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Standing Committee on Finance
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photo: CDM Photo Contest/UNFCCC
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photo: Hyunwoo Kim/UNFCCC
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photo: Yolando Velasco/UNFCCC
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At COP 16, Parties decided to establish a Standing Committee to assist the COP in exercising its
functions in relation to the financial mechanism of the Convention. This involves 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.
The Standing Committee will conduct activities such as: the organization of a forum for communication
and continued exchange of information among bodies and entities dealing with climate change finance; the
maintaining of linkages with the Subsidiary Body for Implementation and thematic bodies of the Convention;
the provision of draft guidance for the operating entities of the financial mechanism; the provision
of recommendations on how to improve the coherence, effectiveness and efficiency of the operating
entities of the financial mechanism; the provision of expert input into the preparation and conduct of the
periodic reviews of the financial mechanism; and the preparation of a biennial assessment, overview of
climate finance flows.
During COP 17, Parties further defined the roles and functions, as well as the composition and working
modalities, of the Standing Committee. At COP 18, Parties decided to change the name to Standing Committee
on Finance.
OVERVIEW
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MEETINGS
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Contact
information:
standingcommittee@unfccc.int
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The third meeting of the Standing Committee on Finance will take place on 8 - 10 March in
Bonn, Germany. New!
Click here for
meeting documents and information
The second meeting of the Standing Committee on Finance took
place on 4 - 6 October 2012 in Cape Town, South Africa.
Click here for
meeting documents and information
The first meeting of the Standing Committee on Finance took
place on 6 - 8 September 2012 in Bangkok, Thailand.
Click here for
meeting documents and information.
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FORUM
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ADDITIONAL INFORMATION
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The Standing Committee on Finance is mandated by  decision 2/CP.17 to
organize a forum for the communication and continued exchange of information among bodies and
entities dealing with climate change finance in order to promote linkages and coherence.
Further information on the Standing Committee on Finance forum will be provided through this
website at a later stage.
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Relevant Documents
Useful Links
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Last updated 5 March 2013
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