Industrial Development

IEA Confirms Decoupling of CO2 Emissions, Economic Growth in 2015 [viewed]

IEA16 March 2016: For the second year in a row, global energy-related carbon dioxide (CO2) emissions registered no growth, according to the International Energy Agency (IEA), while global gross domestic product (GDP) continued to grow. Releasing preliminary data for 2015, the IEA reported that CO2 emissions amounted to 32.1 billion tonnes in 2015 and have remained flat since 2013. The IEA pointed to a surge in renewables as a key factor, noting they accounted for 90% of new electricity generation in 2015.

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Executive Board Considers CDM's Future under Paris Agreement [viewed]

UNFCCC11 March 2016: At its 88th meeting, the Executive Board of the Clean Development Mechanism (CDM) elected Eduardo Calvo, Peru, as Chair and Frank Wolke, Germany, as Vice-Chair, for 2016. In addition, the Board set in motion the CDM's "evolving role" in international climate action, taking up a request from the 11th session of the Conference of the Parties to the UNFCCC serving as the Meeting of the Parties to the Kyoto Protocol (CMP 11) in December 2015 to analyze options to use the CDM for other uses.

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US, Canada Commit to Partner on Climate, Energy and the Arctic [viewed]

us_canada10 March 2016: During an official visit to the US, Canadian Prime Minister Justin Trudeau and US President Barack Obama released a US-Canada Joint Statement on Climate, Energy and Arctic Leadership, pledging to sign the Paris Agreement as soon as possible. The two leaders commit to advance climate action globally, outlining coordinated domestic climate action, and announce cooperation on clean energy and the Arctic.

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G20 Finance Ministers Cooperate on Taxation, Infrastructure Investment, and Green Finance [viewed]

unep_g2027 February 2016: The Group of 20 (G20) Finance Ministers and Central Bank Governors concluded a two-day meeting in Shanghai, China, pledging to enhance economic resilience, promote infrastructure investment, cooperate on tax matters and develop options for mobilizing private capital for green investment.

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Event: EU Sustainable Energy Week 2016 [viewed]

During the month of June 2016, the European Commission will be hosting the EU Sustainable Energy Week (EUSEW) 2016, which will promote energy-saving initiatives and the generation of power from clean, secure, efficient and renewable sources. The event includes a Policy Conference, to be held from 14-16 June 2016, during which approximately 60 sessions on sustainable energy policy will take place, with stakeholders debating new policy developments, best practices and sustainable energy ideas. A second component of EUSEW is the Networking Village, where an exhibition and networking area gives attendees the opportunity to meet. In addition, a number of Energy Days organized by local public and private organizations will raise awareness about energy efficiency and renewables, such as through workshops, competitions or tours of power plants. Lastly, during the Policy Conference, an Awards Ceremony will be held to recognize outstanding innovation in energy efficiency and renewables with prizes awarded from an expert jury and European citizens.  

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Event: Africa Carbon Forum 2016 [viewed]

The Eight Africa Carbon Forum (ACF) will inform participants on the latest investment, finance and development opportunities relating to climate change. Issues for discussion include: opportunities for Africa in a post-Paris global landscape; policy options and opportunities for transformational development in the region presented by Nationally Determined Contributions (NDCs); innovative projects, programmes and investment opportunities for climate-resilient development, such as the Africa Renewable Energy Initiative and African Initiative on Adaptation and Loss and Damage; sources of climate finance and how to access them, including market-based approaches to sustainable development; results-based financing; and cooperative initiatives under the Nairobi Framework (NF) Partnership, which aims to improve the level of participation of developing countries, especially those in sub-Saharan Africa, in the Clean Development Mechanism (CDM). The ACF is organized by the Nairobi Framework partners, including the UNFCCC, the UN Environment Programme (UNEP) along with the UNEP DTU Partnership (UDP), the International Emissions Trading Association (IETA), the World Bank and the African Development Bank (AfDB). The Forum will bring together climate change focal points, project developers and policymakers, as well as representatives from financial institutions, CDM Designated National Authorities (DNAs), the private sector, non-governmental organizations (NGOs), multilateral agencies, the media and other stakeholders.  

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February 2016 Sustainable Energy Finance Update [viewed]

february2016_energy1 March 2016: During the month of February, the African Development Bank (AfDB), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Nordic Environment Finance Corporation (NEFCO) and the World Bank announced sustainable energy project funding and initiatives. In addition, the Inter-American Development Bank (IDB) and EIB released publications related to finance and the clean energy sector, and AfDB, EBRD and the World Bank reported on events highlighting sustainable energy solutions.

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EU Climate Diplomacy to Focus on Implementation of Paris Agreement [viewed]

ec15 February 2016: EU Foreign Affairs Ministers have adopted conclusions on European climate diplomacy, emphasizing three strands of action for 2016 related to: prioritizing climate change advocacy in diplomatic relations; implementing the Paris Agreement and intended nationally determined contributions (INDCs); and addressing the nexus among climate change, natural resources, prosperity, stability and migration.

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Canada, Mexico and US Collaborate on Climate Change and Energy [viewed]

canada_mexico_unitedsates12 February 2016: Canada, Mexico and the US have signed a Memorandum of Understanding (MoU) on Climate Change and Energy Collaboration, which sets out six areas of cooperation and information-sharing among the three countries. The energy ministers of the three countries also launched an online platform for the purpose of providing easy access to relevant North American data from a single website.

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Morocco Advances INDC Targets with Opening of Solar Power Plant [viewed]

morocco4 February 2016: In June 2015, the Government of Morocco submitted its intended nationally determined contribution (INDC) to the UNFCCC, announcing targets of reducing its greenhouse gas (GHG) emissions by 32% by 2030 compared to business-as-usual (BAU) projected emissions and reaching over 50% of installed electricity production capacity from renewable sources by 2025. In a significant step toward these goals, the first phase of the Noor-Ouarzazate concentrated solar power (CSP) plant became operational in February 2016.

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