Africa

In FY16, World Bank Provides Over US$61 Billion [viewed]

world_bank_new12 July 2016: The World Bank Group's (World Bank) commitments rose to over US$61 billion in loans, grants, equity investments and guarantees to countries and private businesses in fiscal year 2016 (FY16), according to a World Bank press release. This financing includes support for climate change and a continued focus on sub-Saharan Africa, which remains a top priority with commitments to countries reaching US$12.5 billion in FY16.

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UNSG Candidates Highlight Gender, UN Reform, Inclusiveness [viewed]

United Nations12 July 2016: UN General Assembly (UNGA) President Mogens Lykketoft held a Townhall event for candidates for the position of next UN Secretary-General to discuss their vision. The event was globally televised live by Al Jazeera Media Network. Ten of the 12 current candidates participated, discussing the challenges and opportunities facing the UN, and taking questions from UN Member States and the public, both from the floor and via video.

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Petersberg Climate Dialogue VII Builds Momentum toward Paris Agreement Implementation [viewed]

germany_morocco5 July 2016: During the seventh Petersberg Climate Dialogue, themed 'Making the Paris Agreement a Reality,' the 35 countries in attendance focused on swift implementation of the Paris Agreement. The German hosts announced a global partnership to support the implementation of nationally determined contributions (NDCs) and indicated their intent to conclude the steps in the German ratification process before the 22nd session of the Conference of the Parties to the UNFCCC (COP 22) in November 2016.

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June 2016 Climate Finance Update: Funds Meet, Non-state Actor Engagement Accelerates [viewed]

june20165 July 2016: This issue of the Climate Finance Update features recent global and regional news on climate finance activities by a variety of intergovernmental actors. Several climate funds met in June to make decisions on strategy and funding. A number of disaster recovery and resilience projects received funding in Asia and Africa. The World Bank highlighted developments in carbon pricing, and some concrete measures were taken to increase the engagement of non-state actors in climate financing.

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Mitigation Update: Southeast Asian Forest, European Transport Emissions Increasing, Cities and Businesses Scale-up Action [viewed]

july_mitigation_update4 July 2016: According to expert participants at a workshop in Paris, France, on 21 June, opportunities posed by solutions that cut across multiple energy end-use sectors are key to redefining climate ambition under the Paris Agreement's objective to keep global temperature rise to well below 2°C above pre-industrial levels, and aiming at 1.5°C. This Mitigation Update highlights recently-published information on emissions and solutions, as well as numerous events related to mitigation, in a variety of key sectors, such as forests, transport, cities, private companies and finance.

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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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G20, IEA, IRENA Examine Progress Toward Clean Energy Supply [viewed]

g20_iea_irena

30 June 2016: Meeting on 29-30 June, in Beijing, China, the Group of Twenty (G20) energy ministers focused on the expansion of energy access, alternative energy sources and energy efficiency. Just prior to the ministerial meeting, on 28 June, the third meeting of the G20's Energy Sustainability Working Group also convened.

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GCF Board Approves Nine Projects, Adopts Risk and Investment Guidelines [viewed]

green-climate-fund-new30 June 2016: During its 13th meeting, the Green Climate Fund (GCF) Board approved nine new projects, totaling US$256.6 million in GCF funding. The Board also adopted interim risk and investment guidelines, approved resources for national adaptation planning processes and announced a US$200 million pilot for Enhanced Direct Access.

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Policy Update #34: July 2016 Monthly Forecast [viewed]

In July 2016, the UN High-Level Political Forum on Sustainable Development (HLPF) will hold its first meeting since governments adopted the Sustainable Development Goals (SDGs). All eyes will be on its discussions regarding follow-up and review of the 2030 Agenda for Sustainable Development, and the presentations of the first governments to volunteer for national reviews of their progress in implementing the SDGs.

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Adaptation and Loss and Damage Update: Regions Step up DRR Efforts and Resilience to El Niño, Human Mobility, Climate Change and Development Nexus Explored [viewed]

Adaptation_loss_and_damage30 June 2016: As May 2016 became the 13th consecutive month to break the global temperature records, the world's regions' need to adapt to the changing climate grew stronger. In 2015-2016, the periodic warming of the central to Eastern tropical Pacific, known as 'El Niño,' was the strongest since 1997-1998, causing some regions to receive more rain, and others to receive no precipitation. These changes impacted agriculture, food security and nutrition among the affected populations. During the past few weeks, the world's regions, States and sectors have redoubled adaptation efforts, focusing on building resilience and managing disaster risks. The news reported in this Update also demonstrate that the role of cooperation, innovation and knowledge dissemination in advancing climate change adaptation efforts cannot be underestimated.

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