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
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 different
(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
(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
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.
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 finance.
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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