Energy

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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Advisory Group Highlights Sustainable Transport for Addressing Climate Change, SDGs [viewed]

United Nations7 December 2015: The UN Secretary-General's High-Level Advisory Group on Sustainable Transport, including leaders from the public and private sectors and representing all modes of transport, met with Secretary-General Ban Ki-moon, government representatives and other stakeholders on the sidelines of the Paris Climate Change Conference, aiming to advance implementation of climate-related solutions. The 16 members of the Group asserted that, through innovation in operations, policy and technology, the transport sector can lower emissions while ensuring access to markets, services and social interaction for people.

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Event: 2016 Annual Meetings of the Inter-American Development Bank and Inter-American Investment Corporation [viewed]

The 57th Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB) and the 31st Annual Meeting of the Board of Governors of the Inter-American Investment Corporation (IIC) is intended to provide a forum for discussion among the institution's Governors, including finance ministers and central bank presidents, and representatives of multilateral financial institutions, development agencies and private banks. A series of seminars will take place prior to the opening of the meeting. In addition to meetings of the Boards of Governors, the meeting will include sessions on, inter alia: the private sector as an engine of growth for Latin America and the Caribbean (LAC); strengthening financing for the private sector to promote growth; consolidating LAC's participation in global value chains; the Caribbean's energy challenge; protecting productive ecosystems, including the coasts and the ocean, through an integrated approach; a “Blue Urban Agenda”; and the Road to Habitat III. The annual meetings take place in late March or early April each year.  

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Saint Kitts and Nevis, Venezuela Submit INDCs [viewed]

UNFCCC12 December 2015: The UNFCCC Secretariat has reported that Saint Kitts and Nevis and Venezuela have formally submitted their intended nationally determined contributions (INDCs), bringing the total number of Parties that have made their submissions to 188.

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Mountain Day Focuses on Mountain Products; Launches Reports on Food Insecurity and Adaptation [viewed]

mountain_international_day11 December 2015: International Mountain Day (IMD) took place under the theme ‘promoting mountain products,' with the aim of highlighting the potential of mountain products and services to contribute to livelihoods and sustainable employment in mountain areas. The Day highlighted opportunities for growth, such as the production of high quality, high value products like fair trade, organic cocoa, coffee, herbs, honey, spices and other niche market products, and underscored constraints in mountain development, especially with regard to food insecurity and climate change.

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