Climate

This is the Climate Finance Advisory Service (CFAS) Daily Briefing.

By end September 2015 most countries will submit their climate contributions (INDCs) for the new climate agreement to be adopted in Paris this December. The EU has already announced its contribution of at least 40 percent emission reduction by 2030 compared to 1990 levels. In India, the preparations for the INDC have been finalized, too. What is expected of the Indian INDC? What would be equitable?

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.

Coming soon

This report describes the planning and licensing process for extra high voltage transmission lines under EU and national law regulatory framework. It is shown that the TEN-E Regulation 347/2013 introduces binding priorities (PCI, Projects of Common Interest) into national planning processes, shifting participation requirements to the EU level. The comparison between the German and the UK system of planning and permitting displays the different approaches: while the regulatory system is much more refined in Germany, granting much access and public participation, the participatory approach in the UK is more open, and access to justice is easier.

This study conducted by Germanwatch and the Wuppertal Institute explores how the social pillar of sustainability at the local level could be met in low-carbon energy projects. For this purpose, it evaluates the livelihood dimension of Concentrated Solar Power (CSP) technology based on a case study conducted on the 160 MW pilot CSP plant Noor I in Ouarzazate, Morocco.

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.

A new wave of climate leadership is coming from the African continent. On 5 June, Morocco became the third African nation, following Ethiopia and Gabon, to submit its climate action commitment (or Intended Nationally Determined Contribution - INDC). With its timely submission, the host of the upcoming UN climate summit in 2016 also is the first Arab country to put forward its plan to transition its economy from fossil fuels to renewable energy. This is an important step towards the new global climate agreement, due to be signed in Paris this December.

The G7 summit took place on 7 and 8 June 2015 at Schloß Elmau in Bavaria. Amongst other important global issues, international climate policy was discussed. The G7 decisions on this topic pave the way to a successful climate summit in December in Paris, where a new global climate agreement is to be adopted by the international community. Germanwatch analyses the most important paragraphs of the G7 Summit Declaration.

This is the Climate Finance Advisory Service (CFAS) Daily Briefing. Produced at key meetings and negotiations by the CFAS expert team, the Daily Briefings 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 this is an independent summary by CFAS and not officially mandated by the SCF.