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 countries.
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
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 2012.