Background

The CMA 6 adopted the decision on the new collective quantified goal on climate finance and called on all actors to work together to enable the scaling up of financing to developing country Parties for climate action from all public and private sources to at least USD 1.3 trillion per year by 2035 (Decision 1/CMA6, paragraph 7). 

It also decided to launch, under the guidance of the Presidencies of the sixth and seventh sessions of the CMA, in consultation with Parties, the “Baku to Belém Roadmap to 1.3T” (hereinafter referred to as the “Roadmap”), aiming at scaling up climate finance to developing country Parties to support low greenhouse gas emissions and climate-resilient development pathways and implement the nationally determined contributions and national adaptation plans including through grants, concessional and non-debt creating instruments, and measures to create fiscal space, taking into account relevant multilateral initiatives as appropriate. It requested the Presidencies to produce a report summarizing the work as they conclude the work by CMA 7 (Decision 1/CMA.6, paragraph 27).

In response to the mandate provided for in decision 1/CMA.6, the Presidencies of the sixth and seventh sessions of the CMA issued a notification on 21 February 2025 inviting submissions from Parties, constituted bodies, the operating entities of the Financial Mechanism, climate finance institutions, observers and observer organizations, and other stakeholders, particularly from the private sector, on their views in relation to their overall expectations for the Roadmap, topics and thematic issues to inform the Roadmap, country experiences, best practices and lessons learned related to the matters under the Roadmap and relevant multilateral initiatives. The Presidencies also convened virtual consultations with Parties and groups of Parties on their views and expectations on the Roadmap in the beginning of March 2025. 

Informed by the submissions received and views expressed during the Party consultations, the Presidencies published a work plan outlining the approach to developing the Roadmap, including structured outreach and engagement with Parties and stakeholders.

In line with the Presidencies’ work plan, two consultations will be convened in conjunction with the 62^nd Session of the Subsidiary Bodies to consult with Parties and stakeholders on their views and expectations on the Roadmap:

1. Consultation event with Parties

     2. Consultation event with stakeholders

Objective

To ensure an inclusive, open and transparent process in developing the Baku to Belém Roadmap, the CMA 6 and 7 Presidencies convene an open consultation event with interested stakeholders to share their views and priorities on action areas that should be reflected in the Roadmap in an informal setting. The outcomes of the consultation will inform the development of the Roadmap.

Format

The event will provide space for stakeholders to engage with the Presidencies, share their views on the development of the Roadmap and foster a solutions-oriented dialogue among participants by showcasing best practices. The event will comprise of a panel discussion among diverse stakeholder group representatives and open plenary discussions. Guiding questions prepared by the Presidencies will stimulate and facilitate focused discussions. Representatives of the CMA 6 and incoming CMA 7 Presidencies will moderate the event.

The event will be held in hybrid format. No prior registration is required.

Outputs

A high-level summary under the responsibility of the Presidencies will be made available on the dedicated UNFCCC webpage after the event. The outcomes of the consultation event will have no formal status and will serve to inform the development of the Roadmap.

Provisional Programme