adaptation Put under the Spotlight [viewed]

climate_finance_april_20161 May 2016: In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway towards low greenhouse gas (GHG) emissions and climate-resilient development.” Developing countries will receive financial resources for both mitigation and adaptation actions, while developed countries are expected to continue to lead in mobilizing climate finance from a variety of sources, with public funds playing a significant role in reaching the previously agreed US$100 billion annual target by 2020. Monthly IIDS RS Climate Finance Updates aim to help track multilateral financing to support the finance goal agreed under the UNFCCC, which will in turn contribute to the implementation of Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts).

read more »

FAO, Mountain Partnership to Launch Mountain Funding Facility [viewed]

fao_mountain27 April 2016: The Food and Agriculture Organization (FAO) and the Mountain Partnership Secretariat announced plans to launch a Mountain Facility, or funding mechanism, to address the increasing threat of hunger in mountain regions in developing countries.

read more »

ECLAC Caribbean Committee Highlights National Ownership, Coordination for 2030 Agenda [viewed]

1280784375ECLAC_logo22 April 2016: Senior government officials shared their perspectives on sustainable development priorities in the Caribbean, during the 26th session of the Caribbean Development and Cooperation Committee (CDCC), a subsidiary body of the UN Economic Commission for Latin America and the Caribbean (ECLAC). Among other priorities, participants stressed national ownership and integrated planning, and suggested addressing debt management through a Caribbean Resilience Fund.

read more »

IYP 2016 Events Promote Pulses as “Climate-Smart” Food of the Future [viewed]

icp_fao20 April 2016: Two events organized as part of the International Year of Pulses (IYP 2016) have called for increased efforts to scale up global production of pulses, such as beans, chickpeas, and lentils, due to their multiple benefits as nutrient-dense, soil improving and “climate-smart” crops. The International Conference on Pulses for Health, Nutrition and Sustainable Agriculture in Drylands (ICP 2016) took place from 18-20 April in Rabat, Morocco, while the Food and Agriculture Organization of the UN (FAO) hosted a seminar in Rome, Italy addressing the links between pulses and soils (the focus of international efforts in 2015), on 19 April 2016.

read more »

Major Economies Forum Considers Paris Agreement Implementation [viewed]

major_economies_forum24 April 2016: Two days after 175 Parties to the UNFCCC signed the Paris Agreement, the Major Economies Forum on Climate and Energy (MEF) met in New York, US, and contemplated how to continue the momentum ushered in by the adoption of the Agreement by the 21st session of the Conference of the Parties to the UNFCCC (COP 21). The 24 April meeting was the first time the MEF, which includes the world's largest emitters, convened since the Agreement was adopted in December 2015.

read more »