This report contains information on the outcomes of the work of the Standing Committee on Finance (SCF), including its meetings, in 2018. It also contains the draft guidance to the operating entities of the Financial Mechanism, the summary and recommendations by the SCF of the 2018 Biennial Assessment and Overview of Climate Finance Flows, the summary report on the 2018 SCF Forum, information on the theme of the 2019 SCF Forum, the workplan of the SCF for 2019 and a list of the members of the SCF.