Context

Monitoring public and private spending and investment patterns is essential to achieving climate mitigation and adaptation objectives. Such information helps measure progress, identify gaps, align flows, and optimizes the deployment of public resources in a way that can effectively and efficiently unlock private investment at the transformational scales needed.

Last year on the sidelines of COP25 in Madrid, the European Forest Institute, Climate Policy Initiative, and UNDP organized an interactive workshop that brought together donor governments and implementing organizations actively engaged in tracking and mapping domestic climate finance or considering doing so. Participants exchanged ideas, tools, and methods related to climate finance mapping and tracking to better understand practitioners’ needs and priorities to support the implementation of national climate strategies. Over 45 participants attended the workshop from more than 24 countries.

Objectives of the workshop

We are organizing a virtual follow up to this event to:

• Share updates and lessons learned among the community of practitioners about recent efforts to track and map domestic climate finance, including efforts to better capture public and private sector finance and to measure progress in line with national plans and Paris Agreement objectives.
• Provide an update on related international reporting requirements and transparency efforts.

Agenda

Moderator: Angela Falconer, Director, Climate Policy Initiative

Introduction and overview of domestic mapping initiatives and tools (15 minutes) Adeline Dontenville, Land-use finance Lead, European Forest Institute Chavi Meattle, Senior Analyst, Climate Policy Initiative Padraig Oliver, Programme Officer, UNFCCC: Domestic climate finance tracking in the context of the Global Stocktake 2023 and the enhanced transparency framework

Icebreaker/networking poll

Session 1: Using national climate finance tracking to drive increased policy ambition, improved climate finance reporting and mobilization of resources (45 minutes) This session will begin with short presentations from country representatives showcasing recent progress on domestic tracking initiatives. This will be followed by discussion with participants on the opportunities to use climate finance tracking to influence outcomes at the national and international level. Moderator: Tom Beloe, SDG Finance Advisor, UNDP Speakers: Peter Odhengo, Senior Policy Advisor on Climate Finance Kenyan Treasury Representative of the government of Ecuador Representative of the Fiscal Policy Agency (BKF) of Indonesia Representative of the Ministry of Finance of France (tbc) Sarah McPhail, Financial Sector Policy, National Treasury of South Africa

Session 2:  How national climate finance tracking can be leveraged to align public and private actors’ investments with the Paris Agreement? (45 minutes) Bringing in additional public and private finance perspectives, panelists will discuss how information on climate finance flows can help inform and leverage Paris Aligned investment and what challenges remain. This will be followed by a Q&A with participants. Moderator: Amal-Lee Amin, Director, Climate Change, CDC Group Panelists: Chris Dodwell, Head of Policy and Advocacy, Director, Impax Asset Management Clifford Polycarp, Deputy Director, Country Programming Nathan Fabian, Chief Responsible Investment Officer at PRI and Chairperson at European Platform on Sustainable Finance Representative of the government of Chile (tbc)

Next Steps and Closing Remarks (5 min) Barbara Buchner, Global Managing Director, Climate Policy Initiative

If you are interested in registering for this event please contact chavi.meattle@cpiglobal.org