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Transparency of Support
 

Evolution of arrangements related to transparency of support

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Bodies involved in work related to transparency of support

Body Description of role
Standing Committee on Finance (SCF) One of the functions of the SCF involves assisting the COP in exercising its functions in relation to measurement, reporting and verification (MRV) of support (pdf-icon decision 2/CP.17, paragraph 121). At COP 21, it was decided that the SCF shall serve the Paris Agreement in line with its functions and responsibilities established under the COP (pdf-icon decision 1/CP.21, paragraph 63). Click here for more information.
Ad Hoc Working Group on the Paris Agreement (APA) The APA is tasked with preparing for the entry into force of the Agreement (pdf-icon decision 1/CP.21, paragraph 8). COP 21 requested the APA to develop recommendations for modalities, procedures and guidelines for the transparency framework for action and support referred to in Article 13 of the Agreement (pdf-icon decision 1/CP.21, paragraph 91).
Subsidiary Body for Scientific and Technological Advice (SBSTA) The SBSTA serves as the link between the scientific, technical and technological assessments and the information provided by competent international bodies, and the policy oriented needs of the COP (pdf-icon decision 6/CP.1). The SBSTA also serves the Paris Agreement in accordance with Article 18 of the Agreement.

COP 17 requested the SBSTA to develop methodologies for reporting financial information, taking into account existing international methodologies, and based on the experiences gained in preparing the first biennial reports (decision 2/CP.17, paragraph 19).

In the context of the adoption of the Paris Agreement, COP 21 requested the SBSTA to develop modalities for the accounting of financial resources provided and mobilized through public interventions in accordance with Article 9, paragraph 7, of the Agreement (decision 1/CP.21, paragraph 57).
Subsidiary Body for Implementation (SBI) The SBI is tasked with developing recommendations to assist the COP in its review and assessment of the implementation of the Convention and in the preparation and implementation of its decisions (pdf-icon decision 6/CP.1). The SBI also serves the Paris Agreement in accordance with Article 18 of the Agreement.

COP 17 requested the SBI to revise the UNFCCC reporting guidelines on national communications (decision 2/CP.17, paragraph 18), which includes guidelines on financial, technological and capacity-building support.

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Updated: 2 May 2017
Latest announcements
A technical paper on the modalities for the accounting of financial resources provided and mobilized through public interventions in accordance with Article 9, paragraph 7, of the Paris Agreement was prepared by the secretariat.

An In-session workshop was held during SBSTA 45 in Marrakech on the modalities for the accounting of financial resources provided and mobilized through public interventions in accordance with Article 9, paragraph 7, of the Paris Agreement
 
Links

Climate Finance Data Portal

Biennial Assessment and Overview of Climate Finance Flows