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Needs-based Finance Project
Mandates

Long-term finance decisions:

2023 4/CP.28, para. 17-18
2022 13/CP.27, para. 11
2021 4/CP.26, para. 22
2017 6/CP.23, para. 10
NBF Brochures

NBF Report to COP29 (2024)
NBF Project brochure (2023)
NBF Project brochure (2022)
NBF Project brochure (2020–2021)

Upcoming Events

Investment Forum for Island States in the Indian Ocean,  
Republic of Maldives [Date tbc]

Contact

Email for more information: 
nbfproject@unfccc.int 


Main office
UNFCCC secretariat
UN Campus
Platz der Vereinten Nationen 1
53113 Bonn
Germany

Mailing address
UNFCCC secretariat
P.O. Box 260124
D-53153 Bonn
Germany

NBF landing page hero

Mandate 

The COP requests the secretariat, in collaboration with the operating entities of the Financial Mechanism, United Nations agencies and bilateral, regional and other multilateral channels, to explore ways and means to assist developing country Parties in assessing their needs and priorities, in a country-driven manner, including technological and capacity-building needs, and in translating climate finance needs into action.

In response to these COP mandates, the UN Climate Change secretariat established the Needs-based Finance (NBF) project in 2017. The project facilitates the collaboration with partners to support the access and mobilization of climate finance. It focuses on implementing priority mitigation and adaptation measures identified by developing countries, in line with their Nationally Determined Contributions (NDCs), national adaptation plans, and other relevant policies. 


Approach

The NBF project is being implemented at the regional or national level of countries. The approach consists of three phases:

NBF process III
Credit: UNFCCC

Phase 1: Technical assessment of climate finance needs and priorities

  1. Assessment of climate finance needs and priorities across sectors, based on official communications to the UNFCCC (NDCs, NCs, NAPs, BURs, etc.) and national policies, plans, and programs for each country in the region.
  2. Assessment of climate finance flows from international, regional, and domestic sources, mapping channels, instruments, and providers for each country in the region.
  3. Identification of barriers to accessing and mobilizing climate finance, and identification of climate finance gaps for the region.
  4. Incorporation of feedback on the draft technical assessment of climate finance needs and priorities through engagement with all country focal points and experts.

Phase 2: Climate Finance Mobilization and Access Strategy

  1. Based on the needs, flows, barriers, and gaps identified in the technical assessment, facilitate the development by countries of a Climate Finance Access and Mobilization Strategy for the region.
  2. Incorporation of feedback on the draft technical assessment of climate finance needs and priorities through engagement with all country focal points and experts.
  3. Validation and endorsement of the technical assessment and Climate Finance Mobilization and Access Strategy at the region's highest political level.

Phase 3: Implementation of priorities

  1. Conduct training jointly with all Financial Mechanism entities (GEF, GCF, AF, etc.) to enhance countries' understanding of project development and submission requirements, aligning them with the standards of various funding institutions.
  2. Development of a regional pipeline of climate finance projects for all countries that establishes a consensus on regional climate finance priorities and delivers project concepts for further development by selected implementation partners.
  3. UNFCCC exit and hand over the regional project pipeline to potential investors and sponsors in an investment forum organized to present and match projects with financial opportunities to accelerate implementation, advancing the Climate Finance Mobilization and Access Strategy.

 

Project status
Countries supported 112
Comprising regions 12
Technical assessments published 14
Regional Climate Finance Strategies published 9
Project / Programme / Readiness under development 31
Training workshops on Climate Finance and Access & Mobilization 8
Technical workshops conducted 23
High-level & Side events conducted 9
Partners signed 11
Country representatives in attendance 200

 

Regional-Projects
Regional activities
UAE skyline
Arab States


Participating countries: Algeria, Bahrain, Comoros, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Qatar, Saudi Arabia, Somalia, State of Palestine, Sudan, Syrian Arab Republic, Tunisia, United Arab Emirates, Yemen

Partners & collaboration: League of Arab States and United Nations Economic and Social Commission for Western Asia (UNESCWA)

Climate finance flows: Average USD 3.6 billion a year between 2013 and 2018

Climate finance needs: Between USD 436 billion and USD 478 billion by 2030

Adaptation

  • Estimated costed needs: USD 200 billion over 11–20 years
  • Priority sectors: Agriculture, food security, coastal zones, health sector, water sector

Mitigation

  • Estimated costed needs: USD 163 billion over 5–20 years
  • Priority sectors: Energy, transport, waste
     
Events
Inception workshop November 2019
Technical Workshop for Finance Experts February 2020
Consultation on the Technical Assessment to inform the Strategy May 2021
Training workshop on climate finance access in the Arab States September 2022

 

Publications
Technical Assessment of Climate Finance in the Arab States March 2022

 

East Africa


Participating countries: Burundi, Democratic Republic of Congo, Kenya, Rwanda, South Sudan, United Republic of Tanzania, Uganda

Partners & collaboration: Eastern African Community (EAC)

Climate finance flows: Average of USD 2.5 billion per year between 2013 and 2018

Climate finance needs: Approximately USD 374 billion by 2030

Adaptation

  • Estimated costed needs: USD 147.76 billion by 2030
  • Priority sectors: agriculture, biodiversity, tourism, coastal marine environment and fisheries, education, energy, forestry, human health, human settlements, infrastructure science and technology, water resources

Mitigation

  • Estimated costed needs: Between USD 121.5 and USD 470 billion by 2030
  • Priority sectors: agriculture, energy, forestry, industry, land use, transport, waste, wetland

Climate Finance Access and Mobilization Strategy: 

Strategic areas

  1. Strengthening technical skills related to climate finance through capacity building at the national and regional level
  2. Enhancing capacity and mechanisms for developing and implementing mitigation and adaptation projects at national and regional level
  3. Enhancing enabling environments for mobilizing funding and catalyzing public and private investment
  4. Identifying and mobilizing effective, innovative, and appropriate additional finance for priority actions
Events
Inception workshop February 2020
Pre-validation workshop December 2020

Validation workshop - Part I
Validation workshop - Part II

 April 2021
June 2021
Technical Working Group Meeting, Finalization of the Strategy March 2022
Training workshop on climate finance access and mobilization April 2023

 

Publications
Technical Assessment of Climate Finance in the East African Community March 2022
Climate Finance Access and Mobilization Strategy April 2022
Climate Finance Access and Mobilization Strategy - Final draft Implementation Plan as of 20 December 2022 December 2022

 

African forest.
Southern Africa


Participating countries: Angola, Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, South Africa, Zambia, Zimbabwe

Partners & collaboration:  African Union Development Agency - New Partnership for Africa’s Development (AUDA -NEPAD)
 

Technical Assessment and Climate Finance Access and Mobilization Strategy underdevelopment

Events
Inception Workshop November 2019

 

Africa Climate Week - Knowledge to Action Day
West Africa


Participating countries: Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo

Partners & collaboration: Economic Community of West African States (ECOWAS), West African Alliance on Carbon Markets and Climate Finance

Climate finance flows: An average of USD 2.6 billion a year between 2013 and 2018

Climate finance needs: Approximate of USD 294 billion by 2030

Adaptation

  • Estimated costed needs: USD 50 billion by 2030
  • Priority sectors: agriculture, biodiversity and ecosystems, coastal protection, energy, fisheries, forestry and land use, health, human settlements, livestock, tourism, vulnerable groups, water resources

Mitigation

  • Estimated costed needs: USD 294 billion by 2030
  • Priority sectors: Agriculture, forestry, and other land use, energy, industrial processes and product use, transport, waste

Climate Finance Access and Mobilization Strategy:

Strategic areas

  1. Enhanced enabling environment for mobilizing funding and catalyzing private investment
  2. Enhancing technical capacity for developing and implementing mitigation and adaptation projects
  3. Enhancing institutional capacity and mechanisms at the national and regional level for the coordination of climate finance mobilization
  4. Identifying and mobilizing effective, innovative, and appropriate financing for priority climate actions
  5. Strengthening and developing MRV systems for means of implementation
Events
Inception workshop October 2020
Validation workshop July 2021

Meeting of the Specialized Technical Committee of Ministers

 April 2022
ECOWAS NBF Climate Finance Training Workshop August 2023

 

Publications
Technical Assessment of Climate Finance in West Africa December 2021
ECOWAS Climate Finance Analysis of strengths, weaknesses, opportunities, and threats July 2021

Climate Finance Access and Mobilization Strategy for ECOWAS Countries (2022-2031)

 July 2022
Climate Finance Access and Mobilization Strategy for ECOWAS Countries (2022-2031) - Final Draft Implementation Plan July 2022

 

asia
Asian Least Developed Countries


Participating countries: Bangladesh, Bhutan, Cambodia, Lao People’s Democratic Republic, Nepal, Timor-Leste

Partners & collaboration: Government of Bhutan, The Economic and Social Commission for Asia and the Pacific (ESCAP)

Climate finance flows: USD 13.9 billion between 2013 and 2018

Climate finance needs: Over USD 200 billion by 2030

Adaptation

  • An estimate of USD 45 billion by 2030
  • Priority sectors: Coastal zone protection and marine resources, Disaster prevention, Food security, Infrastructure, Water supply and sanitation

Mitigation

  • An estimate of USD 60 billion by 2030
  • Priority sectors: domestic fuel efficiency, energy efficiency, forestry and land use, industry, renewable energy, transport, waste

Climate Finance Access and Mobilization Strategy:

Strategic areas

  1. Identifying and mobilizing effective and appropriate financing for climate action in the subregion
  2. Strengthening coordination and collaboration to enable effective mobilization of climate finance for the subregion
  3. Promoting research and development to further strengthen awareness, capacity-building, and science and innovation for financing climate action
  4. Increasing climate finance to deliver meaningful technology transfer
Events
Inception workshop October 2020
Pre-validation workshop February 2021
Training Workshop on Climate Finance Access and Mobilization for the LDCs in Asia August 2022
Asia Investment Forum (includes outcome document) November 2024

 

Publications
Technical assessment of Climate Finance in the LDCs in Asia July 2022
Climate Finance Access and Mobilization Strategy for LDCs  in Asia November 2022

 

russian website photo
Central Asia and South Caucasus


Participating countries: Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan, Uzbekistan, Armenia, Azerbaijan, Georgia

Partners & collaboration: Central Asia Regional Economic Cooperation Program (CAREC), United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Climate finance flows: An average of USD 1.5 billion a year between 2013 and 2018

Climate finance needs: Approximately USD 380 billion by 2030

Adaptation

  • USD 4.84 billion up to 2030
  • Priority sectors: critical infrastructure, tourism, water supply and sanitation, health, biodiversity, food security (agriculture, livestock, fisheries), coastal zone protection and marine resources, disaster risk reduction.

Mitigation

  • USD 9.34 billion up to 2030
  • Priority sectors: energy, transport, agriculture, industrial processes and product use, waste

Climate Finance Access and Mobilization Strategy: 

Strategic Areas

  1. Institutional capacity-building at the national and regional level (5 years)
  2. Enhance access to existing climate finance resources (2–3 years)
  3. Climate finance mobilization (3–5 years)
Events
Inception workshop December 2020
Pre-validation workshop May 2021
Climate Finance Forum (incl. Training Workshop and NDC Partnership event) July 2023

 

Publications
Technical assessment of Climate Finance in Central Asia and South Caucasus May 2023
Climate Finance Access and Mobilization Strategy for Central Asia and South Caucasus (2023–2030) June 2023

 

report_2023 Review of Climate Ambition in Asia and the Pacific
South-East Asia


Participating countries: Brunei Darussalam, Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam

Partners & collaboration: The Economic and Social Commission for Asia and the Pacific (ESCAP), Association of Southeast Asian Nations (ASEAN)

Climate finance flows: USD 3.2 billion a year (between 2013 and 2017)

Climate finance needs: USD 422 billion up to 2030

 Adaptation

  • USD 129.15 billion up to 2030
  • Priority sectors: Biodiversity, forestry and watershed management, coastal zone protection and marine resources, food security (agriculture, livestock, and fisheries), public health, water supply and sanitation

Mitigation

  • USD 293.01 billion up to 2030
  • Priority sectors: Energy efficiency, forestry and other land use, industrial processes, renewable energy, waste management
     
Events
Technical Workshop on Climate Finance October 2019
Technical Workshop on Climate Finance II August 2020
Training workshop on Climate Finance access and mobilization for the ASEAN region March 2023
Asia Investment Forum (includes outcome document) November 2024

 

Publications
Technical Assessment of Climate Finance in South-East Asia January 2022
Climate Finance Access and Mobilization Strategy for the Member States of the Association of Southeast Asian Nations (2024-2030) December 2024

 

Grenada, Caribbean Island
Eastern Caribbean


Participating countries: Antigua and Barbuda, Dominica, Grenada, Saint Lucia, St Kitts and Nevis, Saint Vincent and the Grenadines

Partners & collaboration: Organization of Eastern Caribbean States

Climate finance flows: Average USD 84,856 million per year (2010–2019)

Climate finance needs: Approximate of USD 3.75 billion by 2030

Adaptation

  • USD 757 million up to 2030 (2022-2030)
  • Priority sectors: agriculture, disaster risk reduction, ecosystems, energy availability, food security, health, human settlements, sustainable land management, water

Mitigation

  • USD 1.5 billion up to 2030 (2022-2030)
  • Priority sectors: agriculture, energy, fishing, forestry, land-use change, health, manufacturing and construction, tourism, transportation, water, waste

Climate Finance Access and Mobilization Strategy: 

Strategic Areas

  1. Access to predictable and sufficient climate finance
  2. Adaptation and resilience to extreme weather and slow onset climatic events
  3. Harness blue economy and carbon pricing opportunities
  4. Expand capacity-building and awareness-raising
  5. Strengthen and developing MRV of climate finance
Events
Inception and validation workshop September 2022
Organization of Eastern Caribbean States (OECS) Needs Based Finance (NBF) Training Workshop March 2023

 

Publications
Technical Assessment of Climate Finance in Eastern Caribbean States October 2022
Organization of Eastern Caribbean States Climate Finance Access and Mobilization (2023–2030) October 2023

 

Unlocking sustainable future in SIDS, co-organized by RCC Caribbean
Caribbean


Participating countries: Trinidad & Tobago, Suriname, Jamaica, Haiti, Guyana, Belize, Barbados, Bahamas

Partners & collaboration: Caribbean Community (CARICOM)
 

Technical Assessment and Climate Finance Access and Mobilization Strategy under development

Small Island Developing State
Island States in the Indian Ocean


Participating countries: Comoros, Madagascar, Maldives, Mauritius, Seychelles, Sri Lanka

Partners & collaboration: Government of Maldives

Climate finance flows: USD 6.18 billion in international public climate funds from developed countries between 1991 and 2020

Climate finance needs: Approximate of USD 50 billion by 2030

Adaptation

  • Approximate of USD 33.4 billion
  • Priority sectors: coastal zone protection, critical infrastructure, food security, health, tourism, water security

Mitigation

  • Approximate of USD 9.5 billion
  • Priority sectors: forestry, renewable energy, transport

Climate Finance Access and Mobilization Strategy: 

Strategic areas

  1. Scaling up climate finance for adaptation
  2. Partners and sources of finance
  3. Capacity-building and awareness-raising
  4. Enabling policies
  5. Institutional arrangements
  6. MRV and transparency
Events
Validation workshop March 2020
Training workshop May 2022

 

Publications
Technical Assessment of Climate Finance for Island States in the Indian Ocean April 2022
Climate Finance Access and Mobilization Strategy for Island States in the Indian Ocean (2022-2025) April 2022
RCC Asia and the Pacific: NDCs Webinar for Pacific region
Melanesia


Participating countries: Fiji, Papua New Guinea, Solomon Islands, Vanuatu

Partners & collaboration: The Melanesian Spearhead Group Secretariat (MSG)

Project stage: Technical analysis and strategy design completed, undergoing funder outreach and implementation

The NBF Project with four Melanesian island States of Fiji, Papua New Guinea, Solomon Islands and Vanuatu was launched in 2018, and the sub-regional Climate Finance Strategy is the main outcome of the Project, which captures the technical work done over the year by UNFCCC as well as the result of multiple consultations with the national experts from the four countries.

Further details related to the NBF project in Melanesia can be viewed here.

Publications
Technical assessment for the MSG Climate Finance Strategy 2019 - 2021 June 2019
Climate Finance Strategy for Melanesia (2019-2021) June 2019
Oxygen concentrations in ocean water decline
Pacific


Participating countries: Cook Islands, Federated States of Micronesia, Fiji, Kiribati, Nauru, Niue, Palau, Papua New Guinea, Republic of Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu

Regional partner entity: Pacific Islands Forum Secretariat (PIFS)

Technical Assessment and Climate Finance Access and Mobilization Strategy under development

Thematic Activities
Climate Finance for LDCs and SIDS Facing Conflict and Severe Humanitarian Needs (FINCOAHN)

Countries and their communities affected by conflict and severe humanitarian needs are among the most vulnerable to climate change, yet they face some of the highest barriers to accessing climate finance.

To support this effort, under the NBF Project the secretariat in collaboration with the g7+ Secretariat (also representing the Anwar Gargash Diplomatic Academy (AGDA) and the Overseas Development Institute (ODI)), and the World Food Programme (WFP), is facilitating support for five countries: Chad, Papua New Guinea, the Republic of South Sudan, Timor-Leste and Yemen. This NBF activity aims to help these countries develop tailored strategies to access the climate finance they need to build resilience and adapt to the growing impacts of climate change.


Events

Workshop on Access to Climate Finance for Countries Facing Conflict and Severe Humanitarian Needs

 26 – 27 February 2025
National Activities
Antigua and Barbuda

In Antigua and Barbuda, the NBF project was implemented by the Department of Environment, as the national focal point for climate change, in collaboration with the Ministry of Finance and Corporate Governance.

The project resulted in a report that aims to provide an assessment and overview of Antigua and Barbuda’s public and private finance flows relevant to climate change. In doing so, it identifies climate-related finance within budget spending and international climate finance receipts. It considers how private actors have engaged with, or are affected by, climate change and surveys the tools available to the Government to make all finance flows more consistent with climate actions.

The report acts as a springboard for Antigua and Barbuda, and ongoing projects will continue to refine the methods within, and complement the results of, this report.

Project timeframe: May 2019 – July 2020

Project report: Assessment and Overview of Climate Finance Flows: Antigua And Barbuda 2014–2017

Belize

The NBF project activities in Belize are being carried out by the Ministry of Sustainable Development, Climate Change and Disaster Risk Management.

The UNFCCC secretariat has collaborated with the Government of Belize on the NBF project resulting in two technical reports:

Multilateral Climate Finance in Support of Belize' NDC Implementation (May 2021)

Potential Investment from the Private Sector for Climate Finance in Belize (April 2021)

These are taken up as technical input to a climate finance strategy developed by the Government.

Cuba

The NBF activity in Cuba is being carried out with the Cuban Ministry for Science, Technology, and Environment, in close consultation with other government institutions and national experts. A technical assessment developed shows that Cuba received USD 120 million in international climate finance between 2002 and 2018, primarily for mitigation projects, despite adaptation being defined as a priority in its nationally determined contribution (NDC). Challenges faced by Cuba in accessing climate finance include a lack of financial institutions and project development capacity and expertise, as well as integrating climate change in development plans. A Climate Finance Strategy for the country is being developed to in order to finance the implementation of the country’s NDC and its State Plan for Confronting Climate Change known as “Tarea Vida”.

Publications

Technical Assessment of Climate Finance in Cuba

Climate Finance Access and Mobilization Strategy for Cuba 2022-2030

Dominican Republic

The NBF activity in the Dominican Republic is being carried out with the National Council for Climate Change and Clean Development Mechanism, Dominican Republic. An assessment of climate finance flows has shown that international climate finance provided to the country has fluctuated between USD 54 million and 250 million per year (2014-2017). Mitigation activities in the energy, industry and agriculture, forestry and other land use sectors remain a high priority, as do adaptation needs in the water, biodiversity, human settlement and infrastructure sectors. These initial findings from the technical assessment developed with the help of experts in the region form the basis for the climate finance strategy under development, which will be aligned with national policies and programmes.

Publications

Technical Assessment of Climate Finance in Dominican Republic

Honduras

The NBF activity in Honduras is being carried out with the Presidential Office for Climate Change (Clima+). A climate finance assessment has shown that climate finance varied between USD 44 million and 253 million per year (2015 - 2019) and includes a compilation and analysis of prioritized mitigation and adaptation actions as well as information on relevant institutions and existing tools and resources for financing NDC implementation. Based on the findings of the assessment, a toolbox of strategic actions is being developed to help the design of the National Climate Finance Strategy. A series of virtual workshops have been held to build capacity to improve access and to mobilize climate finance.

Technical Assessment of Climate Finance in Honduras

Mandates

Long-term finance decisions:

2023 14/CP.28, para. 17-18
2022 13/CP.27, para. 11
2021 4/CP.26, para. 22
2017 6/CP.23, para. 10


 

Latest publication

NBF Report to COP29 (2024)

Documents
NBF pi documents page
Credit: UNFCCC

Climate Finance Strategies

Region/Country Document Timeframe
South-East Asia Climate Finance Access and Mobilization Strategy for the Member States of the Association of Southeast Asian Nations (2024-2030) 2024-2030
Asian Least Developed Countries Climate Finance Access and Mobilization Strategy for the LDCs in Asia (2022-2030)  2022-2030
Central Asia and South Caucasus Climate Finance Access and Mobilization Strategy for Central Asia and South Caucasus Countries (2023–2030) 2023-2030
Eastern Africa Climate Finance Access and Mobilization Strategy for the East African Community (2022/23–2031/32) 2022/23-2031/32
Eastern Caribbean Organization of Eastern Caribbean States Climate Finance Access and Mobilization (2023–2030) 2023-2030
Island States in the Indian Ocean Climate Finance Access and Mobilization Strategy for Island States in the Indian Ocean (2022-2025) 2022-2025
West Africa

Climate Finance Access and Mobilization Strategy for ECOWAS Countries (2022-2031)

2022-2031
Cuba Climate Finance Access and Mobilization Strategy for Cuba (2022-2030) 2022-2030
Melanesia Climate Finance Strategy for Melanesia (2019-2021) 2019-2021


Technical Assessments 

Region/Country Document Publication
Arab States Technical Assessment of Climate Finance in the Arab States March 2022
Asian Least Developed Countries Technical Assessment of Climate Finance in the Least Developed Countries in Asia July 2022
Central Asia and South Caucasus Technical Assessment of Climate Finance in Central Asia and South Caucasus May 2023
Eastern Africa Technical Assessment of Climate Finance in the East African Community December 2021
Eastern Caribbean Technical Assessment of Climate Finance in Eastern Caribbean States October 2022
Island States in the Indian Ocean Technical Assessment of Climate Finance for Island States in the Indian Ocean April 2022
South-East Asia Technical Assessment of Climate Finance in South-East Asia January  2022
West Africa  Technical Assessment of Climate Finance in West Africa December  2021
Antigua and Barbuda Assessment and Overview of Climate Finance Flows: Antigua and Barbuda 2014-2017 June 2020
Belize

Potential Investments from the Private Sector for Climate Action in Belize

 November 2021
Cuba Technical Assessment of Climate Finance in Cuba September 2022
Honduras Technical Assessment of Climate Finance in Honduras October 2022
Dominican Republic Technical Assessment of Climate Finance in the Dominican Republic October 2022
Melanesia Technical Assessment June 2017


Brochures 

2024 NBF Report to COP29 
2023 Translating Needs into Action – Update on the Needs-based Climate Finance Project
2022 Translating Needs into Action – Update on the Needs-based Climate Finance Project
2020-2021 Translating Needs into Action – Update on the Needs-based Finance Project
2019 Translating Needs into Action – An Update on the Needs-based Finance Project


UNFCCC Documents

2024 

Activities referred to in paragraph 10 of decision 6/CP.23, otherwise known as the Needs-based Finance project


Guidebook

Region/Country Document Publication
South-East Asia Guidebook on How to Access Climate Finance for Member States of the Association of Southeast Asian Nations February 2023


News Articles

News Article: Delivering Climate Finance in 2020 and Beyond
News Article: UNFCCC Focuses on Regional Needs-Based Climate Finance
Interview with Mr. Michael Okumu, Deputy Director, Climate Change Negotiations and Finance, Climate Change Directorate, Republic of Kenya. 2022: What is the importance of needs-based financing in East Africa?

 

NBF picture 2 documents page
Credit: UNFCCC

 

Upcoming events

Investment Forum for Island States in the Indian Ocean,  
Republic of Maldives [Date tbc]

NBF-Events
NBF workshop picture
Credit: UNFCCC

Workshops & Events

Through a party-led approach, the NBF project facilitates regional validation workshops to review and collect feedback of the project outputs such as the Climate Finance Technical Assessments and Climate Finance Access and Mobilization Strategies, contributing to a better understanding of regional needs, sources, available instruments, barriers and enabling environments for climate finance. 

Furthermore, regional climate finance training workshops are conducted in collaboration with the operating entities of the financial mechanism (GEF, GCF and AF) to enable capacity building through peer-to-peer learning process. Participants benefit from interactive sessions designed to provide regional experts with training and valuable insights into project development, structuring, and submission as required by different funds and institutions. Through a hands-on approach, attendees receive feedback, clarification, and advice on project development directly from representatives of climate funds, MDBs, and other financial entities. 

Meeting/Event Date/Location Event Details
Organization of Eastern Caribbean States (OECS) Needs Based Finance (NBF) Investment Forum 31 March – 2 April 2025, Grenada event page
FINCOAHN NBF Inception Meeting 26 – 27 February 2025, United Arab Emirates, Abu Dhabi event page
Validation and Training Workshop for Pacific Islands 9 – 13 December 2024, Suva, Fiji event page
Asia Investment Forum 28 – 29 November 2024, Seoul, Korea event page
COP29: High-Level Side Event on Climate Finance Needs of Developing Countries 14 November 2024, Baku, Azerbaijan event page
Consultation Meetings at SB60 3 – 13 June 2024, Bonn, Germany event page
COP28: High-Level Side Event on Climate Finance Needs of Developing Countries 1 December 2023, Dubai, UAE event page
ECOWAS NBF Climate Finance Training Workshop 22 – 25 August 2023, Bonn, Germany event page
Climate finance Forum for Central Asia & South Caucasus countries (incl. Training W/S and NDC-P event) 3 – 7 July 2023, Dushanbe Tajikistan event page
SB58 side event: Climate Finance for the Needs of Developing Countries 14 June 2023, Bonn, Germany event page
Training workshop on Climate Finance access and mobilization for East African Community (EAC) Partner States 17 – 19 April 2023, Arusha, United Republic of Tanzania event page
Organization of Eastern Caribbean States (OECS) Needs Based Finance (NBF) Training Workshop 29 – 31 March 2023, Grenada event page
Training workshop on Climate Finance access and mobilization for the ASEAN region 20 – 23 March 2023, Manila, Philippines event page
COP 27: High level event on the climate finance needs of developing countries 10 November 2022, Sharm El-Sheikh, Egypt event page
Training workshop on climate finance access in the Arab States 18 – 20 September 2022, Tunis, Tunisia event page
Organization of Eastern Caribbean States (OECS) Climate Finance Strategy Workshop  13 – 15 September 2022, Saint Lucia event page
Training Workshop on Climate Finance Access and Mobilization for the Least Developed Countries in Asia  8 – 11 August 2022, Bangkok, Thailand event page
SB56 side event: Needs-based-finance project update 6 June 2022, Bonn, Germany event page
Training workshop on Climate Finance access and mobilization in the island states in the Indian Ocean 23 – 26 May 2022, Maldives  event page
East African Community Climate Change Technical Working Group on the finalization of the EAC climate finance access and mobilization strategy 31 March –1 April 2022, Zanzibar, Tanzania event page
COP 26: High level event on needs of developing countries 5 November 2021, Glashow, UK event page
National Climate Finance Mobilization and Access Strategy of Honduras workshops 3 – 17 July 2021, virtual event event page
West Africa NBF validation workshop 1 –  2 July 2021, virtual event event page
East Africa NBF validation workshop, part II 25 June 2021, virtual event event page
Arab States NBF consultation 25 May 2021, virtual event event page
Central Asia and South Caucasus NBF, pre-validation workshop 25 May 2021, virtual event event page
East Africa NBF validation workshop, part I 27 – 28 April 2021, virtual event event page
Pre-validation workshop: Regional Climate Finance Strategy for LDCs in Asia 11 February 2021 event page
East Africa NBF technical workshop 14 – 15 December 2020, virtual event event page
Inception workshop of the Central Asia and South Caucasus NBF Project 14 December 2020, virtual event event page
LDC Asia NBF technical workshop 29 October 2020, virtual event event page
West Africa NBF technical workshop 26 – 27 October 2020, virtual event event page
Webinar: Technical Assessment of Climate Finance in Southeast Asia 10 August 2020, virtual event event page
Island States in the Indian Ocean Climate Finance Mobilization and Access Strategy Workshop 04 – 5 March 2020, Male, Maldives event page
Technical Workshop on Needs-Based Climate Finance for East Africa (EAC) 19 – 20 February 2020, Zanzibar, Tanzania event page
Technical Workshop on Climate Finance for Finance Experts in the Arab region 12 – 13 February 2020, Cairo, Egypt event page
COP 25 event: High-level Forum on climate finance strategies for NDC implementation 11 December 2019, Madrid, Spain event page
Technical Workshop on Needs-based Climate Finance in the Arab Region 6 – 7 November 2019, Cairo, Egypt event page
Technical Workshop on Needs-based Climate Finance in Southern Africa (SADC) 4 – 5 November 2019, Johannesburg, South Africa event page
Technical Workshop on Needs-based Climate Finance in South East Asia (ASEAN) 29 – 30 October 2019, Quezon City, Philippines event page
Validation workshop on MSG Climate Finance Strategy 10 – 11 April 2019, Port Vila, Vanuatu event page
Validation workshop on MSG Climate Finance strategy 15 – 16 August 2018, Port Vila, Vanuatu event page
SB 50 side event: Showcasing of the MSG Climate Finance Strategy 24 June 2019, Bonn, Germany event page
COP 24 side events: NBF Project Side Event 7 December 2018 event page
The NBF Project @ PCCB Capacity-building Hub 8 December 2018 event page
Needs-based Climate Finance Strategy in Melanesia 8 December 2018 event page

 

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