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Introduction:
The UNFCCC secretariat has launched a project in 2007 to review and analyze investment and financial
flows relevant to the development of an effective and appropriate international response to climate
change, with particular focus on developing countries' needs, including their medium-to long-term
requirements for investment and finance.
This work was mandated by COP 12 and is to result in inputs to the fourth workshop under the
Dialogue (27-31 August
2007), and to COP 13 (December 2007), for
its deliberations on the fourth review of the financial mechanism. The inputs for this
discussion are in the form of a large technical  background
paper (1990 kB) assessing global investment and financial flows for mitigation and
adaptation sectors as well as three summary papers.
Report to the Dialogue: (748 kB) The report provides a
summary of findings on existing and potential investment and financial flows relevant to the
development of an effective and appropriate international response to climate change, covered in
detail in background paper.
A number of international financial institutions (IFIs), United Nations agencies,
intergovernmental organizations and non-governmental organizations, other relevant agencies, and
representatives of the private sector and civil society have been invited to participate in a
consultative process for sharing their experience and views on existing and planned investment and
financial mechanisms.
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Background paper: