Climate and Sustainable Finance

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).

From March 20–21 2014, the 23rd meeting of the Adaptation Fund Board (AFB), the operating body of the Adaptation Fund established under the Kyoto P

The 23rd meeting of the Adaptation Fund Board took place in Bonn from March 20-21, 2014. Please find below the Briefing Paper.

Monitoring, reporting and verification of climate finance provided and the funded activities has grown in importance during the last years. Therefore, a consortium of Germanwatch, Ecofys and Wuppertal Institute for Climate, Environment, Energy has developed for the German Federal Environment Agency a proposal for a potential monitoring and reporting system for a bilateral climate funds.

This paper describes policies for financing energy efficiency in buildings in China and Germany. In both countries energy consumption of the building sector constitutes a large share of the overall energy consumption. While the situation in regard to the size and age of the existing building stock and the construction rate of new buildings differs in China and Germany, there are nevertheless some similar challenges where sharing of experiences could be helpful.

The 22nd meeting of the Adaptation Fund Board took place in Bonn from October 31 - November 1, 2013. Please find below the Briefing Paper.

World leaders and governments paved the way for the establishment of the Green Climate Fund (GCF) through the United Nations Framework Convention on Climate Change (UNFCCC) agreements made at the Conference of Parties (COPs) in Copenhagen (2009) and Cancún (2010). The objective of the Green Climate Fund is to achieve a paradigm shift towards low-carbon and climateresilient development pathways. This requires ambition, in the design of funded activities and in the provision of financial resources to the GCF.

This paper pursues the question of whether revenues from Chinese emission trading scheme (ETS) pilots, and a future national carbon market, should be used for national climate action in China and what topics should be addressed. Firstly, it will discuss why carbon market revenues should be used for climate finance and how this may be accomplished in theory. The paper then describes the experience of other countries, particularly in the EU, in using ETS revenues for climate actions. Finally recommendations are provided for the Chinese pilot ETS.

One in a series of Open Climate Network (OCN) papers, this assessment looks at the Fast-Start Finance (FSF) contributions from Germany.