Monitoring past, present, and future 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 instruments for maximum impact and scale, and optimize the deployment of public resources in a way that can effectively and efficiently unlock private investment at the transformational scales needed.
In this workshop, organized in the context of COP 25 in collaboration with the European Forest Institute and UNDP, particpants:
- Shared knowledge and best practices on mapping and tracking flows of domestic climate finance
- Identified ways to ensure domestic finance mapping can support planning of effective spending and investment to achieve climate goals
- Networked with a growing community of domestic climate finance practitioners from national governments, donors, UN agencies, and implementing organization