Near East

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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Second SE4ALL Forum to Highlight Finance, First UN Global Energy Ministerial Dialogue [viewed]

SE4ALL14 May 2015: The Sustainable Energy for All (SE4ALL) initiative is set to convene the Second Annual SE4ALL Forum under the theme ‘Financing Sustainable Energy for All'. The Forum, to be held from 18-21 May 2015, at UN Headquarters in New York, US, will include the launch of the Global SE4ALL Commitment Platform, two-days of Multi-Stakeholder sessions and the first-ever Global Energy Ministerial Dialogue at the UN.

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FfD3 Opens First Additional Drafting Session [viewed]

logo_ffdiii12 May 2015: UN Member States convened for the first additional drafting session of the Outcome Document of the Third International Conference on Financing for Development (FfD 3). On the first day, delegates provided general feedback on the revised draft of the Addis Ababa Accord, and considered the first nine paragraphs of the document in paragraph-by-paragraph negotiations.

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24 Mediterranean Mayors Sign Climate Change Covenant [viewed]

convenant_of_mayors6 May 2015: Twenty-four mayors and representatives of local authorities from six Union of the Mediterranean members have signed onto the Covenant of Mayors, thus committing themselves to help reduce carbon emissions.

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Arab High-Level Forum Highlights CBDR, Enabling Environment for Achieving Sustainable Development [viewed]

escwa_bahrain7 May 2015: The second session of the Arab High-Level Forum on Sustainable Development concluded with adoption of the Bahrain Document, which highlights the importance of common but differentiated responsibilities (CBDR) and the need to promote an enabling environment for achieving sustainable development in the post-2015 era.

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Update on Doha Amendment Ratification [viewed]

UNFCCC8 May 2015: Since the month of February, the UNFCCC Secretariat has reported that Ecuador, Grenada, Liechtenstein, the Marshall Islands, Namibia, Palau and South Africa have accepted the Doha Amendment, which formalizes commitments for the second commitment period of the Kyoto Protocol (2013-2020). These announcements bring the total number of parties that have deposited their instruments of acceptance to 30.

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