Chapter News, Financing for Development/UN SDG's

Managing Climate Risk in the U.S. Financial System

Report of the Climate-Related Market Risk Subcommittee, Market Risk Advisory Committee of the U.S. Commodity Futures Trading Commission. Below includes the executive summary, while access to the full report can be found here: Managing Climate Risk in the U.S. Financial System Executive Summary Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy. Climate change is already impacting or is anticipated to impact nearly every facet of the economy,...

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Chapter News, Financing for Development/UN SDG's

OECD | Countries must do more to ensure sustainable development of ocean activities

Countries need to work together to defend the ocean from a steady rise in temperature, pollution and overfishing that threatens its ability to continue supporting marine life and providing food and income to billions of people, according to a new OECD report. Sustainable Ocean for All: Harnessing the benefits of sustainable ocean economies for developing countries says that with ocean-related economic sectors forecast to grow rapidly over the next decade, ensuring this development takes place in a sustainable way is...

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Financing for Development/UN SDG's

UN-Water Prepares to Launch SDG 6 Accelerator

The Framework will support accelerated country progress on SDG 6 (clean water and sanitation) in five key areas. UN-Water is organizing a Special Event at the July 2020 session of the UN High-level Political Forum to launch the Global Acceleration Framework. UN-Water is preparing to launch the ‘SDG 6 Global Acceleration Framework’ to support country progress on clean water and sanitation. Members and partners met for an online consultation on the launch, which will take place on the sidelines of the UN...

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Financing for Development/UN SDG's

Momentum for Climate Change Discusses NDCs, Sustainable Recovery

Among other sessions, the committee to facilitate implementation and promote compliance under the Paris Agreement held its first meeting, and lead reviewers of biennial reports and national communications met to share experiences. Speakers highlighted the importance of action in 2020, including for countries to submit their enhanced NDCs by the end of the year. The UNFCCC convened a series of virtual events in early June 2020 to maintain momentum for climate action. The events allowed for an exchange of...

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Financing for Development/UN SDG's

Why We Need a “New Normal” for Production and Consumption

People are consuming more than ever. Our choices are having an unprecedented impact on the environment. The jeans, skirts or suits we wear, the pharmaceuticals and cosmetics we use, the food and drink we consume – all of these products have an impact, to varying degrees, on the environment. We need to think carefully about how we can meet our daily needs more efficiently and we need to provide the answers quickly. We all depend to some extent on trees,...

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COVID-19 News, Financing for Development/UN SDG's, Member News

AXA-IM: COVID-19, Has your workplace changed forever?

June 04, 2020 | • The COVID-19 crisis threatens long-lasting changes to the way we work. It is affecting employees and employers everywhere. • The impact so far has been considerable but varies sharply according to industry and country. The latest data show that half the global workforce is at risk of losing their livelihoods. • There are major concerns regarding the ongoing viability of companies, large and small. Some are in short-term survival mode – others are accelerating strategies to digitalise...

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Financing for Development/UN SDG's

UNCTAD, Five UN Regional Commissions Launch Project to Build Transport and Trade Resilience in Wake of COVID-19

June 02, 2020 | • The project will implement UN solutions, standards, guidelines, metrics, tools, and methodologies to help developing countries build transport, trade, and logistics resilience in the wake of the COVID-19 pandemic. • The project is comprised of three clusters to match standards and best practices in transport and trade facilitation, taking into account new concerns related to cross-border freight transport operations and trade transactions as a result of COVID-19: contactless solutions and good practices; maximizing connectivity; and the...

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Chapter News, Financing for Development/UN SDG's

Address at the UN Conference on Financing SDG Implementation: The Role of Integrated National Financing Frameworks

May 28, 2020 | By Tao Zhang, Deputy Managing Director, IMF “As Prepared for Delivery” I thank Minister Annamuhammedov and Ms. Elena Panova for their kind invitation to participate in this conference. It is not accidental that this conference is taking place in Ashgabat. Turkmenistan was one of the first countries to have formally accepted all Sustainable Development Goals developed by the United Nations and has been integrating these goals into its national plans for socio-economic development. Achieving SDGs is an important...

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Chapter News, Financing for Development/UN SDG's, News

The European Commission, European Investment Bank and Breakthrough Energy Ventures establish a new €100 million fund to support clean energy investments

Brussels, 29 May 2019 Breakthrough Energy Ventures Europe (BEV-E), a new €100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.           The fund will help develop innovative European companies and bring radically new clean energy technologies to the market. It will support Europe's best clean energy entrepreneurs whose solutions can deliver significant and lasting reductions in greenhouse gas emissions. The first of...

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Chapter News, Financing for Development/UN SDG's

The Single Market as a Driver of Investment in Europe

As we celebrate the EU Single Market’s 25th anniversary, it is important to take stock of the enviable economic growth and welfare it has brought to Europe, while also acknowledging that new areas need to be prioritised so that the Single Market can remain fit for purpose in the 21st century. Furthermore, sustaining higher rates of investment and improving the business environment in complementarity to the Single Market is an integral part of the EU’s ambitious Investment Plan for Europe – widely...

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