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Standing Committee on Finance


At the sixteenth session of the Conference of Parties (COP), 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of linkages with the Subsidiary Body for Implementation and thematic bodies of the Convention; the provision of draft guidance for the operating entities of the Financial Mechanism; the provision of recommendations on how to improve the coherence, effectiveness and efficiency of the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.

The work plan of the Standing Committee on Finance for the years 2014 to 2015 is available pdf-icon here (276 kB) .

OVERVIEW


Contact information:
standingcommittee@unfccc.int

Invitation for inputs
The Standing Committe on Finance invites for inputs from its members and observers by 31 January 2015, on information/case studies for the working paper on coherence and coordination for financing for forests. More

Preparation of the first Biennial Assessment and Overview of Climate Finance Flows

pdf-icon Side event, 3 December 2014 (205 kB) New!


Side events during SB 40
pdf-icon 13 June 2014: Update of the status of work on the fifth review of the Financial Mechanism (115 kB) pdf-icon Presentation on the work on the fifth review (155 kB)

MEETINGS

The eighth meeting of the Standing Committee on Finance took place from 1 to 3 October 2014 in Bonn, Germany.

Click here for meeting documents and information.

Click here for the webcast of the meeting. Image















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 second Forum of the Standing Committee on Finance.

More about the first Forum of the Standing Committee on Finance can be found here.

Virtual forum of the Standing Committee on Finance

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


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