Climate and Sustainable Finance

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.

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.

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.