Southwest Pacific

Seychelles, Gambia Sign Paris Agreement, Doha Amendment Reaches 65 Ratifications [viewed]

UNFCCC3 May 2016: Seychelles and the Gambia signed the Paris Agreement on 25 and 26 April respectively, signaling their intent to ratify the Agreement and their political will to implement it. These two signatures follow 175 that were garnered on 22 April at a High-Level Signing Ceremony hosted on the day the Agreement opened for signature.

read more »

Sustainable Energy Finance Update: Public Finance Leverages Private Flows to Renewables [viewed]

energy_finance1 May 2016: Universal access to affordable, reliable, sustainable and modern energy, the

seventh of the Sustainable Development Goals (SDGs) agreed last year, starts with access to finance. Looking at the sustainable energy finance news coming out of April, a number of initiatives went beyond simply funding projects. They also built the capacity of developing country governments and companies to develop energy efficiency, energy access and renewables projects that will qualify for finance. Similarly, many of the finance flows were intended to make projects more attractive to private sector investments, compounding the impact of public funds.

read more »

Transparency and Compliance Update: Australia, New Zealand Inventory Review Reports and 17 True-Up Period Review Reports Released [viewed]

unfccc_fao2 May 2016: How does one ensure Parties are fulfilling their climate change commitments? The answer is a transparency and compliance regime. Transparency is vital for building international trust and confidence that action to address climate change is taking place, as well as for assessing how to facilitate further action. In the last month, documents issued by the UNFCCC Secretariat put Australia, Liechtenstein and New Zealand under the microscope, along with 17 developed countries that participated in the true-up period of the Kyoto Protocol's first commitment period (CP1). A number of activities related to transparency for developing countries also took place.

read more »

April 2016 Climate Finance Update: Key Meetings Mobilize Action, Adaptation Put under the Spotlight [viewed]

climate_finance_april_20161 May 2016: In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway towards low greenhouse gas (GHG) emissions and climate-resilient development.” Developing countries will receive financial resources for both mitigation and adaptation actions, while developed countries are expected to continue to lead in mobilizing climate finance from a variety of sources, with public funds playing a significant role in reaching the previously agreed US$100 billion annual target by 2020. Monthly IIDS RS Climate Finance Updates aim to help track multilateral financing to support the finance goal agreed under the UNFCCC, which will in turn contribute to the implementation of Sustainable Development Goal (SDG) 13 (Take urgent action to combat climate change and its impacts).

read more »

Policy Update #32: Monthly Forecast: May 2016 [viewed]

After a full schedule of high-profile events, statements, and commitments in April, policy work in May 2016 will be guided by key documents on sustainable development.

read more »

ESCAP Toolkit Builds Capacity for Flood Forecasting and Early Warning [viewed]

un_rimes25 April 2016: The UN Economic and Social Commission for Asia and the Pacific (ESCAP) has launched a toolkit to help flood management practitioners in transboundary river basins improve their flood forecasting and early warning capabilities, drawing on real-time satellite data and flood modeling techniques.

read more »

Major Economies Forum Considers Paris Agreement Implementation [viewed]

major_economies_forum24 April 2016: Two days after 175 Parties to the UNFCCC signed the Paris Agreement, the Major Economies Forum on Climate and Energy (MEF) met in New York, US, and contemplated how to continue the momentum ushered in by the adoption of the Agreement by the 21st session of the Conference of the Parties to the UNFCCC (COP 21). The 24 April meeting was the first time the MEF, which includes the world's largest emitters, convened since the Agreement was adopted in December 2015.

read more »

175 Parties Sign Paris Agreement, 15 Ratify Agreement on Earth Day [viewed]

iisdrs_paris_agreement22 April 2016: During the High-Level Signature Ceremony for the Paris Agreement on Climate Change held at the UN Headquarters in New York, US, on 22 April 2016, 175 Parties to the UNFCCC signed the Paris Agreement (174 countries and the EU), the largest ever number of first-day signatures to an international agreement. Of the 175 Parties that participated in the ceremony, 15 States deposited instruments of ratification. The signature ceremony was preceded, on 21 April, by the High-Level Thematic Debate on Achieving the Sustainable Development Goals (SDGs), which highlighted the interlinkages among the actions necessary to address climate change and foster sustainable development, and a briefing on forest conservation and restoration that discussed the implications of the formal signing of the Paris Agreement.

read more »

G20 Finance Ministers, Central Bank Governors Call for Scaling Up Climate Financing [viewed]

g20-201615 April 2016: A communiqué issued by the Group of Twenty (G20) Finance Ministers and Central Bank Governors Meeting calls for the Green Climate Fund (GCF) to continue scaling up its operations, and stresses the importance of monitoring and transparency of climate finance. In the communiqué, the ministers and governors also give further guidance to the G20 Green Finance Study Group (GFSG) for its July 2016 report and reaffirm their commitment to rationalizing and phasing out inefficient fossil fuel subsidies.

read more »

Implementation Update: As Governments Prepare for Paris Agreement Signing Ceremony, Carbon Pricing in the Spotlight [viewed]

paris_agreement_ceremony21 April 2016: In the lead up to the Paris Agreement on climate change Signing Ceremony, various events have added to the growing momentum of what is expected to be one of the largest ever signing events. In the shadow of the announcement by the US National Oceanic and Atmospheric Administration (NOAA) that March 2016 recorded the highest combined global average temperature of any March since 1880, the growing number of countries expected to sign the Paris Agreement on 22 April is also on track to set a record. This Implementation Update summarizes activities by UNFCCC Parties as they focus on mitigating and adapting to these warming trends, especially following the adoption in 2015 of the Paris Agreement and in the context of the Sustainable Development Goals (SDGs). It includes: recent buzz around market mechanisms, carbon pricing and scaling private sector involvement; the growing impetus ahead of the High Level Signing Ceremony; an outlook to the May session of the UNFCCC; good news about European cars; and Fiji's post-disaster recovery efforts.

read more »