Standing Committee on Finance

In focus

At COP 16, Parties decided to establish a Standing Committee on Finance 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 on Finance 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of linkages with the Subsidiary Body for Implementation and thematic bodies of the Convention; the provision of draft guidance for the operating entities of the financial mechanism; the provision of recommendations on how to improve the coherence, effectiveness and efficiency of the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.

OVERVIEW

Contact information:
standingcommittee@unfccc.int

The co-chairs of the Standing Committee on Finance gave a presentation on the Standing Committee on Finance during an information event on the 5th of June, 2013, in the context of the thirty-eighth session of the Subsidiary Body for Implementation.
This presentation can be found pdf-icon

here. (108 kB)

MEETINGS

The next meeting of the Standing Committee on Finance will take place 4 to 5 March 2014 in Bonn, Germany. New!

Click here for meeting documents and information.

Click here for the webcast of the meeting.

FORUM

The Standing Committee on Finance is mandated 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.

Find out more about the first Forum of the Standing Committee on Finance.

Please also visit the virtual Forum of the Standing Committee on Finance.