Thursday, November 21, 2019

September / 2019

Sweden postpones carbon payment to Uganda tree farm where locals have been evicted

 
A planned disbursement of SEK 10 million by the Swedish Energy Agency (SEA) for emissions reductions produced by the Kachung plantation in Uganda, owned by the Norwegian company Green Resources, has been delayed due to on-going concerns about the project. Development Today has learned that the Swedes were about to give a green light last week but put on the brakes.
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Gavi sets USD 7.4 billion replenishment target for next five years

 
Gavi aims to increase both the number of vaccines on offer from 11 to 18 and the number of children immunised to 300 million during 2021-2025. This expansion will be made possible in part by massive savings on pneumonia vaccine whose price is expected to drop dramatically.
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Report - call for massive increase in investments in climate adaptation

 
A global commission led by Bill Gates, Ban Ki-moon and 20 countries estimates that USD 1.8 trillion in climate adaptation financing would yield seven-fold benefits over ten years. Denmark’s representative on the commission, CEO of PKA Peter Damgaard Jensen, explains why investments in adaptation lag so far behind funding for mitigation measures.
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Swedish agency agonises over SEK 10m carbon payment to Norwegian forestry firm

 
Already more than a year behind schedule, the Swedish Energy Agency continues to agonise over whether to issue its second carbon credit payment worth SEK 10 million for a tree farm in Uganda owned by the Norwegian forestry firm, Green Resources. The agency wants to ensure that its involvement improves the lives of people affected by the plantation, but an audit points to unresolved problems.
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Swedfund, NDF winners in Swedish budget. Funds for UN at a standstill

 
Swedfund is the winner in the Swedish aid budget proposal for 2020, which indicates a substantial scaling up in funding for the aid-financed investor and more in coming years. Sweden also wants to revitalise the Nordic Development Fund (NDF) and to make oceans a new focus area for the fund. Core funding of UN agencies is at a standstill next year.
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Sweden promises SEK 8 billion for Green Climate Fund

 
The bold doubling of Sweden’s pledge to the Green Climate Fund (GCF) replenishment over the weekend brings the fund’s resources for the next period to USD 6.7 billion – more than half-way to the minimum target of USD 13 billion. Most donors have yet to announce their contributions. Ambitious pledges by Japan and Australia will be decisive.
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Norwegian aid-financed study aims to re-define global narrative on food and land use

 
An initiative financed by the Norwegian government – the Food and Land Use Coalition – aims to bring the policies of the World Bank, FAO, WHO, GEF and UNFCCC in line with a new “unified global narrative” on food, agriculture and forests. The main author of a new report that lays out this narrative is Per Fredrik Pharo, Director of the Norwegian climate forest programme.
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