Economics, Trade & Investment

23rd Session of FAO COFO Supports 'New Agenda for Forests' [viewed]

cofo2325 July 2016: Participants of the 23rd session of the Committee on Forestry (COFO) of the Food and Agriculture Organization of the UN (FAO), which convened in conjunction with the 5th World Forest Week, involved a series of discussions, events and publication launches under the theme, 'Shaping a new agenda for forests.'

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Event: UN Sustainable Stock Exchanges Dialogue [viewed]

The UN organizes the global Sustainable Stock Exchanges (SSE) Global Dialogue every two years as a platform for discussing ways to achieve sustainable capital markets. This half-day event will build on the launch of the Sustainable Development Goals (SDGs), the outcomes of the 21st session of the Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC), and the work of the G20 Green Finance Study Group. Representatives of stock exchanges will discuss ways to contribute to implementation of the SDGs, for example through promoting transparency and encouraging green finance products, such as low-carbon indices and green bonds. The event is held in conjunction with a meeting of the Principles for Responsible Investment (PRI), a UN-supported initiative.  

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Event: Second Green Climate Fund Regional Meeting in the Pacific [viewed]

The second Green Climate Fund (GCF) regional meeting in the Pacific will take place from 1-4 August in Suva, Fiji. The event will be co-hosted by the GCF Secretariat and the Government of Australia and will take place at the headquarters of the Pacific Islands Forum Secretariat. Led by the GCF Board Co-Chairs, the meeting will seek to build Pacific countries' capacity to access GCF funding and to develop country-driven ideas into concrete funding proposals.  

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DCF Addresses Development Financing, Policy Instruments for 2030 Agenda, Paris Agreement [viewed]

ecosoc7022 July 2016: The 2030 Agenda for Sustainable Development and the Paris Agreement on climate change will require “an unprecedented multilateral cooperation,” underlined participants at the UN Economic and Social Council's (ECOSOC) fifth biennial high-level meeting of the Development Cooperation Forum (DCF). During the two-day meeting, representatives from governments, UN agencies, and civil society discussed the role of various types of development financing and related policy changes necessary for the implementation of the 2030 Agenda and other international agreements signed in 2015.

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UNCTAD to Play "Central Role" in Achieving SDGs [viewed]

unctad1425 July 2016: Delegates agreed to give the UN Conference on Trade and Development (UNCTAD) a central role in achieving the Sustainable Development Goals (SDGs), by adopting a framework that will guide UNCTAD's work over the next four years, and that is primarily focused on realizing the 2030 Agenda for Sustainable Development. The 14th session of UNCTAD (UNCTAD 14) resulted in a political declaration and the ‘Nairobi Consensus,' on providing technical assistance to ensure that globalization and trade benefit people in developing countries.

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Energy Initiatives Reduce Emissions, Increase Access to Modern, Efficient Technology [viewed]

Energy Initiatives Reduce Emissions20 July 2016: Announcements from various intergovernmental organizations over recent weeks hold promise for reducing emissions from the energy sector and increasing participation in the energy economy. Whether toolkits guiding decision makers on energy-related issues or technological analysis, the initiatives described below contribute to the implementation of both the Paris Agreement and Sustainable Development Goals (SDGs) 7 (Ensure access to affordable, reliable, sustainable and modern energy for all) and 13 (Take urgent action to combat climate change and its impacts).

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UNEP-IRP Warns Against Rising Natural Resource Use [viewed]

unep_irp20 July 2016: Increasing consumption intensified by a growing middle class has tripled primary materials extraction over the last 40 years, with the richest countries consuming around ten times as much as the poorest countries, according to a report published by the UN Environment Programme (UNEP)-hosted International Resource Panel (IRP).

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Terrestrial Ecosystems Finance Update: GEF Council Approves Work Program and Projects, Forest Finance in Focus [viewed]

terrestial_ecosystem_finance19 July 2016: Over recent months, the Global Environment Facility (GEF) Council and the governing bodies of the Climate Investment Funds (CIFs) met, adopting forest-related initiatives, including some of relevance to reducing emissions from deforestation and forest degradation in developing countries (REDD+). This Update covers these and other meetings related to the financing of activities on terrestrial ecosystems, as well as recent projects and publications in this area.

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EU Gathers Views on New Development Consensus [viewed]

EU-SE4ALL18 July 2016: During a side event of the High-level Political Forum for Sustainable Development (HLPF), EU partners and stakeholders discussed the updating of EU's development policy framework (the European Consensus on Development) to reflect the 2030 Agenda for Sustainable Development.

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National Leaders, Governments Send Mix of Signals on Paris Agreement Implementation [viewed]

Paris Agreement Implementation18 July 2016: As focus turns towards national implementation of the Paris Agreement on climate change, The Elders released a statement calling on governments to act in accordance with the Agreement's vision. The 'Elders Statement on Climate Change' was released in the context of the High-level Political Forum on Sustainable Development (HLPF), which met from 11-20 July 2016, in New York, US, to review national action towards the Sustainable Development Goals (SDGs). A number of recent news items on national climate action have implications for both the Paris Agreement and SDG 13 (Take urgent action to combat climate change and its impacts).

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