Latin America & the Caribbean

July 2015 Climate Finance Update [viewed]

climate_finance_au20151 August 2015: During the month of July, the Asian Development Bank (ADB), the Inter-American Development Bank (IDB), the World Bank, the Adaptation Fund, the International Fund for Agricultural Development (IFAD) and the Nordic Environment Finance Corporation (NEFCO) reported on climate finance developments. ADB, the European Investment Bank (EIB), IDB, the World Bank, the Adaptation Fund, the Climate Investment Funds (CIF), the Green Climate Fund (GCF), the International Finance Corporation (IFC) and the UN Environment Programme DTU Partnership (UDP) released climate finance-related publications, articles and videos. The Caribbean Development Bank (CDB), CIF, GCF and the World Bank published news on climate-related events.

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July 2015 Sustainable Energy Finance Update [viewed]

july2015_se_finance1 August 2015: During the month of July, the African Development Bank (AfDB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Global Environment Facility (GEF), the Inter-American Development Bank (IDB) and the World Bank announced sustainable energy project funding and initiatives. The Asian Development Bank (ADB), AfDB, the European Commission, EIB and the World Bank also released publications on financing and deploying clean energy.

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ITTO Releases 2014 Annual Report [viewed]

IttoJuly 2015: The International Tropical Timber Organization (ITTO) has published its annual report, highlighting progress achieved in 2014 through field projects, policy work and research. The publication summarizes the adoption of the Voluntary Guidelines for the Sustainable Management of Natural Tropical Forest, the release of the 'Rewarding the Service Providers' policy brief, and the organization of the International Forum on Payments for Environmental Services of Tropical Forests, among other activities.

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Montreal Protocol Inches Closer to Negotiations on HFC Phase-down [viewed]

iisdrs-oewg3624 July 2015: The 36th meeting of the Open-Ended Working Group (OEWG 36) of the parties to the Montreal Protocol on Substances that Deplete the Ozone Layer (MP) devoted most of its time to addressing hydrofluorocarbons (HFCs), a group of greenhouse gases (GHG) widely used in the refrigeration, air conditioning, foam and aerosol sector as a substitute for ozone-depleting substances (ODS).

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Major Economies Forum Discusses Elements of a Legally-Binding Climate Agreement [viewed]

mef19 July 2015: At its 22nd meeting, the Major Economies Forum on Energy and Climate (MEF) focused on issues related to the global climate change agreement that is expected to be adopted at the 21st session of the Conference of the Parties (COP 21) to the UNFCCC. The participating economies, mostly represented at the ministerial level, discussed their views on the legal form and contents of the agreement. Despite diverse positions on these aspects, the co-chairs called the meeting "productive" and "very constructive."

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Study Provides Valuation of Benefits of Indonesian Forests [viewed]

unorcid8 July 2015: A report undertaken by the UN Office for REDD+ Coordination in Indonesia (UNORCID) concluded that an additional US$600 million annually is needed to maintain current Indonesian forest cover and enable forests to deliver critical ecosystem services, with REDD+ acting as a catalyst for the rehabilitation of forest and forest ecosystem services.

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UNESCO Reports on Climate Change Education Activities [viewed]

UNESCO21 July 2015: A report by the UN Educational, Scientific and Cultural Organization (UNESCO) reviews the organization's recent work to support education policymakers and educators of teachers to incorporate climate change into their curriculum. The report, titled 'Not Just Hot Air: Putting Climate Change Education into Practice,' presents results and lessons learned from country pilots in the Dominican Republic, Guyana, Mauritius, Tuvalu and South Africa.

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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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African, Caribbean and Pacific Countries Discuss COP 21 Position [viewed]

uneca-gcca1 July 2015: UNFCCC Parties from Africa, the Caribbean and the Pacific gathered for a Joint Policy Discussion geared toward finding a common position ahead of the 21st session of the Conference of the Parties (COP 21), scheduled to take place in November-December 2015, in Paris, France. According to the UN Economic Commission for Africa (UNECA), co-host of the Discussion with the Global Climate Change Alliance (GCCA), participants unanimously expressed concern about the difficulty of adaptation in the current state of climate politics and finance.

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GCF Set to Review First Project Proposals [viewed]

green-climate-fund-new10 July 2015: The 10th meeting of the Board of the Green Climate Fund (GCF) decided on policies and procedures that will enable a review of the Fund's first project proposals at the GCF Board's 11th meeting, with an eye on making financing decisions ahead of the 21st session of the Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC). The Board also accredited 13 new partner institutions, and launched a US$200 million pilot programme for enhancing direct access to the GCF.

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