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Largely Ignored, High Forest Cover and Low Deforestation Nations and Supporters Meet in Paramaribo

Representatives from a small group of nations providing absolutely essential, increasingly scarce ecosystems services met in Paramaribo, Suriname Feb. 12-15. Swimming against the rising tide of tech-driven industrialization and globalization, deforestation, and a Sixth Great Extinction, the efforts of High Forest Cover and Low Deforestation (HFLD) countries go largely unacknowledged and little valued. Identifying and elaborating ways to increase international…

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World Bank Group Climate Finance Rises to Record High Levels

The World Bank Group financed a record-high $20.5 billion in finance for country-level climate action in fiscal year 2018. All told, 32.1 percent of the global development bank group’s financing had what’s termed climate co-benefits. That exceeds a target of 28 percent by 2020.

EU climate smart energy

European Union Horizon 2020 Program Aims to Bridge Public Climate Smart Sustainable Energy Financing Gap

EU Horizon 2020 PROSPECT intends to reach out and faciitate hands-on, peer-to-peer learning and information exchange to at least 180 local authorities across Europe in the next three years.

Green Bond Fund supports REDD+ sustainable forestry

IFC Raises $152 Million in Tropical Forest Bonds Debut

Developed by IFC in collaboration with BHP Billiton and Conservation International, some of the world’s largest Institutional investors, including TIAA-CREF and QBE, bought the first Forest Bonds issue, which gives them the option of receiving coupon payments in the form of cash or carbon credits from a UN REDD program in Kenya.

Climate finance will lead to development of microgrids and distributed energy

COP21 Aftermath – How Climate Finance Can Support Development And Climate Objectives Through Renewable Microgrids

By Arnaud Henin The Paris climate negotiations have exceeded most expectations, concluding in an ambitious global agreement on limiting carbon emissions to restrain the impacts climate change. The agreement has several important aspects including a commitment from developed countries to a significant sum of $100 billion per year to support the transition of developing countries to a low-carbon development trajectory,…

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Press Release: 11 Donar Countries Pledge Additional $250 Million for Adaptation

We’re on the ground in Paris for the duration of the COP21 climate conference. Negotiations actually started last night, but today is the opening with nearly 150 head-of-state arriving for the opening ceremony. Announcements are coming quickly as the official conference gets underway. Following is a press release from 11 donor countries, including the United States, Canada, Denmark, Finland, France, Germany,…

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Fractious final round of negotiations in Bonn end with some progress, some roadblocks on the road to Paris and COP21

Bonn Climate Talks End: Next Stop Paris and COP21

The final round of climate talks before the COP21 summit in Paris finished up in Bonn last week. As crunch time descends upon negotiators, the issue of finance remains a core unresolved issue. Developing countries have maintained that they have done the least to contribute to global warming but stand to suffer the greatest impacts and indeed already are. As a condition…

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