Economics, Trade & Investment

African Ministers Call for Integrated Monitoring of SDGs, Agenda 2063 [viewed]

UNECA AU5 April 2016: African ministers reaffirmed the importance of aligning Africa's Agenda 2063 and the Sustainable Development Goals (SDGs), including in national development plans, at the Ninth Joint Annual African Union (AU) and UN Economic Commission for Africa (UNECA) Conference of Ministers of Finance, Planning and Economic Development. The meeting adopted 17 resolutions that support Africa's implementation of the SDGs.

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Asia-Pacific Adopts Plan for Financing 2030 Agenda, GCF Offers Support [viewed]

UNESCAP31 March 2016: Delegates at a UN regional dialogue on Financing for Development (FfD) agreed on follow-up steps towards implementing the 2030 Agenda for Sustainable Development, including plans to nurture capital markets and establish a regional forum on tax cooperation in the Asia-Pacific region. At the meeting, the Green Climate Fund (GCF) urged countries to submit innovative project proposals on responding to climate challenges, for possible financing.

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Event: Signature Ceremony of the Paris Climate Agreement: High-Level Luncheon [viewed]

On the occasion of the signing ceremony of the Paris Agreement on climate change, UN Secretary-General Ban Ki-moon will host a high-level luncheon bringing together governments, business, investors, civil society and the UN to signal support for translating the agreement into action. It will focus on the scale and pace of the market transformation required to achieve a safer, healthier and more prosperous future. The luncheon is being organized with support from the UN Global Compact, and is open to UN Global Compact company representatives at the chief executive level.  

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March 2016 Climate Finance Update: Fund Boards Meet, Carbon Markets Under the Spotlight [viewed]

march2016_climate_finance7 April 2016: In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway towards low greenhouse gas (GHG) emissions and climate-resilient development.” Developing countries will receive financial resources for both mitigation and adaptation actions, while developed countries are expected to continue to lead in mobilizing climate finance from a variety of sources, with public funds playing a significant role in reaching the previously agreed US$100 billion annual target by 2020. Monthly IIDS RS Climate Finance Updates aim to help track multilateral financing to support the finance goal agreed under the UNFCCC, which will in turn contribute to the implementation of Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts).

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Policy Update #31: Monthly Forecast: April 2016 [viewed]

As the international sustainable development community begins the fourth month of the “2016 Year of Implementation,” a number of events will demonstrate how various entities are approaching the implementation of the three key outcomes from the “2015 Year of Decision”: the Addis Ababa Action Agenda (AAAA), the 2030 Agenda for Sustainable Development, and the Paris Agreement on climate change.

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Implementation Update: Palestine Joins UNFCCC, China, EU, India, US Announce Climate Actions [viewed]

UNFCCC2 April 2016: Parties to the UNFCCC are making major announcements related to the Paris Agreement and its objectives. The actions described in this Update are also important for implementing the Sustainable Development Goals (SDGs), especially SDG 13 (Take urgent action to combat climate change and its impacts). A number news items reported here will also advance SDG 7, especially Target 7.2 to "increase substantially the share of renewable energy in the global energy mix."

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Sustainable Energy Finance Update: Majority of 2015 Renewables Investment Went to Developing Countries [viewed]

energy_finance_review20151 April 2016: When governments adopted the Sustainable Development Goals (SDGs) in September of last year, they agreed to a goal of ensuring access to affordable, reliable, sustainable and modern energy for all (SDG 7) by 2030. In a separate Goal, SDG 17, they set out targets for the means of implementation (MOI) necessary for achieving the SDGs. As the focus shifts from "the year of decisions" to "the year of implementation," the MOI necessary for achieving SDG 7, as well as the other Goals, are receiving greater attention. This update examines recent news related to finance MOI, with a view to identifying what governments and intergovernmental actors are doing to mobilize renewable energy, energy efficiency and energy access finance.

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Global Methane Forum, Related Events Explore Methane Abatement Strategies [viewed]

global_methane_forum1 April 2016: The Global Methane Initiative (GMI) and the Climate and Clean Air Coalition (CCAC) of the UN Environment Programme (UNEP) co-hosted the Global Methane Forum, which focused on international methane reduction, highlighting methane reduction technologies, policies and opportunities, and addressing finance issues. The Forum was directly followed by the CCAC second annual Science Policy Dialogue on Short-Lived Climate Pollutants (SLCPs), the CCAC Municipal Solid Waste Initiative Workshop and the CCAC Working Group Meeting.

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2016 Global Food Policy Report Explores Contributions of Food Systems to SDG Implementation [viewed]

Ifpri31 March 2016: The '2016 Global Food Policy Report: How we Feed the World is Unsustainable' of the International Food Policy Research Institute (IFPRI) analyzes food policy developments in 2015, assesses challenges and opportunities for the coming year, and investigates the role of food systems in achieving multiple Sustainable Development Goals (SDGs).

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ACP Countries Set to Adopt Climate Action Plan [viewed]

ACP logo23 March 2016: Following a two-day special meeting on the outcomes of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, the Sub-Committee on Sustainable Development of the African, Caribbean and Pacific (ACP) Group of States agreed on a draft Action Plan for the ACP 79 members for the 2016-2020 period, aiming to strengthen the global climate response in the context of sustainable development and poverty reduction efforts.

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