Economics, Trade & Investment

Adaptation Fund Board Streamlines Small Entities' Accreditation [viewed]

Adaptation Fund10 April 2015: At its 25th meeting, the Adaptation Fund Board (AFB), inter alia, approved financing for climate adaptation projects in India, Jordan and Morocco, introduced a streamlined accreditation process for small entities and accredited two new implementing entities.

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Event: Annual Commonwealth and Francophonie Dialogue with the G20 [viewed]

During the 2015 Annual Commonwealth and Francophonie Dialogue with the Group of 20 (G20), representatives will discuss: development priorities and actions during Turkey's 2015 G20 Presidency; inputs from Commonwealth and Francophonie developing countries on their development priorities and how the G20 could address them; delivering inclusive global value chains; domestic revenue mobilization and Base Erosion Profit Shifting; and maximizing the flow and reducing the costs of remittances. The Dialogue will be convened by the Secretariat of the Commonwealth, Secretariat of La Francophonie, and Turkey, as G20 President and Chair of the G20 Development Working Group (DWG).  

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Structured Expert Dialogue on 2013-2015 Review: Last Session's Report Released [viewed]

UNFCCC7 April 2015: The UNFCCC Secretariat has published the report on the fourth and last session of the structured expert dialogue (SED) on the 2013-2015 review. The 2013–2015 review is carried out by the Conference of the Parties (COP) with assistance from the Subsidiary Body for Scientific and Technological Advice (SBSTA) and the Subsidiary Body for Implementation (SBI), which established a joint contact group. The COP established the SED in 2012 to support the work of the joint contact group and ensure the scientific integrity of the review through a focused exchange of views, information and ideas.

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Carbon Forum Asia Fosters Collaboration on Market-Based Measures [viewed]

carbon_forum_asia27 March 2015: The International Emissions Trading Association (IETA) and Koelnmesse organized the inaugural Carbon Forum Asia (CFA) Workshop, bringing together actors from the entire carbon and energy market value chain to discuss trends in carbon pricing, the upcoming 21st session of the Conference of the Parties (COP 21) to the UNFCCC and developments in climate finance. The two-day CFA 2015 Workshop focused on the Asian experience in implementing market-based solutions to reducing carbon pollution.

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Event: Inaugural Caribbean Region Dialogue with the G20 [viewed]

The Group of 20 (G20) Development Working Group (DWG) will hold, for the first time, a regional dialogue with Caribbean countries on issues of mutual interest, including: G20 priorities and action during Turkey's 2015 Presidency with reflections and suggestions from a Caribbean perspective, especially as relates to development challenges in the Caribbean region; challenges and opportunities in developing the Caribbean Blue Economy; and strengthening resource mobilization for development and domestic mobilization in the Caribbean region in particular. The Central Bank of Trinidad and Tobago and Turkey, as G20 President and Chair of the DWG, are hosting the Caribbean Region Dialogue.  

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Event: Carbon Sequestration Leadership Forum and Sixth Ministerial Meeting [viewed]

The sixth Ministerial Meeting of the Carbon Sequestration Leadership Forum (CSLF) will provide policy and technical direction to the organization. The Ministerial is the highest decision-making body of the Forum, which is an international climate change initiative focused on developing cost-effective technologies for the separation and capture of carbon dioxide (CO2) for its transport and long-term safe storage. The initiative focuses on breaking down technical, economic and environmental barriers to improving CO2 capture and sequestration (CCS) technologies. It further promotes awareness and champions legal, regulatory, financial and institutional environments conducive to such technologies.  

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Event: G20 Development Working Group Meeting [viewed]

The Group of 20 (G20) Development Working Group (DWG) will hold its second meeting of 2015 in support of the Turkish Presidency's priority of "buttressing sustainability". The Turkish Presidency of the G20 is placing development at the center of its 2015 agenda for the G20. The DWG was established in 2010 under the Korean Presidency of the G20 and is responsible for implementing the G20 Development Agenda and reporting progress to the Sherpas. Under its pillar of buttressing sustainability, the Turkish Presidency is also focusing on climate change finance and energy.  

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Event: Climate Summit of the Americas [viewed]

The Government of Ontario is hosting a Climate Summit of the Americas to: develop and deliver a common statement on commitments by subnational governments to reduce greenhouse gas (GHG) emissions; develop a vision agreed by government, business and environmental leaders for climate action through GHG reductions and low-carbon market mechanisms, including broader adoption of carbon pricing; identify opportunities for collaboration that will result in reduced emissions; and facilitate continued dialogue and strengthen cooperation among subnational pan-American governments leading up to the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France. Representatives from pan-American jurisdictions, environmental groups and industry are expected to attend the Summit.  

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Development Finance Institutions Work on Principles for Tracking Climate Finance [viewed]

world_bank_idfc3 April 2015: Over two dozen development finance institutions are working on common sets of principles that each will use for tracking climate finance. The first set for tracking mitigation finance has been agreed and similar principles for tracking adaptation finance and the ability to leverage finance will follow later this year. Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change, said that common methodologies will help “build trust that climate finance is flowing.”

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FIP Establishes Dedicated Fund for Indigenous Peoples and Local Communities [viewed]

wb_cif_ci31 March 2015: The World Bank has approved a climate investment mechanism to be implemented by indigenous peoples and local communities seeking to address deforestation and forest degradation.

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