Economics, Trade & Investment

EBRD Analyzes Impacts of Climate Policies on Government Assets and Financial Stability [viewed]

European Bank10 December 2015: The European Bank for Reconstruction and Development (EBRD) has launched a paper, titled 'Government assets: risks and opportunities in a changing climate policy landscape.' The paper was launched at an event held on the sidelines of the Paris Climate Change Conference.

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CCAC Strengthens Efforts to Reduce Short-Lived Climate Pollutants [viewed]

CCAC9 December 2015: The High Level Assembly (HLA) of the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) committed to ambitious action over the next five years to reduce emissions of the short-term climate pollutants (SLCPs) - black carbon, methane and hydrofluorocarbons (HFCs).

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COP 21 Considers Revised Draft Paris Outcome [viewed]

cop21_day1110 December 2015: Negotiations continued on the draft outcome of the Paris Climate Change Conference on Thursday, 10 December, with COP 21 President Laurent Fabius introducing a revised draft text in the evening. Fabius said there are “open options” on the most complex issues of differentiation, finance and ambition, and asked delegates to examine the document with a "new perspective,” keeping the final agreement in mind, suggesting “we are extremely close to the finish line.” Following a second night of negotiations, delegates were told on Friday that the sixth meeting of the Comité de Paris would convene Saturday morning, 12 December, during which a final draft of the proposed Paris Outcome would be presented.

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Guide Offers Green Bonds Toolbox [viewed]

scaling_up_green_bond9 December 2015: The Climate Bonds Initiative and the UN Environment Programme (UNEP) launched a guide for public sector decision makers on scaling up green bond markets for climate change mitigation and other objectives of sustainable development. The guide aims to accelerate the growth of the green bond market to achieve the US$6.2 trillion of annual investment estimated necessary to build the infrastructure of low-carbon economies around the world.

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LPAA Results in Over 70 Major Climate Action Initiatives [viewed]

lpaa9 December 2015: The Lima-Paris Action Agenda (LPAA), which convened on the sidelines of the Paris Climate Change Conference, illustrated the “massive and rising response by cities, regions, business and civil society to take ambitious climate action, frequently in cooperation with national governments,” according to the UNFCCC Secretariat. The LPAA resulted in over 70 major initiatives from nearly 10,000 actors from 180 countries on agriculture, building, business, cities, forests, innovation, private finance, resilience, short-lived climate pollutants, transport and water.

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NEPAD with Partners Launch African Resilient Landscapes Initiative [viewed]

nepad_wb_wri6 December 2015: Launched at the 2015 Global Landscapes Forum in Paris, France, by the African Union New Partnership for Africa's Development (NEPAD), the African Resilient Landscapes Initiative will be implemented in partnership with the World Bank and World Resources Institute (WRI) through forest and ecosystem restoration, biodiversity conservation, climate-smart agriculture, and rangeland management.

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COP 21 Considers Revised Draft Outcome [viewed]

cop219 December: Delegates at COP 21 discussed a revised version of the Paris outcome during an evening session of the Comité de Paris. Introducing the revised draft, COP 21 President Laurent Fabius informed parties that the text: is “inspired” by the ADP draft Paris outcome from Saturday, 5 December; incorporates ministerial facilitators' recommendations; and draws from ADP co-facilitators' suggestions and experience. He explained that the 29-page text, which contains three-fourths fewer brackets than the previous draft, aims to provide an overview of progress made and identify clear options on three cross-cutting issues still to be settled at the political level.

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IUCN and WBCSD Announce Partnership to Help Businesses Address Climate Change [viewed]

iucn_wbcsd7 December 2015: The International Union for Conservation of Nature (IUCN) and the World Business Council for Sustainable Development (WBCSD) announced a five-year partnership focused on helping businesses address climate change and ecosystem degradation through the valuation of nature.

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COP 21 Considering Draft Paris Outcome [viewed]

cop218 December 2015: Negotiations advanced on the draft outcome of COP 21, with minister-led informal consultations, bilaterals and party-led breakout groups under the "Comité de Paris" on: support: MOI (finance, technology and capacity building); acceleration of pre-2020 action (workstream 2, excluding pre-2020 finance); adaptation, and loss and damage; differentiation, in particular with regard to mitigation, finance and transparency; ambition, including long-term goals and periodic review; facilitating implementation and compliance; preamble; forests; cooperative mechanisms; and response measures.

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Business Leaders Commit to Advancing Low-carbon Economy [viewed]

Global Compact8 December 2015: The third annual Caring for Climate Business Forum brought together 400 business leaders, government officials and other stakeholders to discuss how business can accelerate action for climate change mitigation, and to announce new commitments by business leaders and joint initiatives. The event showed that a growing number of businesses is taking forward-looking actions to develop viable business models in support of a low-carbon economy.

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