Economics, Trade & Investment

Event: PAGE High-level Policy Dialogue [viewed]

The Partnership for Action on Green Economy (PAGE) will hold a High-level Policy Dialogue, with a focus on job creation and social inclusion, in the context of climate change and resource scarcity. The context for this discussion is the International Labour Organization's (ILO) Future of Work Initiative, and the recently adopted ILO Guidelines for a Just Transition. The Dialogue is expected to contribute to the identification of policy instruments and practical tools to help countries at all levels of development manage the transition to low-carbon and climate-resilient economies, in line with their Nationally Determined Contributions (NDCs) and the Sustainable Development Goals (SDGs). The Dialogue will inaugurate PAGE's second global Academy on the Green Economy, from 3-15 October.  

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Event: World Green Economy Summit (WGES) 2016 [viewed]

The third annual World Green Economy Summit (WGES) will focus on the theme, 'Driving the Global Green Economy'. The WGES is an initiative by the Dubai Electricity & Water Authority and is held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President Prime Minister of UAE and The Ruler of Dubai and the Dubai Supreme Council of Energy, in cooperation with World Climate Ltd and WETEX. The UN Development Programme (UNDP) and International Renewable Energy Agency (IRENA) are institutional partners for WGES 2016. The programme will incorporate plenary sessions, breakout sessions and a expert-led presentations, addressing topics including: Green Finance; Solar Energy; Transforming cities through happy citizens; Post Paris Agreement on climate change / Road to UNFCCC COP22 in Marrakech; Thought Leadership for the Green Economy; and Public Private Partnerships.  

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Adaptation and Loss and Damage Update: Heat-Related Deaths to Increase, Children and the Poor Most Climate Vulnerable [viewed]

adaptation and loss update8 August 2016: As reports of new temperature extremes exceeding the 50°C mark continue to come in, further climate change-related concerns have been voiced by the UN community. The UN Office for Disaster Risk Reduction (UNISDR) has expressed concern over a potential rise in deaths precipitated by heat. The UN Children's Fund (UNICEF) and the World Bank have cautioned that children and the world's poor are among those disproportionately affected by climate change. The Food and Agriculture Organization of the UN (FAO), the UN Economic Commission for Latin America and the Caribbean (ECLAC) and others have emphasized climate change impacts on food security. On the policy side, the Adaptation Committee (AC) and the Least Developed Countries (LDC) Expert Group (LEG) have issued a call for submissions from Parties and stakeholders on their Paris mandates.

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Mitigation Update: Cities Intensify Climate Action; IMO, ICAO Take Steps to Enable Mitigation Policies [viewed]

cdp_unfccc_imo_icao_mrv4 August 2016: The year 2015 has been confirmed as the hottest on record since at least the mid-to-late 1800s, according to the American Meteorological Society (AMS). The 'State of the Climate in 2015' report published in the Bulletin of the AMS notes the combined effect of long-term global warming and a very strong El Niño effect, and reports record-high sea levels, upper ocean heat content, global sea surface temperatures, global surface temperatures, and major greenhouse gas (GHG) concentrations.

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COP 22 Provisional Agendas Released [viewed]

UNFCCC3 August 2016: From 7-18 November 2016, in Marrakesh, Morocco, the Conference of the Parties to the UNFCCC (COP) will convene for the first time since it adopted the Paris Agreement in December 2015. In addition to the 22nd session of the COP (COP 22), the 12th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP 12), the 45th sessions of the Subsidiary Body for Scientific and Technological Advice (SBSTA 45) and of the Subsidiary Body for Implementation (SBI 45), as well as the second part of the first session of the Ad Hoc Working Group on the Paris Agreement (APA 1-2) will take place during the Marrakesh Climate Change Conference. The UNFCCC Secretariat has recently released the provisional agendas for all five of these meetings.

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Sustainable Energy Finance Update: MDBs Boost African, Asian Energy Access and Building, Lighting Efficiency [viewed]

sustainable_energy_update1 August 2016: During the month of July, the International Energy Agency (IEA) released data demonstrating the growing market share of renewable energy, which has reached 13.8% of the world's primary energy supply and nearly a quarter of electricity production. Over the course of July, significant public investments in energy access, renewable energy and energy efficiency were announced, with financing for energy access largely focused on Asia and Africa, while renewable energy investments tended to be in Europe. The energy efficiency initiatives announced focused on the building and lighting sectors in a variety of countries.

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Multilateral Initiatives Advance Renewable Energy, Efficiency in the Caribbean, Asia [viewed]

cbd_ifc_irena_iea_unido28 July 2016: A number of capacity-building projects, including workshops and a new center in Asia, have been announced and are geared toward helping developing countries adopt and standardize energy efficiency measures and expand the reach of renewable energy. Recently published reports also have the potential to serve as resources for several countries as they move toward a cleaner energy future. These initiatives, as emphasized by their sponsors, are important for achieving the climate objectives in the Paris Agreement and the Sustainable Development Goal 7 (SDG) related to clean energy and energy access.

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Kigali Declaration Increases Forest Landscape Restoration Commitments in Africa [viewed]

rwanda_eac_iucn27 July 2016: Thirteen African country representatives and stakeholders participating in the 'Africa High Level Bonn Challenge Roundtable' adopted the 'Kigali Declaration on Forest Landscape Restoration in Africa,' which reaffirms and increases commitments to the Bonn Challenge, an initiative aiming to restore 150 million hectares of the world's deforested and degraded lands by 2020 and 350 million hectares by 2030 through forest landscape restoration (FLR) activities.

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July 2016 Climate Finance Update: Meetings Call for Access, Mobilization, Scaling Up [viewed]

july2016_finance1 August 2016: During the month of July, a number of high-level meetings highlighted the need for enhanced focus on climate finance. Resilience and disaster recovery projects in Asia and Africa received new financing. Climate funds launched calls for readiness and private sector support projects, and a number of entities reported on lessons learned from climate finance in agriculture, forests, gender mainstreaming and regional resilience investment planning.

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G20 Finance Ministers Recognize Role of Green Investment for Sustainable Growth [viewed]

g20-201625 July 2016: The Group of 20 (G20) Finance Ministers and Central Bank Governors' July meeting addressed green and climate finance. During the meeting, the G20 Green Finance Study Group (GFSG) and Climate Finance Study Group (CFSG) presented their reports. In their final communiqué, the Ministers and Governors recognize the need to scale up green financing and express interest in promoting voluntary principles for green finance.

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