Long-term climate finance events in 2013

The Extended Work Programme on Long-term Climate Finance in 2013

The Conference of the Parties (COP) at its eighteenth session in decision 4/CP.18, decided to extend the work programme on long-term climate finance for one year to the end of 2013.

The aim of the work programme was to inform developed country Parties in their efforts to identify pathways for mobilizing scaled-up climate finance to USD 100 billion per year by 2020 from public, private and alternative sources in the context of meaningful mitigation actions and transparency on implementation, and to inform Parties in enhancing their enabling environments and policy frameworks to facilitate the mobilization and effective deployment of climate finance in developing countries.

Co-chairs of the 2013 work programme on long-term finance

H.E. Abdullah Bin Hamad Al Attiyah, President of COP 18 was invited by the COP to appoint two co-chairs, one from a developing country Party and one from a developed country Party. The co-chairs, supported by the secretariat, were requested to report back to the Conference of the Parties, at its nineteenth session, on the outcomes of the work programme.

The co-chairs, Mr. Naderev Saño  and  Mr. Mark Storey, reported back at COP 19 in Warsaw on the outcomes of the work programme, which was also used to inform the in-session high-level ministerial dialogue on efforts being undertaken by developed country Parties to scale-up the mobilization of climate finance after 2012.

Outcomes

In the context of the agreed outcome pursuant to the Bali Action Plan in decision 4/CP.18, the outcomes of the extended work programme on long-term finance also informed the in-session high-level ministerial dialogue under the Conference of the Parties, at its nineteenth session, in its consideration of the progress made in the mobilization of the long-term finance and efforts being undertaken by developed country Parties to scale up the mobilization of climate finance after 2012

 

Events

10-12 September 2013 - Scaling up Climate Finance: Work Programme on Long-term Finance Wrap-up Event, Incheon, Republic of Korea

As a part of the UNFCCC extended work programme on long-term finance mandated by COP 18, the wrap-up event of the work programme was held from 10 to 12 September in Incheon, Republic of Korea.

Informed by outcomes generated from a series of activities held throughout 2013, including two meetings of experts, the wrap-up event brought together over 100 representatives from Parties, financial institutions, private sector executives, civil society and academia to identify and express their views on:

  • the pathways for mobilising scaled-up climate finance to USD 100 billion per year by 2020 from public, private and alternative sources in the context of meaningful mitigation actions and transparency of implementations and;
  • enhancing enabling environments and policy frameworks to facilitate the mobilisation and effective deployment of climate finance in developing countries.

. The discussions were informed by outputs generated from a series of activities undertaken in the context of the extended work programme on long-term finance, including two meetings of experts.

Image The International Institute for Sustainable Development (IISD) Reporting Services covered the meeting, with summaries and photos.
Click here to watch the VIDEO SUMMARY of this event

Date: 10-12 September 2013
Venue: Hyatt Regency Hotel(Website), Incheon, South Korea
Meeting Documents:

WEBCAST RECORDING AND SOCIAL MEDIA:

This meeting was webcast live on the internet and virtual participants were invited to take part in the discussions via social media participation. Click here to watch the webcast recording of the event.
 

PRESENTATION SLIDES AND WEBCAST RECORDINGS:
 

Day 1: Tuesday, 10 September 2013

09:00-09:45 Korea Time

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WEBCAST

Opening session
Opening and welcome by the LTF co-chairs Mr.Naderev Sano, Philippines and Mr.Mark Storey, Sweden

Opening remarks by Mr.Kyung Ho Choo, Vice Minister of Strategy and Finance, Republic of Korea
09:45-11:00
Korea Time

 

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WEBCAST

Plenary session I: Pathways for mobilizing scaled-up climate finance
This session took a look at key features and elements that underpin likely pathways for mobilizing scaled-up climate finance to USD 100 billion per year by 2020 from multiple sources based on the insight that emerged from the two meetings of experts.
  • Barriers to longer-term planning for budgetary resources and country experiences and practices adopted to overcome them;
  • Identifying the pathways for public, private and alternative sources at aggregate level for the period leading to 2020;
  • Ways and means to achieve greater transparency, including through enhanced clarity on the sets of definitions of climate finance

Presenters

11:00-11:15

Coffee break
11:15-12:30
Korea Time

 

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Plenary session I: Pathways for mobilizing scaled-up climate finance (continued)
 

Discussants

  • Paul Watkinson, France
  • Hussein Alfa Nafo, Mali
  • H.E. Paul Oquist, Nicaragua
    pdf-icon Pathways and roadblocks to climate finance (3351 kB)
    Session format: Summary presentation by LTF co-chairs followed by responses from three discussants and a brief moderated Q&A session for all participants attending in-person and through webcast and social media

12:30-14:30

Lunch

14:30-16:00

Break out groups facilitated by:
  • Abhishek Acharya, India
  • Erik Haites, Margaree Consultants
  • Amal-lee Amin, E3G

16:00-16:30

Coffee Break
16:30-17:30
Korea Time

 

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Plenary reports and discussions
18:30-20:00 Reception jointly hosted by the Ministry of Strategy and Finance of the Republic of Korea and the Municipal Government of Incheon

 

Day 2: Wednesday, 11 September 2013
09:00-10:30 Korea Time
 

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Plenary session II: Enabling environments and policy frameworks for effective deployment of climate finance
This session will examine and identify conditions and factors that determine effective deployment of climate finance in developing countries based on insight that emerged from the two meetings of experts on long-term finance. The presentations and discussions will focus on:
  • Factors that underpin effective deployment of climate finance at country and programme/project levels, including emerging approaches for measuring effectiveness of deployed climate finance;
  • Efforts to enhance absorptive capacity in developing countries;
  • Transparency of climate finance information

Presenters

Discussants

10:30-11:00

Coffee break

11:00-12:30

Break out groups facilitated by:
  • Pak Sum Low, Academy of Sciences, Malaysia and Bond University, Australia
  • Athena Ballesteros, World Resource Institute
  • Daisy Streatfield, United Kingdom

12:30-14:00

Lunch Break
14:00-15:30
Korea Time

 

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Plenary session III: Enabling environments and policy frameworks for mobilizing scaled-up climate finance
This session will identify supportive public policies, regulatory measures and financial instruments that facilitate scaled up mobilization of climate finance from multiple sources based on insight that emerged from the work undertaken in 2012 and the two meetings of experts on long-term finance.
  • Enabling environments and conducive policies required to unlock climate finance from international and domestic sources, public and private, multilateral and bilateral, to support low-carbon and climate-resilient activities in developing countries;
  • Specific policy measures required to bring down barriers to private sector finance and investments in low-carbon and climate-resilient programmes and projects in developing countries;
  • The roles of public and private finance actors and development finance institutions in achieving scaled-up climate finance.

Presenters

Discussants

  • Josue Tanaka, European Bank for Reconstruction and Development
  • Jessica Brown, US State Department
  • Diann Black-Layne, Antigua and Barbuda
  • H.E. Paul Oquist, Nicaragua
    Enabling environments and policy framework for climate finance: The case of Nicaragua
    Session format: Summary presentation by LTF co-chairs followed by responses from three discussants and a brief moderated Q&A session for all participants attending in-person and through webcast and social media

15:30-16:00

Coffee Break

16:00-17:30

Breakout groups facilitated by
  • Gemma O Reilly, Ireland
  • Butch Bacani, United Nations Environment Programme Finance Initiative
  • Gary William Theseira, Malaysia

 

Day 3: Thursday, 12 September 2013
09:00-10:00 Korea Time
 

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Plenary reports and discussions: Sessions II and III

11:00-11:30

Coffee break

11:30-12:30
Korea Time


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WEBCAST

Wrap-up and closure
2 September 2013 - UNFCCC Webinar: Emerging insight from the meetings of experts on long-term finance

First run: 09:00-10:00, CET (Germany Time)
Second run: 16:00-17:00, CET
(Germany Time)

By decision 4/CP.18, COP18 decided to extend the work programme on long-term finance for one more year, with an aim to inform developed country Parties in their efforts to identify pathways for mobilizing scaled-up climate finance to USD 100 billion per year by 2020 from public, private and alternative sources in the context of meaningful mitigation actions and transparency of implementation (Pillar I) and, inform Parties in enhancing their enabling environments and policy frameworks to facilitate the mobilization and effective deployment of climate finance in developing countries (Pillar II).

The co-chairs of the work programme Mr. Mark Storey (Sweden) and Mr. Naderev Saño (Philippines) undertook a series of activities, including two meetings of experts in Manila and Bonn, with a view to exploring key aspects of the two pillars from a technical and analytical angle.

Following the meetings of experts, the co-chairs convened a webinar to discuss insights emerging from the work undertaken throughout 2013. The webinar was open to Parties and observer organizations, including climate finance stakeholders.

The extended work programme culminated with a wrap-up event, which was held on 10-12 September in Incheon, South Korea.

Presentations by
Mr. Naderev Saño (Philippines), co-chair of the work programme on long-term finance
Mr. Mark Storey (Sweden), co-chair of the work programme on long-term finance
Presentation slide

Last updated 28 August 2013

19-20 August 2013 - Second Meeting of Experts on Long-term Finance, Bonn, Germany

The Second Meeting of Experts on Long-term Finance was held in Bonn, Germany from 19 to 20 August 2013. The meeting continued to discuss the parameters of pathways for mobilizing scaled-up climate finance and examine enabling environments and policy frameworks in the context of mobilization and effective deployment of climate finance.

Climate finance experts from governments (including ministries of planning and finance), international financial institutions, private sector and think tanks had an opportunity to share their views about pathways and enabling environments of climate finance.

The meetings of experts are organized as part of the extended work programme on long-term finance, which culminated with a wrap-up event in September 2013, followed by a co-chairs' report to COP 19 in Warsaw.

ImageThe International Institute for Sustainable Development (IISD) Reporting Services covered the meeting.
Click here to view the summary report and photos.

Date: 19-20 August 2013
Venue: Wissenschaftszentrum (Website), Bonn, Germany
Meeting Documents:

IISD Video Reporting Service

 

Day 1: Monday, 19 August 2013
Session I Enabling environments and policy frameworks for effective deployment of climate finance
 

Presenters

Break-out groups

  • Discussion Leader: Mohamed Nasr, Egypt
     
  • Discussion Leader: Amal-lee Amin, E3G
Session II Public policy and financial instruments that facilitate the mobilization of climate finance for mitigation and adaptation activities in developing countries
 

Presenters

Break-out groups

 

Day 2: Tuesday, 20 August 2013
Session III Parameters for identifying pathways for mobilizing scaled-up climate finance
 

Presenter

Break-out groups

  • Discussion Leader: David Kaluba, Ministry of Finance and Planning, Zambia
  • Discussion Leader: Georg Borsting, Ministry of Foreign Affiars, Norway


Additional background materials:

16-17 July 2013 - First Meeting of Experts on Long-term Finance, Makati City, Philippines

Image The first of two meetings of experts on long-term finance was held in Makati City, Philippines from 16 to 17 July 2013.

The meeting discussed the parameters of pathways for mobilizing scaled-up climate finance to the joint goal of USD 100 billion per year by 2020, and examine enabling environments and policy frameworks in the context of mobilization and effective deployment of climate finance.

Climate finance experts from governments (including ministries of planning and finance), international financial institutions, private sector and think tanks had an opportunity to share their views about pathways and enabling environments of climate finance.

The meetings of experts were organized as part of the extended work programme on long-term finance, which culminated with a wrap-up event in September 2013, followed by a co-chairs' report to COP 19 in Warsaw.

 

ImageThe International Institute for Sustainable Development (IISD) Reporting Services has covered this meeting.

Meeting Documents:

Additional background materials:

 

4 & 10 June 2013 - LTF co-chairs' two-part event during the Bonn Climate Change Conference in June

The co-chairs of the extended work programme on long-term finance organized a two-part event on long-term finance during the 38th meeting of the Subsidiary Bodies (SB 38) and the second part of the second session of the Ad Hoc Working Group on Durban Platform for Enhanced Action (ADP 2-2) in Bonn, Germany.

The event drew participation from Parties and climate finance stakeholders during the Bonn Climate Change Conference.

First part of the event
The first part of the event focused on pathways for mobilization of climate finance to USD 100 billion per year by 2020 from public, private and alternative sources.

Structure and flow:

Conveners:
Mr. Naderev Saño (Philippines), co-chair of the work programme on long-term finance
Mr. Mark Storey (Sweden), co-chair of the work programme on long-term finance

Presentation by:
Erik Haites, Margaree Consultants
Click here for the presentation slides.

Discussants:
David Kaluba, Principal Economist, Ministry of Finance and National Planning, Zambia
Leif Kolbjorn Ervik, Director-General, Ministry of Finance, Norway

Questions and answers

Closing of the meeting

Second part of the event
The second part has focused on the enabling environments and policy frameworks to facilitate the effective mobilization and deployment of climate finance in the developing countries.

IISD Reporting Service has featured this meeting in its daily video update on 10 June. Please click here to watch the video.

Date and time: Monday 10 June 13:15-14:45
Venue: Saal Schumann in Maritim hotel, Bonn, Germany
Structure and flow:

Conveners:
Mr. Naderev Saño (Philippines), co-chair of the work programme on long-term finance
Mr. Mark Storey (Sweden), co-chair of the work programme on long-term finance

Presentation by:
Amal-lee Amin, E3G
Long-term Finance: Enabling environments and policy frameworks related to climate finance

Discussants:
Alan Miller, IFC
Bonizella Biaggini, GEF
Daniel Buckley, UNDP

Questions and answers

Closing of the meeting
                         

3 May 2013 - Information event on the extended work programme on long-term finance

An information event was held on Friday 3 May 13:00 at Wasserwerk, Bonn, Germany. The purpose of the information event was to inform Parties and observers on the organization and implementation of the extended work programme on long-term finance in 2013.

The co-chairs presented the themes and the modalities of the extended work programme during the information event, based on the received submissions, two webinar runs in April, and bilateral consultations with Parties during ADP 2. The information event was webcasted live through the official UNFCCC website.

18 April 2013 - First webinar on long-term finance work programme on the themes and modalities of 2013's work programme on long-term finance

First run: 09:00-10:00, CET (Germany Time)
Second run: 16:00-17:00, CET
(Germany Time)

The co-chairs of the extended work programme on long-term finance Mr. Mark Storey (Sweden) and Mr. Naderev Saño (the Philippines) invited Parties and stakeholders to join the webinar on the extended work programme on long-term finance.

The COP by its pdf-icon decision 4/CP.18, extended the work progamme on long-term finance in 2013. The aim of the work programme in 2013 was to inform developed country Parties in their efforts to identify pathways for mobilizing scaled-up climate finance to USD 100 billion per year by 2020 from public, private and alternative sources in the context of meaningful mitigation actions and transparency of implementation and, inform Parties in enhancing their enabling environments and policy frameworks to facilitate the mobilization and effective deployment of climate finance in developing countries. The work programme in 2013 followed the work programme undertaken in 2012.

Attendees at this webinar had the opportunity to share their views on long-term finance work programme. In particular, the co-chairs were interested in soliciting views on following issues, namely:

  • Expected outcomes of the extended work program on long-term finance in 2013;
  • How to best focus and advance our discussions on topics around pathways for mobilizing scaled up climate finance, enabling environments and policy frameworks; and
  • The modalities for conducting this work programme and other supporting activities.

Based on this webinar the co-chairs continued to consult with Parties and stakeholders during the second session of the Ad Hoc Working Group on the Durban Platform for Enhanced Action in Bonn.

Conveners
Mr. Naderev Saño (the Philippines), co-chair of the work programme on long-term finance
Mr. Mark Storey (Sweden), co-chair of the work programme on long-term finance
Click here to download the slides from the webinar.

Video recordings