Overview of Recent Climate Finance Assessments and Reports
This update highlights the latest information regarding climate finance, including the Fourth Biennial Assessment and Overview of Climate Finance Flows. It includes methodological issues, updated data on climate finance flows, assessment of climate finance, and mapping information relevant to the Paris Agreement. Additionally, the update covers the First Report on the Determination of Needs of Developing Country Parties, focusing on implementing the Convention and the Paris Agreement. The reports include details on outreach activities, webinars, and submissions from various stakeholders.
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Presentation Transcript
Progress Update STANDING COMMITTEE ON FINANCE
Fourth Biennial Assessment and Fourth Biennial Assessment and Overview of Climate Finance Flows Overview of Climate Finance Flows Latest updated information on climate finance. Technical Report + Summary and Recommendations. Four Chapters 1. Methodological issues on climate finance 2. Updated data of climate finance flows in 2017 and 2018 3. Assessment of climate finance flows 4. Mapping information relevant to Article 2.1(c) of the Paris Agreement.
Fourth Biennial Assessment and Fourth Biennial Assessment and Overview of Climate Finance Flows Overview of Climate Finance Flows mid 2021 November 2019: Call For Evidence Launched Fourth BA publication 29 Submissions received from Parties and non-Party stakeholders Series of Outreach Webinars First Outreach Webinar 13 October 2020: Climate finance impacts and results 7 April 2020: Webinar for contributors and experts 20 October 2020: Climate finance data quality, methods and effectiveness 6 November 2020: Mapping information on Article 2, paragraph 1(c) of the Paris Agreement
First Report on the Determination of Needs of Developing Country Parties First Report on the Determination of Needs of Developing Country Parties to Implement the Convention and the Paris Agreement to Implement the Convention and the Paris Agreement First report of its kind, the report outline, workplan, outreach activities and indicative timeline have been agreed by the SCF. To include existing information and data based on official national reports to the UNFCCC, as well as other regional and global reports. As part of the outreach activities, the SCF issued a call for Evidence and hosted informal regional webinars to inform the development of the report.
First Report on the Determination of Needs of Developing Country Parties First Report on the Determination of Needs of Developing Country Parties to Implement the Convention and the Paris Agreement to Implement the Convention and the Paris Agreement mid 2021 November 2019: Call For Evidence Launched First NDR publication 28 Submissions received from Parties and non-Party stakeholders Series of Informal Regional Outreach Webinars First Outreach Webinar 17 September 2020: Africa and Eastern Europe 7 April 2020: Webinar for contributors and experts 24 September 2020: Latin America and the Caribbean 14 October 2020: Asia and the Pacific
Forum on Finance for Forum on Finance for Nature Nature- -based Solutions based Solutions Draft Programme developed based on themes and sub-themes agreed by SCF in 2019. 45 submissions received from the call for inputs. Virtual consultation held with submitters, Parties and interested stakeholders on 5 November. Draft Programme to be updated going forward. Forum to be held in 2021. Forum dates and location continue to be explored.
Draft guidance to the operating entities Draft guidance to the operating entities of the Financial Mechanism of the Financial Mechanism No guidance will be provided to the operating entities in 2020, as no COP in 2020. SCF to share with Parties and Constituted Bodies the annual reports of the GCF/GEF once they become available (GEF is already provided). Remind Parties the invitation by the COP to submit to the secretariat their views and recommendations on elements to be taken into account in developing the guidance. Submissions can be provided in 2020 and/or 2021; SCF plans to compile submissions for a consideration by the Committee. SCF plans to discuss on how it will prepare the draft guidance at its next meeting.
