This document contains a summary of the fifth biennial high-level ministerial dialogue on climate finance under the Conference of the Parties, held during its twenty-seventh session. It has been prepared by the President of that session with the support of the secretariat. The dialogue was informed by the fifth Biennial Assessment and Overview of Climate Finance Flows and the report on progress towards developed country Parties’ goal of mobilizing jointly USD 100 billion per year, both prepared by the Standing Committee on Finance.