COP: In-session workshop on Long-term Climate Finance (Part II)

The work programme on long-term climate finance was launched by the Conference of the Parties (COP) at its seventeenth session to progress on long-term finance in the context of scaling-up new and additional, predictable and adequate finance, including the USD 100B joint mobilization goal by developed countries (decision 1/CP.16, paragraphs 97–101). The work programme was extended until COP18 and concluded its work at COP19.

COP19 decided to continue deliberations on long-term finance with three types of complementary activities for the period 2014 to 2020: biennial submissions by developed country Parties on their updated approaches and strategies for scaling up climate finance; annual in-session workshops; and biennial high-level ministerial dialogues on climate finance.

At COP24, Parties requested the secretariat to organize in-session workshops in 2019 and 2020, focusing on:

a. The effectiveness of climate finance, including the results and impacts of finance provided and mobilized;

b. The provision of financial and technical support to developing country Parties for their adaptation and mitigation actions, in relation to holding the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels.

Part I of the in-session workshop (virtual session, held on 27 November 2020) provided an overview of the state of mobilization and delivery of climate finance and insights and lessons learned from the LTF period, which will be further explored in Part II of the in-session workshop (virtual session). Case studies may be presented on country and regional experiences relating on the effectiveness of climate finance, including the results and impacts of financial and technical support mobilized and provided to developing country Parties for their adaptation and mitigation actions.

Part II (virtual) is designed to facilitate deeper conversations among participants. In view of this, a breakout group session will follow the plenary session. Participants will be encouraged to elaborate their views and experiences and respond to queries. Each group will be facilitated by a moderator and will reconvene in a plenary to report back on the outcomes of the group discussions. Preceded by an exchange of views with moderators and participants, based on reports from the groups, the co-facilitators will wrap-up the workshop by briefly summarizing the key points raised.

Provisional Programme

12:00 – 12:15	Opening Session Opening remarks Ms. Patricia Espinosa, Executive Secretary, UNFCCC secretariat Mr. Julio Cordano, Chief Negotiator of the COP 25 Presidency Introductory remarks by the co-facilitators Mr. Zaheer Fakir, South Africa, and Mr. Georg Børsting, Norway
12:15 – 12:30	Summary of Part I of the LTF workshop The scene-setting presentations will provide an account of the key findings and take-aways from Part I workshop held in November 2020 by the co-facilitators. The report of the Part 1 workshop will be made available to Parties prior to the workshop. Mr. Zaheer Fakir, South Africa, and Mr. Georg Børsting, Norway
12:30 – 13:30	Breakout group discussions A breakout group session will follow the plenary session. Presenters and panel discussants may be encouraged to join the different breakout groups to elaborate their views and experiences and respond to additional queries. Each group will be facilitated by a moderator. Once the discussions are over, the groups will reconvene to the plenary and report back on the outcomes of the breakout groups. The following three guiding questions will assist the break out group discussions: Questions for breakout group discussions: What are important lessons that can be drawn from the provision and mobilization of climate finance in the last 10 years? How can the provision and mobilization of financial support be aligned with, and responsive to, the needs of developing countries and what efforts are being made towards this? How do we scale-up adaptation finance so as to achieve the balance between support for adaptation and mitigation? Moderators Ms. Rebecca Lawlor Climate Finance Economist, U.S. Department of Treasury Mr. Philip Owens Head of Unit, Directorate-General for Climate Action, European Commission Amr Osama Abdel-Aziz President, INTEGRAL Consult, Egypt and Advisor to the Egyptian Minister of Environment
13:30 – 14:00	Report back and Q&A Co-facilitators and moderators will report main outcomes back to the plenary, engage in a round of exchange of views based on the group discussions and entertain questions from participants (30 mins).
14:00 – 14:30	Reflections and closure by the co-facilitators Final remarks will be made by the incoming COP 26 Presidency, after a wrap up of the workshop and communication of next steps to participants by the co-facilitators. Mr. Zaheer Fakir, South Africa, and Mr. Georg Børsting, Norway Closing Remarks Mr. Archie Young, Chief Negotiator of the COP 26 Presidency