Experts on Long-term Finance Consider Enabling Environments and Pathways for Mobilizing Climate Finance

second-meeting-of-experts-on-long-term-finance20 August 2013: The Second Meeting of Experts on Long-term Finance (LTF) focused on aspects of the extended work programme on LTF under the UNFCCC. Participants made good progress on the topics of focus of the thematic sessions. However, it was recognized that more work remains to be done on defining climate finance, on improving the tracking and reporting of climate finance flows, and on overcoming the barriers to the pathways for mobilizing scale-up climate finance.

Over three thematic sessions, each commencing in plenary with presenters and discussants, followed by informal breakout sessions, participants considered: enabling environments and policy frameworks for effective deployment of climate finance; public policy and financial instruments that facilitate the mobilization of climate finance for mitigation and adaptation activities in developing countries; and parameters for identifying pathways for mobilizing scaled-up climate finance.

The meeting, which took place at the Wissenschaftzentrum in Bonn, Germany, from 19–20 August 2013, brought together approximately 50 participants representing developed and developing countries, multilateral development banks (MDBs) and civil society.

Following this Second Meeting of Experts, a final wrap-up meeting on the extended work programme is expected to take place in Incheon, Republic of Korea, from 10-12 September, which will be followed by the submission of a report by the LTF Co-Chairs on the outcomes of the extended work programme at the 19th session of the Conference of the Parties (COP 19) to the UNFCCC in Warsaw, Poland, in November 2013. This will inform the ministerial dialogue on finance at COP 19. [IISD RS Coverage] [Extended Work Programme on Long-term Finance Website]