Economics, Trade & Investment

FAO Issues Summary Report on Economics of Climate Change Mitigation Options in the Forest Sector [viewed]

fao_headquartersDecember 2015: The Food and Agriculture Organization of the UN (FAO) has issued a publication containing key messages from the February 2015 International Online Conference on the 'Economics of Climate Change Mitigation Options in the Forest Sector.' The report addresses afforestation and reforestation, reduced deforestation and degradation, changing forest management practices, wood energy, green building and sustainable packaging.

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Paris Climate Change Conference Opens with Financial Pledges at Leaders Event [viewed]

iisdrs_cop2130 November 2015: Heads of State and Government attending the Leaders Event on the first day of the 21st session of the Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC COP 21) addressed, inter alia: the inclusion of gender for ensuring climate justice; the importance of differentiation; the legal form of the agreement; the periodicity of the review process; transparency and accountability rules; whether or not to anchor loss and damage in a permanent mechanism; the role of natural capital accounting; the link between climate change and development; balancing mitigation and adaptation finance; technology transfer in providing mitigation support; and the need to address the degradation of forests, desertification, and biodiversity loss.

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Donors Pledge US$248 Million to LDC Fund [viewed]

Global Environment Facility (GEF)30 November 2015: At the opening of the Paris Climate Change Conference, eleven donor countries made pledges totaling US$248 million to the Least Developed Countries Fund (LDCF) of the Global Environment Facility (GEF) to continue financing actions to reduce vulnerability in Least Developed Countries (LDCs) and enable climate-resilient sustainable development and livelihoods.

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UNFCCC Report Identifies Ways to Realize Mitigation Potential [viewed]

UNFCCC30 November 2015: The UNFCCC has published a report outlining policies, initiatives and actions that could be scaled up and replicated by countries to realize significant mitigation potential in the pre-2020 period. Together, the report, titled ‘Climate Action Now: Summary for Policymakers 2015,' and a dedicated website, Climate Action 2020, aim to highlight the potential for greater climate action and ambition before 2020.

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MDBs Issue Joint Statement on Increasing Climate Investments [viewed]

mdb30 November 2015: The heads of the multilateral development banks (MDBs) released a joint statement to work together to increase climate investments and to “consider climate change across our strategies, programs, and operations to deliver more sustainable results, with a particular focus on the poor and most vulnerable.” The MDBs released their statement on the sidelines of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC.

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Fossil-Fuel Subsidy Reform Communiqué Presented to UNFCCC [viewed]

UNFCCC30 November 2015: At the opening of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, New Zealand's Prime Minster John Key presented the Fossil-Fuel Subsidy Reform Communiqué to UNFCCC Executive Secretary Christina Figueres. The Communiqué, which calls on the international community to increase efforts to phase out subsidies for fossil fuel production and use, was endorsed by 40 governments and more than 100 businesses and international organizations.

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REDD+ Academy Launches E-Course and Learning Journals [viewed]

unredd25 November 2015: The UN-REDD Programme has announced the launch of the first online version of its Academy courses and accompanying Learning Journals on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (REDD+).

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APEC Ministers Commit to Implementing UN Goals, Address Energy Intensity [viewed]

apec19 November 2015: Ministers from the Asia-Pacific Economic Cooperation (APEC) countries affirmed their commitment to implementing the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda on financing for development (AAAA) at the close of the 23rd APEC Economic Leaders' Meeting meeting. APEC leaders also adopted the APEC Disaster Risk Reduction (DRR) Framework to facilitate international cooperation cooperation on DRR.

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UNEP Publishes REDD+ Implementation Manual for National Legal Practitioners [viewed]

redd_implementationNovember 2015: Developed by the UN Environment Programme (UNEP) in cooperation with UN-REDD, the implementation manual on reducing emissions from deforestation and forest degradation, and promoting the conservation, sustainable management of forests, and enhancement of forest carbon stocks (REDD+) aims to provide legal practitioners in REDD+ countries, particularly partner countries of the UN-REDD Programme, with information on assessing national legal frameworks and associated gaps as well as suggestions on options to address key REDD+ legal issues.

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November 2015 Climate Finance Update [viewed]

november_climate_financeNovember 2015: During the month of November, the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC) and the Green Climate Fund (GCF) reported on new financing, collaborations and other climate finance news. Multilateral Development Banks (MDBs), climate funds and forestry research centers launched studies, think pieces and multimedia content on, inter alia, climate-related disasters, vulnerability in Africa, stranded assets, Adaptation Fund activities and REDD+.

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