Sustainable finance or green finance is the set of financial regulations, standards, norms and products that pursue an environmental objective, and in particular to facilitate the energy transition.
Report on the 27th meeting of the Adaptation Fund Board
After the adoption of the Paris Agreement all eyes move towards implementing climate action. The Adaptation Fund provides an important function to assist developing countries in measures against climate impacts. Following a civil society perspective this briefing outlines selected talking points on agenda issues of the 27th meeting of the Adaptation Fund Board scheduled for March 2016 in Bonn, Germany.
After the adoption of the Paris Agreement all eyes move towards implementing climate action. The Adaptation Fund provides an important function to assist developing countries in measures against climate impacts. Following a civil society perspective this briefing outlines selected talking points on agenda issues of the 27th meeting of the Adaptation Fund Board scheduled for March 2016 in Bonn, Germany.
Over December 5-6 at the Palais du Congress, the 3rd Annual Global Landscapes Forum (#GLFCOP21) was the largest other meeting in Paris during COP21, attracting close to 3,500 participants, exhibitors and speakers from across disciplines and sectors. Instead of focusing on national climate commitments, the GLF explored alternative ‘un-siloed’ approaches to land use in a warming world, and perhaps equally important, how to finance them.
The German government, through the German Federal Environment Agency, commissioned a consortium consisting of NewClimate Institute, Germanwatch, and the 2° Investing Initiative to explore criteria to measure the alignment of investment and financing with the 2°C limit. The project focuses in particular on development finance institutions.
The Daily Briefings - produced at key meetings and negotiations by the Climate Finance Advisory Service (CFAS) expert team - try to provide a concise, informative update on key discussions that have taken place at each day of the meeting and give an overview of substantive points of action or progress.
Please note that these are independent summaries by CFAS and not officially mandated by the GCF Board or Secretariat.
It is the first time in Europe that one of the world’s largest polluters is prompted to pay for the safety of a person at risk of climate change consequences
A person affected by climate change has made the unprecedented move to launch a claim against a European carbon major, demanding that the company contribute to urgently needed protective measures: Peruvian citizen Saúl Luciano Lliuya, with the help of the renowned environmental lawyer Dr. Roda Verheyen (Hamburg), demands payment for safety works from German utility RWE. Mr Luciano Lliuya’s property as well as large parts of his hometown Huaraz are prone to a so-called glacial lake outburst flood from Lake Palcacocha located upstream from the city.
Germanwatch launches the Index at the onset of the Climate Summit in Lima: Countries of the host region among the most distressed by extreme events
The Philippines, Cambodia and India were most affected by extreme weather events in 2013. This is the result of this year’s Global Climate Risk Index, presented by Germanwatch. “We all remember the images of the catastrophic Typhoon Haiyan, which wiped out entire regions and took the lives of more than 6000,” said Sönke Kreft, author of the study and Team Leader for International Climate Policy at Germanwatch. “Climate change must be controlled so that the future will not bring more of these record-breaking catastrophes."
From 9-10 October 2014, the 24rd meeting of the Adaptation Fund Board (AFB), the operating body of the Adaptation Fund established under the Kyoto Protocol, will take place in Bonn, Germany. In the two days prior to the meeting, the Board members will convene in their respective committees: the Ethics and Finance Committee (EFC) and the Project and Programme Review Committee (PPRC).