News

World Bank Requests Comments on Monitoring and Reporting on Climate-Related Financial Flows

January 2010: The World Bank has issued a discussion paper titled "Monitoring and Reporting on Financial Flows Related to Climate Change," and is seeking comments. The study was prepared by the World Bank in consultation with the UNFCCC and the Organisation for Economic Co-operation and Development (OECD).

The discussion paper first focuses on tracking, monitoring and reporting various types of flows, primarily from ODA and other public sources, but also briefly reflecting on flows from private sources. It then looks at possible ways of tracking additionality in ODA flows only, with the aim of stimulating the discussion within the World Bank Group and its partners on this issue. Finally, it formulates proposals for further action by countries, the UN system and multilateral development banks. Feedback and comments are requested by 9 February 2010, and should be sent to ahuhtala@worldbank.org. [The Discussion Paper]