Southwest Pacific

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.

read more »

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.

read more »

UN-REDD Reports on 2014 Activities [viewed]

unreddJune 2015: The UN Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD) released its 'Sixth Consolidated Annual Progress Report,' which covers the Programme's achievements in 2014. Overall, the report notes that in 2014, 56 countries participated as partner countries with US$47.8 million in funding allocated to activities in 2014.

read more »

ECOSOC Humanitarian Affairs Segment Highlights Financing Needs, Sendai Framework [viewed]

ecosoc-has19 June 2015: The 2015 Humanitarian Affairs Segment of the UN Economic and Social Council (ECOSOC) adopted a resolution encouraging UN Member States to support climate change adaptation and strengthen early warning systems, welcoming the adoption of the Sendai Framework for Disaster Risk Reduction (DRR) 2015-2030 and the holding of the first World Humanitarian Summit in Istanbul, Turkey, in May 2016. It also called for integrating work on development and humanitarian issues.

read more »

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.

read more »

World Oceans Day Highlights Importance of Healthy Oceans [viewed]

World Oceans Day8 June 2015: The world has celebrated World Oceans Day, which took place under the theme, ‘Healthy oceans, healthy planet.' The day drew attention to the importance of protecting and sustainably managing the world's oceans as well as the central role of oceans in biodiversity, climate, hydrology and other Earth systems.

read more »

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.

read more »

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.

read more »

UNDP, UNEP Support Environment and Climate Mainstreaming for Poverty Reduction [viewed]

UNDP UNEPMay 2015: The UN Development Programme (UNDP) – UN Environment Programme (UNEP) Poverty-Environment Initiative (PEI) has published the second edition of a report, titled 'Mainstreaming environment and climate for poverty reduction and sustainable development: A handbook to strengthen planning and budgeting processes,' which supports the integration and implementation of pro-poor, environmental sustainability objectives into national, subnational and sectoral development policies, plans and budgets to contribute to poverty alleviation and an inclusive, green economy.

read more »

GCF Set to Begin Funding Projects [viewed]

green-climate-fund-new23 May 2015: The Government of Japan and the Green Climate Fund (GCF) have signed a contribution arrangement confirming the conversion of Japan's pledge of US$1.5 billion equivalent, which carries the Fund over the required 50% threshold to begin allocating resources for projects and programmes in developing countries.

read more »