Industrial Development

IEA World Energy Outlook: Renewables Leading New Energy Supply by 2030s [viewed]

IEA10 November 2015: The International Energy Agency (IEA) has released the 2015 edition of the 'World Energy Outlook' (WEO-2015). Based on intended nationally determined contributions (INDCs) submitted in advance of the Paris Climate Change Conference, WEO-2015 concludes that renewables will become the leading source of new energy supply worldwide, overtaking coal as the largest source of electricity generation by the early-2030s. The report estimates that, by 2040, renewables-based generation will reach 50% in the EU and around 30% in China and Japan, and surpass 25% in the US and India.

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UNEP, Axa Group Highlights Insurance Industry's Role in Building Resilience [viewed]

unep_fi_axa_2 November 2015: The UN Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI) Initiative and the AXA Group, a global institutional investor, have published a report that showcases how cities and small and medium enterprises (SMEs) are building resilience to climate risks, and highlights the important role the insurance industry plays in working with cities and SMEs to help build resilient and sustainable communities and economies.

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Saudi Arabia, Sudan Submit INDCs [viewed]

UNFCCC10 November 2015: The UNFCCC Secretariat has reported that Saudi Arabia and Sudan have formally submitted their intended nationally determined contributions (INDCs), bringing the total number of Parties that have made their submissions to 159. Saudi Arabia's INDC indicates it will pursue economic diversification and adaptation with the aim of generating mitigation co-benefits. Sudan's INDC identifies objectives in the energy, forestry and waste sectors designed to guide the country toward low-carbon development.

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UNISDR Launches Private Sector Alliance for Disaster Resilient Societies [viewed]

UNISDRS6 November 2015: The UN Office for Disaster Risk Reduction (UNISDR) has launched the Private Sector Alliance for Disaster Resilient Societies (ARISE), which focuses on ensuring that businesses play an important role in minimizing disaster risk. ARISE aims to facilitate the exchange of experience and knowledge on how to implement projects in disaster risk management (DRM) strategies, investment metrics, benchmarking and standards, education and training, legal and regulatory, urban risk reduction and resilience, and insurance.

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Event: OECD Webcast Media Briefing on COP 21 [viewed]

This webcast media briefing will provide an update on the work of the Organisation for Economic Co-operation and Development (OECD) on climate change mitigation, climate finance, energy taxes, fossil fuel subsidies and the economic costs of climate change action. The briefing will be led by the OECD department on climate change. Experts from other OECD agencies and organizations, including the International Energy Agency (IEA), the Nuclear Energy Agency (NEA), the International Transport Forum (ITF) and the OECD Economics Department will also participate.  

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WMO Reports Record High Atmospheric Greenhouse Gas Concentrations [viewed]

WMO9 November 2015: In the November 2015 edition of its Greenhouse Gas Bulletin, the World Meteorological Organization (WMO) reports that the amount of greenhouse gases (GHG) in the atmosphere reached another record high in 2014. It indicates that atmospheric CO2 concentrations reached 397.7 parts per million (ppm) in 2014, and that between 1990 and 2014, radiative forcing increased by 36% due to emissions from industrial, agricultural and domestic activities.

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Carbon Sequestration Leadership Forum Issues Ministerial Communiqué [viewed]

L-R: L-R: Ali bin Ibrahim Al-Naimi, Minister of Petroleum and Mineral Resources, Saudi Arabia, and CSLF Ministerial Co-Chair, and Ernest Moniz, Secretary of Energy, US, and CSLF Ministerial Co-Chair, and Ernest Moniz, Secretary of Energy, US, and CSLF Ministerial Co-Chair 7 November 2015: The Ministerial Conference of the sixth Carbon Sequestration Leadership Forum (CSLF) issued a Communiqué that calls for accelerating carbon capture and storage (CCS) deployment through strong global commitments and supportive government policies. The Ministerial Communiqué also stresses that "more needs to be done to bring CCS to the marketplace."

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Fiji Submits INDC [viewed]

Fiji Flag5 November 2015: The UNFCCC Secretariat has reported that Fiji has formally submitted its intended nationally determined contribution (INDC), bringing the total number of Parties that have made their submissions to 157. Fiji's INDC is specific to the national energy sector, where it aims to achieve a 30% reduction in carbon dioxide (CO2) emissions compared to a business-as-usual (BAU) scenario by 2030.

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China, France Call for Comprehensive Stocktaking of GHG Emissions Cuts Every Five Years [viewed]

france_china2 November 2015: Meeting less than a month before the Paris Climate Change Conference, French President François Hollande and Chinese President Xi Jinping agreed that the outcome expected in Paris should include provisions for a five-year review of progress toward reaching long-term emissions goals. The Presidents released a statement following the meeting, explaining that "the results of this stocktake will inform parties in regularly enhancing their actions in a nationally determined manner."

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PA13 Hears Partner Updates, PMR Publishes Report on Carbon Leakage [viewed]

pmr30 October 2015: The 13th meeting of the Partnership Assembly (PA13) of the Partnership for Market Readiness (PMR) and accompanying workshops received updates on mitigation initiatives from around the world, including energy policy developments in Chile, the status of China's carbon market developments, the Norwegian Carbon Credit Procurement Program, and climate mitigation initiatives in Sri Lanka. PA13 also received updates from the UNFCCC on progress towards Paris and from the World Bank on its Carbon Pricing Initiatives and Transformative Carbon Asset Facility.

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