Industrial Development

European Mayors to Cooperate on Climate Change [viewed]

europeans_mayors26 March 2015: Representatives from 30 European capitals and major cities met to express and formalize their commitment to address climate change, emphasizing the role major urban centers play in this field. The meeting, which took place on 26 March 2015, in Paris, France, came in advance of the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris in December 2015. French President Francois Hollande addressed the European mayors, stating that major cities must be “pioneers” in terms of low-emission practices.

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Renewable Energy Met 15% of EU Energy Demand in 2013 [viewed]

ec26 March 2015: Energy from renewable sources met 15% of gross energy consumption in the EU in 2013, according to the EU's statistical office, Eurostat. This figure compares with the 8.3% of energy consumption covered by renewables in 2004. Since then, renewables have grown in all EU countries, with 13 at least doubling their renewable share over the last ten years.

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European Council Addresses Next Steps for Energy Union [viewed]

European Council19 March 2015: The European Council has confirmed its commitment to the EU's Energy Union at a meeting focused on designing the first steps toward the Union. The Council released its 'Conclusions on the Energy Union,' which call for concrete actions to support the Union and a forward-looking climate policy. The Conclusions also call for coordinated climate diplomacy ahead of the Paris Climate Change Conference in December 2015 and intensified work on financing, technology transfer and capacity building.

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EU Energy Council Meeting Signals Support for Energy Union [viewed]

EU-SE4ALL6 March 2015: The EU Energy Council met to discuss the European Commission's plans for an ‘Energy Union' for the EU. Held under the Transport, Telecommunications and Energy Council (TTE) of the Council of the EU, the meeting focused on issues including energy security, energy efficiency, decarbonization and the internal energy market.

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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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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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