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Paris Agreement to Drive Development

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Asia Pacific Carbon Forum, 5-7 September 2016
Jeju Island, Republic of Korea

Bonn, 24 June 2016 – The Paris Climate Change Agreement has put fresh wind in the sails of climate policy, which governments and the private sector will seek to harness to drive development at the Asia Pacific Carbon Forum, 5-7 September 2016, Jeju Island, Republic of Korea.

Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), said: “This year’s Asia Pacific Carbon Forum needs to reflect the urgency of implementing the Paris Agreement and I would call on governments and the private sector to leverage the opportunity of markets and well targeted finance as among the keys to unlock greater ambition”.

APCF 2016 will attract representatives of business, finance and government eager to explore policies and finance that can deliver sustainable development as part of countries’ Nationally Determined Contributions under the Paris Agreement. The programme will be delivered in two work streams: (1) Emissions Markets and Carbon Pricing and (2) Climate Finance and Investment.

APCF is organized by the Asian Development Bank (ADB), International Emissions Trading Association (IETA), United Nations Framework Convention on Climate Change, and Institute for Global Environmental Strategies (IGES), and in collaboration with Global Green Growth Institute (GGGI).

Registration is open for Asia-Pacific’s leading annual event on climate finance, carbon markets and low carbon technologies.

“The Paris Agreement augurs a resurgence of carbon markets and opportunities for the global community to work together and generate momentum for market-based instruments. In this context, the Asia-Pacific Carbon Forum will provide an excellent platform for various stakeholders in the region to exchange ideas and discuss next steps forward for the further development of carbon markets.”
V.K. Duggal
Senior Climate Change Specialist
ADB

“Markets and market approaches are gaining favor around the world, and you can feel the stakes getting higher in 2016. This will be a pivotal year in which we can expect progress on key decisions that will shape carbon markets for years to come.”
Dirk Forrister
President and Chief Executive Officer
IETA

“The Paris Agreement has created a momentum for the carbon market to operate at national, regional and international levels. The APCF will provide a regional platform for different stakeholders to express their views of future carbon markets and seek next steps for further advancement of carbon markets and climate finance.”
Kazuhisa Koakutsu
Area Leader
Climate and Energy Area
IGES

“We are delighted to welcome the Asia-Pacific Carbon Forum as part of the Global Green Growth Week 2016 (GGGW2016). The events will focus on discussing ways to mobilize finance for climate action and green growth, drive renewable energy and green investment and bring benefits and create better lives and livelihoods for poor people in society by using green growth policies. Finance is an important issue. GGGW2016 will examine three aspects of finance: the importance of developing innovative international financial instruments for green growth, strengthening national financing vehicles and building solid project proposals. The biggest challenge is finance and we need to find blended financial models and innovative solutions to mobilize finance.”
Yvo de Boer
Director-General
GGGI

For further information:

David Abbass
dabbass@unfccc.int

Lisa Spafford
spafford@ieta.org