Meeting recording: Means of Implementation: High-Level Event on the Needs of Developing Countries 

Meeting report: High-Level Event on the Needs of Developing Countries 

OBJECTIVE

The purpose of this event is to provide a high-level account of the support provided and progress made in facilitating access to and mobilization of climate finance under the Needs-Based Finance (NBF) Project. In 12 participating regions, over 100 countries are engaged in a strategy design process for the mobilization of climate finance to support implementation of priority mitigation and adaptation needs in accordance with goals outlined in their NDCs, national adaptation plans and other relevant policies and plans.

DRAFT PROGRAMME

PART I – OPENING SEGMENT

13:15-13:30, (15’)

H.E. Ms. Patricia Espinosa, Executive Secretary, UNFCCC secretariat

H.E. Mr. Yeshey Penjor, Minister of Agriculture and Forests, Bhutan (LDC Group Chairmanship)

PART II – PANEL DISCUSSION

13:30-14:10 (45’)

Panel members will have the opportunity to discuss their experiences in assessing climate finance needs in their country or region and the strategic work undertaken towards addressing these needs, including the following topics:

• Needs assessment – the role of recipient priorities in the distribution of international climate finance
• Capacity building needs – building the basis for successful strategy implementation
• Enabling environment – key steps and best practices for enabling climate finance mobilization
• Innovative instruments – the potential of private sector finance, capital markets, results-based finance/grants, carbon pricing, debt swaps, guarantees, equity, and other highly concessional funding channels
• Moving towards implementation – how to turn priorities into action

Moderator:  Ms. Amal-Lee Amin, Climate Change Director, CDC Group

Panel speakers:

1. H.E. Mr. Aiyaz Sayed-Khaiyum, Minister for Economy, Civil Service and Communications, Fiji
2. H.E. Ms. Aminath Shauna, Minister of Environment, Climate Change and Technology, Maldives
3. H.E. Mr. Molwyn M. Joseph, Minister of Health, Wellness, and the Environment, Antigua and Barbuda
4. Ms. Milagros De Camps, Vice Minister of International Cooperation, Ministry of Environment and Natural Resources, Dominican Republic

____________________________________

PART III – QUESTIONS AND ANSWERS WITH AUDIENCE

PART IV – CLOSING SEGMENT

14:25-14:30, (5’)

PARTICIPATION

Any registered participants at COP26 can attend the meeting in person in room Strangford Lough (area C).

Virtual participation will be possible via the webcast on the COP platform for registered participants. People not registered to COP26 can follow the event live on the UN Climate Change YouTube channel.