Economics, Trade & Investment

UK Environmental Audit Committee Hears Evidence on SDGs, Post-2015 Process [viewed]

UK Parliament2 December 2014: The Environmental Audit Committee of the UK House of Commons conducted a hearing on the Government's priorities and positioning in negotiating the Sustainable Development Goals (SDGs). The hearing covered, inter alia, the number of goals, the possibility of an SDG on climate change, and UK representation in the overall post-2015 process.

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GCF Open Forum Raises Awareness on GCF Operations [viewed]

limacop203 December 2014: A 'Green Climate Fund (GCF) Open Forum,' organized on the margins of the Lima Climate Change Conference, raised awareness of GCF operating procedures with regard to country readiness, accreditation, implementing entities and project pipelines. GCF convened the Forum to engage interested stakeholders and offer them an opportunity to understand the GCF, as it is expected to begin disbursements in 2015.

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OECD Publishes Data on Climate-Related External Financial Flows [viewed]

OECD_NEWNovember 2014: The Organization for Economic Co-operation and Development's Development Assistance Committee (OECD-DAC) has presented a set of statistics that capture an integrated and comprehensive picture of both bilateral and multilateral climate-related external development finance flows, which play an important role in supporting developing countries in their transition to low-carbon, climate-resilient and sustainable development pathways.

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Guest Article #118: The Adaptation Fund's Success Story [viewed]

In just a few short years, the Adaptation Fund (AF) has built a focused, effective, and transparent climate adaptation financing instrument that directly aids the most vulnerable communities in developing countries.

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UN Secretary-General's Synthesis Report Proposes 6 Elements for Post-2015 Agenda [viewed]

syntesis-proposal4 December 2014: UN Secretary-General Ban Ki-moon has released an advance version of his synthesis report on the post-2015 development agenda, titled ‘The Road to Dignity by 2030: Ending Poverty, Transforming All Lives and Protecting the Planet.' In the report, Ban proposes an integrated set of six essential elements: dignity; people; prosperity; planet; justice; and partnership.

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UNFCCC SCF Releases Biennial Assessment of Climate Finance Flows [viewed]

UNFCCC3 December 2014: The UNFCCC Standing Committee on Finance (SCF) has released a compilation of information and data on financial flows supporting mitigation and adaptation within countries and via international support. The assessment estimates a lower range of global total climate finance flows of US$340 billion a year for the period 2011-2012 and an upper range of at least US$650 billion.

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GEF Publication Summarizes 20 Years of UNFCCC COP Guidance [viewed]

GEF3 December 2014: The Global Environment Facility (GEF) has presented a report to the 20th session of the Conference of Parties (COP 20) to the UNFCCC in Lima, Peru, on its response to guidance received at COP 19 in 2013. As an operating entity of the UNFCCC's financial mechanism, the GEF functions under the guidance of and is accountable to the COP, which decides on UNFCCC-related policies, programme priorities and eligibility criteria.

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World Bank Loan to Help Uruguay Mitigate Climate Shocks [viewed]

World Bank2 December 2014: The World Bank Group has approved a US$200 million loan to stabilize electricity costs and tariffs in the event of droughts in Uruguay, with the aim of avoiding financial pressures that might affect the government's ability to provide services to the poor. The loan will contribute to providing insurance coverage to support the Energy Stabilization Fund in mitigating climate shocks while helping to diversify the country's energy sector.

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UNIDO Publication Spotlights SIDS' Sustainable Development [viewed]

UNIDODecember 2014: As a follow up to the Third International Conference on Small Island Developing States (SIDS), the UN Industrial Development Organization's (UNIDO) ‘Making It' publication examines the potential of SIDS to pursue sustainable economic development by steadily increasing economic productivity.

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EU Parliament Outlines Priorities for Post-2015 Development Agenda [viewed]

europeanparliament27 November 2014: The European Parliament has adopted a resolution defining its collective priorities for the post-2015 development agenda. Priorities include ending poverty and fighting inequalities, a human rights-based approach, and a variety of social, economic, and environmental development issues.

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