Economics, Trade & Investment

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.

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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.

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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.

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Outlook on Green Finance: Impetus Grows for Carbon Pricing, Clean Energy [viewed]

cp_india_france_ndb25 April 2016: Over the past few days, announcements supporting carbon pricing and clean energy have been made. Ten leaders have issued a joint vision statement laying out the goal of doubling the percentage of global greenhouse gas (GHG) emissions covered by explicit carbon pricing to 25% by 2020, and of doubling it again to achieve 50% coverage within the next decade. In separate news, over 25 countries have pledged to unleash a potential investment flow of up to US$1 trillion into solar assets. And for its part, the New Development Bank has announced it will provide US$811 million in a first round of loans for clean energy projects in Brazil, China, India and South Africa.

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G20 Finance Ministers, Central Bank Governors Call for Scaling Up Climate Financing [viewed]

g20-201615 April 2016: A communiqué issued by the Group of Twenty (G20) Finance Ministers and Central Bank Governors Meeting calls for the Green Climate Fund (GCF) to continue scaling up its operations, and stresses the importance of monitoring and transparency of climate finance. In the communiqué, the ministers and governors also give further guidance to the G20 Green Finance Study Group (GFSG) for its July 2016 report and reaffirm their commitment to rationalizing and phasing out inefficient fossil fuel subsidies.

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High-level Event Highlights Imperative of SDG Implementation [viewed]

View of the opening ceremony of the High-level Thematic Debate on Achieving the Sustainable Development Goals at the chamber of the UN General Assembly21 April 2016: The UN General Assembly (UNGA) held a High-level Thematic Debate on Achieving the Sustainable Development Goals (SDGs), with high-level officials from approximately 136 UN Member States making statements on taking action at the country level, and interactive dialogues addressing ‘financing poverty eradication and sustainable development' and ‘technology and data for SDGs.'

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Development Partners Call for Increased Investment in Hydromet Services [viewed]

gfdrr_wmo19 April 2016: The World Meteorological Organization (WMO) and the World Bank's Global Facility for Disaster Reduction and Recovery (GFDRR) convened a roundtable on 'Strengthening Hydrometeorological Services for Sustainable Development.' The event brought together over 50 high-level representatives of development agencies and weather and hydrological services, who supported improved coordination measures among donors at the national level, including: country-level modernization plans for national meteorological and hydrological services; development partners forums; and better indicator use to assess progress on services.

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Event: First Meeting of UN-REDD Programme Executive Board [viewed]

The new main body of oversight, operational guidance and decision-making for the UN-REDD Programme will consider the proposed multi-year work plan in support of the UN-REDD Programme 2016-2020 Strategic Framework, as well as options for strengthening coordination and complementarity with other global initiatives supporting REDD+ and forest countries.  

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Implementation Update: As Governments Prepare for Paris Agreement Signing Ceremony, Carbon Pricing in the Spotlight [viewed]

paris_agreement_ceremony21 April 2016: In the lead up to the Paris Agreement on climate change Signing Ceremony, various events have added to the growing momentum of what is expected to be one of the largest ever signing events. In the shadow of the announcement by the US National Oceanic and Atmospheric Administration (NOAA) that March 2016 recorded the highest combined global average temperature of any March since 1880, the growing number of countries expected to sign the Paris Agreement on 22 April is also on track to set a record. This Implementation Update summarizes activities by UNFCCC Parties as they focus on mitigating and adapting to these warming trends, especially following the adoption in 2015 of the Paris Agreement and in the context of the Sustainable Development Goals (SDGs). It includes: recent buzz around market mechanisms, carbon pricing and scaling private sector involvement; the growing impetus ahead of the High Level Signing Ceremony; an outlook to the May session of the UNFCCC; good news about European cars; and Fiji's post-disaster recovery efforts.

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SE4All Highlights Investment Needs for SDG 7 Implementation [viewed]

s4all_sweden_zambia20 April 2016: An informal meeting held on the margins of the Financing for Development (FfD) Forum addressed investment in affordable and clean energy needed to achieve Sustainable Development Goal (SDG) 7 (Ensure access to affordable, reliable, sustainable and modern energy for all). Speakers highlighted the relevance of affordable and clean energy to the achievement of other SDGs and new climate change commitments.

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