BackgroundThe COP, by decision 4/CP.24, paragraph 13, requested the Standing Committee on Finance to prepare, every four years, a report on the determination of the needs of developing country Parties related to implementing the Convention and the Paris Agreement, for consideration by the Conference of Parties, starting at its twenty-sixth session (November 2020), and the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement, starting at its third session (November 2020). In paragraph 14 of the same decision, the COP further requested the Standing Committee on Finance to collaborate, as appropriate, with the operating entities of the Financial Mechanism, the subsidiary and constituted bodies, multilateral and bilateral channels, and observer organizations. |
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Work on the determination of the needs of developing country Parties
At its 21st meeting, the Standing Committee on Finance continued deliberations on preparing the 2020 report on the determination of the needs of developing country Parties related to implementing the Convention and the Paris Agreement.
The Standing Committee on Finance agreed on the outline of the report, as well as on the workplan, including outreach activities and indicative timeline.
As part of the outreach activities, the Standing Committee on Finance has launched a Call for Evidence to support the preparation of the report.
Experts meeting on assessing and determining the needs of developing countries
The Secretariat, with the support of the Asian Development Bank and the Governments of the Republic of the Philippines and the Republic of Korea, convened an experts meeting on assessing and determining the needs of developing countries on 10-11 July 2019 in Mandaluyong, Metro Manila, Philippines. The summary of the meeting is available here. More information is available here.
Previous work related to assessing and determining developing countries' needs and priorities
In its consideration of the fourth review of the financial mechanism, the Subsidiary Body of Implementation, at its 28th session in 2008, requested the secretariat to provide, upon request, information to non-Annex I Parties on the assessment of financing needs to implement mitigation and adaptation measures. In fulfilling the mandate, the secretariat designed and implemented the National Economic, Environment and Development Study (NEEDS) for Climate Change Project. The project delivered eleven country study reports, an initial summary report, as well as a synthesis report. Further information on the NEEDs for Climate Change Project is available here.
In addition, by decision 6/CP.23, paragraph 10, the COP requested the secretariat, in collaboration with the operating entities of the Financial Mechanism, United Nations agencies and bilateral, regional and other multilateral channels to explore ways and means to assist developing country Parties in assessing their needs and priorities, in a country-driven manner, including technological and capacity-building needs, and in translating climate finance needs into action. Further information is available here.
Furthermore, by decision 18/CMA.1, the CMA adopted modalities, procedures and guidelines (MPGs) for the transparency framework for action and support under the Paris Agreement. These MPGs include the provision on reporting of information on financial, technology development and transfer and capacity-building support needed and received by developing country Parties. Further information can be viewed here.
