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Major Economies Forum Considers Paris Agreement Implementation

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.

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Outlook on Green Finance: Impetus Grows for Carbon Pricing, Clean Energy

cp_india_france_ndb25 April 2016: Over the past few days, announcements supporting carbon pricing and clean energy have been made. Ten leaders have issued a joint vision statement laying out the goal of doubling the percentage of global greenhouse gas (GHG) emissions covered by explicit carbon pricing to 25% by 2020, and of doubling it again to achieve 50% coverage within the next decade. In separate news, over 25 countries have pledged to unleash a potential investment flow of up to US$1 trillion into solar assets. And for its part, the New Development Bank has announced it will provide US$811 million in a first round of loans for clean energy projects in Brazil, China, India and South Africa.

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175 Parties Sign Paris Agreement, 15 Ratify Agreement on Earth Day

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.

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IMO Approves Mandatory Fuel Consumption Data Collection for Ships

imo_mandatoryfuelconsumption22 April 2016: In a step toward determining what possible climate change actions are needed from the international shipping sector, the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved a mandatory system for collecting data on ships' fuel consumption. Ships of 5,000 gross tonnage or more will have to record and report their consumption for every type of fuel they use to their flag State at the end of the calendar year. The flag State will determine whether the reporting meets requirements, issue a Statement of Compliance to the ship and transfer the data to the IMO Ship Fuel Consumption Database.

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IUCN, WCS Present Nature-based Solutions for Mitigation and Adaptation

iucn_wcs22 April 2016: The International Union for Conservation of Nature (IUCN) and the Wildlife Conservation Society (WCS) held an event to highlight initiatives at national, regional and local levels that mitigate and adapt to climate change through nature-based solutions. The event took place on the sidelines of the UN's signing ceremony for the Paris Agreement on climate change.

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

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.

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Development Partners Call for Increased Investment in Hydromet Services

gfdrr_wmo19 April 2016: The World Meteorological Organization (WMO) and the World Bank's Global Facility for Disaster Reduction and Recovery (GFDRR) convened a roundtable on 'Strengthening Hydrometeorological Services for Sustainable Development.' The event brought together over 50 high-level representatives of development agencies and weather and hydrological services, who supported improved coordination measures among donors at the national level, including: country-level modernization plans for national meteorological and hydrological services; development partners forums; and better indicator use to assess progress on services.

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

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.

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Vulnerable Countries Urge Financial Responses to Climate Change Consistent with 1.5°C Limit

v2014 April 2016: Finance ministers of the Vulnerable Twenty (V20) Group consisting of 43 developing countries 'systemically' vulnerable to climate change have agreed to advance climate change responses through financial action compatible with the goal of keeping the global temperature rise below 1.5°C above preindustrial levels, calling for swifter progress towards the developed countries' commitment of US$100 billion annually.

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February-April 2016 NAMA Update: NAMAs Receive Growing Attention as Implementation Tools Post-Paris

feb_nama_update201615 April 2016: Nationally appropriate mitigation actions (NAMAs) by developing countries, first introduced in the UN Framework Convention on Climate Change (UNFCCC) Cancun Agreements, are becoming an increasingly important vehicle supporting the implementation of the Paris Agreement, with significant co-benefits for the 2030 Agenda for Sustainable Development due to their alignment with national development strategies. This update focuses on individual NAMAs, and related support, events and activities, for the period from mid-February 2016 to mid-April 2016.

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IPCC Plans Special Reports on a 1.5°C Limit, Land Use and Oceans During AR6 Cycle

ipcc4313 April 2016: During the 43rd session of the Intergovernmental Panel on Climate Change (IPCC-43), the Panel considered its role in supporting the implementation of the Paris Agreement as the IPCC embarks on its sixth assessment cycle. In planning for the cycle, the IPCC decided to undertake three special reports (SRs), flag cities as an SR for the seventh assessment report (AR7) cycle, refine the IPCC 2006 Guidelines for National Greenhouse Gas (GHG) Inventories through a methodology report and integrate regional aspects more thoroughly into AR6. It was also announced that Abdalah Mokssit (Morocco) will be the next IPCC Secretary.

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ICAO's 2016 GLADs Collect Feedback on Proposed Global Market-Based Measure Scheme

Icao8 April 2016: During a second round of Global Aviation Dialogues (GLADs) on market-based measures (MBM) to address climate change, the International Civil Aviation Organization (ICAO) has presented draft Assembly resolution text to member States and other stakeholders in the five ICAO regions. Each GLAD provided participants the opportunity to learn about the design elements and implementation mechanisms of the MBM draft resolution text and to offer initial feedback during discussions.

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'Two Degrees of Change' Initiative Addresses Women's Role in Climate Action

newton11 April 2016: A new initiative aimed at accelerating progress on climate action and gender equality by forming a more joined-up approach and creating a “compounding effect” has been launched. The 'Two Degrees of Change' initiative is led by Helena Morrissey, CEO, Newton Investment Management (a global investment management firm), and Christiana Figueres, UNFCCC Executive Secretary. It will help achieve Sustainable Development Goal 13 (SDG 13) on taking urgent action to combat climate change and its impacts, and SDG 5 on achieving gender equality.

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Banks Pledge US$7 Billion for Clean Energy, World Bank Adopts Climate Change Action Plan

bloomberg_wbg7 April 2016: A number of private banks and the World Bank Group (WBG) have announced initiatives that will contribute to implementing the Paris Agreement on climate change, which was adopted in December 2015, as well as various Sustainable Development Goals (SDGs). By pledging US$7 billion, a group of eight banks and investors have joined the Bank of America's initiative aimed at stimulating US$10 billion for investments in clean energy and sustainable development. For its part, the WBG has announced its Climate Change Action Plan, which aims to support countries in delivering on their national climate plans, also referred to as Nationally Determined Contributions (NDCs) under the UNFCCC, and sets ambitious targets for 2020 in high-impact areas, including clean energy, green transport, climate-smart agriculture and urban resilience.

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Adaptation and Loss and Damage Update: Adaptation Committee and LDC Expert Group Begin Work under Paris Mandate, Climate Change Adaptation, DRR and Sustainable Development Interlinkages Come to the Fore

unfccc_unu_undp_une-_wcmc9 April 2016: Alongside the long-term goal of limiting temperature increase to well below 2°C above pre-industrial levels by 2100, the Paris Agreement on climate change includes a long-term adaptation goal, namely that of "enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change, with a view to contributing to sustainable development and ensuring an adequate adaptation response in the context of the temperature goal." Furthermore, the vast majority of national climate plans submitted in advance of Paris (or Intended Nationally Determined Contributions (INDCs)) included descriptions of countries' adaptation goals, priorities, actions and needs. This Adaptation Update is the first in a series that aims to track the implementation of the adaptation component of these INDCs, and progress towards the long-term adaptation goal of the Paris Agreement. The activities reported in this Update also contribute to the implementation of the Sustainable Development Goals (SDGs), especially SDG 13 (Take urgent action to combat climate change and its impacts), as well as SDG 1 (End poverty in all its forms everywhere), SDG 5 (Achieve gender equality and empower all women and girls) and SDG 10 (Reduce inequality within and among countries).

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Implementation Update: Momentum Builds Ahead of Paris Agreement Signing Ceremony

UNFCCC8 April 2016: This Implementation Update report summarizes activities by UNFCCC Parties related to the fulfillment of their commitments, especially following the adoption in 2015 of the Paris Agreement and in the context of the Sustainable Development Goals (SDGs). Recent news includes actions taken by the UNFCCC Secretariat to support implementation, announcements by Parties of their intention to sign or ratify the Paris Agreement, and efforts by Canada, the US and Thailand aimed at accelerating climate action.

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BASIC Countries Discuss Paris Agreement Implementation

brazil_southafrica_india_china7 April 2016: At the conclusion of their 22nd Meeting on Climate Change, Ministers from Brazil, South Africa, India and China (BASIC countries) issued a joint statement, pledging to sign the Paris Agreement on 22 April 2016 during the High-Level Signature Ceremony convened by the UN Secretary-General and to initiate domestic processes for ratification, acceptance or approval as soon as possible.

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March 2016 Climate Finance Update: Fund Boards Meet, Carbon Markets Under the Spotlight

march2016_climate_finance7 April 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).

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Implementation Update: Palestine Joins UNFCCC, China, EU, India, US Announce Climate Actions

UNFCCC2 April 2016: Parties to the UNFCCC are making major announcements related to the Paris Agreement and its objectives. The actions described in this Update are also important for implementing the Sustainable Development Goals (SDGs), especially SDG 13 (Take urgent action to combat climate change and its impacts). A number news items reported here will also advance SDG 7, especially Target 7.2 to "increase substantially the share of renewable energy in the global energy mix."

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Global Methane Forum, Related Events Explore Methane Abatement Strategies

global_methane_forum1 April 2016: The Global Methane Initiative (GMI) and the Climate and Clean Air Coalition (CCAC) of the UN Environment Programme (UNEP) co-hosted the Global Methane Forum, which focused on international methane reduction, highlighting methane reduction technologies, policies and opportunities, and addressing finance issues. The Forum was directly followed by the CCAC second annual Science Policy Dialogue on Short-Lived Climate Pollutants (SLCPs), the CCAC Municipal Solid Waste Initiative Workshop and the CCAC Working Group Meeting.

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