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Second Workshop in 2024 under the Sharm el-Sheikh Dialogue on the scope of Article 2, paragraph 1(c), and its complementarity with Article 9 of the Paris Agreement
06 - 07 Oct. 2024
09:00h - 18:00h
AST/UTC+3
Naama Bay, Sharm el-Sheikh, Egypt
Egypt
Maritim Jolie Ville Resort
Climate Finance
English
0
Second Workshop in 2024 under the Sharm el-Sheikh Dialogue on the scope of Article 2, paragraph 1(c), and its complementarity with Article 9 of the Paris Agreement
06 - 07 Oct. 2024
09:00h - 18:00h
AST/UTC+3
Naama Bay, Sharm el-Sheikh, Egypt
Egypt
Maritim Jolie Ville Resort
Climate Finance
English
Background

 

CMA 4 decided to launch the Sharm el-Sheikh dialogue between Parties, relevant organizations and stakeholders to exchange views on and enhance understanding of the scope of Article 2, paragraph 1(c), of the Paris Agreement and its complementarity with Article 9 of the Paris Agreement and requested the secretariat, under the guidance of the COP27 Presidency, to organize two workshops in 2023 in this regard and to prepare a report to the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement on the deliberations at these workshops.

CMA 5 decided to continue and strengthen the Sharm el-Sheikh dialogue between Parties, relevant organizations and stakeholders to exchange views on and enhance understanding of the scope of Article 2, paragraph 1(c), of the Paris Agreement and its complementarity with Article 9 of the Paris Agreement referred to in decision 1/CMA.4, paragraph 68, including with regard to the operationalization and implementation of Article 2, paragraph 1(c), in 2024 and 2025. Ms. Gabriela Blatter (Switzerland) and Ambassador Mohamed Nasr (Egypt) were appointed as the co-chairs of the dialogue by the CMA 5 President and the modalities of the strengthened dialogue in 2024 and 2025, include among others, the organization of at least two workshops by the secretariat, under the guidance of the co-chairs, and the development of reports on each of the workshops, and an annual report on the dialogue in 2024 and 2025 respectively for consideration at CMA, to be prepared by the secretariat under the guidance of the co-chairs.

Based on the views expressed by Parties and non-Party stakeholders over the course of 2023 and 2024, including through the recent call for submissions, a number of potential topics and issue areas have been suggested by Parties and non-Party stakeholders for discussion during the dialogue in 2024, as communicated in the Co-chairs’ message dated 6 May 2024.

Objective

The main focus of the second workshop will be on the role of the international financial system and of different actors within and outside the Paris Agreement, and on transparency and credibility with a focus on the avoidance of greenwashing and maladaptation. The workshop will build on concrete examples and actions taken and facilitate a sharing of experiences and best practices among the various stakeholders.

Format and Participation

The workshop will take place on 6 and 7 October in Sharm el-Sheikh, Egypt (location to be announced), co-hosted by the Ministry of Foreign Affairs of the Government of Egypt and UNDP Egypt, and is open to invited Party and non-Party stakeholders for on-site participation. Further detail regarding the registration process has been communicated to Parties and Observer States, UN organizations and admitted intergovernmental organizations, as well as to other non-Party stakeholders in respective notifications. To ensure inclusive and broader participation, the dialogue will be held in a hybrid format, enabling virtual participation. As mandated, the dialogue will have webcast.

The facilitation of engagement and interaction of a broad range of stakeholders in the dialogue workshops continues to be a central aspect to the organization of work in 2024 and 2025, in accordance with the renewed mandate. The co-chairs, with the support of the secretariat, are committed to ensure inclusiveness of participation and engagement in the dialogue workshops. The provisional programme presents the themes and topics for discussion at the second workshop in 2024. It takes into account the views expressed by Parties and non-Party stakeholders throughout 2023 and up to July 2024, in their submissions as well as the views expressed in the workshops and during informal consultations. Guiding questions for each topic are outlined further below.

Provisional Programme

LIVE WEBCAST LINK

6-7 October 2024
 Access webcast

 

 

Day 1: Sunday, 6 October 2024

Time (indicative)(UTC+3)

Session Title Guiding Questions  
09:00-09:30

Opening of the Workshop

  • Opening remarks and overview of the workshop programme
  • Opening remarks:
    • Khaled Hashem, Government of Egypt
    • Sophie De Coninck,bio UNFCCC Secretariat
    • Maitha Alkaabi,bio UAE COP28 Presidency
  • Gabriela Blatter and Ambassador Mohamed Nasr, Co-Chairs of the Sharm el-Sheikh Dialogue bio

09:30-10:45

  • Expert and Practitioner Panel: Working towards a financial system that enables the achievement of the goals of the Paris Agreement: priorities for evolution and international cooperation.
  • How should the international financial system evolve to best support the achievement of the goals of the Paris Agreement?
  • How should different financial actors and institutions at national and international levels interact?
  • How can and should the UN climate process add most value? 
  • Luiz de Andrade Filho,bio Brazil, Technical Coordinator G20 Task Force on a Global Mobilization Against Climate Change (TF-CLIMA)
    Presentation
  • Alessandra Sgobbi, bio Head of Unit Climate Finance, EU Commission DG CLIMA
    Presentation
  • Prasad Ananthakrishnan,bio Chief of Climate Finance Policy Unit, International Monetary Fund
  • Bernard de Longevialle,bio Global Head of Sustainable Finance, S&P Global
    Presentation
  • Chenai Mukumba,bio Executive Director, Tax Justice Network Africa

10:45-11:00

Coffee break
11:00-12:30
  • Interactive Breakout Groups: Participants, guided by a moderator, will discuss in smaller groups the topic, guiding questions and insights from the previous panel in an interactive format, including the participation of one of the panelists.

Moderators

  • Igor Paunovic, UNCTAD
  • Zeineb Ben Yahmed, CPI
  • Fadhel Kaboub, Global Institute for Sustainable Prosperity
  • Virtual: Eunjung Lee, E3G

12:30-13:30

Lunch Break
13:30-14:30
  • Expert and Practitioner Panel: Opportunities for realizing approaches to Article 2.1(c) and its complementarity with Article 9 at the national and international level
  • What are best practices and opportunities to replicate, including for incentivizing finance flows to be consistent with the goals of the Paris Agreement?
  • What are opportunities to use Article 9 as a catalyst to enhance finance flows consistent with the Paris Agreement.
  • What are priority areas to build capacities for implementing Article 2.1(c) in complementarity with Article 9?
  • Atika Ben Maïd, Co-Chair of the IDFC Climate working group
    Presentation
  • Abdiel Douglas,bio Ministry of the Environment Panama & Valeria Rosales Padilla,bio Sustainability Manager at Banistmo Panama
    Presentation
  • Sofia Vargas Lozada,bio Ministry of Finance Colombia
    Presentation
  • Sarah Duff,bio EBRD
    Presentation
  • Thomas Beloe, Acting Director, UNDP Sustainable Finance Hub

14:30-15:45

  • Interactive Breakout Groups: Participants, guided by a moderator, will discuss in smaller groups the topic, guiding questions and insights from the previous panel in an interactive format, including the participation of one of the panelists.

Moderators

  • Igor Paunovic, UNCTAD
  • Zeineb Ben Yahmed, CPI
  • Fadhel Kaboub, Global Institute for Sustainable Prosperity
  • Virtual: Bertha Argueta, Germanwatch
15:45-16:00

Coffee Break

16:00-17:00
  • Reflection session: The co-chairs will guide a reflection session on the day, where moderators of the interactive breakout group discussions will share key takeaways of the views expressed and experiences shared.
  • Gabriela Blatter and Ambassador Mohamed Nasr, Co-Chairs of the Sharm el-Sheikh Dialogue

Day 2: Monday, 7 October 2024

 
09:00-10:15
  • Expert and Practitioner Panel: Available metrics, methodologies and approaches for and experiences with tracking efforts towards achieving Article 2.1(c), including with climate risk disclosure policies
  • What experiences do public and private actors have with current approaches, including with climate risk disclosure policies and requirements?
  • What are common elements in the approaches used and what can be learned from existing experiences?
  • Are the used metrics, methodologies and approaches comparable? If not, how could the comparability be increased?
  • Judy Ryan,bio Technical Advisor, New Zealand External Reporting Board
    Presentation
  • Debra-Lee Swanepoel,bio National Treasury South Africa
  • Richard Barker,bio ISSB Member - International Sustainability Standards Board (ISSB)
    Presentation
  • Elisabeth Burks,bio Director of Sustainable Finance, S&P Global Ratings
    Presentation
  • Raphael Jachnik,bio Team Lead Finance for Climate Action OECD
    Presentation

10:15-10:30

Coffee Break
10:30-12:00
  • Interactive Breakout Groups: Participants, guided by a moderator, will discuss in smaller groups the topic, guiding questions and insights from the previous panel in an interactive format, including the participation of one of the panelists.

Moderators

  • Samson Mbewe, South South North
  • Kunal Singh, Pacific Community
  • Igor Paunovic, UNCTAD
  • Virtual: Sandra Hanni, ICC

12:00-13:00

Lunch Break
13:00-14:00
  • Expert and Practitioner Panel: Avoiding greenwashing and maladaptation through transparency and tracking to ensure credibility in efforts towards achieving Article 2.1(c)
  • What transparency approaches are used to measure and track efforts by public and private efforts towards achieving Article 2.1(c)?
  • What are examples of safeguards to avoid greenwashing and maladaptation in the area of sustainable finance?
  • How could the UN climate process facilitate transparency and credibility of efforts to reduce greenwashing and maladaptation in line with Article 2.1(c)?
  • Timothy Rawlings,bio NGFS Workstream on Supervision, Co-head of the Climate Hub Bank of England
    Presentation
  • Eugene Wong,bio Sustainable Finance Institute Asia
    Presentation
  • Stephanie Chow-Ashton,bio Executive Director Transition Finance, GFANZ
    Presentation
  • Daan Van Acker,bio Director of FinanceMap and Investor Engagement, InfluenceMap
    Presentation
14:00-15:00
  • Interactive Breakout Groups: Participants, guided by a moderator, will discuss in smaller groups the topic, guiding questions and insights from the previous panel in an interactive format, including the participation of one of the panelists.

Moderators

  • Samson Mbewe, South South North
  • Kunal Singh, Pacific Community
  • Igor Paunovic, UNCTAD
  • Virtual: Charlene Watson, ODI

15:00-15:15

Coffee Break
15:15-16:00
  • Reflection session: The co-chairs will guide a reflection session on the day, where moderators of the interactive breakout group discussions will share key takeaways of the views expressed and experiences shared.
  • Gabriela Blatter and Ambassador Mohamed Nasr, Co-Chairs of the Sharm el-Sheikh Dialogue
16:00-17:00 (end)
  • Closing session: Stocktake on the Sharm el-Sheikh Dialogue in 2024, and outlook for 2025
  • What are the main takeaways and lessons learned from the Sharm el-Sheikh Dialogue in 2024?
  • What issues need to be further addressed under the Sharm el-Sheikh Dialogue in 2025?
  • Gabriela Blatter and Ambassador Mohamed Nasr, Co-Chairs of the Sharm el-Sheikh Dialogue
  • Closing remarks: Elmaddin Mehdiyev, Finance Team Lead, Incoming COP29 Presidency