WRI: Colombia’s Climate Finance Tracking System Registers $6 Billion Worth of Action

 

 

As in business and politics, it’s essential when dealing with climate action to follow the money. Acknowledging the benefits of more and better information about climate finance, Colombia worked with WRI and its partners on a new system that helps measure, report and verify (MRV) how much funding goes towards climate change projects.

 

Unlike previous climate finance tracking initiatives, Colombia’s system covers financial sources for both adaptation and mitigation and will make the data publicly available through an online platform (access the platform here). This government-led effort, launched online on November 27, registered over 15,000 climate change actions, totaling approximately $6 billion from public sources (both domestic and international) for the period 2011-2015. This fits into a broader climate change information system that will cross-reference climate finance data and data about greenhouse gases emissions in Colombia and could have implications for other developing countries.

 

The system's online platform presents aggregate data and project-level information in infographics and maps, allowing users to employ various filters to see climate finance data by sector, state, municipality, financial source and financial instrument, among other variables (see images below). Users can also download the databases directly from the platform. This will help give government officials, citizens and other users a more complete picture of climate finance flows, which could lead to improved decision-making and accountability.

 

It will also strengthen international reporting on finance, which is important in the context of the historic Paris Agreement.

 

Read more...

Go back

CBFP News

WWF: Rainforest deforestation more than doubled under cover of coronavirus -DW

Tropical rainforests shrank by 6,500 square kilometers in March — an area seven times the size of Berlin. Criminal groups are taking advantage of the pandemic and the unemployed are getting desperate, the WWF said.

Read more …

Nouabalé-Ndoki National Park Monthly update April 2020

"At a time when many countries are beginning their gradual deconfinement and when there is a glimmer of hope on the horizon of returning to normal life, I wanted to share with you some good news that also fills us with hope for the future of the Nouabalé-Ndoki National Park."

Read more …

Resources and follow-up from the virtual FAO-EcoAgriculture Partners Roundtable

Last April 30th FAO and EcoAgriculture Partners organized a virtual Roundtable on Territorial Perspectives for Development, in which over 170 people participated.

Read more …

ATIBT -CBFP: Private Sector mobilized around the CBFP Facilitator of the Federal Republic of Germany

ATIBT co-facilitated the mobilization of the private sector of the timber sector to participate in the first meeting of the private sector college of Congo Basin Forest Partnership with the new facilitator Dr Christian Ruck and his team German Facilitation.

Read more …

Development and institutionalization of a PAFC certification system for the Congo basin: opening of the second public consultation on Sustainable Forest Management Certification Standard, 23 May 2020 - 22 June 2020

This second public consultation will be open for a period of 30 days from tomorrow Saturday the 23rd of May 2020 and will be closed on Monday the 22nd of June 2020. The public consultation is open to all stakeholders of forest management in the Congo Basin interested in participating to the PAFC Congo Basin certification standards development process.

Read more …

Forest defenders on the COVID-19 frontline stand ready to assist the global EU response – Fern

These efforts go hand in hand with ensuring continued responsible management of natural resources and preventing unsustainably and illegally sourced forest commodities. In the Democratic Republic of Congo, forest-monitoring organisations Observatoire de la Gouvernance Forestière (OGF) and Réseau des observateurs indépendants des ressources naturelles (RENOI) are set to carry out COVID awareness-raising in at-risk forest areas, and will also assess COVID’s impact on forest management and governance commitments under the Central African Forest Initiative (CAFI). Across the Congo Basin, fears that a proper lack of oversight may put forests and forest peoples in danger are looming despite emerging initiatives.

Read more …

22 May 2020 International Day for Biological Diversity

The theme of the 2020 International Day for Biological Diversity is “Our Solutions are in Nature”. It shows that "Biodiversity remains the answer to a number of sustainable development challenges that we all face. From nature-based solutions to climate, to food and water security, and sustainable livelihoods, biodiversity remains the basis for a sustainable future."

Read more …

CBFP News Archive

2020