This document, which reports on results achieved and actual expenditure up to 31 December 2023, and programme delivery in 2022–2023, should be considered together with document FCCC/SBI/2024/7/Add.1, which will detail progress against performance indicators and targets, and the outputs planned for and delivered during the biennium.

During the biennium, the secretariat was expected to implement mandates from COP 26 and 27 decisions that went beyond the core budget activities. While the secretariat fully delivered on critical activities, the zero real growth budget and insufficient supplementary funding impacted the scope and timing of activity implementation, highlighting the unsustainability and unpredictability of the funding model.

As at 31 December 2023, core budget expenditure in 2022–2023 stood at 99 per cent (EUR 61.9 million of EUR 62.5 million). The total expenditure for this period across all funding sources amounted to EUR 203.6 million (or 75 per cent of the total integrated budget of EUR 269.9 million) and remained below expectations owing to insufficient or untimely availability of supplementary funding. The document provides the expenditure rate for all budgets and corresponding explanations.