Southwest Pacific

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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Guest Article #122: Towards a Third Decade of Connecting Science and Policy in the Asia-Pacific Region [viewed]

In just over three months' time, the Asia-Pacific Network for Global Change Research (APN) will celebrate its 20th anniversary of operations, carrying on its mission of connecting scientists in the global change community, enhancing scientific capacity of member country researchers, and strengthening science-policy interactions across the region.

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IEA Projects 2.1% Annual Growth in Coal Demand through 2019 [viewed]

IEA15 December 2014: The 2014 Medium-Term Coal Market Report, published by the International Energy Agency (IEA), finds that coal demand will continue to grow at an average annual rate of 2.1% until 2019. China is expected to account for three-fifths of that demand, while modest declines in coal consumption in the US and EU will be offset by growth in India's demand, according to the report.

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COP 20 Event Discusses Climate Finance Readiness [viewed]

limacop2012 December 2014: At the event 'Tools for Climate Finance Readiness: Building Capacity to Support Increased Finance Flows,' adelphi and Transparency International (TI) facilitated a discussion on various approaches to capacity building, such as through e-learning courses; social media; local media, civil society and youth training; programmes in financial planning, access to finance, delivering finance, and monitoring and reporting; and policy incentives.

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COP 20 Event Calls for Integrated Climate Risk Management [viewed]

limacop2011 December 2014: Investing now in disaster risk reduction (DRR) and resilience will pay off in the long-run, according to an event convened on the margins of the Lima Climate Change Conference. The event, titled 'Integrated Climate Risk Management (ICRM) for a Resilient World,' highlighted ICRM as an efficient and effective approach to reduce the risk of future losses and damages due to climate change.

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GCF COP 20 Event Considers 2015 Prospects [viewed]

limacop2011 December 2014: The Green Climate Fund (GCF) Secretariat organized an event on the sidelines of the Lima Climate Change Conference to raise awareness on priorities for the GCF Board and Secretariat in 2015, as well as support for country actions. The event, titled 'GCF Outlook - Prospects for the GCF in 2015,' was also an opportunity to address concerns among parties about potential inaccessibility of funds, especially for middle-income small island developing States (SIDS).

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SPREP's EbA, Ridge-to-Reef Approach to Support Resilience, Reforestation in Solomon Islands [viewed]

SPREP8 December 2014: The Secretariat of the Pacific Regional Environment Programme (SPREP) is implementing an ecosystem-based adaptation (EbA) project to rehabilitate and restore forests in Choiseul province, Solomon Islands. The project will also promote soil stability, reduce sediment flow and support water catchment areas.

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GSI COP 20 Event: Fossil-Fuel Subsidies Threaten Decarbonization Efforts [viewed]

limacop2010 December 2014: The Friends of Fossil-Fuel Subsidy Reform and the Global Subsidies Initiative (GSI) held an event on 'Maximizing Contributions to Emissions Mitigation from Fossil-Fuel Subsidy Reform' on the sidelines of the Lima Climate Change Conference. The event outlined support available to countries undergoing subsidy reform and launched the GSI publication 'The Impact of Fossil-Fuel Subsidies on Renewable Electricity Generation.'

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GCF Passes US$10 Billion Mark Following Pledges from Australia, Belgium [viewed]

australia-belgia9 December 2014: Pledges from Australia and Belgium to the Green Climate Fund (GCF) have pushed GCF capitalization over the US$10 billion threshold. Australia committed AU$200 million while Belgium pledged €51.7 million.

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COP 20 Event Showcases Joint Crediting Mechanism for Developing Countries [viewed]

limacop208 December 2014: The event 'Actions for Low-Carbon Development in Developing Countries through the Joint Crediting Mechanism (JCM)' covered current efforts and activities under the JCM. The JCM aims to facilitate the diffusion of low-carbon technologies, products, systems, services and infrastructure; the implementation of mitigation actions; and the sustainable development of 12 developing countries.

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