The mandate of the Standing Committee is to assist the COP in exercising its functions with respect
to the financial mechanism of the Convention in terms of the following: improving coherence and
coordination in the delivery of climate change financing; rationalization of the financial mechanism;
mobilization of financial resources; and measurement, reporting and verification of support provided to
developing country Parties. It was established by the COP at its sixteenth session by decision 1/CP.16.
Its roles and functions were further defined and its composition and working modalities elaborated on at
information on the Standing Committee