How Can Service Delivery of Climate Finance be Secured Effectively?

Finance has been a major concern for countries of the G77 and China negotiating group of the UNFCCC. The Cancun Agreement enshrined the Copenhagen Accord commitment to a new Green Climate Fund with an interim Fast Start Funding package. However, policy analysis has been focusing on the international level, and there has been very little knowledge and understanding shared about the particular situations in individual countries. Financing of a sustainable climate deal is still a vision, not a reality, although pieces of the structure of a future package are now in place. This emerging structure is being formed from the global level – information about what is happening at country level can help inform its future development. It will be at the country level that efforts of development partners will be scrutinised under Monitoring, Reporting and Verification requirements.

This meeting will focus on the national level delivery of climate finance, and explore a number of issues:

·         What types of institutional structures are emerging to handle climate finance?

·         How does the international context interact with national governance of climate change?

·         How is the interface between development cooperation and climate change unfolding at country level? Does climate change present special challenges?

·         What are the main drivers for change from a development perspective? 

The event will provide the launch of the detailed results of the EDC 2020 project, funded by the European Commission, which has been to investigate the links between development cooperation and climate change strategies in developing countries up to 2020. Two case studies on climate finance and development cooperation in Indonesia and Bangladesh have just been completed that examine the existing and future evolution of climate finance at the national level. The studies provide ealry insights on the synergies and conflicts around development and climate finance which have been examined at EU and international levels in the project. Key results of the study will be presented by the researchers and experts will provide additional perspectives, response and commentary.

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