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High-level Ministerial Dialogue on Climate Finance
A multi-stakeholder approach to mobilization and delivery
of adaptation finance




Date:   Wednesday, 16 November 2016, 15:00-18:30
Participation: Open to all Parties and observers attending COP 22
Programme:   pdf-icon Click here (417 kB)
Webcast: Click here
Statements from Parties and observers: click here



Introduction and context

The first High-level Ministerial Dialogue on Climate Finance – held at the twentieth session of the Conference of Parties (COP) in Lima - provided Ministers and State representatives with an opportunity to reflect collectively on the path to meet the climate financing needs faced by developing countries, including the USD 100 billion goal per year by 2020.

The dialogue provided a clear political signal on the need to enable the successful mobilization, deployment, and use of climate finance for the pre-2020 period. Ministers agreed then on the need to ensure accessibility and clarity in the use of climate finance. Ministers also called for improving how the Convention deals with these issues.

In Lima, the COP decided that the second biennial high-level ministerial dialogue on climate finance will take place in Marrakech during the COP 22, to be informed by the 2016 biennial assessment and overview of climate finance flows of the Standing Committee on Finance, and to discuss adaptation finance; the need to support developing country Parties; cooperation on enabling enhanced environments and support for readiness activities.

These priorities are in line with the conclusions drawn from the in-session workshop on long-term finance held in Bonn, in May 2016 (held in-line with decision 5/CP.20), they include:

a) The nationally determined contributions (NDCs) constitute a good opportunity for supporting the scaling up of climate finance, including adaptation finance whose access remains a challenge, particularly for small island developing States and least developed countries;

b) Country-driven processes in developing countries are fundamental for scaling up climate finance; strengthening national public financing management system and the overall policy environment is vital to effectively manage, leverage and monitor the effectiveness of climate finance flows;

c) The role of the private sector in adaptation finance needs to be further enhanced;

d) Better information needs to be generated for more efficient planning, including through enhanced tracking of climate finance flows, particularly for adaptation finance.


Purpose of the Dialogue

The Ministerial Dialogue will convene at COP 22 in Marrakech to provide a clear vision on how to make further progress on the mobilization of climate finance, supported by the broadest range of Parties.

In line with the COP 22 focus, the success of the Dialogue will be assessed in terms of its capacity to enable real action for concrete results. Therefore, the Ministerial Dialogue is expected to focus on enabling and delivering concrete initiatives on leveraging and catalyzing public and private finance, with a particular focus on mobilization of adaptation finance in developing and emerging economies.

In this regard, the Dialogue will allow the announcement and acknowledgement of concrete and impact-driven initiatives on climate finance mobilized and engagement of actors such as initiatives stemming from related events such as the Facilitative Dialogue on enhancing ambition and support.

The High-Level Ministerial Dialogue on Climate Finance will pay particular attention to issues and opportunities related to enhancing access, in addition to the delivery of climate finance and developing innovative tools in order to sustain the transformation towards a climate-resilient economy. A space will also be provided to discuss the concrete roadmap to achieve the target of USD 100 billion per year by 2020. The dialogue will also allow to present examples of initiatives to deliver scaled-up public and private finance.

As such, the Ministerial Dialogue will cover the key issues identified in the attached provisional program.


Approach

The Dialogue will be led by the President of COP 22, CMP 12 and CMA 1, Mr. Salaheddine Mezouar, Minister of Foreign Affairs of Morocco, and moderated by high level climate finance experts. Ministers are encouraged to come prepared for an interactive and lively dialogue on the aforementioned issues.

Brief scene-setting presentations followed by high-level panels will help launch the discussions by delivering targeted and forward looking thoughts on the topics at hand. The moderators will then call upon participants to contribute to the discussion by reacting to the presentations, the panel discussions and views expressed by other Parties.

The organization of this part of the event will also be conducted in the spirit of enhanced time management at the session. Consequently Parties should note that it may not be possible to accommodate all requests in the three hour period available, unless participants are focused to limit their interventions to 3 minutes. Priority will be given to those speaking on behalf of groups of Parties. Noting that this event will take place in parallel to the delivery of national statements to the High-level Segment, Parties are encouraged to indicate in advance their desire to intervene by contacting the UNFCCC secretariat. Views may be provided in writing in advance of the event and will be made available on the UNFCCC website.

The Dialogue will be held in an enhanced plenary setting that is conducive to an interactive discussions. Delegations will be provided with one seat at the table and one seat in an advisory row. In addition, adequate dedicated seating areas will be made available for Parties, other members of delegations and representatives of observer organizations. Furthermore, the event will be webcast.

In order to promote interaction, contributions have been timely planned. Speakers and presenters will be informed in advance of their time limits and are kindly requested to abide by them.

The Dialogue will take place in Plenary Casablanca, on Wednesday, 16 November 2016 from 15:00 to 18:30. The Dialogue will be open to observers. Further information will be made available in the Daily Program and on CCTV. Interpretations in the official languages of the United Nations will be provided.

Interpretation in the official languages of the United Nations will be provided.

Statements from Parties and observers .

Title
Inaugural Session
First Track
“Financial Policies For Climate Action”
  • H.E. Mr. Frank Bainimarama, Prime Minister of the Republic of Fiji
    pdf-icon Statement (160 kB)
  • H.E. Mr. Peter Thomson, President of the 71st session of the United Nations
    pdf-icon Statement (99 kB)
  • H.E. Mr. Mohamed Boussaid, Minister of Economy and Finance, Morocco
    pdf-icon Statement (279 kB)
Second Track
“Scaling-Up Climate Finance And Widening The Field”
  • H.E. Edgar Lungu, President of the Republic of Zambia
    pdf-icon Statement (294 kB)
  • Ms. Outi Honkatukia, Chief Negotiator for Climate Change, Finland and co-chair of the SCF
    pdf-icon Presentation (896 kB)
  • Ms. Naoko Ishii, CEO and Chairperson of the Global Environment Facility
    pdf-icon Statement (159 kB)
  • Mr. Thoriq Ibrahim, Minister of Environment and Energy, Maldives, Chair of AOSIS
    pdf-icon Statement (1469 kB)
  • Mrs. Isabella Lövin, Deputy Prime Minister of Sweden
    pdf-icon Statement (105 kB)
  • Mr. Sean Kidney, CEO and co-Founder of the Climate Bonds Initiative, and Chair of the Climate Bonds Standards Board
    pdf-icon Background on climate bonds (712 kB)
Discussion Session
Statements from Parties
Statements from observers
Closing Session
  • Mr. Salaheddine Mezouar, President of COP 22, CMP 12 and CMA 1
    pdf-icon Closing statement (245 kB)


Further relevant information on the Dialogue, including statements from other participants, will be posted here when available.
For any questions, please contact the secretariat.


Last edited: 17 November 2016