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.
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.