Europe

EC Awards €1 Billion to Demonstrate Low-Carbon Technologies [viewed]

European Union8 July 2014: The European Commission (EC) has announced the results of the second call for proposals under the New Entrants' Reserve 300 programme (NER 300), which is funded from the sale of 300 million emission allowances. The EC awarded one billion euro funding to 19 renewable energy projects for demonstration activities. A carbon capture and storage (CCS) project was selected for the first time under the programme.

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Event: 19th Meeting of the Major Economies Forum [viewed]

Laurent Fabius, Minister of Foreign Affairs and International Development, will co-chair this meeting of the Major Economies Forum on Energy and Climate. The MEF provides a platform for dialogue and political impetus bringing together the main greenhouse gas emitting countries. The 19th meeting will be co-hosted by the United States. Discussions will focus on issues related to the new global climate change agreement which is set to be adopted at the 21st session of the Conference of the Parties to the UNFCCC (COP 21) and 11th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol (CMP) to be held in 2015 in Paris. The MEF meeting will be followed immediately by the Petersberg Climate Dialogue, which will gather Ministers from about 35 countries, co-hosted by Germany and Peru, and will serve as a preparatory meeting for COP 20 and CMP 10, which are to take place in Lima, Peru, in December 2014.  

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European Commission Adopts Green Employment Initiative [viewed]

European Union2 July 2014: The European Commission has adopted a communication on the employment challenges and opportunities of a transition towards the green economy. The communication sets out an integrated framework for employment and labor market policies at the EU and national levels to support this transition.

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UN Secretary-General Meets with Business, Investors, Governments on Post-2015 Development Agenda [viewed]

United Nations Global Compact2 July 2014: The 2014 UN Global Compact Board meeting, chaired by UN Secretary-General Ban Ki-moon, focused on key priorities, including ongoing work to improve good governance, scale up corporate sustainability, and advance the private sector's role in the post-2015 development agenda. In his remarks to the Board, which held its biannual meeting at UN Headquarters in New York, US, on 2 July 2014, Ban said 2015 marks the 15th anniversary of the Global Compact, which is "the first and only public-private initiative of the UN based on network governance.”

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UNEP Discusses Financing Green Economy at UNEA [viewed]

UNEP25 June 2014: Environment leaders, policy makers and financial experts convened for the Symposium on Financing the Green Economy on the sidelines of the first meeting of the UN Environment Assembly (UNEA). The Symposium examined how private financial capital can be mobilized to deliver long-term sustainable prosperity, as a necessary complement to public expenditure. It was organized by the UN Environment Programme's Finance Initiative (UNEP FI) and the UNEP Inquiry on The Design of a Sustainable Financial System (UNEP Inquiry), and took place on 25 June 2014, in Nairobi, Kenya.

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Managers Discuss Challenges Facing Island and Coastal Biosphere Reserves [viewed]

Unesco1 July 2014: Representatives from 26 biosphere reserves from 19 countries issued a joint statement following the Fourth Meeting of the Global Network of Island and Coastal Biosphere Reserves. The statement notes challenges and threats faced by these sites related to climate change and natural disasters; water, energy and food self-sufficiency; and waste management.

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UN-REDD Highlights UNEA Events and Outcomes [viewed]

UN-REDD Programme1 July 2014: The UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD) released the July 2014 edition of its newsletter, which highlights a number of REDD+ related outcomes from the first UN Environmental Assembly (UNEA). In particular, the newsletter notes that during discussions on financing a green economy, REDD+ emerged as an opportunity for the promotion of sustainable development pathways.

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June 2014 Sustainable Energy Finance Update [viewed]

World Bank, IDB, GEF, EIB, EBRD, CIF, ADB, AFDB1 July 2014: During the month of June, the World Bank, the Global Environment Facility (GEF), the Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the Inter-American Development Bank (IDB) undertook activities and approved funding for sustainable energy projects in various countries, including: Kazakhstan, Moldova, Ukraine, Slovakia, Sweden, Ecuador, the Dominican Republic, Japan and South Africa.

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Neman Basin Countries Discuss Climate Change Adaptation [viewed]

UNECE26 June 2014: Participants at the Neman Basin conference agreed that the consequences of climate change on water resources in the Neman Basin require basin-level action. The meeting took place within the context of a project on river basin management and climate change adaptation, which is led by the UN Economic Commission for Europe (UNECE) and the UN Development Programme (UNDP) Belarus.

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Second SCF Forum Focuses on Mobilizing Adaptation Finance [viewed]

UNFCCC22 June 2014: The second Forum of the Standing Committee on Finance (SCF) focused on sharing experiences, best practices and new ideas related to adaptation finance, with a view to encouraging greater mobilization of resources to aid countries in coping with the onset of climate change impacts.

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