Transport

Sustainable Energy Finance Update: World Bank and India Team Up on Solar, US$1 Billion Pledged for Sustainable Energy in Pacific [viewed]

sustainable_energy_finance1 July 2016: The New Energy Outlook 2016, a long-term forecast published in June by Bloomberg New Energy Finance (BNEF), predicts that coal and gas prices will remain lower than expected. However, with wind and solar costs anticipated to dip relatively lower, the Outlook assures that a fundamental transformation toward renewables is still in the works, with US$7.8 trillion in clean energy investments projected from 2016-2040.

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EU Environment Ministers Agree on Actions on Wildlife Trafficking, Circular Economy and Climate Change [viewed]

european_council23 June 2016: At a meeting of the Environment Council of the European Union (EU), Environment Ministers agreed on a number of statements and action plans related to wildlife trafficking, the circular economy and marine plastic pollution, and climate change.

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Canada, US, Mexico Forge North American Climate, Clean Energy and Environment Partnership [viewed]

canada_mexico_unitedsates29 June 2016: The leaders of Canada, the US and Mexico have released a joint statement on a 'North American Climate, Clean Energy and Environment Partnership,' which aims to ensure a “competitive, low-carbon and sustainable” North America and includes the goal of achieving 50% clean power generation by 2025. During the North American Leaders' Summit, Canadian Prime Minister Justin Trudeau, US President Barack Obama and Mexican President Enrique Peña Nieto agreed to align climate and energy policies in order to protect human health and help "level the playing field for our businesses, households, and workers."

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April-June 2016 NAMA Update: Linkages Among NAMAs, NDCs and Finance Explored for Enhanced Implementation and Support [viewed]

April 2016 NAMA Update20 June 2016: This periodic update focuses on individual nationally appropriate mitigation actions (NAMAs) by developing countries, and related support, events and activities, for the period from mid-April 2016 to mid-June 2016. During this period, a number of workshops were organized on capacity building for NAMA design and implementation. The linkages among NAMAs, nationally determined contributions (NDCs) and finance also received attention.

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Capacity Building and Technology Update: SB 44 Outcomes Focus on Implementation of Paris Agreement, GEF Establishes CBIT Trust Fund [viewed]

UNFCCC - GEF - UNITAR18 June 2016: The 44th sessions of the UNFCCC Subsidiary Body for Implementation (SBI 44) and Subsidiary Body for Scientific and Technological Advice (SBSTA 44) and the first session of the Ad Hoc Working Group on the Paris Agreement (APA 1) were held in Bonn, Germany, from 16-26 May 2016. The sessions presented the first opportunity for Parties to consider Paris mandates on capacity building and technology development and transfer, including the terms of reference (ToR) for the Paris Committee on Capacity-building, the Paris Agreement's technology framework, and the scope and modalities for the periodic assessment of the Technology Mechanism in the context of how it serves the Paris Agreement.

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Mitigation Update: Work Continues on Aviation, Black Carbon Emissions, Regions Cooperate on Clean Energy [viewed]

icao_arctic_adb_afdb13 June 2016: According to a policy paper from the Grantham Research Institute on Climate Change and the Environment, “carbon-intensive companies are not ready for the impact of the Paris Agreement's commitments.” The authors, economists Nicholas Stern and Dimitri Zenghelis, submitted the paper to the Task Force on Climate-Related Financial Disclosures, arguing that the Financial Stability Board (FSB) should create robust reporting guidance on climate risks.

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US, India Reaffirm Support for Early Entry into Force of Paris Agreement [viewed]

us_india7 June 2016: During an official visit to the US, Indian Prime Minister of India Narendra Modi met with US President Barack Obama in the White House for their third major bilateral summit. The two leaders reviewed the deepening strategic partnership between the US and India and pledged to pursue new opportunities to, inter alia, bolster economic growth and sustainable development. The joint statement issued at the conclusion of their meeting addresses climate, clean energy, clean energy finance and sustainable development, among other issues.

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CEM7 Launches New Campaigns on Advanced Cooling, Corporate Sourcing of Renewables, Energy Management [viewed]

cem3 June 2016: The Seventh Clean Energy Ministerial (CEM7) took place from 1-2 June 2016 in San Francisco, California, US, in conjunction with the inaugural Mission Innovation (MI) Ministerial and chaired by US Secretary of Energy Ernest Moniz. Moniz noted that San Francisco was chosen as host city because of its role in innovative technology. On 1 June, the CEM met in closed-door discussions and, on 2 June, the CEM7's Open Press Public Private Action Summit convened.

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Mitigation Update: Climate Conference Focuses on Accelerated Action, Markets and Transport Solutions Advanced [viewed]

unfccc_iea_ccafs_nama_wb6 June 2016: Addressing the Group of Seven (G7), UNFCCC Executive Secretary Christiana Figueres stated on 23 May, “Today, the challenge is to translate intent into action…that does justice to the extraordinary ambition enshrined in the Paris Agreement….” Figueres attended her final intersessional meeting of the UNFCCC subsidiary bodies from 16-26 May in Bonn, Germany, where an overarching theme of 'Accelerating Implementation of the Paris Agreement' pervaded many of the special events and negotiations.

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Energy Outlook: Clean Energy Investments, RE Employment Increasing, Cities Unlock Mitigation Potential [viewed]

unfccc_wb_irena_iea2 June 2016: Energy-related news of the past few weeks reported here indicate that regional development banks' investments in clean energy are increasing. Other recent developments show that: renewables are currently firmly established as competitive, mainstream sources of energy; energy efficiency (EE) action in urban environments helps cities transition to sustainable energy systems; and employment in renewable energy (RE) is on the rise. Events, initiatives and publications described in this update contribute to the implementation of the Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development, particularly SDGs 7 (Ensure access to affordable, reliable, sustainable and modern energy for all), 13 (Take urgent action to combat climate change and its impacts) and 1 (End poverty in all its forms everywhere).

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