Africa

G20 Finance Ministers Recognize Role of Green Investment for Sustainable Growth [viewed]

g20-201625 July 2016: The Group of 20 (G20) Finance Ministers and Central Bank Governors' July meeting addressed green and climate finance. During the meeting, the G20 Green Finance Study Group (GFSG) and Climate Finance Study Group (CFSG) presented their reports. In their final communiqué, the Ministers and Governors recognize the need to scale up green financing and express interest in promoting voluntary principles for green finance.

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23rd Session of FAO COFO Supports 'New Agenda for Forests' [viewed]

cofo2325 July 2016: Participants of the 23rd session of the Committee on Forestry (COFO) of the Food and Agriculture Organization of the UN (FAO), which convened in conjunction with the 5th World Forest Week, involved a series of discussions, events and publication launches under the theme, 'Shaping a new agenda for forests.'

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DCF Addresses Development Financing, Policy Instruments for 2030 Agenda, Paris Agreement [viewed]

ecosoc7022 July 2016: The 2030 Agenda for Sustainable Development and the Paris Agreement on climate change will require “an unprecedented multilateral cooperation,” underlined participants at the UN Economic and Social Council's (ECOSOC) fifth biennial high-level meeting of the Development Cooperation Forum (DCF). During the two-day meeting, representatives from governments, UN agencies, and civil society discussed the role of various types of development financing and related policy changes necessary for the implementation of the 2030 Agenda and other international agreements signed in 2015.

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Regional Dialogues on NDC Implementation Launched [viewed]

regional_dialogue19 July 2016: In the lead-up to the Marrakesh Climate Change Conference, a number of international partners and national governments are holding discussions on the next steps toward implementation of climate action plans, known as nationally determined contributions (NDCs) under the Paris Agreement. The first of these dialogues took place from 19-21 July 2016, in San José, Costa Rica, and analyzed Latin American and Caribbean NDCs.

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UNCTAD to Play "Central Role" in Achieving SDGs [viewed]

unctad1425 July 2016: Delegates agreed to give the UN Conference on Trade and Development (UNCTAD) a central role in achieving the Sustainable Development Goals (SDGs), by adopting a framework that will guide UNCTAD's work over the next four years, and that is primarily focused on realizing the 2030 Agenda for Sustainable Development. The 14th session of UNCTAD (UNCTAD 14) resulted in a political declaration and the ‘Nairobi Consensus,' on providing technical assistance to ensure that globalization and trade benefit people in developing countries.

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Energy Initiatives Reduce Emissions, Increase Access to Modern, Efficient Technology [viewed]

Energy Initiatives Reduce Emissions20 July 2016: Announcements from various intergovernmental organizations over recent weeks hold promise for reducing emissions from the energy sector and increasing participation in the energy economy. Whether toolkits guiding decision makers on energy-related issues or technological analysis, the initiatives described below contribute to the implementation of both the Paris Agreement and Sustainable Development Goals (SDGs) 7 (Ensure access to affordable, reliable, sustainable and modern energy for all) and 13 (Take urgent action to combat climate change and its impacts).

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UNEP-IRP Warns Against Rising Natural Resource Use [viewed]

unep_irp20 July 2016: Increasing consumption intensified by a growing middle class has tripled primary materials extraction over the last 40 years, with the richest countries consuming around ten times as much as the poorest countries, according to a report published by the UN Environment Programme (UNEP)-hosted International Resource Panel (IRP).

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Event: UN Paris Climate Agreement: Toward Entry into Force [viewed]

UN Secretary-General Ban Ki-moon has invited leaders from all countries to attend a special event on 21 September 2016, at UN Headquarters in New York, from 8:00-9:00 am to deposit their instruments of ratification, acceptance, approval or accession to the Paris Agreement on climate change. The event will also provide an opportunity to other countries to publicly commit to joining or ratifying the agreement before the end of 2016. The Paris Agreement will enter into force 30 days after at least 55 countries, accounting for 55% of global GHG emissions, deposit their instruments of ratification or acceptance.  

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Montreal Protocol Parties Make Progress Towards HFC Amendment [viewed]

oewg3725 July 2016: Participants at a series of three meetings under the Montreal Protocol on Substances that Deplete the Ozone Layer discussed proposed amendments to phase down hydrofluorocarbons (HFCs), concluding work on generating solutions to the stated challenges contained in the Dubai Pathway on HFCs, with an agreement on possible funding solutions. However, Parties were unable to conclude all of their work, and suspended the 38th Open-Ended Working Group (OEWG 38).

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Terrestrial Ecosystems Finance Update: GEF Council Approves Work Program and Projects, Forest Finance in Focus [viewed]

terrestial_ecosystem_finance19 July 2016: Over recent months, the Global Environment Facility (GEF) Council and the governing bodies of the Climate Investment Funds (CIFs) met, adopting forest-related initiatives, including some of relevance to reducing emissions from deforestation and forest degradation in developing countries (REDD+). This Update covers these and other meetings related to the financing of activities on terrestrial ecosystems, as well as recent projects and publications in this area.

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