July 2009: The UN Development Programme (UNDP), through its Global Project on capacity development for policy makers to address climate change under the Bureau for Development Policy, is developing a Methodology Guidebook and Reporting Guidelines for the assessment of investment and financial flows to address climate change. UNDP is inviting interested experts to provide comments on the methodology. The guidebook is expected to become a living document and will be revised as per countries’ experiences in developing analysis of investment and financial flows for greenhouse gas mitigation and adaptation.

In upcoming months, participating countries under the capacity development for policy makers project will be piloting the methodology for selected sectors. The outcome of the analysis should facilitate the understanding of additional costs and investment shifts per sector, and the required sources of finance and investments to develop specific policies. The results are expected to feed into national strategies to address climate change.
In the development of the methodology guidebook, UNDP received support from the UN University and from the Governments of Finland, Norway and Switzerland.
Comments on the methodology are to be submitted to Maria Netto (maria.netto@undp.org) UNDP Climate Policy Advisor, or Rebecca Carman, Project Manager (rebecca.carman@undp.org). [UNDP methodology guidebook]