Near East

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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Eye on Earth Launches Data Innovation, Visualization, Blogging Competitions [viewed]

Eye on Earth16 July 2015: The organizers of the Eye on Earth Summit have announced three data innovation challenges for which the finalists will have the opportunity to present their ideas at the Summit in Abu Dhabi, United Arab Emirates (UAE). The three competitions launched are the Data Innovation Showcase, Data Visualization Challenge and Blogging Competition, all of which support the Summit in its focus on using data to secure a better future for the planet.

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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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Montpellier Declaration Urges Coordinated Action on Climate Change, Land Degradation [viewed]

desertifactions13 June 2015: More than 300 participants from 57 countries attending Désertif'actions 2015 (D'a15) - an international civil society forum on combating desertification and land degradation - adopted the Montpellier Declaration, highlighting the “undeniable link” between land degradation, sustainable development and international stability, “in a context of present and future impacts of global warming.”

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Multilateral Development Banks Report 19% Increase in Climate Finance [viewed]

mdbs-logos-pr-header16 June 2015: Six multilateral development banks (MDBs) have launched the fourth edition of their annual joint report on climate finance. The report finds that, in 2014, the MDBs committed more than US$28.35 billion in financing to developing countries and emerging economies, with US$23.28 billion dedicated to mitigation efforts, and US$5.07 billion to adaptation work.

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UAE, UNEP FI Hold Sixth National Green Economy Conference [viewed]

uae_unep25 May 2015: The United Arab Emirates (UAE) held its sixth national Green Economy Annual Conference in cooperation with the UN Environment Programme (UNEP) Finance Initiative (FI). The Conference highlighted the UAE Government's green economy initiatives, including its national 'State of Green Economy' report, which was launched at the Abu Dhabi Sustainability Week in January 2015.

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GEF Council Approves Largest Proposed Work Program in History of GEF Financing [viewed]

Participants at the 48th meeting of the GEF Council 4 June 2015: The 48th meeting of the Global Environment Facility (GEF) Council adopted the largest proposed Work Program in the history of GEF financing, involving a total of US$709 million of GEF Trust Fund resources, plus an indicative amount of US$4.81 billion in co-financing. The Work Program encompasses Integrated Approach Pilots (IAPs) on sustainable cities, food security in sub-Saharan Africa, and taking deforestation out of commodity supply chains, as well as other projects and programs.

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ESCAP 71 Establishes Energy Committee, Disaster Information Centre [viewed]

UNESCAP29 May 2015: The UN Economic and Social Commission for Asia and the Pacific (ESCAP) adopted 14 resolutions at its 71st session, including agreement to promote transport and information and communications technology (ICT) links, establish a centre to share and manage disaster information, and create a Committee on Energy.

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May 2015 Sustainable Energy Finance Update [viewed]

AfDB-ADB-EBRD-EIB-GEF-IDB-OPEC-World BankMay 2015: In May, the African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Global Environment Facility (GEF), Inter-American Development Bank (IDB), OPEC (Organization of the Petroleum Exporting Countries) and World Bank announced funding for sustainable energy projects.

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