In response to a request by the Subsidiary Body for Scientific and Technological Advice at its twenty-first session, the secretariat, in consultation with the Expert Group on Technology Transfer, organized a workshop on innovative options for financing the results of the technology needs assessments on 20 and 21 October 2005 in Bonn, Germany. Participants at the workshop discussed several project financing proposals identified from technology needs assessments and/or other sources with a view to identifying innovative financing opportunities for these projects. They also exchanged views on definitions and scope of innovative financing, and discussed various existing mechanisms for financing the development
and transfer of technologies within and outside the Convention process, and how those might be relevant to Article 4, paragraph 5, of the Convention. Participants suggested possible areas where further work is needed and specific relevant activities that could be initiated within the UNFCCC process