Economics, Trade & Investment

Policy Update #27: Emissions from International Transport (AKA the Elephant in the Climate Change Policy Room) [viewed]

Global aviation and maritime shipping combined produce about 5% of global carbon dioxide (CO2) emissions. This is a sizeable share of global emissions: if these sectors were a country, they would be the seventh largest emitter. Furthermore, both sectors are among the fastest growing sources of emissions at the global level. Their share is projected to rise between 10-32% by 2050. Business as usual in the shipping and aviation industry alone would make unreachable the long-term global goal adopted by Parties to the UNFCCC at their 21st session (COP 21), namely to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels,” let alone the 1.5°C target.

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EU Climate Diplomacy to Focus on Implementation of Paris Agreement [viewed]

ec15 February 2016: EU Foreign Affairs Ministers have adopted conclusions on European climate diplomacy, emphasizing three strands of action for 2016 related to: prioritizing climate change advocacy in diplomatic relations; implementing the Paris Agreement and intended nationally determined contributions (INDCs); and addressing the nexus among climate change, natural resources, prosperity, stability and migration.

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December 2015-February 2016 NAMA Update [viewed]

nama_update14 February 2016: This update provides information about individual nationally appropriate mitigation actions (NAMAs) by developing countries, and related support, publications and events for the period from December 2015 to mid-February 2016. During this period, NAMAs registered as seeking support included ones on rural electrification in the Gambia and efficient use of biomass in Georgia. NAMAs in the Lao People's Democratic Republic (PDR), Vanuatu, Peru, Colombia, Kenya and China received support. Several reports, guides and other publications on NAMAs were also launched during this period.

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Canada, Mexico and US Collaborate on Climate Change and Energy [viewed]

canada_mexico_unitedsates12 February 2016: Canada, Mexico and the US have signed a Memorandum of Understanding (MoU) on Climate Change and Energy Collaboration, which sets out six areas of cooperation and information-sharing among the three countries. The energy ministers of the three countries also launched an online platform for the purpose of providing easy access to relevant North American data from a single website.

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Working Group Makes Progress on Disaster Risk Reduction Indicators [viewed]

UNISDR11 February 2016: Government representatives and disaster risk reduction (DRR) practitioners met to continue work on developing a set of indicators to measure progress in implementing the Sendai Framework for DRR to ensure its goals are being met up to 2030. To assess progress in meeting the goals, countries working to come up with a common understanding of what they are measuring regarding both the scale of the problems faced and the impact of DRR efforts.

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UNISDR Analyzes Human Cost of Disasters in 2015 [viewed]

2015_disasters_numbers11 February 2016: The UN Office for Disaster Risk Reduction (UNISDR), the Catholic University of Louvain Brussels, Belgium, and the United States Agency for International Development (US AID) have released an infographic on disaster trends showing that 2015, which was the hottest year on record, confirmed that weather and climate-related disasters dominate disaster trends linked to natural hazards. Robert Glasser, Head of UNISDR, said the analysis reaffirms the key role of greenhouse gas (GHG) reductions and climate change adaptation for disaster risk reduction (DRR).

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Morocco Advances INDC Targets with Opening of Solar Power Plant [viewed]

morocco4 February 2016: In June 2015, the Government of Morocco submitted its intended nationally determined contribution (INDC) to the UNFCCC, announcing targets of reducing its greenhouse gas (GHG) emissions by 32% by 2030 compared to business-as-usual (BAU) projected emissions and reaching over 50% of installed electricity production capacity from renewable sources by 2025. In a significant step toward these goals, the first phase of the Noor-Ouarzazate concentrated solar power (CSP) plant became operational in February 2016.

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Event: Forest Carbon Partnership Facility PC21 [viewed]

The 21st Meeting of the Participants Committee (PC) of the Forest Carbon Partnership Facility (FCPF) is expected to review country submissions and decide on grant resource allocation. The PC is made up of 14 REDD+ countries and 14 financial contributors, and includes observers representing indigenous peoples, civil society, international organizations and the private sector.  

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Loss and Damage Committee Discusses Implementation Issues, Displacement and Risk Transfer [viewed]

UNFCCC5 February 2016: The second meeting of the Executive Committee (ExCom) of the Warsaw International Mechanism for Loss and Damage (WIM) addressed, among other issues, the implementation of its initial two-year workplan, and initiated work mandated by the 21st session of the Conference of the Parties (COP 21) to the UNFCCC concerning the establishment of: a task force on displacement; and a clearinghouse on insurance and risk transfer.

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Event: CLIMATE CHANCE: A Summit Dedicated to Concrete Action [viewed]

The CLIMATE CHANCE summit will address, inter alia, the link between climate and development, a new framework for the sustainable city, financing climate action, and mobilizing local actors and the younger generation. It will also discuss the topics of adaptation, territorial planning, economy and employment, territorial cooperation, forest, transport and energy. The conference is expected to encourage the sharing experiences and innovations, culminate in a global plan of action, and reiterate the importance of non-state actors in the fight against climate change.  

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