Latin America & the Caribbean

December 2014 Climate Finance Update [viewed]

Climate Finance Update19 December 2014: During December 2014, finance for climate change mitigation and adaptation projects was announced by the Asian Development Bank (ADB), the African Development Bank (AfDB), the Global Environment Facility (GEF), the Inter-American Development Bank (IDB) and the World Bank. Germany, Norway and the UK also reported on funding for projects to be undertaken in Africa, Asia and Latin America. The Caribbean Catastrophe Risk Insurance Facility (CCRIF), the Climate Investment Funds (CIF), the GEF and IDB released climate-related publications.

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COP 20 Presidency Endorses Lima Adaptation Knowledge Initiative [viewed]

limacop2014 December 2014: The Presidency of the 20th session of the Conference of the Parties (COP 20) to the UNFCCC has endorsed the Lima Adaptation Knowledge Initiative, announced by the UN Environment Programme (UNEP) and UNFCCC Secretariat at the Lima Climate Change Conference.

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FAO Reports on Mesoamerican LULUCF Workshop [viewed]

FAO16 December 2014: The Mesoamerican Workshop on National Emissions Inventories and Mitigation Plans in Agriculture, Land Use, Land-Use Change and Forestry (LULUCF) assisted 15 countries in identifying resources and methods in order to improve their reporting under the UNFCCC, according to the workshop's final report, released by the Food and Agriculture Organization of the UN (FAO). The report also relays the major challenges these countries face in both implementing and reporting on measures to address climate change.

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IDB Report Highlights Benefits of Green Market Guarantees [viewed]

IDBDecember 2014: The Inter-American Development Bank (IDB) has published a report highlighting the benefits of guarantees for green markets, including by responding to challenges of investing in low-carbon and climate-resilient technologies and activities in Latin America and the Caribbean (LAC). 'Guarantees for Green Markets: Potential and Challenges' underscores the important role that national development banks (NDBs) can play in structuring and funding credit-guarantee schemes for domestic markets, and their unique position and capacities to effectively design, implement and promote green market investments.

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LAC Countries Exchange REDD+ Experiences [viewed]

unredd12 December 2014: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) released the outcomes from a South-South exchange on developing REDD+ strategies in Latin America and the Caribbean. The exchange allowed for countries in the region to learn and share experiences, and to develop specific actions to further national REDD+ readiness processes.

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ECLAC: Reducing Carbon Footprints Can Increase Competitiveness [viewed]

ECLAC11 December 2014: Measuring and reducing the carbon footprints of production processes in Latin America and the Caribbean could improve the insertion in global trade of countries in the region, according to a side event hosted by the UN Economic Commission for Latin America and the Caribbean (ECLAC) at the Lima Climate Change Conference.

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ECLAC Warns Against Increasing Climate Change Impacts in LAC [viewed]

ECLAC10 December 2014: A report, published by the Economic Commission for Latin America and the Caribbean (ECLAC), warns that climate change impacts in the region are already significant and will likely become more intense in the future. The report, titled ‘The economics of climate change in Latin America and the Caribbean: Paradoxes and challenges of sustainable development,' was presented during the UN Climate Change Conference in Lima, Peru, in December 2014.

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ECLAC, IDB, Peru Study the Economics of Climate Change in Peru [viewed]

eclac-idb10 December 2014: A joint study by the Peruvian Government, the Economic Commission for Latin America and the Caribbean (ECLAC) and the Inter-American Development Bank (IDB) predicts that the fishing, agriculture and livestock in the high Andes sectors will be the most affected by climate change in Peru in the coming years.

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Lima Call for Climate Action Lays Foundation for 2015 Agreement in Paris [viewed]

cop20-closing14 December 2014: The Lima Climate Change Conference concluded with the Lima Call for Climate Action, which lays the groundwork for a 2015 climate agreement in Paris, including rules on how countries can submit intended nationally determined contributions (INDCs) during the first quarter of 2015.

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UNF Event Reviews Energy Access Initiatives and Progress [viewed]

limacop2012 December 2014: The goal of universal energy access by 2030 is "ambitious but achievable," according to a side event at the Lima Climate Change Conference organized by the UN Foundation (UNF) and Women Environmental Programme (WEP) Nigeria. The event, titled 'Achieving Universal Energy Access: A Development Imperative in Addressing Climate Change,' outlined key issues around energy access and highlighted UNF efforts on the UN Secretary-General's Sustainable Energy for All (SE4ALL) initiative.

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