Economics, Trade & Investment

ADP Prepares for Lima [viewed]

adp625 october 2014: The sixth part of the second session of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP 2-6) under the UN Framework Convention on Climate Change (UNFCCC) focused on preparing key documents for the 20th session of the Conference of the Parties (COP 20) to the UNFCCC, scheduled to take place in Lima, Peru, in December 2014.

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GEF Council CSO Consultation Discusses Gender Policy, Public Involvement [viewed]

GEF27 October 2014: The Global Environment Facility (GEF) Council consultation meeting with civil society organizations (CSOs) gathered approximately 150 participants to focus on four topics: a dialogue with the GEF CEO; gender mainstreaming and public involvement in GEF projects; the work of the GEF-CSO Network; and CSO engagement in the sixth replenishment of the GEF (GEF-6).

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Philippines National Budget "Tags" Climate Change Response Funds [viewed]

World Bank-Philippines24 October 2014: In the Philippines, 53 national agencies have begun the process of "tagging" proposed climate change funding in their 2015 national budget submissions. With over 5% of the total tagged as climate change expenditures, the system intends to make the tracking, strategy and prioritization of the national response to climate change more transparent.

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CIF, CPI Publish Background Paper on Geothermal [viewed]

CIFOctober 2014: A background report prepared by the Climate Policy Initiative (CPI) for the Climate Investment Funds (CIF) finds that, overall, geothermal is cost competitive with its fossil fuel alternatives, even in the absence of a carbon price. At a levelized cost of electricity (LCOE) of 9-13 US cents per kilowatt-hour (kWh), it is among the least expensive renewable sources of power. However, the publication points out that more deployment is needed for geothermal to achieve its full potential.

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UNFCCC Releases Advance Version of Technical Paper for Adaptation Fund Review [viewed]

UNFCCC23 October 2014: The UNFCCC Secretariat has published an advance version of a technical paper (FCCC/TP/2014/7) that provides background information for the second review of the Adaptation Fund. The paper serves to assist delegations in their preparations for the 10th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP 10) to be held in Lima, Peru, from 1-12 December 2014.

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Adaptation Fund Board Approves Six Projects Totaling US$33 Million [viewed]

Adaptation Fund10 October 2014: The Adaptation Fund Board (AFB) has announced it will fund six climate resilience projects, in Costa Rica, India, Kenya and South Africa. The decision represents a doubling in the direct access finance provided by the Fund. In addition, the Board approved almost US$150,000 in South-South grants to provide training on the Fund's accreditation process so that more countries will be able to take advantage of direct access finance.

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European Council Agrees on 2030 Climate and Energy Policy Framework [viewed]

European Council24 October 2014: The European Council has endorsed a binding EU target of at least a 40% domestic reduction in greenhouse gas (GHG) emissions by 2030 compared to 1990, and will submit its contribution under the UNFCCC by the first quarter of 2015, in accordance with the timeline agreed at the 19th session of the Conference of the Parties (COP 19). The target is part of the 2030 Climate and Energy Policy Framework agreed by the European Council at its meeting on 23-24 October 2014.

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Senior Arctic Officials Prepare for Arctic Council Ministerial Meeting [viewed]

Arctic Council23 October 2014: The Senior Arctic Officials (SAOs) and Heads of Delegation of Indigenous Permanent Participant organizations of the Arctic Council met to assess overall progress toward the priorities set under the Canadian Chairmanship. SAO Chair, Vincent Rigby, noted that the productive meeting would yield a "rich set of recommendations" for the Arctic Council Ministers to consider. Notably, SAOs approved a report outlining concrete recommendations for reducing woodstove black carbon emissions.

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World Resources Forum Discusses Economic and Environmental Linkages [viewed]

World Resources Forum22 October 2014: The 2014 World Resources Forum (WRF) brought together over 1,000 participants from 40 countries and international organizations to share knowledge and ideas on how to increase resource productivity, promote sustainable consumption and production (SCP) and mitigate climate change, while still maintaining and improving the quality of life for people everywhere.

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SE4ALL Launches in the Americas [viewed]

s4all-americas17 October 2014: The UN Decade of Sustainable Energy for All (SE4ALL) has officially launched in the Americas. With over 500 participants from across Latin America and the Caribbean in attendance, the event highlighted that a transition to universal sustainable energy access is possible in the region and pointed to the health, economic, social and environmental benefits of making that transition a reality.

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