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09:00–09:30
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Opening session |
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Opening remarks, welcoming the participants and introduction of the Forum |
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Welcoming remarks:
Introduction video: https://www.youtube.com/watch?v=rPRDlJvjUKs
Webcast recording: https://youtu.be/o7rZVQAFxR4?t=3m12s
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Bernarditas Mueller (bio)
Philippines, SCF Co-Chair
Georg Boersting (bio)
Norway, SCF Co-Chair
https://youtu.be/42PDq1bybvQ
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| Opening remarks: |
Yoon Tae Sik
Director General, Ministry of Finance and Strategy, Republic of Korea
Patricia Espinosa
Executive Secretary of the UNFCCC Secretariat (video statement)
https://www.youtube.com/watch?v=OCge7GryW1c
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Introduction and overview of the Forum
https://youtu.be/o7rZVQAFxR4?t=38m3s
Moderator:
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Pieter Terpstra (bio)
The Netherlands, SCF member |
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Global Climate Finance Architecture
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09:30–10:00
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Session 1: Overview of Climate Finance Architecture
https://youtu.be/o7rZVQAFxR4?t=41m57s |
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This session provided an overview of the state of climate finance architecture at the international and national level using the outcomes of the biennial assessment and overview of climate finance prepared by the Standing Committee on Finance. In particular, it looked into the financial instruments, finance flows and the qualitative assessments of those flows, including the needs and priorities identified by developing countries. |
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Scene-setting presentation
The State of Climate Finance: Mobilization in the Context of Needs
Participants’ description of international climate finance architecture
Participants’ description of national climate finance architecture in developing countries
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Mohamed Nasr (bio)
Egypt, SCF member
Pieter Terpstra (bio)
The Netherlands, SCF member
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| Moderator: |
Ayman Shasly (bio)
Saudi Arabia, SCF member |
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10:15–10:15
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Coffee break
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10:15–11:30
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Session 2: Breakout session on Climate Finance Architecture
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Breakout group on
mobilizing international public finance
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Breakout group on
unlocking private finance
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Breakout group on
determining country needs and priorities
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Case Study:
Satu Santala (bio)
Finland
(presentation) |
Case Study:
Ignacio Lorenzo Arana (bio)
Uruguay
(presentation) |
Case Study:
Namho Oh (bio)
African Development Bank
(presentation) |
Discussion Leader:
Lorena Gonzalez (bio)
Independent Association of Latin America and the Caribbean |
Discussion Leader:
Sergio A. Pombo (bio)
Green Climate Fund |
Discussion Leader:
Raju Pandit Chhetri (bio)
Nepal |
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The group discussed the status of mobilization of international climate finance. It also considered challenges and options in ensuring predictability and sustainability of climate finance.
(Report back)
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The group discussed successes and challenges in reducing financial risks and leveraging public and private investments in developing countries. It also discussed the gaps and best practices in policies that enable private investments into mitigation and adaptation projects and programmes.
(Report back)
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The group discussed insights gained by developing countries in preparing national climate finance strategies that outline financing options to meet the climate finance priorities and how these strategies are being matched with international and domestic finance. The group also discussed how country ownership is ensured in the implementation of projects and programmes.
(Report back)
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11:30–12:30
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Panel and plenary discussions
https://youtu.be/o7rZVQAFxR4?t=2h53m34s
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Discussion leaders presented highlights of the group discussions |
| Moderator: |
Mary Kim
Australia |
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12:30–14:00
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Lunch break
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14:00–14:45
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Session 3: The role of UNFCCC funds, multilateral and bilateral institutions and other actors in delivering climate finance: https://youtu.be/jdtFDUCzHPI?t=28s |
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This session highlighted the strategies and operations of the UNFCCC funds, multilateral and bilateral institutions and other actors that contribute to enhancing actions to tackle climate change both in mitigation and adaptation. The session also provided a collective understanding of the impacts of climate finance at the national and sub-national level. |
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Scene-setting presentation
The State of Climate Funds
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Preety Bhandari (bio)
Asian Development Bank (presentation)
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| Panel discussions |
Omar El-Arini (bio)
Egypt
Audrey Rojkoff (bio)
Agence Française de Développement
Helena Wright (bio)
E3G
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Plenary discussions
Moderator |
Raekwon Chung (bio)
Incheon National University |
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14:45–15:45
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Session 4: Deployment of New Climate Instruments to Support the Goals of the Paris Agreement:
https://youtu.be/jdtFDUCzHPI?t=46m1s |
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This session explored opportunities and challenges in the use of new climate instruments, including green bonds, to scale up the level of climate finance. It also looked into how the UNFCCC Funds, multilateral and bilateral institutions and other international support providers can assist countries with utilizing the new climate instruments to meet the goals of the Paris Agreement. |
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Scene-setting presentation
The Lab: Developing transformative instruments to drive climate finance
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Gloria Coleman (bio)
Climate Policy Initiative
(presentation) |
| Panel discussants: |
Jan-Willem van de Ven
European Bank for Reconstruction and Development
Surya Sethi (bio)
former Principal Adviser Energy and Core Climate Negotiator Government of India
Jose Andreu (bio)
Climate Investment Fund
Timothy Afful-Koomson (bio)
African Development Bank
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Plenary discussions
Moderator: |
Zaheer Fakir (bio)
South Africa, SCF member |
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15:45–16:00
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Coffee break
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| 16:00–17:15 |
Session 5: Breakout session on UNFCCC Funds and other sources of climate finance
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Breakout group on country experiences in utilizing new climate instruments
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Breakout group on the complementarity of climate funds
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Breakout group on the role of multilateral and bilateral institutions and other actors in delivery of climate finance
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Case Study:
Olympus Manthata (bio)
Development Bank of South Africa
(presentation) |
Case Study:
Benito Mueller (bio)
Oxford Climate Policy (presentation)
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Case Study:
Niranjali Amerasinghe (bio)
World Resources Institute |
Discussion Leader:
Liza Leclerc (bio)
International Fund for Agricultural Development |
Discussion Leader:
Juan Hoffmaister (bio)
Green Climate Fund |
Discussion Leader:
Elizabeth Philip
Malaysia |
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The group explored ways to scale up climate finance by utilizing new climate instruments to meet the climate and development objectives of developing countries. The group also discussed available international support that countries can avail themselves to utilize the instruments.
(Report back)
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The group discussed collaboration efforts among climate funds and identify possible areas for complementary actions. The group also discussed efforts to simplify the process of accessing the resources and enhancing coherence of policies across the Funds.
(Report back)
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The group discussed ways of ramping up the delivery climate finance by the multilateral and bilateral institutions and other actors to ensure that priority finance needs of developing countries are addressed. The group also discussed efforts to build quality project portfolios.
(Report back)
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| 17:15–18:00 |
Panel and plenary discussions
https://youtu.be/jdtFDUCzHPI?t=3h25m28s
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Discussion leaders presented highlights of the group discussions |
| Moderator: |
Vicky Noens (bio)
Belgium, SCF member |
| 18:00 |
Day 1 closing session
https://youtu.be/jdtFDUCzHPI?t=3h58m
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Highlights of the day |
| Moderator: |
Pieter Terpstra (bio)
The Netherlands, SCF member |
| 19:00 |
Welcoming reception by
the Government Ministry of Finance and Strategy, Republic of Korea
Venue: Gyeongwonjae Ambassador Incheon
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and was a two-day event (5–6 July) taking place following the conclusion of the 20th Board Meeting of the Green Climate Fund held from 1 to 4 July in Songdo at the