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.

Monaco Submits INDC [viewed]

monaco29 July 2015: The UNFCCC Secretariat has announced that Monaco is the 50th Party to formally submit its intended nationally determined contribution (INDC), which sets out a greenhouse gas (GHG) emissions reduction target of 50% below 1990 levels by 2030. The INDC is communicated in the context of Monaco's previously announced goals of reducing emissions 30% by 2020 and 80% by 2050.

read more »

UNEP, UN-REDD Programme Address Bank and Investor Risk Policies on Soft Commodities [viewed]

banking_on_redd29 July 2015: The UN Environment Programme (UNEP) has released a report, titled 'Bank and Investor Risk Policies for Soft Commodities,' along with an accompanying Soft Commodities Forest-risk Assessment Tool addressing deforestation and forest degradation risk in the agricultural value chain. A UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) information brief, titled 'Banking on REDD+: Can Bank and Investor Risk Policies on Soft Commodities Benefit REDD+?' was produced in parallel.

read more »

UNISDR to Develop Disaster Risk Management Standards for Hotels in Asia and Pacific [viewed]

UNISDRS29 July 2015: The UN Office for Disaster Risk Reduction (UNISDR) has announced a plan to develop and pilot disaster risk management standards for the hotel industry in Asia and the Pacific, where 80% of the world's disaster events take place.

read more »

Pacific Islands, Partners to Strengthen Weather and Climate Services [viewed]

wmo-sprep25 July 2015: The Third Pacific Meteorological Council (PMC-3), which met under the theme 'Sustainable Weather and Climate Services for a Resilient Pacific,' brought together over 100 Pacific Meteorological Directors, partners and stakeholders to discuss how to strengthen meteorology in the Pacific. The meeting, which convened from 20-23 July 2015, in Nuku'alofa, Tonga, preceded the first Pacific Ministers Meeting on Meteorology (PMMM) on 24 July.

read more »

ITTO Releases 2014 Annual Report [viewed]

IttoJuly 2015: The International Tropical Timber Organization (ITTO) has published its annual report, highlighting progress achieved in 2014 through field projects, policy work and research. The publication summarizes the adoption of the Voluntary Guidelines for the Sustainable Management of Natural Tropical Forest, the release of the 'Rewarding the Service Providers' policy brief, and the organization of the International Forum on Payments for Environmental Services of Tropical Forests, among other activities.

read more »

Montreal Protocol Inches Closer to Negotiations on HFC Phase-down [viewed]

iisdrs-oewg3624 July 2015: The 36th meeting of the Open-Ended Working Group (OEWG 36) of the parties to the Montreal Protocol on Substances that Deplete the Ozone Layer (MP) devoted most of its time to addressing hydrofluorocarbons (HFCs), a group of greenhouse gases (GHG) widely used in the refrigeration, air conditioning, foam and aerosol sector as a substitute for ozone-depleting substances (ODS).

read more »

CIFOR Reports: Mangroves Essential for Mitigating Climate Change [viewed]

CIFOR28 July 2015: Scientists from the Center for International Forestry Research (CIFOR) and its partners have determined that Indonesia could significantly reduce global greenhouse gas (GHG) emissions by halting the practice of clearing mangroves, which emits 190 million tons of carbon dioxide equivalent (CO2-eq) each year. Their findings, which highlight mangroves as globally-significant carbon sinks, are published in the journal Nature Climate Change.

read more »

White House Launches American Business Act on Climate Pledge [viewed]

USA Flag27 July 2015: The White House has launched the American Business Act on Climate Pledge, supported by 13 of the largest American companies whose pledges represent more than US$1.3 trillion in revenue in 2014 and a combined market capitalization of at least US$2.5 trillion.

read more »

UNISDR Spearheads Training for Local Governments on Sendai Framework for DRR [viewed]

UNISDRS24 July 2015: The UN Office for Disaster Risk Reduction (UNISDR) has begun training programmes for local governments, focusing on developing strategies based on action priorities outlined in the Sendai Framework for Disaster Risk Reduction (DRR), agreed in March 2015, which emphasizes the role of local governments in achieving DRR and a reduction in the loss of lives, livelihoods and health over the next 15 years.

read more »

European Environment Ministers Discuss SDGs, Climate Finance [viewed]

European Council23 July 2015: During an informal Council of Environment Ministers, European Ministers agreed that the proposed Sustainable Development Goals (SDGs) to be adopted at the UN summit for the adoption of the post-2015 development agenda are a challenge and an opportunity leading towards more sustainable, equitable and coherent policy making at the international and European level. The UN summit is to take place in September 2015, in New York, US.

read more »