Background

By decision 1/CP.21, paragraph 53, Parties decided that the CMA will set a new collective quantified goal on climate finance (NCQG) from a floor of USD 100 billion per year, taking into account the needs and priorities of developing countries, prior to 2025. CMA 1 decided to initiate at its third session, in accordance with Article 9, paragraph 3 of the Paris Agreement, deliberations on setting the NCQG from a floor of USD 100 billion per year in the context of meaningful mitigation actions and transparency of implementation and taking into account the needs and priorities of developing countries, and agreed to consider in those deliberations the aim to strengthen the global response to the threat of climate change in the context of sustainable development and efforts to eradicate poverty, including by making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.

At CMA 3, Parties decided that the NCQG aims at contributing to accelerating the achievement of Article 2 of the Paris Agreement of holding the increase in the global average temperature to well below 2 °C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5 °C above pre-industrial levels, recognizing that this would significantly reduce the risks and impacts of climate change; increasing the ability to adapt to the adverse impacts of climate change and foster climate resilience and low greenhouse gas emission development in a manner that does not threaten food production; and making finance flows consistent with a pathway towards low greenhouse gas emission and climate-resilient development. Parties also decided that the consideration of NCQG will be in line with decision 14/CMA.1 and take into account the needs and priorities of developing countries and include, inter alia, quantity, quality, scope and access features, as well as sources of funding, of the goal and transparency arrangements to track progress towards achievement of the goal, without prejudice to other elements that will also be considered as the deliberations evolve and taking into consideration submissions.

At CMA 5, Parties decided to transition to a mode of work that enables the development of a substantive framework for a draft negotiating text for consideration by CMA 6. Parties also requested the co-chairs of the ad hoc work programme to develop and publish by March 2024 a workplan for 2024, taking into account submissions to be made by Parties. Additionally, the CMA also requested the co-chairs to conduct at least three technical expert dialogues in 2024 to allow for in-depth technical discussions on the elements of the NCQG back-to-back with three meetings under the ad hoc work programme to enable Parties to engage in developing the substantive framework for a draft negotiating text capturing progress made.

As outlined in the co-chairs’ workplan in 2024, to enable the development of a substantive framework for a draft negotiating text, the technical expert dialogues will continue to allow for in-depth technical discussions on the elements of the NCQG, including interlinkages between elements, and building on the options identified in 2023 in the co-chairs’ annual report and its addendum. The dialogues would be informed by the outcomes of the meetings under the ad hoc work programme.

Objective

The tenth technical expert dialogue aims to facilitate a deepened shared understanding of views on ambition, qualitative elements, structure, and transparency aspects of the NCQG, drawing on the elements and options discussed at the ninth technical expert dialogue in Cartagena, Colombia.

Format and participation

The tenth technical expert dialogue will take place in conjunction with the sixtieth sessions of the Subsidiary Bodies in Bonn, Germany and is open to Party and non-Party stakeholders. Participants attending on-site must be registered to attend the sixtieth sessions of the Subsidiary Bodies. To ensure inclusive and broader participation, the dialogue will be held in a hybrid format, enabling virtual participation. As mandated, the dialogue will have webcast.

The tenth technical expert dialogue will comprise of two interactive sessions, including an expert presentation and panel discussions where participants reflect on proposed topics and themes. After each panel discussion, sufficient time will be dedicated for open discussion among all participants to exchange views to deepen understanding.

In addition, the technical expert dialogues also present an opportunity for dynamic and interactive exchanges of a wide range of perspectives and experiences on the potential design and implementation of the NCQG. The provisional programme presents the themes and topics for discussion at the tenth technical expert dialogue including guiding questions. It takes into account the views expressed by Parties and non-Party stakeholders in their submissions as well as the views expressed during informal consultations held with interested groups of Parties upon their request in May 2024.

Provisional programme