climate finance

Can Harnessing Blue and Thematic Bonds Build a Sustainable, Regenerative Ocean Economy?

On Wednesday, June 29, at 1pm ET, join the NGO Committee on Financing for Development for an official virtual side event of the 2022 UN Ocean Conference!

A multilateral expert panel will discuss what blue and thematic bonds are, how they’re working in practice, and how to optimize them as building blocks toward a regenerative, sustainable ocean economy.

Register here: us02web.zoom.us/meeting/register/tZEvc–%20%20prD4sG9eXXTtidrPei5J2Xe3tQPb8

Speakers:

  • H.E. Mr. Ian Dereck Joseph Madeleine, Ambassador, Permanent Mission of Seychelles to the United Nations
  • Mr. Stephen M. Liberatore, Head of ESG/Impact – Global Fixed Income for Nuveen, a private investor in the Seychelles blue bond
  • Mr. Greg Fisk, Global Lead – Climate Risk and Resilience, Senior Principal Consultant, BMT
  • Mr. Nicola Mercusa, Sustainable Finance Hub, Debt and Bond issuance expert advisor, UNDP H.E. Leon Kaulahao Siu, Minister of Foreign Affairs, Kingdom of the Hawaiian Islands
  • Dr. Megan Davis, Ph.D., Research Professor, Florida Atlantic University, Harbor Branch Oceanographic Institute/ Queen Conch Lab
  • Additional NGO speakers to be confirmed

Moderator:

Ms. Anita Thomas, Chair, NGO Committee on Financing for Development; Representative to the UN, Women First International Fund (formerly Virginia Gildersleeve International Fund)

Co-organizers:  General Board of Church and Society of The United Methodist Church, PEAC Institute, ManUp Campaign, United Religions Initiative, Dominican Leadership Conference, Africa Development Interchange Network, Conference of NGOs in Consultative Relationship with the United Nations (CoNGO), Temple of Understanding

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

UN Ocean Conference

The Ocean Conference, co-hosted by the Governments of Kenya and Portugal, comes at a critical time as the world is seeking to address many of the deep-rooted problems of our societies laid bare by the COVID-19 pandemic and which will require major structural transformations and common shared solutions that are anchored in the SDGs. To mobilize action, the Conference will seek to propel much needed science-based innovative solutions aimed at starting a new chapter of global ocean action.

For all available information on Ocean Conference events taking place both in-person in Lisbon, Portugal, and virtually, visit the official website: un.org/en/conferences/ocean2022/about

Pre-registration for eligible NGOs, civil society, and stakeholder organizations to participate in the 2022 UN Ocean Conference is now open. Deadline is 16 May 2022!

Pre-register here: un.org/en/conferences/ocean2022/participate

About the 2022 UN Ocean Conference

The ocean covers 70 percent of the Earth’s surface, is the planet’s largest biosphere, and is home to up to 80 percent of all life in the world. It generates 50 percent of the oxygen we need, absorbs 25 percent of all carbon dioxide emissions and captures 90 percent of the additional heat generated from those emissions. It is not just ‘the lungs of the planet’ but also its largest carbon sink – a vital buffer against the impacts of climate change.

It nurtures unimaginable biodiversity and produces food, jobs, mineral and energy resources needed for life on the planet to survive and thrive. There is a great deal we still do not know about the ocean but there are many reasons why we need to manage it sustainably – as set out in the targets of Sustainable Development Goal 14: Life Below Water.

The science is clear – the ocean is facing unprecedented threats as a result of human activities. Its health and ability to sustain life will only get worse as the world population grows and human activities increase. If we want to address some of the most defining issues of our time such as climate change, food insecurity, diseases and pandemics, diminishing biodiversity, economic inequality and even conflicts and strife, we must act now to protect the state of our ocean.

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CoNGO Notes: For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

Stockholm +50: A Healthy Planet for the Prosperity of All – Our Responsibility, Our Opportunity

On 2 and 3 June 2022, a crucial international environmental meeting will be held in Stockholm, Sweden. Anchored in the Decade of Action, under the theme “Stockholm+50: a healthy planet for the prosperity of all – our responsibility, our opportunity,” this high-level meeting will follow months of consultations and discussions with individuals, communities, organizations and governments around the world. A one-day preparatory meeting was held at United Nations Headquarters in New York on 28 March 2022.

Stockholm+50 will commemorate the 1972 United Nations Conference on the Human Environment and celebrate 50 years of global environmental action. By recognizing the importance of multilateralism in tackling the Earth’s triple planetary crisis – climate, nature, and pollution – the event aims to act as a springboard accelerate the implementation of the UN Decade of Action to deliver the Sustainable Development Goals, including the 2030 Agenda, Paris Agreement on climate change, the post-2020 global Biodiversity Framework, and encourage the adoption of green post-COVID-19 recovery plans.

Registration information for civil society: stockholm50.global/participate/accreditation-registration

For more information & the full program, please visit the event site: stockholm50.global

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CoNGO Notes: For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Criminalising Ecocide: A New Deterrent to Crimes that Affect the Environment

You’re invited to this important side event of the 31st Session of the Commission on Crime Prevention & Criminal Justice (CCPCJ)!

Register here: unodc.org/unodc/en/commissions/CCPCJ/session/31_Session_2022/registration.html

The regular thirty-first session of the Commission on Crime Prevention and Criminal Justice is scheduled for 16-20 May 2022. The provisional annotated agenda will be published on the website of the Commission following the present arrangements. The present proposed organizational arrangements were drafted in response to the recent
developments of the COVID-19 pandemic, taking into consideration the regulations by the host country, Austria, and the guidelines of the Vienna International Centre. Based on the developments of the global health situation and to possible changes to the regulations by the host Country Austria, arrangements may be revised closer to the regular session.

Organization Format
The sessions will be conducted in a hybrid format, in the M-building of the Vienna International Centre. The meetings of the plenary and COW will be held in parallel. The plenary meetings will be held in the plenary hall of the M-building. The meetings of the COW will be held in Boardroom A.

In-person participation will be possible for a limited number of delegates from United Nations Member States, UN Entities, IGOs and NGOs in consultative status with ECOSOC. Due to COVID-requirements the number of seats in the room is limited and as such only a limited number of in-person participants can join. In-person participants are required to confirm adherence to relevant provisions contained in the COVID guidelines for participants and are expected to provide supporting documents as necessary.

Participation In line with the Rules of Procedure of the Functional Commissions of ECOSOC, Member States, as well as representatives of UN Entities, IGOs and NGOs in consultative status with ECOSOC can participate in the session.

More information about this specific side event, and the full schedule of events, will be provided here at a later stage: unodc.org/unodc/en/commissions/CCPCJ/session/31_Session_2022/session-31-of-the-ccpcj.html

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CoNGO Notes: The NGO Committee on Sustainable Development-Vienna is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Sustainable Development-New York, please visit . For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Disarmament, Peace and Security, please visit ngocdps.wordpress.com.

International Migration Review Forum

The quadrennial International Migration Review Forum (17-20 May 2022) will be hosted by the President of the UN General Assembly. It consists of four interactive multi-stakeholder round tables, a policy dialogue, and a plenary. It will result in an intergovernmentally agreed Progress Declaration.

An informal interactive multi-stakeholder hearing, hosted by the President of the UN General Assembly, will take place on the day immediately preceding the Forum (16 May).

Register here: un.org/en/migration2022/register

View the full agenda: un.org/en/migration2022/agenda

*Side events will take place outside of the official conference hours of 10 AM – 1 PM and 3 PM – 6 PM.

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CoNGO Notes: For more information on the NGO Committee on Migration, please visit ngo-migration.org. For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com. For more information on the NGO Committee on the Rights of Indigenous Peoples, please visit facebook.com/NGOCoRIP

Understanding the Impact of SDG Investments by Refining Sustainability Reporting

2022 Financing for Development Forum side event: Understanding the impact of SDG investments by refining sustainability reporting

Thursday, 28 April, 8 am to 9 am (EST)

This event is being held as part of the programme for the SDG Investment Fair. For registration, please visit this link.

For more information about the Fair, visit un.org/development/desa/financing/events/april-2022-sdg-investment-fair.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com

Enhancing MDBs as Catalyzers of Private Finance

2022 FfD Forum side event: Enhancing MDBs as catalyzers of private finance

Wednesday, 27 April, 12:30 pm to 1:30 pm (EDT)

This event is being held as part of the programme for the SDG Investment Fair. For registration, please visit this link.

For more information about the Fair, visit https://www.un.org/development/desa/financing/events/april-2022-sdg-investment-fair.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

Exploring Digital Finance’s Real Promises and Challenges for Development

Exploring Digital Finance’s Real Promises and Challenges for Development

Join the NGO Committee on Financing for Development on Wednesday, 27 April 2022, 8:00 a.m. – 9:30 a.m. EDT for this official side event to the 2022 ECOSOC Financing for Development Forum.

Register here: https://us02web.zoom.us/meeting/register/tZ0qc-6orjsuGdFhyWHfljp7ZNxV526Onoc7

Speakers:

  • Ms. Cina Lawson, Minister of Digital Economy and Transformation of the Republic of Togo (TBC)
  • Dr. Purva Khera, Economist, International Monetary Fund
  • Mr. Johannes Ehrentraud, Senior Advisor, Financial Stability Institute, Bank for International Settlements
  • Ms. Sofie Blakstad, CEO of hiveonline and author of Fintech Revolution: Universal Inclusion in the New Financial Ecosystem
  • Ms. Anneleen Vos, Seionr Economic Policy Officer, International Rescue Committee
  • Mr. Prabhat Labh, CEO, Grameen Foundation India
  • Ms. Mercy Buku, Program Leader, Toronto Center

Moderator: Mx. Anita Thomas, Chair, NGO Committee on FfD, Representative to the UN, Women First International Fund

Co-sponsors: ManUp Campaign, Change Management Solutions, Sisters of Charity Foundation, African Development Interchange Network, IBVM

Background:

The UN Secretary General’s task force on digital finance in its report titled “People’s Money: Harnessing Digitalization to Finance a Sustainable Future,” spells out the transformational impact digital finance can have on sustainable development. Providing relief for millions around the world, supporting businesses, and protecting jobs and livelihoods, digital finance served as a lifeline during the COVID-19 pandemic. A World Bank tally of policy responses to the pandemic finds that at least 58 governments in developing countries used digital payments to deliver COVID-19 relief, of which 36 countries made payments into fully transactional accounts that were being used for saving beyond simply withdrawing cash. According to the GSMA, international remittances processed via mobile money increased by 65 percent in 2020.

Proponents of digital finance highlight its strong capabilities to reduce transaction costs, the potential of Artificial Intelligence to provide fair and equitable treatment of credit applicants, and the scalability of cloud technology, through the use of blockchain technology, to allow consumers to transact remotely and seamlessly across multiple platforms.

While the experience of COVID-19 has proven that digitalization can transform economies and lives, it needs to be shaped with both its advantages and potential risks in mind in order to bring everyone into the digital age. For technology to benefit everyone, private sector innovation must be supported by the appropriate public goods such as the public provision of foundational infrastructure, access to electricity, mobile and internet coverage.

As in the case of any disruptive technology, without combining technological advances with sound policy measures, digital technology cannot deliver on its potential to meaningfully advance financial inclusion for everyone, including the more than 2 billion unbanked people globally. Delivering on promises to advance financial inclusion can only be considered meaningful when the account holder has a fully functional account that they utilize to save, make payments, obtain manageable credit, and mitigate economic risks and is simply not utilized to withdraw cash from cash transfers from the government, which is overwhelmingly the case at this time.

By examining successful strategies that maximize digital finance’s potential while minimizing risks to the financial sector, government revenues, and at-risk populations, attendees will gain a better understanding of how digital finance can sustainably advance development objectives.

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations.

Financing for Universal and Crisis-Responsive Social Protection and Decent Work: Proposals of 2021 UN Inter-Agency Working Group

Join the NGO Committee on Financing for Development on Tuesday, April 26, from 8 – 9:30am EST for an official side event of the 2022 ECOSOC Financing for Development Forum on Financing for Universal and Crisis-Responsive Social Protection and Decent Work: Proposals of 2021 UN Inter-Agency Working Group

Speakers:

  • H.E. Mr. Phillippe Kridelka, Ambassador, Permanent Representative of Belgium to the United Nations
  • Mr. Helmut Schwarzner, Senior Social Security Specialist for the Americas, Social Protection Department, ILO Geneva
  • Mr. David Stewart, Chief of Child Strategy and Social Protection, UNICEF
  • Dr. Santosh Mehrotra, Research Fellow, IZA Institute of Labor Economics, Bonn, Germany
  • Ms. Tikhala Itaye, Director, Global Movement Building, Women in Global Health

Moderator: Dr. Barry Herman, Member Advisory Board, Social Justice in Global Development

Register here: https://us02web.zoom.us/meeting/register/tZYsfuqqrjwiHtLVutntuRo0xgsa9K_vEKxP

Co-sponsors: Vivat International, Women First International Fund, Salesian Missions, International Labour Organization, World Vision, Social Justice in Global Development

Background: Social protection refers to assuring a basic income floor and access to basic healthcare throughout the life cycle. It should be provided universally to all people in need, but that is far from current practice. While decent jobs, including self-employment, are mainly in the private economy, meeting the qualifications for most jobs usually requires education and good health, which are primarily public service functions. Thus, programs to promote social protection and decent jobs entail adequate, effective, and fair national systems of taxation, complemented by international assistance, often in the form of technical assistance but also sometimes in aid-financed budget support, as for low-income countries.

The experience of the pandemic laid bare inadequate systems to deliver cash transfers to compensate for the economic costs of the crisis and inadequate public health systems to deliver vaccines, tests, and protective equipment, along with the very limited capacity, especially in developing countries, to maintain employment during the crisis-induced economic contraction. The pandemic experience requires us to think about preparing better “shock responsive” social protection and health systems and stronger counter-cyclical policies. Preparation, in turn, requires consideration of ways to mobilize the necessary domestic and international financial resources on an ongoing basis and with the capacity to meet the higher expenditure needs at times of crisis.

While the inter-agency report concluded with 21 separate proposals, speakers in the side event will be asked to discuss one or more of the proposals. There is no expectation that all 21 proposals would be covered, nor is that necessary. What is necessary is to bring the attention of the FfD Follow-up Forum for consideration by policymakers the work of the 16 cooperating agencies in the task force and the civil society, labor, employer, and youth stakeholders that were consulted in preparing the report.

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations.

ECOSOC Forum on Financing for Development

The ECOSOC Forum on Financing for Development follow-up (FfD Forum) is an intergovernmental process with universal participation mandated to review the Addis Ababa Action Agenda (Addis Agenda) and other financing for development outcomes and the means of implementation of the Sustainable Development Goals (SDGs).

The event brings together heads of state and government, ministers and high-level government officials as well as senior officials of international organizations. Civil society organizations, the business sector and local authorities will also be represented.

Additional information on preparations for the Forum, including the programme, outcome, substantive background, stakeholder participation and side events, will be made available here: un.org/development/desa/financing/what-we-do/ECOSOC/financing-development-forum/FFD-forum-home

The UN does not charge a fee for registration and participation. For any questions, please contact the Financing for Sustainable Development Office at ffdforum@un.org.

Register here: un.org/development/desa/financing/what-we-do/ECOSOC/financing-development-forum/registration

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org.

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