Energy

EU Submits INDC, Reports on State of Europe's Environment [viewed]

ec6 March 2015: The EU has submitted its intended nationally determined contribution (INDC) to the UNFCCC Secretariat, the second party to do so after Switzerland. The contribution, approved by the Environment Council, indicates that the EU intends to achieve at least a 40% domestic reduction in greenhouse gas (GHG) emissions below 1990 levels by 2030, in line with the EU 2030 Climate and Energy Framework, which was agreed by the European Council in October 2014.

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February 2015 Sustainable Energy Finance Update [viewed]

feb_2015_energy_financeFebruary 2015: In February, the African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CDB), Climate Investment Funds (CIF) of the World Bank, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB) and the UN Department of Economic and Social Affairs (UN-DESA) announced funding for sustainable energy projects. Recipient countries include Belarus, Chile, Colombia, Ecuador, Germany, Honduras, India and the UK.

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Switzerland Submits First INDC, Aims to Reduce Emissions 50% by 2030 [viewed]

flag switzerland27 February 2015: The Government of Switzerland has become the first party to the UNFCCC to announce its intended nationally determined contribution (INDC). The INDC states that the country will reduce emissions 50% below 1990 levels by 2030, with 30% of those reductions achieved within its borders. The remaining reductions may be attained via projects completed abroad, according to the contribution.

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UNEP Report: Modern District Energy Systems Key to Reducing Cities' Emissions [viewed]

UNEP25 February 2015: A report released by the UN Environment Programme (UNEP) finds that transitioning to modern district energy systems could reduce primary energy consumption by up to 50%. The resulting emission reductions could amount to 60% of those required of the energy sector by 2050 to keep average temperature rise below 2°C, according to the report, titled 'District Energy in Cities: Unlocking the Potential of Energy Efficiency and Renewable Energy.'

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February 2015 Climate Finance Update [viewed]

afdb_eib_idb_cif_wbank and_citiFebruary 2015: During February 2015, the African Development Bank (AfDB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), the World Bank and the Citi corporation reported on funding and new financial instruments. IDB, the Climate Investment Funds (CIF) and the World Bank launched publications on, inter alia, climate resilience, green growth and carbon pricing, and reported on a regional event in Asia.

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UNEP Report Discloses the UN's 2013 GHG Emissions [viewed]

UNEP26 February 2015: The UN emitted about 1.7 million tonnes of carbon dioxide equivalent in 2013, according to ‘Moving Towards a Climate Neutral UN: The UN System's Footprint and Efforts to Reduce It.' The UN Environment Programme (UNEP) report reflects system-wide progress in implementing the UN's Climate Neutral Strategy, which requires UN bodies to estimate their greenhouse gas (GHG) emissions, reduce their emissions and analyze the cost implications of purchasing carbon offsets as they move towards climate neutrality.

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Event: Seventh Africa Carbon Forum [viewed]

The Seventh Africa Carbon Forum (ACF) will focus on finance, development and investment opportunities related to climate change and of interest to project developers and policymakers. Participants will learn about international carbon market trends, opportunities under the Green Climate Fund (GCF), efforts to increase demand for Clean Development Mechanism (CDM) credits and results-based financing opportunities. The Government of Morocco will host a high-level ministerial segment, during which African countries will have the opportunity to discuss expectations and planned contributions to the anticipated 2015 climate change agreement. ACF is jointly organized by the UNFCCC Secretariat, UN Environment Programme (UNEP), UNEP-DTU Partnership, World Bank, African Development Bank (AfDB) and International Emissions Trading Association (IETA).  

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OECD Projects 290% Increase in Freight Transport Emissions by 2050 [viewed]

OECD_NEW27 January 2015: The International Transport Forum (ITF) of the Organisation for Economic Co-operation and Development (OECD) has released its 2015 Transport Outlook. According to the report's projections, carbon dioxide (CO2) emissions from freight transport will increase by 290% by 2050. The Outlook also predicts that cities in China, India and Latin America will generate 38% of the growth in passenger transport emissions.

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European Commission Launches Strategy for Energy Union with Climate Change Policy [viewed]

EU-SE4ALL25 February 2015: The European Commission has adopted a framework strategy that aims to create, for the European Union, a resilient ‘Energy Union' with a forward-looking climate change policy. An annexed action plan presents fifteen "action points" for the coming years, including electricity market legislation, enhanced regional cooperation, increased funding for energy efficiency and a new renewable energy package. Two related communications focus on improved electricity interconnection and a vision for a global climate change agreement in Paris in December 2015.

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CDM Methodologies to be Developed for Aviation, Renewable Energy, Electrification and Household Energy Supply [viewed]

UNFCCC20 February 2015: The Executive Board of the Clean Development Mechanism (CDM) has confirmed that CDM project participants and coordinating/managing entities (CMEs) may wish to take on voluntary monitoring of sustainable development co-benefits of CDM project activities and programmes of activities (PoAs) in a manner determined in their own judgement.

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