Industrial Development

Event: ICAO High-level Meeting on a Global Market-Based Measure Scheme for Global Aviation [viewed]

This meeting will discuss draft International Civil Aviation Organization (ICAO) Assembly resolution text on a global market-based measure (MBM) scheme and make recommendations to the 208th session of the ICAO Council, in preparation for the 39th Session of the ICAO Assembly, which will meet from 27 September to 7 October 2016. This high-level meeting will be attended by ICAO Contracting States and other international organizations with direct involvement in aviation and/or the environment. Prior to the meeting, on 10 May, a briefing will review the basic elements of the global MBM proposal. In 2013, the 38th session of the ICAO Assembly adopted a resolution, deciding to develop a global MBM scheme for international aviation. The meeting is being organized by ICAO.  

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March 2016 Climate Finance Update: Fund Boards Meet, Carbon Markets Under the Spotlight [viewed]

march2016_climate_finance7 April 2016: In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway towards low greenhouse gas (GHG) emissions and climate-resilient development.” Developing countries will receive financial resources for both mitigation and adaptation actions, while developed countries are expected to continue to lead in mobilizing climate finance from a variety of sources, with public funds playing a significant role in reaching the previously agreed US$100 billion annual target by 2020. Monthly IIDS RS Climate Finance Updates aim to help track multilateral financing to support the finance goal agreed under the UNFCCC, which will in turn contribute to the implementation of Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts).

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Sustainable Energy Finance Update: Majority of 2015 Renewables Investment Went to Developing Countries [viewed]

energy_finance_review20151 April 2016: When governments adopted the Sustainable Development Goals (SDGs) in September of last year, they agreed to a goal of ensuring access to affordable, reliable, sustainable and modern energy for all (SDG 7) by 2030. In a separate Goal, SDG 17, they set out targets for the means of implementation (MOI) necessary for achieving the SDGs. As the focus shifts from "the year of decisions" to "the year of implementation," the MOI necessary for achieving SDG 7, as well as the other Goals, are receiving greater attention. This update examines recent news related to finance MOI, with a view to identifying what governments and intergovernmental actors are doing to mobilize renewable energy, energy efficiency and energy access finance.

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Global Methane Forum, Related Events Explore Methane Abatement Strategies [viewed]

global_methane_forum1 April 2016: The Global Methane Initiative (GMI) and the Climate and Clean Air Coalition (CCAC) of the UN Environment Programme (UNEP) co-hosted the Global Methane Forum, which focused on international methane reduction, highlighting methane reduction technologies, policies and opportunities, and addressing finance issues. The Forum was directly followed by the CCAC second annual Science Policy Dialogue on Short-Lived Climate Pollutants (SLCPs), the CCAC Municipal Solid Waste Initiative Workshop and the CCAC Working Group Meeting.

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UNEP Reports World Record in Renewable Energy Investments [viewed]

global_trends_rei24 March 2016: A UN Environment Programme (UNEP) report, titled 'Global Trends in Renewable Energy Investment 2016' (GTR), finds that global investments in renewables in 2015 hit a new record high at US$286 billion and that, for the first time, investments in renewables in developing countries topped those of developed countries.

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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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