Energy

Transformative Carbon Asset Facility to Provide Financial Incentives to Tackle Climate Change [viewed]

world_bank_new30 November 2015: Germany, Norway, Sweden and Switzerland announced a US$500 million initiative to help developing countries tackle climate change by transitioning to carbon-pricing mechanisms. The Transformative Carbon Asset Facility (TCAF) will help developing countries implement plans to cut greenhouse gas (GHG) emissions by providing them with results-based payments for large scale programs in areas such as renewable energy, energy efficiency, low carbon cities and solid waste management.

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UN Reports on GHG Emissions, Showcases Steps Towards Climate Neutrality [viewed]

UN Reports on GHG Emissions27 November 2015: The UN emitted 2,093,572 tonnes of carbon dioxide equivalent in 2015, according to a report titled ‘Moving Towards a Climate Neutral UN.' The report provides an update on progress in implementing the 2007 Climate Neutral UN Strategy, which commits all UN agencies, funds and programmes to move towards climate neutrality within the context of greening the UN, including through reducing and offsetting emissions.

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CDM Approves First Methodology for Aviation Sector [viewed]

UNFCCC27 November 2015: The Executive Board of the Clean Development Mechanism (CDM) has approved its first methodology aimed at incentivizing emission reductions in the aviation sector. The methodology, titled 'AM0116: Electric taxiing systems for airplanes,' was developed jointly by the Secretariat of the UN Framework Convention on Climate Change (UNFCCC) and the International Civil Aviation Organization (ICAO), and entails installing electric motors to the landing gear of aircraft to reduce emissions as airplanes maneuver around runways.

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APEC Ministers Commit to Implementing UN Goals, Address Energy Intensity [viewed]

apec19 November 2015: Ministers from the Asia-Pacific Economic Cooperation (APEC) countries affirmed their commitment to implementing the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda on financing for development (AAAA) at the close of the 23rd APEC Economic Leaders' Meeting meeting. APEC leaders also adopted the APEC Disaster Risk Reduction (DRR) Framework to facilitate international cooperation cooperation on DRR.

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November 2015 Climate Finance Update [viewed]

november_climate_financeNovember 2015: During the month of November, the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC) and the Green Climate Fund (GCF) reported on new financing, collaborations and other climate finance news. Multilateral Development Banks (MDBs), climate funds and forestry research centers launched studies, think pieces and multimedia content on, inter alia, climate-related disasters, vulnerability in Africa, stranded assets, Adaptation Fund activities and REDD+.

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November 2015 Sustainable Energy Finance Update [viewed]

November 2015 Sustainable Energy1 December 2015: During the month of November, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the French Development Agency (AFD) and the Inter-American Development Bank (IDB), among others, announced sustainable energy project funding and initiatives. AfDB, IDB and Bloomberg New Energy Finance (BNEF) released reports on financing and deploying clean energy. A number of related events took place throughout the month.

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October-November 2015 NAMA Update [viewed]

nama_updateNovember 2015: This update provides information on individual nationally appropriate mitigation actions (NAMAs) by developing countries, including NAMAs seeking support for preparation and implementation, and related support, events and activities, for the period from October to November 2015.

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Guest Article #133: Delivering Carbon Capture and Storage: a 2°C Solution [viewed]

Over the coming days, world leaders will be meeting in Paris to negotiate a global climate agreement. For the first time in history, business is playing an active role in this transformational journey and is coming to Paris with concrete solutions to help governments in tackling climate change.

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Niue Submits INDC [viewed]

niue25 November 2015: The UNFCCC Secretariat has reported that Niue has formally submitted its intended nationally determined contribution (INDC), bringing the total number of Parties that have made their submissions to 178. The submission expresses Niue's intent to achieve a 38% share of total electricity generation from renewable energy by 2020. Subject to additional international assistance, the country could accomplish 80% renewables by 2025, according to the INDC.

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ICAO, IMO Report to SBSTA on Aviation and Maritime Fuel Emissions [viewed]

ICAO-IMO24 November 2015: The UNFCCC Secretariat has issued a document (FCCC/SBSTA/2015/MISC.5) containing the submissions of the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO) to the Subsidiary Body for Scientific and Technological Advice (SBSTA). ICAO and IMO submitted the reports, which focus on emissions from fuel used for international aviation and maritime transport, at the request of SBSTA at its 42nd session (SBSTA 42).

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