Iceland’s Fast Start Finance – Status August 2013

Passed/Approved

Iceland’s Fast Start Finance – Status August 2013, Fast-Start Finance Report from Iceland in 2013

Actions to reduce emissions in energy generation and supply.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Justice is the ethical and political framework that addresses fairness, including issues of responsibility, rights, and structural inequity.

the fair distribution of risks and opportunities of climate change and the transition to a regenerative economy, cognisant in particular of disproportionate impacts on vulnerable communities and the working class

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Heat extracted from the ground, usually in the form of hot water or steam and typically referred to as hydrothermal fluid.

woman and genders outside of the gender binary

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

The management and allocation of funds, assets and investments to meet various objectives

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Iceland’s Fast Start Finance – Status August 2013

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