Latin America & the Caribbean

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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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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Climate Summit of the Americas Issues Climate Action Statement [viewed]

iisd_climate_summit9 July 2015: The Climate Summit of the Americas has issued the first-ever Pan-American Climate Action Statement leading up to the 21st session of the Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC), scheduled to take place in Paris, France, from 30 November to 11 December 2015. The Government of Ontario convened over 300 government, business and civil society leaders to foster and strengthen partnerships among jurisdictions for global climate action, and build motivation and support for carbon pricing.

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Poverty, Climate, Indicators in Focus of Stakeholder Input [viewed]

post2015July 2015: Civil society and other stakeholders issued policy briefs and articles with proposals and recommendations on the post-2015 development agenda and the proposed Sustainable Development Goals (SDGs), addressing, inter alia: the multi-dimensional poverty index; indicators; follow-up and review; the June version of the post-2015 zero draft; and potential impacts of climate change on achieving the SDGs.

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CARICOM Countries Address Renewable Energy, SIDS' Development, Climate Change [viewed]

CARICOM5 July 2015: The 36th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) focused on energy, bolstering education systems, and Haiti's "looming humanitarian crisis," among other issues. A high-level symposium on sustainable development convened on the sidelines of the Conference.

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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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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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