The UNFCCC Secretariat has published the report of the in-session workshop on long-term climate finance (LTF) (FCCC/CP/2015/2), which summarizes the workshops's technical discussions and outcomes.
The workshop aimed to: showcase concrete instruments and measures that contribute to the mobilization of climate finance for adaptation action in developing countries; provide greater clarity on the barriers and opportunities for accessing climate finance, particularly for adaptation; and identify concrete actions that can be undertaken (collaboratively) to foster the deployment of adaptation finance in the short term in developing countries.
13 October 2015: The UNFCCC Secretariat has published the report of the in-session workshop on long-term climate finance (LTF) (FCCC/CP/2015/2), which summarizes the workshops’s technical discussions and outcomes. The workshop aimed to: showcase concrete instruments and measures that contribute to the mobilization of climate finance for adaptation action in developing countries; provide greater clarity on the barriers and opportunities for accessing climate finance, particularly for adaptation; and identify concrete actions that can be undertaken (collaboratively) to foster the deployment of adaptation finance in the short term in developing countries.
Workshop participants called for scaling up finance to foster adaptation actions in developing countries, including the role of collaborative arrangements for managing climate risks; and accessing climate finance by strengthening institutional capacity. They also urged fostering investments to enhance resilience to climate change and discussed: policy, legal frameworks, country strategies and priority sectors for investments in climate resilience; and interactions between public and private sectors for scaling up funding and investments.
The workshop also proposed that: discussions at the 2016 in-session workshop could elaborate on elements from lessons learned, examples and case studies that could be replicated and useful for mobilizing and deploying adaptation finance; approaches that ensure synergy, coherence and complementarity with other processes under the Convention could be considered; more frequent discussions could take place in conjunction with meetings of relevant bodies under the Convention; and the visibility, access and availability of the case studies and information could be enhanced through the use of online tools and virtual expositions.
Least developed countries (LDCs) and small island developing States (SIDS) emphasized the need to take into account their special circumstances when elaborating on lessons learned and case studies. The workshop took place from 4-5 June 2015, in conjunction with the 42nd sessions of the subsidiary bodies of the UNFCCC. [Publication: Summary Report of the In-session Workshop on Long-term Climate Finance in 2015] [Workshop Website] [IISD RS Coverage of SB 42]