Energy

CCAC Event Reviews SLCP Mitigation Progress [viewed]

limacop209 December 2014: Participants discussed black-carbon emissions at a side event on 'Reducing Short-Lived Climate Pollutants (SLCPs) with a Focus on the Brick Production Sector and on Emissions from Heavy Duty Diesel Vehicles.' The Climate and Clean Air Coalition (CCAC) Secretariat, the Institute for Advanced Sustainability Studies (IASS), Ev-K2-CNR Committee and Swisscontact organized the event on the sidelines of the Lima Climate Change Conference.

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IETA, GEF Event Explores Financial Innovations for Low-Carbon Investments [viewed]

limacop209 December 2014: The International Emissions Trading Association (IETA) and the Global Environment Facility (GEF) organized a 'High-Level Dialogue on Public and Private Green Financial Innovations' on the sidelines of the Lima Climate Change Conference. The event brought together public and private sector leaders to discuss how to scale up innovative financial mechanisms for low-carbon investments.

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CIF Pledges Reach US$8.3 Billion [viewed]

CIF8 December 2014: The Climate Investment Funds (CIF) has received approximately US$765 million in funding for its four programmes, bringing total CIF contributions to approximately US$8.3 billion. The additional financing will enable the CIF to expand into more countries and bridge a financing gap faced by some of its programmes.

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COP 20 Event Discusses Indicators, Technologies for a Decarbonized Earth [viewed]

limacop208 December 2014: Participants discussed research findings on sectoral energy efficiency and greenhouse gas (GHG)-intensity indicators at an event 'Exploring the Potential Path towards a Decarbonized Earth,' which convened on the sidelines of the Lima Climate Change Conference. The side event also considered corresponding measures that can be taken by world business leaders.

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World Bank President Highlights Role of Economic Transformation in Net Zero Emissions [viewed]

Worldbanklogo8 December 2014: In a speech to the Council on Foreign Relations in Washington DC, US, World Bank Group President Jim Yong Kim called on countries to price carbon, eliminate fossil fuel subsidies, create conditions favoring renewable energy and invest in projects that can withstand extreme weather events. He said a 2015 agreement must send signals to investors and financial markets that could help transform economies toward achieving zero net emissions of harmful pollutants before 2100, in order to keep temperature below 2°C. According to Kim, economic policy will be key to achieving this goal.

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COP 20 Event Showcases Joint Crediting Mechanism for Developing Countries [viewed]

limacop208 December 2014: The event 'Actions for Low-Carbon Development in Developing Countries through the Joint Crediting Mechanism (JCM)' covered current efforts and activities under the JCM. The JCM aims to facilitate the diffusion of low-carbon technologies, products, systems, services and infrastructure; the implementation of mitigation actions; and the sustainable development of 12 developing countries.

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KfW Launches Geothermal Facility for Latin America at COP 20 [viewed]

limacop208 December 2014: KfW Development Bank launched the Geothermal Development Facility (GDF) for Latin America on the margins of the Lima Climate Change Conference. The GDF, the first multi-donor climate initiative to promote geothermal resources on a continental scale, will provide at least US$75 million in grant-based risk mitigation instruments and US$1 billion in financing to geothermal projects in 10 Latin American countries.

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GCC COP 20 Discussion Highlights Energy Efficiency Progress in the Gulf [viewed]

limacop208 December 2014: Participants addressed energy efficiency projects and programmes in Saudi Arabia and Qatar at 'Energy Efficiency in Gulf Cooperation Countries (GCC),' an event convened by the Government of Saudi Arabia on the sidelines of the Lima Climate Change Conference. The event highlighted economic diversification efforts in the GCC, as well as the importance of shifting to more energy efficient standards in the region to promote diversification.

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Lebanon Reviews Economic Repercussions of Climate Change at COP 20 Event [viewed]

limacop206 December 2014: 'Economic Repercussions of Climate Change on Vital Sectors of the Lebanese Economy,' a side event at the Lima Climate Change Conference, addressed socio-economic consequences of climate change in Lebanon's water, energy and agriculture sectors. Participants considered an analysis of the country's 2014 drought, which illustrates potential future climate impacts, and the application of a Brazilian model of South-South cooperation in Lebanon.

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UNEP FI, ODI COP 20 Event Offers Perspectives on Climate Finance [viewed]

limacop205 December 2014: The Overseas Development Institute (ODI) and UN Environment Programme's Finance Initiative (UNEP FI) convened experts from the private and public sector for a side event on 'Climate Finance: What Is It Worth?' Organized on the sidelines of the Lima Climate Change Conference, the event reflected on a decade of finance for climate action in developing countries. Participants discussed the role of public and private sectors in effective finance and regulation, focusing on major achievements and shortcomings.

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