Economics, Trade & Investment

Member States Negotiate FfD Forum Outcome [viewed]

FfD13 April 2016: UN Member States have continued negotiations on the conclusions and recommendations of the upcoming UN Economic and Social Council (ECOSOC) Forum on Financing for Development Follow-up (FfD Forum). A draft outcome, which was circulated on 7 April 2016, is the subject of ongoing consultations. Jean-Francis Regis Zinsou, Permanent Representative of Benin, and Vladimir Drobnjak, Permanent Representative of Croatia, are co-facilitating the consultations.

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Event: High-level Forum: The Africa We Want in 2030, 2063 and Beyond [viewed]

The Office of the Special Adviser on Africa (OSAA), the Government of Sweden and the African Union Commission (AUC) are organizing a High-level Forum on ‘Early Action and Results on the 2030 Agenda for Sustainable Development'. The Forum will bring together high-level speakers and participants to focus on the synergies and complementarity of Agenda 2063 and the 2030 Agenda for Sustainable Development. It will address three themes: towards transformative economic growth and regional integration in Africa, including sustainable and decent work for youth (SDGs 8 and 9); empowering African Women and gender (SDG 5); and consolidating peace and security in Africa (SDG 16). The event will take place during the week of the High-level Ceremony of the Paris Agreement and the UN General Assembly's High-level Thematic Debate on Achieving the SDGs.  

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Adaptation and Loss and Damage Update: Adaptation Committee and LDC Expert Group Begin Work under Paris Mandate, Climate Change Adaptation, DRR and Sustainable Development Interlinkages Come to the Fore [viewed]

unfccc_unu_undp_une-_wcmc9 April 2016: Alongside the long-term goal of limiting temperature increase to well below 2°C above pre-industrial levels by 2100, the Paris Agreement on climate change includes a long-term adaptation goal, namely that of "enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change, with a view to contributing to sustainable development and ensuring an adequate adaptation response in the context of the temperature goal." Furthermore, the vast majority of national climate plans submitted in advance of Paris (or Intended Nationally Determined Contributions (INDCs)) included descriptions of countries' adaptation goals, priorities, actions and needs. This Adaptation Update is the first in a series that aims to track the implementation of the adaptation component of these INDCs, and progress towards the long-term adaptation goal of the Paris Agreement. The activities reported in this Update also contribute to the implementation of the Sustainable Development Goals (SDGs), especially SDG 13 (Take urgent action to combat climate change and its impacts), as well as SDG 1 (End poverty in all its forms everywhere), SDG 5 (Achieve gender equality and empower all women and girls) and SDG 10 (Reduce inequality within and among countries).

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World Bank and GFDRR, UN-Habitat and UfM to Collaborate on Sustainable Urban Development [viewed]

world_bank_new8 April 2016: Two partnerships related to resilient urban development have been recently been unveiled. The World Bank Group and the Global Facility for Disaster Risk Reduction (GFDRR) have announced a partnership that will strengthen building regulation for disaster resilience in vulnerable countries, by improving implementation and compliance through the 'Building Regulation for Resilience: Managing Risks for Safer Cities' program. For their part, UN-Habitat and the Union for the Mediterranean (UfM) have agreed to cooperate on actions aimed at achieving socially and environmentally sustainable urban development in the Mediterranean region. These developments will help achieve Sustainable Development Goal 11 (Make cities and human settlements inclusive, safe, resilient and sustainable).

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BASIC Countries Discuss Paris Agreement Implementation [viewed]

brazil_southafrica_india_china7 April 2016: At the conclusion of their 22nd Meeting on Climate Change, Ministers from Brazil, South Africa, India and China (BASIC countries) issued a joint statement, pledging to sign the Paris Agreement on 22 April 2016 during the High-Level Signature Ceremony convened by the UN Secretary-General and to initiate domestic processes for ratification, acceptance or approval as soon as possible.

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African Ministers Call for Integrated Monitoring of SDGs, Agenda 2063 [viewed]

UNECA AU5 April 2016: African ministers reaffirmed the importance of aligning Africa's Agenda 2063 and the Sustainable Development Goals (SDGs), including in national development plans, at the Ninth Joint Annual African Union (AU) and UN Economic Commission for Africa (UNECA) Conference of Ministers of Finance, Planning and Economic Development. The meeting adopted 17 resolutions that support Africa's implementation of the SDGs.

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Asia-Pacific Adopts Plan for Financing 2030 Agenda, GCF Offers Support [viewed]

UNESCAP31 March 2016: Delegates at a UN regional dialogue on Financing for Development (FfD) agreed on follow-up steps towards implementing the 2030 Agenda for Sustainable Development, including plans to nurture capital markets and establish a regional forum on tax cooperation in the Asia-Pacific region. At the meeting, the Green Climate Fund (GCF) urged countries to submit innovative project proposals on responding to climate challenges, for possible financing.

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Event: Signature Ceremony of the Paris Climate Agreement: High-Level Luncheon [viewed]

On the occasion of the signing ceremony of the Paris Agreement on climate change, UN Secretary-General Ban Ki-moon will host a high-level luncheon bringing together governments, business, investors, civil society and the UN to signal support for translating the agreement into action. It will focus on the scale and pace of the market transformation required to achieve a safer, healthier and more prosperous future. The luncheon is being organized with support from the UN Global Compact, and is open to UN Global Compact company representatives at the chief executive level.  

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March 2016 Climate Finance Update: Fund Boards Meet, Carbon Markets Under the Spotlight [viewed]

march2016_climate_finance7 April 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).

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Policy Update #31: Monthly Forecast: April 2016 [viewed]

As the international sustainable development community begins the fourth month of the “2016 Year of Implementation,” a number of events will demonstrate how various entities are approaching the implementation of the three key outcomes from the “2015 Year of Decision”: the Addis Ababa Action Agenda (AAAA), the 2030 Agenda for Sustainable Development, and the Paris Agreement on climate change.

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