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Transparency of climate finance provided and mobilised, Jane Ellis CCXG GF September 2016 Breakout D

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Transparency of climate finance provided and mobilized by Jane Ellis CCXG GF September 2016 Breakout D

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Transparency of climate finance provided and mobilised, Jane Ellis CCXG GF September 2016 Breakout D

  1. 1. Climate Change Expert Group www.oecd.org/env/cc/ccxg.htm Transparency of climate finance provided and mobilised Jane Ellis (OECD), jane.ellis@oecd.org Based on a draft discussion document: “Enhancing transparency of climate finance under the Paris Agreement: lessons from experience” by Jane Ellis and Sara Moarif CCXG Global Forum on the Environment and Climate Change 13-14 September 2016
  2. 2. 2 Climate Change Expert Group Main messages Reporting Data collection and reporting: widespread for climate finance (CF) provided; significant gaps & methodological challenges remain for CF mobilised. Greater reporting by Parties under the Paris Agreement will still only result in a partial picture. Review Paris Agreement extends coverage of reviews for CF provided; does not mention review of CF mobilised.
  3. 3. 3 Climate Change Expert Group Presentation outline  How has the Paris Agreement strengthened provisions for reporting and review of climate finance (CF) provided and mobilised?  What is experience and current challenges with data collection and reporting?  Which issues still need resolving?  Conclusions
  4. 4. 4 Climate Change Expert Group Possible components of provided and mobilised climate finance Public (bilateral) Public (multilateral) Private (multilateral) Private (bilateral) Mobilised (indirect) Not to scale Export credits
  5. 5. 5 Climate Change Expert Group Paris Agreement strengthens provisions for CF reporting, review  Strengthened reporting: o Reporting on CF “provided” mandatory for developed countries, recommended for “other countries” o Reporting on CF “mobilised”  Strengthened review requirements for CF “provided”: o All reported information to be reviewed  Some inconsistencies remain, as do gaps
  6. 6. 6 Climate Change Expert Group Data collection of CF components patchy (& impedes reporting) Annex II Other developed Other Public, bilateral Public, multilateral Export credits Private, bilateral Private, multilateral Private, (indirect)  MDBs also report on CF they provide, mobilise
  7. 7. 7 Climate Change Expert Group Key remaining issues in reporting & review Reporting  Significant challenges in estimating, attributing mobilised CF, ensuring comparability of different estimates  Overcoming gaps in information from individual Parties, which is not enough to develop an overall CF aggregate Review  Clarify scope  Aggregated review summaries (CF, technology, capacity building) mask issues in reporting of CF
  8. 8. 8 Climate Change Expert Group Conclusions  Considerable experience exists with collecting, reporting, reviewing some CF information …  … but gaps and inconsistencies remain  … which hinders development of an aggregate overview  Collective reporting could improve completeness, comparability - may need input from non-Parties  Improved reporting could be encouraged by: o Methodological developments o More systematic data collection & clear reporting guidelines o Agreeing reporting tables for mobilised CF o Modifying current review outputs
  9. 9. 9 Climate Change Expert Group Thank you! For more information: www.oecd.org/env/cc/ccxg.htm www.oecd.org/env/researchcollaborative www.oecd.org/dac/stats/rioconventions.htm

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