Economics, Trade & Investment

UNFCCC COP 21 Adopts Paris Agreement [viewed]

cop21_iisd12 December 2015: On 12 December 2015, in Paris, France, the 21st session of the Conference of the Parties (COP 21) to the UNFCCC adopted the Paris Agreement (FCCC/CP/2015/L.9/Rev.1), a universal, legally-binding agreement to take effect from 2020. Commenting on the new Agreement, COP 21 President Laurent Fabius, Foreign Minister, France, stated, "The Paris Agreement allows each delegation and group of countries to go back home with their heads held high. Our collective effort is worth more than the sum of our individual effort."

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COP 21 Side Events Address African Youth, SDGs, International Mountain Day on Final Day [viewed]

afric_cop2112 December 2015: Following intensive consultations and bilaterals, UNFCCC COP 21 concluded on Saturday, 12 December 2015, with the adoption of the Paris Agreement and associated decision (FCCC/CP/2015/L.9/Rev.1). On 11 December, a number of side events took place on the final official day of COP 21.

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Saint Kitts and Nevis, Venezuela Submit INDCs [viewed]

UNFCCC12 December 2015: The UNFCCC Secretariat has reported that Saint Kitts and Nevis and Venezuela have formally submitted their intended nationally determined contributions (INDCs), bringing the total number of Parties that have made their submissions to 188.

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Special Gala Honors Recipients of Momentum for Change Awards [viewed]

UNFCCC10 December 2015: The recipients of the 2015 UN Climate Solutions Award 'Momentum for Change' were honored during a special ceremony and gala event organized by the UNFCCC Secretariat on the sidelines of the Paris Climate Change Conference. Sixteen initiatives were awarded prizes in the following categories: urban poor, women for results, financing for climate-friendly investment and information and communication technology (ICT) solutions.

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EBRD Analyzes Impacts of Climate Policies on Government Assets and Financial Stability [viewed]

European Bank10 December 2015: The European Bank for Reconstruction and Development (EBRD) has launched a paper, titled 'Government assets: risks and opportunities in a changing climate policy landscape.' The paper was launched at an event held on the sidelines of the Paris Climate Change Conference.

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CCAC Strengthens Efforts to Reduce Short-Lived Climate Pollutants [viewed]

CCAC9 December 2015: The High Level Assembly (HLA) of the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) committed to ambitious action over the next five years to reduce emissions of the short-term climate pollutants (SLCPs) - black carbon, methane and hydrofluorocarbons (HFCs).

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COP 21 Considers Revised Draft Paris Outcome [viewed]

cop21_day1110 December 2015: Negotiations continued on the draft outcome of the Paris Climate Change Conference on Thursday, 10 December, with COP 21 President Laurent Fabius introducing a revised draft text in the evening. Fabius said there are “open options” on the most complex issues of differentiation, finance and ambition, and asked delegates to examine the document with a "new perspective,” keeping the final agreement in mind, suggesting “we are extremely close to the finish line.” Following a second night of negotiations, delegates were told on Friday that the sixth meeting of the Comité de Paris would convene Saturday morning, 12 December, during which a final draft of the proposed Paris Outcome would be presented.

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Guide Offers Green Bonds Toolbox [viewed]

scaling_up_green_bond9 December 2015: The Climate Bonds Initiative and the UN Environment Programme (UNEP) launched a guide for public sector decision makers on scaling up green bond markets for climate change mitigation and other objectives of sustainable development. The guide aims to accelerate the growth of the green bond market to achieve the US$6.2 trillion of annual investment estimated necessary to build the infrastructure of low-carbon economies around the world.

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LPAA Results in Over 70 Major Climate Action Initiatives [viewed]

lpaa9 December 2015: The Lima-Paris Action Agenda (LPAA), which convened on the sidelines of the Paris Climate Change Conference, illustrated the “massive and rising response by cities, regions, business and civil society to take ambitious climate action, frequently in cooperation with national governments,” according to the UNFCCC Secretariat. The LPAA resulted in over 70 major initiatives from nearly 10,000 actors from 180 countries on agriculture, building, business, cities, forests, innovation, private finance, resilience, short-lived climate pollutants, transport and water.

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NEPAD with Partners Launch African Resilient Landscapes Initiative [viewed]

nepad_wb_wri6 December 2015: Launched at the 2015 Global Landscapes Forum in Paris, France, by the African Union New Partnership for Africa's Development (NEPAD), the African Resilient Landscapes Initiative will be implemented in partnership with the World Bank and World Resources Institute (WRI) through forest and ecosystem restoration, biodiversity conservation, climate-smart agriculture, and rangeland management.

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