The 62nd sessions of the UNFCCC Subsidiary Bodies (SB 62) will convene from 16 to 26 June 2025 at the World Conference Center Bonn in Germany. This mid-year climate conference brings together the Subsidiary Body for Scientific and Technological Advice (SBSTA) and the Subsidiary Body for Implementation (SBI) to advance negotiations on key issues such as adaptation, mitigation, climate finance, and transparency. As a critical milestone between COP 29 in Baku and COP 30 in Belém, SB 62 will feature mandated events, technical workshops—including on gender action planning—and side events focused on just transition, agriculture, and climate resilience. The outcomes of SB 62 are expected to shape the agenda and inform decisions at COP 30 later in the year.

Climate Policy Initiative, I4CE, World Resources Institute, and DEval, will host the following side event:

Advancing the Baku to Belém Roadmap: Mobilizing High-Impact, Transformational Finance in EMDEs
Friday, 20 June 2025; 4:30–5:45 PM CEST 
Room Bonn

The event will explore climate finance to EMDEs and discuss ways to reach the $300bn and $1.3tn targets via public and private finance for adaptation and mitigation using emerging evaluation methods and more efficient use of finance for impact, alignment, equitable distribution, and transparency.  

Event agenda

4:35pm-4:40pm

Welcome and overview of agenda

Baysa Naran, Senior Manager, Climate Policy Initiative (CPI) 

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4:40pm-5:10pm

Understanding the concept of “quality” of climate finance and defining “transformational finance”

Keynote presentations: 

• Understanding and defining the quality of climate finance (CPI)
• Defining transformational finance for climate (I4CE) Panel discussion followed by Q&A

Moderator: Baysa Naran, Senior Manager, CPI

CPI Keynote speakers: 

• Costanza Strinati, Manager, CPI
• Sarah Bendahou, Researcher, I4CE

Panellists: 

• Ana Toni, National Secretary for Climate Change, Brazil Ministry of the Environment and Climate Change
• Hendrikje Reich, Head of the International Climate Finance Division, German Federal Foreign Office
• Alexis Bonnel, Strategy and Foresight Advisor, Agence Française de Développement (AFD)

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5:10pm-5:40pm

Ensuring high impact of climate finance 

Keynote presentations: 

• Transparency, distribution, and impact of mitigation ODA (DEval)
• High-impact adaptation finance (WRI) Panel discussion followed by Q&A 

Moderator: Baysa Naran, Senior Manager, CPI

CPI Keynote speakers: 

• Thomas Wencker, Senior Evaluator, DEval
• Carter Brandon, Senior Fellow, WRI

WRI Panellists: 

• Ana Toni, National Secretary for Climate Change, Brazil Ministry of the Environment and Climate Change
• Hendrikje Reich, Head of the International Climate Finance Division, German Federal Foreign Office
• Alexis Bonnel, Strategy and Foresight Advisor, Agence Française de Développement (AFD)

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5:40pm-5:45pm

Wrap up and closing  

Baysa Naran, Senior Manager, Climate Policy Initiative (CPI)