The information presented in this post is for information sharing purposes and shall in no way be deemed endorsed by any other Supporting Institution nor the Secretariat.

Climate Finance Events & Governance: 

  • European Union:
  • World Economic Forum: 
    • The Forum began with the publication of the Global Risks Report 2019. Extreme weather events, failure to act on climate change, and natural disasters continue to dominate the results of the annual Global Risks Perception Survey.
    • Japan’s Prime Minister, and host of the 2019 G20 meeting, Shinzo Abe, said climate action would be a top priority at this year’s G20. 
    • The World Economic Forum released the report: How to set up effective climate governance on corporate boards (see below)
    • Davos 2019 also saw strong calls for a new agenda for nature to complement action on climate and the ocean.
  • 22nd meeting of the Green Climate Fund (GCF) Board:the Board took steps to strengthen operations, reinforce standards and close policy gaps and approved nine new climate resilience and low emission projects totaling USD 440 million in GCF resources. Among them four projects were proposed by Supporting Institutions of the Initiative:
    • FP101 – USD 8.0 million for Resilient Rural Belize (Be-Resilient) with IFAD
    • FP102 – USD 29.6 million for Mali solar rural electrification project with BOAD
    • FP105 – USD 69.6 million for BOAD Climate Finance Facility to Scale Up Solar Energy Investments in Francophone West Africa LDCs in Benin, Burkina Faso, Guinea-Bissau, Mali, the Niger, and Togo with BOAD
    • FP106 – USD 100 million for Embedded Generation Investment Programme (EGIP) in South Africa with DBSA.
      Congratulations to the teams!
  • One Planet Lab & One Planet Summit 
    • The One Planet Lab met for the first time in Paris in early March. Led by the French government,, this network of high-level experts is intended to propose new ideas and new concrete commitments to accelerate the ecological transition. The One Planet Lab focuses on four priorities: climate, oceans, biodiversity and financing the ecological transition. In 2019, these four priorities are divided into 9 working groups ranging from combating plastic pollution to financing sustainable infrastructure and greening the Bretton Woods institutions. A number of Supporting Institutions of the Initiative are involved in the working groups.
    • The third edition of the One Planet Summit was held in Nairobi in mid-March. This first regional edition of the One Planet Summit highlighted the unique role of Africa as a global partner facing both challenges and opportunities, in particular in the field of innovative solutions for adaptation and resilience. A blogpost summarizing announcements made by Supporting Institutions of the Initiative will be available on the website early next week.

News on Supporting Institutions of the Initiative: