UNCTAD: Launch of the Least Developed Countries Report 2024: Leveraging Carbon Markets for Development
4 November 2024.
Information here:
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Climate financing
From the GEF: GEF Council approves $700M+ for vast environmental needs
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20 June 2024:? "Focusing on climate change adaption, Council members approved a record $203 million from the LDCF for initiatives across 20 Least Developed Countries, including joint financing with the GEF Trust Fund for the?
From the GEF: In good news for adaptation, donors boost support to LDCF and SCCF
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4 December 2023.
In a sign of positive momentum for climate change financing, eight donor governments announced new commitments to the??(LDCF) and??(SCCF) and signaled their political support for the unique roles these funds play in addressing climate resilience needs.
From the GEF: LDCF and SCCF provide new targeted support for vulnerable states
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29 June 2023.?
The??(LDCF) and??(SCCF) will deploy $63 million in urgent funding for countries on the frontlines of climate change following a meeting of the Global Environment Facility-managed funds in Brazil.
From the GEF: Countries pledge added support to GEF funds for urgent climate adaptation - Least Developed Countries Fund, Special Climate Change Fund target climate-vulnerable states
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15 November 2022.?
EU cooperation with LDCs/La coopération de l?UE avec les PMA
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On 25 May 2022 from 1500-1630 CEST, ECDPM is organising a virtual panel discussion on a renewed partnership with LDCs : ‘EU cooperation with LDCs’. ECDPM’s Alexei Jones and San Bilal are participating in this event.?
Panelists:
–?H.E. Teneng Mba Jaiteh, Ambassador of the Gambia to the EU
–?Luc Chevaillier, adjoint au sous-directeur du développement, secrétaire des affaires étrangères
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CBAM: revenues to support LDCs in decarbonisation
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17 May 2022.? Today the European Parliament's?Committee on Environment, Public Health and Food Safety adopted the?report on the regulation establishing a Carbon Border Adjustment Mechanism (CBAM). CBAM is seen as a way of preventing "carbon leakage" - that is, the movement of carbon-emitting industries to other countries -?as?Europe transitions to a lower-carbon economy.?
Panel event: The impact of CBAM on poorer countries - Oxfam EU
Recording:?
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UNCDF events on finance in LDCs at the FFD Forum
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During the 2022 ECOSOC Forum on Financing for Development, and partners will be holding side-events on Green and Climate Resilience Bonds in LDCs, Guarantee Mechanisms as Catalysts of LDC Structural Transformation and Blended finance in LDCs. More information and in our events page.