Economics, Trade & Investment

OECD's ENVIRONET, WP-STAT Review Use of Rio Markers, Environment-Related ODA Reporting [viewed]

OECD3 June 2014: The Organisation for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC), the Network on Environment and Development Co-operation (ENVIRONET) and the Working Party on Development Finance Statistics (WP-STAT) met to examine progress on improving finance reporting under the Rio Conventions.

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IRENA Launches Renewable Energy Roadmap Toward 2030 [viewed]

IRENA6 June 2014: The International Renewable Energy Agency (IRENA) launched a report outlining what can be done to double the share of renewable energy in the global energy mix by the year 2030, based on studies of renewable energy potential in 26 countries. The report states that this target is cost-effective and within reach, and that achieving it will reduce pollution, alleviate adverse health impacts of fossil fuel use, increase energy security, and create almost one million jobs.

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Ministers Discuss Durban Platform for Enhanced Action at Bonn Climate Change Conference [viewed]

climate-change-bonn-20146 June 2014: Ministers convened for the second day of the high-level ministerial on 6 June, as part of the June session of the UN climate change talks in Bonn, Germany, to discuss the Durban Platform for Enhanced Action. The dialogue provided an opportunity for ministers and other participants to discuss how to advance the implementation of actions with high mitigation potential and build the required confidence and momentum toward contributions under the Durban Platform.

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G7 Declaration Highlights Energy Security, Climate Change, Sustainable Development [viewed]

g7-eu5 June 2014: The Presidents of the European Council and European Commission (EC) have gathered with leaders from Canada, France, Germany, Italy, Japan, the UK and the US for a G7 Summit, during which they discussed issues related to Ukraine and global foreign policy issues, as well as energy, climate, economy and development, among others. The resulting Brussels G7 Summit Declaration addresses each of these issues and affirms the G7's commitment to “the values of freedom and democracy, and their universality and to fostering peace and security.”

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Event: Tenth Meeting of the Carbon Fund (CF10) [viewed]

The Forest Carbon Partnership Facility (FCPF) will consider Emission Reductions Program Idea Notes (ER-PIN) from Cambodia, Chile, Colombia, Guatemala, Indonesia, Madagascar, Mozambique, Peru, Republic of Congo and Viet Nam at the tenth meeting of the Carbon Fund. The meeting will also consider the Emission Reductions Program Document (ER-PD) template as well as the emission reductions buffer maintained by the FCPF.  

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Ministerial Roundtable Addresses Increased Ambition of Kyoto Protocol [viewed]

UNFCCC5 June 2014: For the first time ever, ministers joined the June session of the UN climate change talks. In a roundtable discussion on 5 June, they discussed increased ambition of Kyoto Protocol commitments and stressed the urgency of taking action. The roundtable provided an opportunity for ministers to: take stock of progress made in implementing the second commitment period of the Kyoto Protocol; discuss how to increase ambition in reducing emissions for that period; and address how lessons learned in implementing the Protocol could positively influence mitigation ambition, including under the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP).

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UK Hosts Clean Energy Finance Summit [viewed]

Flag UK4 June 2014: The Clean Energy Finance Summit has held the inaugural meeting of the Global Innovation Lab for Climate Finance, a global public-private platform created to leverage private sector investments in low-carbon, climate-resilient infrastructure in developing countries. The meeting represented an opportunity for the Global Innovation Lab to consider proposals for raising private finance in consultation with experts from pension funds, investment banks and development finance institutions in developed and developing countries.

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CCXG Paper Focuses on Mobilizing Climate Finance [viewed]

OECDMay 2014: The Organisation for Economic Co-operation and Development (OECD)/International Energy Agency (IEA) Climate Change Expert Group (CCXG) has published a paper, titled “Scaling up and Replicating Effective Climate Finance Interventions,” which considers how to mobilize private climate finance through the scale-up and replication of climate finance interventions.

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Montreal Protocol Multilateral Fund Approves over US$2.7 Million for National Projects [viewed]

MultilateralfundMay 2014: The Multilateral Fund for the Implementation of the Montreal Protocol has approved financing for institutional strengthening projects in 18 countries. It also approved hydrochlorofluorocarbon (HCFC) Phase out Management Plan (HPMP) projects in 11 countries. The projects were approved during the 72nd meeting of the Executive Committee of the Multilateral Fund (ExCom).

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LAC Seminar Examines Policy Mixes for Mitigation, Adaptation, Structural Change and Social Cohesion [viewed]

1280784375ECLAC_logo30 May 2014: Government officials from throughout Latin America and the Caribbean (LAC) and international experts gathered at a seminar to discuss policy measures, including tax reforms, that promote climate change mitigation and adaptation while supporting development and social cohesion.

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