Background: The Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA), at tis third session, established an ad hoc work programme on the new collective goal on climate finance (NCQG) from 2022-2024, facilitated by co-chairs. It decided to conduct four technical expert dialogues per year, with one to be held in conjunction with the first regular sessions of the Subsidiary Bodies and one to be held in conjunction with the CMAs, and the two remaining dialogues to be organized in separate regions with a view to facilitating inclusive and balanced geographical participation. The first technical expert dialogue was held in hybrid format from 24 to 25 March 2022 in Cape Town, following which, the co-chairs prepared a reflections note under their own responsibility. The reflections note presents a non-exhaustive set of views capturing the substantive and rich discussions under a landscape of identified issues. The second technical expert dialogue was also convened in a hybrid format on 13 to 14 June 2022 in Bonn, Germany.
Format: The third technical expert dialogue will provide space for deep dives on identified topics in an interactive format, including through breakout group discussions and “expert input roundtables”. In-person participants will be divided up into about 6 breakout groups, with 2 groups covering the same topic each and participants rotating every 40 minutes to the next group. Virtual participants will be divided into 4-5 groups.
Participation: The dialogue is open to nominated Party and non-Party stakeholders for on-site participation. To ensure inclusive and broader participation, the dialogue will be held in a hybrid format, enabling virtual participation. As mandated, the dialogue will also be webcasted.
Objectives:
To respond to the request to “deep dive” into specific elements identified in decision 9/CMA.3 and in the landscape of issues presented by the co-chairs of the ad hoc work programme, the third technical expert dialogue will focus on the needs and priorities of developing countries and the roles of public and private actors in the NCQG, as well as sources and instruments.
In particular, it will discuss:
- How the NCQG can address the needs and priorities of developing countries, including their scope, quantitative and qualitative aspects; and
- How the NCQG can reflect the roles of public and private finance actors in facilitating and delivering climate finance flows, taking into account the needs and priorities of developing countries, and which finance flows are consistent with a pathway towards low greenhouse gas emissions and climate resilient development.
Accordingly, the third technical expert dialogue will be structured as follows:
- Day 1: Understanding the different types of needs and priorities, and how they are prioritized and addressed.
- Day 2: Considering how the NCQG should reflect the needs and priorities of developing countries.
- Day 3: The role of public finance actors, sources and instruments in the context of the NCQG, taking into account the needs and priorities of developing countries.
- Day 4: The role of private finance actors, sources and instruments in the context of the NCQG, taking into account the needs and priorities of developing countries.
Webcasts
Day 2 (7 September) https://youtu.be/GH7HnPwoj5I
Day 3 (8 September) https://youtu.be/7vnKnPvTe88
Day 4 (9 September) https://youtu.be/NWoLbl5THw4
Provisional Programme
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Time (UTC+8)
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Session titles/description
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Speakers and Facilitators
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Day 1 (6 September)
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08:00 – 09:00
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Registration
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09:00 – 09:30
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Welcoming and introduction of the third technical expert dialogue
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Welcoming remarks
- Bruno Carrasco,bio Asian Development Bank
- Daniele Violetti,bio UNFCCC secretariat
- Secretary Robert E.A. Borje,bio Climate Change Commission, Philippines
Overview of the programme
Moderator: Federica Fricanobio and Kishanbio Kumarsingh, co-chairs of the ad hoc work programme on the NCQG
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09:30 – 10:15
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SESSION 1: Characteristics of needs and priorities of developing countries
This session will discuss the scope, scale, composition and characteristics of the needs and the priorities of developing countries, covering thematic areas, qualitative and quantitative aspects, means of implementation and geographies.
Scene-setting presentation
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Scene-setting presenter:
Questions and answers
Moderator: David McCauley,bio Senior Climate Finance Consultant
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10:15 – 12:15
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BREAKOUT GROUP DISCUSSIONS 1:
- Which are the different thematic areas and sectors where needs and priorities are identified? And how can the NCQG respond to these different thematic areas
- How can the NCQG be configured to ensure that the priorities of developing countries are addressed? Which sources of inputs can inform the NCQG on the priorities of developing countries?
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Breakout group facilitators:
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12:15 – 13:15
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Lunch
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13:15 – 14:00
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REPORT BACK of breakout group discussions 1
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Questions and answers
Moderator: David McCauley, Senior Climate Finance Consultant
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14:00 – 15:30
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SESSION 2: Experiences in translating needs and priorities into projects/programmes and how these can inform the NCQG
EXPERT INPUT ROUNDTABLE
This roundtable brings together experts representing governments, bilateral and multilateral finance institutions and civil society to discuss experiences in translating needs and priorities into projects and programmes, such as for the implementation of NDCs.
- How can the public and private sector effectively support the translation of needs and priorities into projects and programmes in the context of implementing NDCs and national climate strategies?
- What are the potentials, challenges, possible solutions and lessons learned?
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Expert Input Roundtable Group 1 (mitigation):
- Esmyra Javier,bio Asian Development Bank
- Björn Surborg,bio Deutsche Gesellschaft für Internationale Zusammenarbeit
- Anabella Umuhoza Kayihura,bio Rwanda (virtual)
Moderator: Una May Gordon, Senior Environment & Climate Change Expert
Expert Input Roundtable Group 2 (adaptation/resilience):
- Jerry Velasquez,bio Green Climate Fund (virtual)
- Veronica Jakarasi,bio Africa Enterprise Challenge Fund
- Gareth Phillips,bio African Development Bank (virtual)
Moderator: David McCauley, Senior Climate Finance Consultant
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15:30 – 17:30
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BREAKOUT GROUP DISCUSSIONS 2:
- How can the needs identified be used to facilitate climate finance mobilization and deployment, and be translated into project pipelines in the context of NDCs and national climate strategies?
- What are the needs/requirements of actors to facilitate translation into action?
- How and to what extent have the needs and priorities of developing countries been addressed, how has this been assessed if at all, and how have the actors responded consequently?
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Breakout group facilitators:
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17:30 – 18:00
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REPORT BACK of breakout group discussions 2
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Questions and answers
Moderator: David McCauley, Senior Climate Finance Consultant
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18:00-18:10
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Closing of Day I
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Moderator: Federica Fricano and Kishan Kumarsingh, co-chairs of the ad hoc work programme on the NCQG
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Day 2 (7 September)
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Time
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Session titles/description
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Speakers and Facilitators
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09:00 – 09:15
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Recap from Day I:
- What have we heard/ learned? What would we like to know more about?
- Overview of the focus of Day II
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Moderator:
- Federica Fricano and Kishan Kumarsingh, co-chairs of the ad hoc work programme on the NCQG
- David McCauley, Senior Climate Finance Consultant
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09:15 – 10:00
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SESSION 3: Needs and priorities in the context of setting the NCQG
This session discusses how the needs and priorities of developing countries identified during Day I can inform the setting of the NCQG. In particular, participants will identify how the scope, scale, composition and characteristics of the needs and priorities of developing countries can inform the goal.
- How can the NCQG meaningfully reflect the scope, quantity, quality, composition and characteristics of the needs and priorities?
- How can the NCQG address the needs and priorities of developing countries to respond to their dynamic and evolving nature?
- How can the NCQG help effectively allocate resources according to priorities and translate them into actions, drawing on previous experiences and lessons learned?
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Scene-setting presenter:
- Sandra Guzman,bio Climate Finance Group of Latin America and the Caribbean Presentation
- Luis Miguel Galindo,bio Universidad Nacional Autónoma de México, Presentation
Questions and answers
Moderator: Richard Muyungi,bio Tanzania
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10:00 – 12:00
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BREAKOUT GROUP DISCUSSIONS 3
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Breakout group facilitators:
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12:00 – 13:00
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Lunch
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13:00 – 14:00
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REPORT BACK of breakout group discussions 3
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Questions and answers
Moderator: Richard Muyungi, Tanzania
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14:00 – 15:30
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SESSION 4: Experiences in translating needs and priorities into national finance strategies and investment plans
EXPERT INPUT ROUNDTABLE – Bringing together experts representing governments, bilateral and multilateral finance institutions and civil society, this roundtable will share experiences in translating needs and priorities into national finance strategies and investment plans and how such strategies and plans can inform and facilitate progress towards the NCQG.
- How can the public and private sector effectively facilitate translating needs and priorities into climate finance strategies?
- What are the potentials, challenges, possible solutions and lessons learned?
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Expert Input Roundtable Group 1 (mitigation):
- Xing Zhang,bio Asian Infrastructure Investment Bank (virtual)
- Silvie Kreibiehl,bio Coordinating Lead Author for the IPCC (virtual)
- Jo Ann Eala,bio Bank of the Philippine Islands
- Aidy Halimanjaya, Dala Institute
Moderator: Richard Muyungi, Tanzania
Expert Input Roundtable Group Roundtable 2 (adaptation/resilience):
- Ahmed Qabany,bio World Bank (virtual)
- Meenakshi Raman,bio Third World Network
- Rochelle Newbold,bio Bahamas
Moderator: David McCauley, Senior Climate Finance Consultant
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15:30 – 17:30
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BREAKOUT GROUP DISCUSSIONS 4:
- How can the NCQG provide a framing that incentivizes the mobilization of climate finance required to address the needs and priorities of developing countries and achieve the long-term goals of the Paris Agreement, including making climate finance flows consistent with a pathway towards low GHG emissions and climate-resilient development?
- How can NCQG facilitate the development of needs-based finance strategies?
- How should the NCQG incentivize policies, institutional arrangements and capacities that are conducive to translating needs and priorities into actions? What are the requirements of actors to facilitate this translation into action?
- How have outcomes fed into policies and ambition?
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Breakout group facilitators:
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17:30 – 18:00
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REPORT BACK of breakout group session 4 and closing of day 2
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Questions and answers
Moderator: Richard Muyungi, Tanzania
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18:00 – 18:10
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Closure of the day
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Moderator: Federica Fricano and Kishan Kumarsingh, co-chairs of the ad hoc work programme on the NCQG
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Day 3 (8 September)
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Time
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Session titles/description
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Speakers and Facilitators
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09:00 – 09:15
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Recap from Day II
- What have we heard? What would we like to know more about?
- Overview of the focus of Day III
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Moderator:
- Federica Fricano and Kishan Kumarsingh, co-chairs of the ad hoc work programme on the NCQG
- Richard Muyungi, Tanzania
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09:15 – 10:00
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SESSION 5: The role of public and private finance in mobilizing and delivering climate finance
This session discusses the roles of public and private finance actors in the mobilization and delivery of climate finance. More specifically, this session will reflect on the thematic areas that public and private finance is flowing to and the sources and instruments. It will also consider climate finance flows, taking into account the needs and priorities of developing countries, and which finance flows are consistent with a pathway towards low greenhouse gas emissions and climate resilient development.
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Scene-setting presenter:
Questions and answers
Moderator: Margaret-Ann Splawn,bio Climate Markets & Investment Association
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10:00 – 12:00
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BREAKOUT GROUP DISCUSSIONS 5.1(a): The role of public actors, sources and instruments in the NCQG
- Who are the actors involved in mobilizing resources in each thematic area and what are they best placed to do?
- What types of instruments are being provided to which thematic area and which region? How effective have these instruments been? What are the lessons learned that can be reflected in the NCQG?
- What are the opportunities, challenges, and gaps identified in mobilizing climate finance in the context of the needs and priorities of developing countries and how can the gaps be filled from the perspective of Parties and relevant actors?
- What is/has been/could be the role of various sources of finance and mechanisms such as special drawing rights, taxing financial transactions, etc. and how, if any, do they relate to the scope of the NCQG?
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Breakout group facilitators:
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12:00 – 13:00
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Lunch
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13:00 – 14:00
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REPORT BACK of breakout group session 5.1(a)
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Questions and answers
Moderator: Margaret-Ann Splawn, Climate Markets & Investment Association
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14:00 – 15:30
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SESSION 5.2: Financing Strategies in the context of the NCQG
EXPERT INPUT ROUNDTABLE:
Experts representing governments, multilateral development banks and development finance institutions, multilateral climate funds, private investors, banks, insurance, businesses and small and medium enterprises will discuss opportunities for financing low-emission development and climate resilient strategies and how such strategies can inform the NCQG. In particular, representatives will discuss potentials, challenges and possible solutions, as well as lessons learned.
- How can financial institutions accelerate their financing activities to achieve the long-term goals of the Paris Agreement, including making climate finance flows consistent with a pathway towards low GHG emissions and climate-resilient development?
- What are challenges, possible solutions and lessons learned to financing such strategies?
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Expert Input Roundtable Group 1 (mitigation(:
- Jan-Willem van de Ven, European Bank for Reconstruction and Development (virtual)
- Zarak Khan,bio Pacific Islands Forum Secretariat (virtual)
- Jin Young Kim,bio Children's Investment Fund Foundation (virtual)
- Floradema C. Eleazar,bio United Nations Development Programme
- Harriet Horsfall,bio Australia
Moderator: Margaret-Ann Splawn, Climate Markets & Investment Association
Expert Input Roundtable Group 2 (adaptation/resilience):
- James Birch, Gates Foundation (virtual)
- Daouda Ben Oumar Ndiaye,bio Islamic Development Bank (virtual)
- Manja Vidic,bio United Nations Office for the Coordination of Humanitarian Affairs
Moderator: Richard Muyungi, Tanzania
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15:30 – 17:30
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BREAKOUT GROUP DISCUSSIONS 5.1(b): The role of public finance in the context of the NCQG
- In the context of developed countries’ commitment, how can the NCQG encourage the allocation of enhanced resources and overcome the challenges and constraints in responding to the needs and priorities of developing countries? What needs to be done?
- How have national strategies, goals or targets helped in attracting/mobilizing international and domestic finance? What are the gaps, opportunities and lessons learned?
- What is the role of public finance in supporting countries in making finance flows consistent with a pathway towards low GHG emissions and climate-resilient development, taking into account the needs and priorities of developing countries as well as equitable and just transition considerations? How can this be reflected in the NCQG?
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Breakout group facilitators:
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17:30 – 18:00
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REPORT BACK of breakout group discussions 5.1(b)
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Questions and answers
Moderator: Margaret-Ann Splawn, Climate Markets & Investment Association
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18:00 – 18:10
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Closure of the day
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Moderator: Federica Fricano and Kishan Kumarsingh, co-chairs of the ad hoc work programme on the NCQG
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Day 4 (9 September)
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Time
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Session titles/description
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Speakers and Facilitators
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09:00 – 10:45
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BREAKOUT GROUP DISCUSSION 5.1(c): The role of private actors, sources and instruments in the NCQG
- What is the role of the private sector in climate finance mobilization and deployment? How has this role played out in the context of responding to the needs of developing countries? What have been the challenges?
- Which private finance instruments have been used to provide climate finance? How can these instruments be reflected in the NCQG for each thematic area?
- What is the context of the NCQG in relation to the nexus between innovation in technology and climate finance to meet the goals of the Paris Agreement, and how can the private sector be engaged in those discussions and deployment of technologies?
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Breakout group facilitators:
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10:45 – 12:15
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SESSION 6: Public-private engagements to chart the way forward
EXPERT INPUT ROUNDTABLE:
This roundtable will bring together expert representatives from the public and private sector, think tanks and civil society in an interactive setting to reflect on the roles of public and private finance in the context of the NCQG. It will also identify opportunities for continued engagement in the NCQG process, against the backdrop of the discussions in the previous days of the dialogue.
- How can the NCQG facilitate the mobilization of climate finance through public interventions of private climate finance?
- How can the NCQG steer incentives for the private sector to make their financial flows consistent with a pathway towards low GHG emissions and climate-resilient development, taking into account considerations of equitable and just transition?
- How can the NCQG ensure a broader base of mobilization and delivery of climate finance? How can the NCQG reflect the global effort of mobilizing climate finance?
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Expert Input Roundtable Group 1 (Mitigation):
- Albert Altarejos Magalang,bio Department of Environment and Natural Resources
- Anjali Viswamohanan,bio Asian Investors Group on Climate Change (virtual)
- Angela Consuelo Ibay,bio WWF Philippines
Moderator: Margaret-Ann Splawn, Climate Markets & Investment Association
Expert Input Roundtable Group 2 (adaptation/resilience):
- Ekaterina Gratcheva,bio Climate Investment Funds (virtual)
- Andrew Kent Jan,bio TMB Bank (virtual)
- John Echauz,bio Insurance Support Services International Presentation
- Isatou Camara,bio Gambia
Moderator: Una May Gordon, Senior Environment & Climate Change Expert
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12:15 – 13:15
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Lunch
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13:15 – 15:15
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BREAKOUT GROUP DISCUSSIONS 5.1(d): The role of private finance in the context of NCQG
- What are the needs and requirements of the private sector in the provision of climate finance, including to respond to the needs and priorities of developing countries?
- What do Parties need to do to facilitate these needs/requirements?
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Breakout group facilitators:
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15:15 – 16:00
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REPORT BACK background groups discussions 5.1(c) and 5.1(d)
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Moderator:
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16:00 – 16:30
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Wrap-up and next steps:
What have we learned? How to take things forward? What do we need to discuss in more detail?
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Moderator: Federica Fricano and Kishan Kumarsingh, Co-chairs of the ad hoc work programme on the NCQG
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16:30 – 17:00
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Closing
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- Noelle O'Brien,bio Asian Development Bank (virtual)
- H.E. Maria Antonia Yulo-Loyzaga,bio Secretary, Department of Environment and Natural Resources
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