Background and mandate
COP26 decided to convene biennial high-level ministerial dialogues (HLMDs) on climate finance in 2022, 2024 and 2026 and requested the presidency of the COP to summarize the deliberations at the dialogues for consideration by the Conference of the Parties in the year thereafter.
The seventh HLMD will provide ministers and high-level representatives with a platform to:
- Take stock of overall progress on the provision and mobilization of climate finance to address the needs and priorities of developing countries;
- Exchange views on how climate finance delivery can improve balance between mitigation and adaptation needs, and increase support to developing countries' access to predictable, adequate and accessible finance.
The seventh HLMD will further be informed by the third report on progress towards achieving the goal of mobilizing jointly USD 100 billion per year by the Standing Committee on Finance
Programme
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Session
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Description
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Opening
15:00-15:15
(15 mins)
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Opening remarks
- COP 31 Presidency
- President of Negotiations
- UNFCCC Secretariat
The seventh HLMD will be moderated by H.E. Monique Barbut (France) and H.E. Robert Borje (Philippines) - tbc
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Scene-setting presentation
15:15-15:25
(10 mins)
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Scene-setting presentation on the third USD 100 billion progress report by the Standing Committee on Finance.
- Martin Stadelmann (Switzerland) bio and Amjad Abdulla (Maldives) - tbc
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Ice-breaker interventions:
15:25-15:45
(20 mins)
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Ice-breaker interventions:
- MCF representative
- MDB representative
- Research institute representative
Guiding questions:
- What specific actions can be taken to continue to further enhance the scale and effectiveness of climate finance, in particular with regard to the $100bn per year goal and lessons learned in its delivery?
- How can Governments and other actors, including MDBs and the private sector, continue to significantly scale up private finance mobilisation to developing countries for adaptation and mitigation? What role should public finance continue to play in improving the conditions for this shift?
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Open discussion
15:45– 17:50
(125 mins)
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Guiding questions:
- What specific actions can be taken to continue to further enhance the scale and effectiveness of climate finance, in particular with regard to the $100bn per year goal and lessons learned in its delivery?
- How can Governments and other actors, including MDBs and the private sector, continue to significantly scale up private finance mobilisation to developing countries for adaptation and mitigation? What role should public finance continue to play in improving the conditions for this shift?
Note: Parties speaking on behalf of a group are asked to limit their responses to max. 3 minutes. Parties speaking in their national capacity are asked to limit their responses to max. 2 minutes.
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Closing
17:50-18:00
(10 mins)
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Closing remarks
- COP31 Presidency
- COP 31 President of Negotiations
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