31 October 2017
UNFCCC Releases Climate Finance-related Documents Ahead of COP 23
Photo by IISD/ENB | Kiara Worth
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Climate finance will be considered across the agendas at the forthcoming UN Climate Change Conference in Bonn.

In addition to reviewing the work of, and providing guidance to, several finance-related bodies and institutions, Parties will discuss how finance will be reported under the Paris Agreement.

24 October 2017: Various UNFCCC bodies will consider climate finance during the UN Climate Change Conference in Bonn, Germany, held from 6-17 November. Related issues include guidance to the operating entities of the Financial Mechanism, reviews of the Standing Committee on Finance (SCF) and the Adaptation Fund, and modalities for ex-ante and ex-post transparency of climate finance. In preparation for the two-week conference, the UNFCCC Secretariat has made available a number of documents.

The 47th session of the Subsidiary Body for Implementation (SBI 47) is expected to take up issues related to the provision of financial and technical support for reporting from non-Annex I countries, the review of the functions of the Standing Committee on Finance (SCF) and the third review of the Adaptation Fund. To support consideration of these items, the Secretariat has made available the following documents: a report of two regional training workshops on reporting by non-Annex I Parties (FCCC/SBI/2017/INF.9); information by the Global Environment Facility (GEF) on its financial support to reporting by non-Annex I Parties (FCCC/SBI/2017/INF.10); a report of the SCF (FCCC/CP/2017/9); a technical paper reviewing the functions of the SCF (FCCC/TP/2017/4); and a technical paper on the third review of the Adaptation Fund (FCCC/TP/2017/6). [SBI 47 Provisional Annotated Agenda] [Report on Regional Training Workshops on Sustainable National GHG Inventory Management Systems and the Use of the 2006 IPCC Guidelines for National GHG Inventories] [Information Provided by the GEF on Its Activities Relating to the Preparation of National Communications and BURs] [Report of the SCF] [Technical Paper on the Review of the Functions of the SCF] [Technical Paper on the Third Review of the Adaptation Fund]

SBSTA 47 will continue its consideration of modalities for the accounting of financial resources provided and mobilized through public interventions under the Paris Agreement on climate change.

In addition, the SBI will consider financial matters, including budget performance for the biennium 2016-2017 and the audit report and financial statements for 2016. As per the request of the Like-Minded Developing Countries (LMDCs) group, the provisional agenda will also include the UNFCCC programme budget for the biennium 2018-2019. [SBI 47 Provisional Annotated Agenda Addendum] [SBI 47 Pre-session Documents]

The 47th session of the Subsidiary Body for Scientific and Technological Advice (SBSTA 47) will continue its consideration of modalities for the accounting of financial resources provided and mobilized through public interventions in accordance with Paris Agreement Article 9.7 (transparency of climate finance provided and mobilized through public interventions). [SBSTA 47 Provisional Annotated Agenda]

The fourth part of the first session of the Ad Hoc Working Group on the Paris Agreement (APA 1-4) will continue discussing matters relating to the Adaptation Fund under the sub-item on preparing for the convening of the first session of the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA). [APA 1-4 Provisional Annotated Agenda]

In addition to considering the third review of the Adaptation Fund and financial matters, the 13th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP 13) will consider the report of the Adaptation Fund Board (FCCC/KP/CMP/2017/6). [CMP 13 Provisional Annotated Agenda] [Report of the Adaptation Fund Board]

The 23rd session of the of the Conference of the Parties (COP 23) to the UNFCCC has on its provisional agenda several sub-items relating to finance, including the ones it will forward to the SBI for consideration. COP 23 will consider, inter alia, long-term finance (LTF), reports from the Green Climate Fund (GCF) and the GEF, the sixth review of the Financial Mechanism, and ex-ante transparency on climate finance. Documents prepared by the Secretariat to support these deliberations include: a summary report from the 2017 in-session workshop on LTF (FCCC/CP/2017/4); a summary of the second biennial high-level ministerial dialogue on climate finance (FCCC/CP/2017/8); report of the GCF (FCCC/CP/2017/5); report of the GEF (FCCC/CP/2017/7 and Add.1); and a summary report of a roundtable discussion on the process to identify information to be provided under Paris Agreement Article 9.5 (ex-ante transparency of climate finance) (FCCC/CP/2017/INF.2). [COP 23 Provisional Annotated Agenda] [Report of In-session Workshop on Long-term Climate Finance in 2017] [Summary of the Second Biennial High-level Ministerial Dialogue on Climate Finance: A Multi-stakeholder Approach to the Mobilization and Delivery of Adaptation Finance] [Report of the GCF] [Report of the GEF] [Report of the GEF Addendum] [Summary Report of Round-table Discussion on the Process to Identify Information to be Provided under Article 9.5 of the Paris Agreement]


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