“Unstoppable” momentum brings Paris Agreement into force on 4 November – Ban Ki-moon

The Paris Agreement on climate change will enter into force on 4 November, as enough countries have signed on to the landmark accord to bring it to the emissions threshold that will trigger its implementation, United Nations Secretary-General Ban Ki-moon has announced.

“I am delighted to announce that today the Paris Agreement will cross the second and final threshold needed for entry into force, and will enter into force on 4 November 2016,” Ban said in a statement on 5 October.

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100 countries push to phase out potentially disastrous greenhouse gas

A loose coalition of more than 100 countries, including the US and European nations, is pushing for an early phase-out of hydrofluorocarbons (HFCs), a powerful greenhouse gas that if left unchecked is set to add a potentially disastrous 0.5C to global temperatures by the end of the century, the Guardian reports.


Read the full Guardian story here.

Trump impact on Paris Agreement would be ‘complex’ - new U.N. climate chief

Concerns abound about what a Donald Trump presidency in the United States could mean for the Paris Agreement, the new head of the U.N. Framework Convention on Climate Change has said.

In an interview with ClimateWire, Executive Secretary Patricia Espinosa said the way countries respond to any bid by the Republican Party nominee to withdraw the country from the deal, as he has threatened to do, would determine whether its consequences would be far-reaching.

SEforALL and Partners Host Webinar to Mitigate Foreign Exchange Risks

Foreign Exchange Risk ("FX Risk") is a key inhibitor of capital inflows and deal progress in the Power sector particularly in developing countries.

In an effort to underscore the importance of managing foreign exchange risks in energy infrastructure projects in Sub-Saharan Africa, Sustainable Energy for All (SEforALL), Power Africa, The Currency Exchange Fund (TCX), Persistent Energy Capital and Barclays Africa Group hosted a webinar bringing together African utilities, IPPs, finance ministries, developers among others.