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Mali Becomes 61st Party to the Paris Agreement

MALI23 September 2016: The Government of Mali has deposited its instrument of ratification of the Paris Agreement on climate change with the UN. This latest ratification, deposited on 23 September 2016, brings the total number of Parties to the UNFCCC that have deposited their instruments of ratification, acceptance, approval or accession to the Agreement to 61. These countries represent 47.79% of global greenhouse gas (GHG) emissions.

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OECD Identifies 80.1% Carbon Pricing Gap in Major Economies

OECD_NEW26 September 2016: The Organisation for Economic Co-operation and Development (OECD) has released the first full analysis of the use of carbon pricing in 34 OECD member countries and seven partner countries. The report titled, 'Effective Carbon Rates - Pricing CO2 through Taxes and Emissions Trading Systems,' considers a wide range of types of carbon prices, such as specific taxes on energy use, carbon taxes and tradable permits. In all, the 41 countries analyzed separately and in aggregate for the report account for 80% of global energy use and carbon dioxide (CO2) emissions.

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CCAC WG Discusses Agenda, Communiqué for HLA on Short-Lived Climate Pollutants

CCAC22 September 2016: The 18th Working Group (WG) meeting of the Climate and Clean Air Coalition (CCAC) to Reduce Short-Lived Climate Pollutants (SLCPs) convened to, inter alia, prepare for the High-Level Assembly (HLA) that will meet on the sidelines of the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC in Marrakesh, Morocco, in November 2016. Participants discussed the draft agenda for the HLA and possible elements for a draft communiqué, both of which will be revised and updated in advance of the HLA.

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September 2016 Climate Finance Update: Readiness and Access Get a Boost, Stranded Assets Get under the Spotlight

unfccc_gcf_ndf_af_adb_unepdtu26 September 2016: During the month of September, climate finance was highlighted at the highest level, during the Group of Twenty (G20) Summit and the General Debate of the 71st Session of the UN General Assembly (UNGA 71). Readiness and access support received a major boost through the establishment of two major initiatives, underpinned by millions of US$ in funding. The UNFCCC released several reports in the run-up to the UN Climate Change Conference in Marrakech. Studies by an investor coalition and a regional development bank explored climate risk in investments and stranded assets.

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Climate Finance Preparations for COP 22 Well Underway

UNFCCC26 September 2016: The UNFCCC Secretariat and a number of relevant bodies, including the Global Environment Facility (GEF) and the Green Climate Fund (GCF), have released documents that will be taken up by the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC and the 12th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP 12) in Marrakesh, Morocco, from 7-18 November 2016. Parties to the UNFCCC have also submitted their views on a number of finance-related agenda items.

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Adaptation and Loss and Damage Update: Adaptation Committee, LEG, WIM ExCom Intensify COP 22 Preparations

UNFCCC24 September 2016: As the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC draws near, preparations are well underway. A number of institutions serving under the Convention and the Paris Agreement, including the Adaptation Committee (AC), the Least Developed Countries Expert Group (LEG), and the Executive Committee (ExCom) of the Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts (WIM), have advanced work on their respective mandates. In addition, in preparation for COP 22, several Parties have submitted their views on a range of adaptation-related issues.

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Climate Week NYC Features Business-Smart, Low-Emission Commitments

climate-week-nyc25 September 2016: Set in the context of an upcoming US presidential election and during the first UN General Assembly (UNGA) since the Paris Agreement was adopted, the eighth Climate Week NYC focused on promoting investment in innovation, technology and clean energy to drive profitability and progress toward net zero emissions. Stressing that a net zero emissions future depends greatly on decisions of the next US administration and Congress, global business and government leaders gathered in New York, US to raise the profile of smart climate action that, according to The Climate Group, can "create a cleaner, healthier, more prosperous America."

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Major Economies Forum Addresses Climate and Security, Finance

MEF23 September 2016: The Major Economies Forum on Energy and Climate Change (MEF) convened on the margins of the 71st General Debate of the UN General Assembly (UNGA) to prepare for the 22nd session of the Conference of the Parties to the UNFCCC (COP 22) and discuss implementation of the Paris Agreement, progress toward a hydrofluorocarbon (HFC) amendment to the Montreal Protocol and the global market-based measure (MBM) to curb aviation emissions under consideration by the International Civil Aviation Organization (ICAO).

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Transparency and Compliance Update: COP 22 Documents Released for Transparency Framework Discussions, Submissions Deadline Approaching

UNFCCC23 September 2016: As the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC approaches, the UNFCCC Secretariat has released a number of documents related to the transparency and compliance items on the various bodies' agendas. In the last month, reports and notes from the Secretariat have relayed the overall status of the submissions and review of the second Biennial Reports (BR2s) and updated on capacity-building progress for transparency. Status reports on greenhouse gas (GHG) inventories and reports on the technical review of BR2 submissions were also published.

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Adaptation and Loss and Damage Update: Technology Enhances Climate Resilience, Climate Change Security Risks Assessed

unesco_unisdr_unhabitat_adb_wmo21 September 2016: Increasing climate resilience has been the focus of the recent weeks' events, initiatives and publications reported in this Update. These developments have demonstrated that climate resilience and disaster disk management (DRM) can be enhanced by giving prominence to the role of technology and the private sector. The relationship between climate change and national security has also received attention.

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31 Countries Join Paris Agreement at UN High-Level Event, Passing First Threshold for Entry into Force

paris_agreement21 September 2016: At a special ‘High-Level Event on Entry into Force of the Paris Agreement on Climate Change' on 21 September, 31 countries deposited their instruments of ratification, acceptance, approval or accession to the Agreement. Added to the 29 Parties that had already joined, these 60 Parties account for 47.76% of global greenhouse gas (GHG) emissions. Having surpassed the first threshold for entry into force (55 Parties), the Agreement only needs enough new ratifications to account for an additional 7.24% of global GHG emissions in order to enter into force.

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New Ratifications Announced for Paris Agreement

paris_agreement19 September 2016: The Federated States of Micronesia deposited its instrument of ratification of the Paris Agreement with the UN on 15 September. Ukraine deposited its instrument of ratification with the UN on 19 September 2016. In addition, Brazil, Panama and Mexico have recently completed their domestic processes for ratification and the deposit of their instruments is imminent. These additions will bring to 32 the total number of Parties to the UNFCCC that have deposited their instruments of ratification, acceptance, approval or accession to the Agreement, with further announcements expected on 21 September during a special event convened by UN Secretary-General Ban Ki-moon for that purpose at UN Headquarters.

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SCF Forum Explores Financial Instruments for Addressing Loss and Damage

unfccc_adb_philippines6 September 2016: The Standing Committee on Finance (SCF) held its 2016 Forum under the theme, 'Financial instruments that address the risks of loss and damage associated with the adverse effects of climate change.' Discussions at the Forum highlighted the need for a holistic and integrated approach to addressing the risks of loss and damage, while underscoring that there is no one-size-fits-all to mobilizing support.

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Brazil, Panama Ratify Paris Agreement

brazil_panama12 September 2016: Brazil and Panama both completed their domestic processes for ratification of the Paris Agreement on 12 September. These latest ratifications bring the total number of Parties to the UNFCCC that have deposited their instruments of ratification, acceptance, approval or accession to the Agreement to 29.

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Canada, India to Bolster Energy Cooperation

india_canada9 September 2016: During an official visit to India, Canada's Minister of Natural Resources James Gordon Carr met with Indian ministers in charge of different aspects of the energy sector. In a joint statement released at the conclusion of the visit, the two countries outline their vision for energy cooperation moving forward. They agree to combat climate change in the context of the Paris Agreement, and to align energy policies in pursuit of expanding energy access and low-carbon, sustainable growth.

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COP 22/CMP 12 Annotated Agendas, Updated Progress Tracker Released

UNFCCC9 September 2016: As Parties prepare to convene in Marrakesh, Morocco, for the 22nd session of the Conference of the Parties (COP 22) to the UNFCCC, which will take place from 7-18 November, the UNFCCC Secretariat has released revised documents, including annotated agendas and an updated version of the progress tracker. After adopting the Paris Agreement last year, Parties will use the Marrakesh Climate Change Conference to work toward completing the "rulebook" that will guide implementation of the Agreement once it enters into force.

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Mitigation Update: Pricing Emissions in Focus, Climate Pledges Go Personal

ieta_eea_adb_icao_imo_vatican9 September 2016: Over the last couple of weeks, a number of events, initiatives and publications have highlighted the role of market mechanisms in reducing greenhouse gas (GHG) emissions and other pollutants. In addition, both Pope Francis and the UNFCCC Secretariat are encouraging climate action on an individual level.

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Lao PDR Ratifies Paris Agreement

Lao People's Democratic Republic7 September 2016: The Lao People's Democratic Republic (Lao PDR) deposited its instrument of ratification of the Paris Agreement with the UN on 7 September. This latest ratification brings the total number of Parties to the UNFCCC that have deposited their instruments of ratification, acceptance, approval or accession to the Agreement to 27. In total, these countries represent 39.08% of global greenhouse gas (GHG) emissions.

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G20 Green Finance Study Group Presents Findings

g20-20165 September 2016: Green finance has garnered the attention of the Group of Twenty (G20), as the G20 Green Finance Study Group (GFSG) was established under the 2016 Chinese Presidency. The GFSG released its 'G20 Green Finance Synthesis Report' at the G20 Summit, and, for the first time, the Summit's annual communiqué references the importance of green finance.

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Ahead of COP 22, African Ministers Stress Climate-Smart Ocean Economies

worldbank_mauritius2 September 2016: African Ministers have adopted a communiqué that emphasizes the importance of building climate-smart ocean economies for sustaining the lives of millions of Africans. The Mauritius Communiqué was agreed at the conclusion of the conference 'Towards COP 22: African Ministerial Conference on Ocean Economies and Climate Change.'

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