Asia

June 2015 Climate Finance Update [viewed]

june2015-climatefinance11 July 2015: During the month of June, the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the World Bank, the Adaptation Fund, the World Agroforestry Centre, the UN Office for Disaster Risk Reduction (UNISDR), the Caribbean Development Bank (CDB), the Global Environment Facility (GEF), the Green Climate Fund (GCF) and the UN Environment Programme (UNEP) DTU Partnership reported on climate finance projects and other related news. ADB, AfDB, GCF, the World Bank, the International Finance Corporation (IFC), the Partnership for Market Readiness (PMR), the Climate Investment Funds (CIF), the UNEP Finance Initiative (UNEP FI) and the International Fund for Agricultural Development (IFAD) launched publications.

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ITPGR Benefit-Sharing Project in India Identifies Climate-Resilient Crop Varieties [viewed]

ITPGR1 July 2015: The Benefit-Sharing Fund of the International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGR) has supported a project across several states in Northern India, with focus on screening varieties of rice and other crops for climate resilience and storing the material in newly established seed banks. The project was implemented by the civil society organization Gene Campaign, in collaboration with Bioversity International and with the participation of 25,000 farmers.

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China Submits INDC [viewed]

Flag of China30 June 2015: The UNFCCC Secretariat has announced that the Government of China has submitted its intended nationally determined contribution (INDC). According to its INDC, China intends to peak carbon dioxide (CO2) emissions by around 2030 and lower CO2 emissions per unit of gross domestic product (GDP) by 60-65% from 2005 levels by 2030. China is the 43rd Party to the UNFCCC to formally submit its INDC.

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EU, China Adopt Joint Statement on Climate Change [viewed]

eu-china29 June 2015: At the 17th bilateral summit between the EU and China, the two parties adopted a joint statement on climate change, recognizing it as "one of the greatest threats facing humanity" and agreeing to elevate climate change cooperation in their bilateral relations. The summit, which commemorated the 40th anniversary of EU-China diplomatic relations, concluded with the adoption of a summit declaration that acknowledges the critical role the two sides must play in addressing climate change.

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OECD: Energy Taxation Underutilized as Climate Change Mitigation Measure [viewed]

OECD_NEW25 June 2015: A report released by the Organisation for Economic Co-operation and Development (OECD) notes that energy taxes are one of the most effective policy tools for combating the negative effects of energy use. The report finds, however, that these taxes are currently "poorly aligned" with these negative effects, having limited impact on reducing energy use, increasing energy efficiency and shifting to alternative forms of energy.

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UNGA Holds High-Level Event on Climate Change [viewed]

HLE_Web-Graphics29 June 2015: "We must act with courage," UN General Assembly (UNGA) President Sam Kutesa told UN Member States gathered at the High-Level Event on Climate Change he hosted. He called for "bold, collective action" to "reverse the current trends and preserve our planet." The High-Level Event was convened at the midpoint between the 20th session of the Conference of the Parties (COP 20) to the UNFCCC and COP 21, and aimed to provide political momentum for an ambitious climate agreement.

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BASIC Ministers Outline Views on Paris Agreement [viewed]

Brazilian flag28 June 2015: Ministers from the four BASIC (Brazil, South Africa, India and China) countries convened for the group's 20th Ministerial Meeting on Climate Change to discuss: the outcomes of the previous sessions of the Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP); the upcoming sessions of the ADP; and the elements of the expected Paris Agreement.

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Event: 2015 Regional Forum on Climate Change [viewed]

The Regional Forum on Climate Change (RFCC), under the theme 'Low Carbon and Climate Resilient Societies: Bridging Science, Practice, and Policy,' will strive to build a common understanding of the issues that will face negotiators at the 21st session of the Conference of the Parties (COP 21) to the UNFCCC in Paris, France, in December 2015. Participants will work toward formulating implementable policies to combat the scientific realities of climate change. RFCC is being organized by the Asian Institute of Technology (AIT), the French Ministry of Foreign Affairs and International Development, the Association of Southeast Asian Nations (ASEAN) and the EU.  

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US, China Cooperate on CCS, Energy Efficiency and Clean Energy [viewed]

united_nations-china24 June 2015: The US and China have announced cooperation on two new carbon capture and storage (CCS) projects as part of ongoing climate change cooperation being undertaken by the US-China Climate Change Working Group (CCWG). The two projects and a number of other plans for further cooperation on climate change mitigation were announced during a series of high-level climate change events held between the two governments in Washington DC, US, from 22-23 June 2015.

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UN-REDD Reports on 2014 Activities [viewed]

unreddJune 2015: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) released its 'Sixth Consolidated Annual Progress Report,' which covers the Programme's achievements in 2014. Overall, the report notes that in 2014, 56 countries participated as partner countries with US$47.8 million in funding allocated to activities in 2014.

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