Fourth technical expert dialogue under the ad hoc work programme on the new collective quantified goal on climate finance

05 Nov. 2022

09:00h - 18:00h

Sharm el-Sheikh, , Egypt

Egypt

Plenary Ramses, International Convention Center

International Convention Center

Climate Finance

UNFCCC

English

Fourth technical expert dialogue under the ad hoc work programme on the new collective quantified goal on climate finance

05 Nov. 2022

09:00h - 18:00h

Credit: UNFCCC Secretariat

Credit: UNFCCC Secretariat

Credit: UNFCCC Secretariat

Credit: UNFCCC Secretariat

Credit: Flickr/albaraagroup2012

Sharm el-Sheikh, , Egypt

Egypt

Plenary Ramses, International Convention Center

International Convention Center

Climate Finance

UNFCCC

English

Credit: UNFCCC Secretariat

Credit: Flickr/albaraagroup2012

BACKGROUND

The Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA), at its third session, established an ad hoc work programme on the new collective quantified goal on climate finance (NCQG) from 2022 to 2024 and decided to conduct four technical expert dialogues per year, with one to be held in conjunction with the first regular sessions of the Subsidiary Bodies and one to be held in conjunction with the CMAs, and the two remaining dialogues to be organized in separate regions with a view to facilitating inclusive and balanced geographical participation.

The first technical expert dialogue was held from 24 to 25 March 2022, in Cape Town, South Africa. The co-chairs of the ad hoc work programme on the NCQG have issued a reflections note prepared under their own responsibility which presents a non-exhaustive set of views capturing the substantive and rich discussions held during the first technical expert dialogue and to help structure the discussions at the second technical expert dialogue. The second technical expert dialogue was also convened on 13 to 14 June 2022 in Bonn, Germany. A second reflections note was prepared by the co-chairs. The third technical expert dialogue was held on 6 to 9 September 2022 at the Headquarters of the Asian Development Bank, in Mandaluyong City, Metro Manila, the Philippines, focusing on the needs and priorities of developing countries, the sources of climate finance and the role of climate finance actors.

OBJECTIVES

To respond to the request to “deep dive” into specific elements identified in decision 9/CMA.3 and in the landscape of issues presented by the co-chairs of the ad hoc work programme, this fourth technical expert dialogue will focus on access to climate finance.
In particular, it will discuss:
- Experiences, lessons learned and solutions for enhanced access to climate finance;
- Ways and opportunities of how the NCQG process can facilitate enhanced access to climate finance.

PROVISIONAL PROGRAMME

Time (GMT+2)	Session titles/description	Speakers and Facilitators
09:00 – 09:30	Welcoming remarks and introduction of the fourth technical expert dialogue	Welcome remarks Daniele Violetti, UNFCCC secretariat Mohamed Nasr, Lead Negotiator of the Presidency of COP 27, CMP 17 and CMA 4 Introduction, overview and expectations of the fourth technical expert dialogue *Federica Fricano* and *Kishan Kumarsingh*, Co-chairs of the ad hoc work programme on the NCQG
09:30 – 11:30	Session 1: Experiences, lessons learned and solutions for enhanced access to climate finance This session will provide the opportunity to share experiences in accessing or facilitating access to climate finance, drawing upon challenges, solutions and lessons learned. It will also feature success stories by developing countries in accessing climate finance, as well as examples of measures taken by financial institutions and solutions to facilitate enhanced access.	Expert input roundtable discussion Group 1: Access to multilateral sources of finance Dirk Snyman, The Pacific Community Lauren Walshe-Roussel, Canada Juan Hoffmaister, Green Climate Fund Esmyra Javier, Asian Development Bank Jahan-Zeb Chowdhury, International Fund for Agricultural Development Liane Schalatek, Heinrich Böll Foundation Open discussions Moderator: Stephen Hammer,^bio World Bank	Expert input roundtable discussion Group 2: Access to bilateral sources of finance Fathimath Nashwa, Maldives Raju Pandit Chhetri, Nepal Matthias Bachmann, Swiss Agency for Development and Cooperation Mattias Frumerie, Sweden (virtually) Open discussions Moderator: Zaheer Fakir,^bio South Africa	Expert input roundtable discussion Group 3: Access to private sources of finance Maria Del Pilar Restrepo Orjuela, Colombia Shahir Zaki, National Bank of Egypt (virtually) James Birch, Gates Foundation (virtually) Fazle Rabbi Sadeque Ahmed, Palli Karma-Sahayak Foundation Bangladesh Open discussions Moderator: Sonia Dunlop,^bio E3G
11:30 – 11:45	Break
11:45 – 13:15	Moderated break-out group discussion Participants will be invited to discuss the following issues: What are ongoing challenges and gaps experienced in accessing public and private sources of finance? What additional challenges can be anticipated, and possibly be avoided, with the NCQG, if any? What are success stories and lessons learned in accessing public and private sources of finance? What measures have been taken/are being taken by multilateral, bilateral and public institutions to overcome gaps and challenges?	In person moderators Virtual moderators
13:15 – 14:30	Lunch break
14:30 – 15:00	Report back from the roundtable and breakout group discussions	Moderator:
15:00 – 15:30	Session 2: Access to climate finance in the context of the NCQG This session will discuss how the NCQG process can facilitate enhanced access to all sources of finance. It will showcase success stories, ideas and proposals for unlocking challenges experienced by public and private actors, particularly from developing countries, in accessing climate finance and reflect on proposals of how the NCQG process can contribute to enhanced access. It will also reflect on possible solutions for additional challenges anticipated with the setting of the NCQG.	Scene-setting presentation Mahlet Eyassu Melkie,^bio Climate Access Network and RMI Open discussions Moderator: David McCauley, Senior Climate Finance Consultant
15:30 – 17:00	Moderated break-out group discussions Participants will be invited to discuss the following issues: How can the NCQG process contribute to enhanced access to all sources of finance? What should be the role of the NCQG to that end? Who are the key actors who need to be involved and how can they be engaged?	In person moderators Virtual moderators
17:00 – 17:15	Break
17:15 – 17:45	Reflections on the breakout group discussions	Open discussions Moderator: David McCauley, Senior Climate Finance Consultant
17:45 – 18:00	Wrap up and closing	*Federica Fricano* and *Kishan Kumarsingh*, Co-chairs of the ad hoc work programme on the NCQG