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Background Information: Long-term Finance
Background Information on Long-term Climate Finance for the Period 2014-2020
The work programme on long-term finance, launched by the Conference of the Parties (COP), at its
seventeenth session, and extended at its eighteenth session, concluded its work at its nineteenth
session in Warsaw.
COP 19, in decision
3/CP.19, included three types of activities concerning long-term climate finance for the period
2014 to 2020 including, biennial submission by developed country Parties on their updated
approaches and strategies for scaling up climate finance, continued deliberations on long-term
finance through in-session workshops, and biennial high-level ministerial dialogues.
Specifically, COP 19 requested developed country Parties to prepare biennial submissions on their
updated strategies and approaches for scaling up climate finance from 2014 to 2020, including any
available information on quantitative and qualitative elements of a pathway, including:
(a) Information to increase clarity on the expected levels of climate finance mobilized from
(b) Information on their policies, programmes and priorities;
(c) Information on actions and plans to mobilize additional finance;
(d) Information on how Parties are ensuring the balance between adaptation and mitigation, in
particular the needs of developing countries that are particularly vulnerable to the adverse
effects of climate change;
(e) Information on steps taken to enhance their enabling environments, following on from the report
of the co-chairs of the extended work programme on long-term finance.
COP 19 requested the secretariat to or organize in-session workshops to facilitate continued
deliberations of Parties on, inter alia, strategies and approaches for scaling up climate finance,
cooperation on enhanced enabling environments and support for readiness activities, and on needs
for support to developing countries from 2014 to 2020.
Further, COP 19 decided to convene biannually a high-level ministerial dialogue on climate finance
starting in 2014 and ending in 2020, informed by, inter alia, the workshops and the submissions
listed above. The COP requested the presidency of the Conference of the Parties to summarize the
deliberations of the dialogue.
Background Information on the Extended Work Programme on Long-term Finance in 2013
The Conference of the Parties (COP) at its eighteenth session in decision 4/CP.18, decided
to extend the work programme on long-term finance for one year to the end of 2013.
The aim of the work programme is to inform developed country Parties in their efforts to identify
pathways for mobilizing scaled-up climate finance to USD 100 billion per year by 2020 from public,
private and alternative sources in the context of meaningful mitigation actions and transparency on
implementation, and to inform Parties in enhancing their enabling environments and policy
frameworks to facilitate the mobilization and effective deployment of climate finance in developing
The President of COP 18 was invited by the COP to appoint two co-chairs, one from a developing
country Party and one from a developed country Party. The co-chairs,supported by the secretariat,
were requested to report back to the Conference of the Parties, at its nineteenth session, on the
outcomes of the work programme.
In the context of the agreed outcome pursuant to the Bali Action Plan in decision 4/CP.18, the
outcomes of the extended work programme on long-term finance will also inform the in-session
high-level ministerial dialogue under the Conference of the Parties, at its nineteenth session, in
its consideration of the progress made in the mobilization of the long-term finance and efforts
being undertaken by developed country Parties to scale up the mobilization of climate finance after
Background Information on the Work Programme on Long-term Finance in 2012
The Conference of the Parties (COP), at its seventeenth session, in decision 2/CP.17, decided
to undertake a work programme on long-term finance in 2012, including workshops, in order to make
progress on long-term finance in the context of decision 1/CP.16, paragraphs
The aim of the work programme is to contribute to the on-going efforts to scale up the mobilization
of climate change finance after 2012. As such it will analyze options for the mobilization of
resources from a wide variety of sources, public and private, bilateral and multilateral, including
alternative sources and relevant analytical work on climate-related financing needs of developing
countries. The analysis will draw upon relevant reports including that of the
High-level Advisory Group on Climate Financing and the report on mobilizing climate
finance for the Group of Twenty and the assessment criteria in the reports, and will also take
into account lessons learned from fast-start
The President of COP 17 was invited by the COP to appoint two Co-Chairs, one from a developing
country Party and one from a developed country Party. The secretariat was requested to assist the
Co-Chairs in supporting the workshops. Additionally, the Co-Chairs, supported by the secretariat,
were requested to prepare a report on the workshops for consideration by COP18.
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LTF work programme in 2012.
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