Finance
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- Event 28 November 2023 Accelerating NDC implementation and addressing global stocktake outcomes through TNAs Nationally determined contributions (NDCs) are at the heart of the Paris Agreement and the achievement of its long-term goals. However, numerous developing countries confront significant challenges in fulfilling their NDC targets, largely due to limited access to advanced climate technologies and financial resources. Technology Needs Assessments (TNAs) stands as a crucial process under the UNFCCC, assisting developing countries in identifying and prioritizing their technology needs for climate…
- Event 28 November 2023 Tackling the true cost of financing adaptation: Insights from the UNEP Adaptation Gap Report 2023 and what it means for the financial sector The 2023 UNEP Adaptation Gap report delves into the costs of adaptation for developing nations. This panel session will unveil and discuss updated financial data and analysis from the report, reflecting actual adaptation costs aligned with developing countries' Nationally Determined Contributions and National Adaptation Plans. The session will also explore how financial institutions can expand climate-resilient finance and embed assessments of physical climate risks across the sector. Finally,…
- Event 28 November 2023 How to increase adaptation effectiveness to reduce loss and damage: Insights from the UNEP Adaptation Gap Report 2023 UNEP’s annual Adaptation Gap Report is indicating the need for increased action to reduce vulnerability and build resilience. However, progress in adaptation is slowing. Hence, the planning, implementation, and finance gaps in adaptation keep widening and leading to more losses and damages. This UNFCCC mandated UNEP event features high-level opening remarks from UNEP’s Executive Director and UNFCCC’s Executive Secretary and a presentation of the key findings of the UNEP Adaptation Gap Report…
- Event 28 November 2023 Enabling the shift towards a new finance paradigm: Scaling up adaptation investments for smallholders using novel insurance models International adaptation finance flows to developing countries are 5-10 times below estimated needs and the gap is widening. Without an increase in support, adaptation actions could be outstripped by accelerating climate risks, which would further widen the adaptation implementation gap. Meeting those needs will require a rapid increase in the scale of financing that should go hand in hand with a diversification of the finance sources. Climate finance particularly neglects smallholder farmers…
- News 27 November 2023 Consultancy Opportunity – AfDB Request for Expression of Interest The Copenhagen Centre on Energy Efficiency (hosting the Global ESCO Network) has successfully supported the Kenyan Ministry of Energy in its efforts to develop the country’s first National Energy Efficiency and Conservation Strategy in 2020, and its Implementation Plan in 2022. One of the priority areas identified in the Strategy is the creation of a SuperESCO in Kenya, which is backed by the African Development Bank and has been recently approved by the Kenyan Government to be established at…
- News 24 November 2023 Climate technology progress: New report explores urban transformations Today, the 2023 Climate Technology Progress Report was launched, providing invaluable insights into how we can speed up critical implementation of the technologies needed to mitigate and adapt to the climate crisis. The world is at a critical turning point in the battle against the triple planetary crisis of climate change, biodiversity loss and pollution. Unfortunately, the current pace and scale of global action is insufficient to tackle climate change. Even though global commitment to the…
- News 24 November 2023 Climate technology progress: New report explores urban transformations Today, the 2023 Climate Technology Progress Report was launched, providing invaluable insights into how we can speed up critical implementation of the technologies needed to mitigate and adapt to the climate crisis. The world is at a critical turning point in the battle against the triple planetary crisis of climate change, biodiversity loss and pollution. Unfortunately, the current pace and scale of global action is insufficient to tackle climate change. Even though global commitment to the…
- Event 22 November 2023 Meet us at COP28 From 30 November – 12 December, COP28 will convene in Dubai, United Arab Emirates. World leaders, experts, organizations and the private sector meet to tackle the urgent threat of global climate change. Together with our partners, UNEP Copenhagen Climate Centre joins the efforts to prevent global temperatures from rising above 1.5C and protect our planet and people from the intensifying impacts of climate change. COP28 marks the conclusion of the first Global Stocktake, the main mechanism to…