Energy

IMF Experts Call for Carbon Pricing to Implement Paris Agreement [viewed]

IMF11 January 2016: In a report published as part of the International Monetary Fund (IMF) Staff Discussion Note (SDN) series, experts examine the role that fiscal polices can play in assisting countries to implement the Paris Agreement adopted at the end of 2015. The paper, titled 'After Paris: Fiscal, Macroeconomic, and Financial Implications of Climate Change,' considers how developing and developed countries alike can prevent deaths, raise revenue for adaptation and attract private finance flows for mitigation by getting fiscal policies right, with a focus on carbon pricing.

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SLoCaT Updates Analysis of INDCs' Transport Components [viewed]

slocat9 December 2015: In its analysis of all intended nationally determined contributions (INDCs) submitted as of 12 November 2015, the Partnership on Sustainable Low Carbon Transport (SLoCaT) found that 77% of the 133 INDCs, representing 160 countries, name transport as a sector with mitigation potential. Over 61% list specific mitigation measures for the sector, with the more than 200 proposed measures largely focusing on passenger transport.

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Event: 69th Session of the IMO's Marine Environment Protection Committee [viewed]

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) considers any matter within the IMO's scope that is concerned with prevention and control of pollution from ships.  

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IGOs, Development Banks and UN Agencies React to Paris Agreement [viewed]

paris_agreementDecember 2015: Upon adoption of the Paris Agreement by the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France, a broad array of stakeholders, including UN agencies, development banks and intergovernmental organizations (IGOs), responded to the outcome reached by the 196 UNFCCC Parties. The Agreement, which will be opened for signature in April 2016, aims to strengthen the global response to climate change, hold the increase in global average temperature to well below 2°C above pre-industrial levels, and pursue efforts to limit the temperature increase to 1.5°C.

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December 2015 Sustainable Energy Finance Update [viewed]

energy2015January 2016: During the month of December, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CBD), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB) and World Bank announced sustainable energy project funding and initiatives. ADB and EIB released reports on financing and deploying clean energy.

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Guest Article #137: Mobilising 100 Financial Institutions for Energy Efficiency [viewed]

This month's COP 21 in Paris concluded with a universal agreement to keep the global temperature rise well below 2 degrees Celsius, and to aim to further reduce it to below 1.5 degrees. To achieve this, the world needs to shift to carbon neutral economies within this century – with a downward carbon trend required well before 2050.

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December 2015 Climate Finance Update [viewed]

December 2015 Climate Finance Update21 December 2015: During the month of December, the Asian Development Bank (ADB), the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the Green Climate Fund (GCF), the Adaptation Fund and the Secretariat of the UN Framework Convention on Climate Change (UNFCCC), among others, reported on new financing pledges and other climate finance news. Multilateral Development Banks (MDBs), climate funds and UN initiatives launched studies, reports and briefs on, inter alia, climate risks and resilience, and adaptation finance. A large number of climate finance-related side events were held during the UN Paris Climate Change Conference in December 2015.

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WTO Reports Progress on Environmental Goods Agreement [viewed]

World Trade Organization (WTO)14 December 2015: The World Trade Organization (WTO) has achieved "considerable progress and a high degree of convergence" toward an environmental goods agreements (EGA) to lower trade barriers on environmental goods, according to the chair of the negotiations, Andrew Robb of Australia. The EGA would contribute to achieving the Sustainable Development Goals (SDGs) and the Paris Agreement on Climate Change, Robb notes.

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EEA Reviews Environmental Performance of EU Transport [viewed]

EEA14 December 2015: The European Environment Agency (EEA) has published a report, titled 'Evaluating 15 Years of Transport and Environmental Policy Integration,' which analyzes the evolution of freight and passenger transport and related impacts on the environment in the EU since 2000. The report concludes that greater efforts, including technological innovation and policies targeting behavioral change, are needed to decarbonize the tranport sector and achieve EU emissions reduction targets.

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UNIDO, GEF Provide Mitigation Training to CIS Experts [viewed]

GEF UNIDO7 December 2015: The UN Industrial Development Organization (UNIDO) has organized a workshop to train experts from the Commonwealth of Independent States (CIS) to develop programmes for climate-change mitigation. Approximately 40 participants from Armenia, Belarus, Kazakhstan, Kyrgyzstan, the Russian Federation and Ukraine received training in building programmes to reduce greenhouse gas (GHG) emissions and to promote the uptake of clean technologies and other mitigation actions.

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