Europe

European Environment and Space Agencies Sign MoU on Earth Observation [viewed]

eea-esa15 July 2015: Under a Memorandum of Understanding (MoU) signed by the European Environment Agency (EEA) and the European Space Agency (ESA), the two agencies have agreed to exchange scientific expertise and technical information to strengthen work on Earth observation and environmental monitoring. Coming into effect immediately, the MoU will promote joint activities and mutual access to data.

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IISD GSI Event: Fossil-Fuel Subsidies Reform Can Finance Development [viewed]

gsi-fffsr 14 July 2015: Reforming fossil-fuel subsidies can free up funds for investing in sustainable development and reduce global greenhouse gas (GHG) emissions by approximately 10%, according to a high-level side event held at the Third International Conference on Financing for Development (FfD3) in Addis Ababa, Ethiopia. Participants also underlined that current low international energy prices create a window of opportunity for fossil-fuel subsidy reform.

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Event: Third Meeting of the Pacific Meteorological Council (PMC-3) [viewed]

PMC-3 is convening under the theme, 'Sustainable Weather and Climate Services for a Resilient Pacific,' and will bring together PMC members, development partners, the Council of the Regional Organisations in the Pacific (CROP), collaborating organizations and institutions. PMC-3 will seek to: facilitate coordination and networking among all stakeholders; facilitate discussions on issues related to advancing meteorological and hydrological services in the Pacific; and provide an opportunity to share experiences/initiatives and review progress of the Pacific Island Meteorological Strategy (PIMS) 2012-2021. Expected outcomes include strengthened integration and coordination with development partners, and guidance on further implementation of the PIMS 2012-2021 and other relevant meteorological programmes and strategies. PMC-3, which the Government of Tonga is hosting, will be held back-to-back with the first Pacific Ministerial Meeting on Meteorology (PMMM), which will bring together Cabinet Ministers responsible for meteorology and senior officials in the Pacific Islands and Territories to discuss, promote and explore avenues for resources for weather and climate services in order to contribute more effectively to the sustainable development needs of the Pacific Island Countries. Both meetings are the result of partnerships between the Government of Tonga, the Government of Finland through its partnership with the Secretariat of the Pacific Regional Environment Programme (SPREP) under the Finnish-Pacific (FINPAC) Project, the World Meteorological Organization (WMO), the Australian Bureau of Meteorology and the National Oceanic and Atmospheric Administration (NOAA).  

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Event: Major Economies Forum on Energy and Climate (MEF) [viewed]

The second meeting of the MEF in 2015 is scheduled for 18-19 July 2015, in Mondorf-les-Bains, Luxembourg. The meeting will be chaired by Caroline Atkinson, Deputy Assistant to the President and Deputy National Security Advisor for International Economics, and Todd Stern, Special Envoy for Climate Change. The MEF intends to convene four times in 2015. The Forum, launched in 2009 by US President Barack Obama, is aimed at facilitating candid dialogue among major emitting countries, both developed and developing, to garner the political leadership needed to advance efforts against climate change. The 17 major economies participating are: Australia, Brazil, Canada, China, the EU, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, South Africa, the UK and the US.  

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MDBs Adopt Principles for Tracking Climate Adaptation Finance [viewed]

mdbs_png9 July 2015: Six multilateral development banks (MDBs) and the International Development Finance Club (IDFC) have released a document titled 'Common Principles for Climate Change Adaptation Finance Tracking,' which outlines the approach the banks have agreed to take in measuring adaptation finance commitments and flows. The common approach is expected to improve consistency in reporting and consequently boost confidence that funds are flowing to vulnerable societies dealing with climate change impacts.

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BRICS to Operationalize New Development Bank, Strengthen Energy Cooperation [viewed]

brics9 July 2015: At its seventh annual summit, the BRICS group of countries (Brazil, the Russian Federation, India, China and South Africa) announced the BRICS Economic Partnership Strategy through 2020, which aims to strengthen ties in energy, high technology, agriculture, science and education. The BRICS also adopted the New Development Bank and Contingent Reserve Arrangement, with a total capacity of US$200 billion.

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June 2015 Sustainable Energy Finance Update [viewed]

june20151 July 2015: During the month of June, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European Commission, the European Investment Bank (EIB), the Global Environment Facility (GEF), the Inter-American Development Bank (IDB) and the World Bank announced funding for sustainable energy projects. AfDB, ADB, EBRD, the European Commission and the World Bank also released publications on financing and deploying clean energy.

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UNECE Reviews Montenegro's Environmental Performance [viewed]

UNECEJuly 2015: The UN Economic Commission for Europe (UNECE) has released the third 'Environmental Performance Review' of Montenegro, which discusses policy-making, implementation and the financing of environmental policies and projects.

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Iceland, Republic of Korea, Serbia Submit INDCs [viewed]

iceland_korea_serbia30 June 2015: Iceland, the Republic of Korea and Serbia have formally submitted their intended nationally determined contributions (INDCs) to the UNFCCC Secretariat, bringing the total number of Parties to do so to 44. According to their respective INDCs, Iceland aims to contribute to European countries' collective target of reducing greenhouse gas (GHG) emissions 40% by 2030 compared to 1990 levels, the Republic of Korea plans to reduce its GHG emissions by 37% from the business-as-usual (BAU) level by 2030, and Serbia intends to reduce GHG emissions by 9.8% by 2030 compared to 1990 levels.

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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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