Similar to CCXG Global Forum September 2017, BG2 Transparency of reporting on finance: Enhanced reporting on finance provided and mobilised by Lola Vallejo
Methodological note on the OECD-DAC climate-related development finance datab...Guillaume Simon
Similar to CCXG Global Forum September 2017, BG2 Transparency of reporting on finance: Enhanced reporting on finance provided and mobilised by Lola Vallejo (20)
Air breathing and respiratory adaptations in diver animals
CCXG Global Forum September 2017, BG2 Transparency of reporting on finance: Enhanced reporting on finance provided and mobilised by Lola Vallejo
1. Climate Change Expert Group www.oecd.org/env/cc/ccxg.htm
Transparency of reporting on
finance:
Enhanced reporting on finance
provided and mobilised
Lola Vallejo (OECD)
based on “Enhancing mitigation and finance reporting”
(Vallejo, Moarif & Halimanjaya; draft)
CCXG Global Forum on the Environment and Climate Change
12 September 2017
2. 2 Climate Change Expert Group
Reporting finance provided and
mobilised: Lessons to date
A. Incomplete picture (scope of reporting
Parties)
B. Limited but growing experience of
reporting private finance mobilised
C. Inconsistent information reported by
Parties, despite improvements
3. 3 Climate Change Expert Group
Developed
Changes to existing arrangements
under Paris Agreement
Scope of reporting Parties
o Annex II Developed + ‘Other’
Content reported
o Voluntary reporting of private finance mobilised for Annex II
Mandatory for developed countries
o Finance mobilised by public bilateral
Mobilised by all public interventions (incl. multilateral)
Annex II
“Addresses” A Incomplete picture
“Challenges” B Lack of experience reporting finance mobilised
Other countries
Reporting purpose
o Full overview of aggregate financial support provided for GST*
*”to the extent possible”“Challenges” C Inconsistent information
4. 4 Climate Change Expert Group
Potential ways forward (1/4)
Building flexibility in the reporting modalities to allow
“other Parties” reporting, while acknowledging common
end goal
o Common guidelines ≠ all countries report the same
things
A
5. 5 Climate Change Expert Group
Potential ways forward (2/4)
Revising existing CTF table 7(b)
to integrate finance mobilised
through bilateral public
interventions
o Total amount of other
(climate specific) public
contributions
o Total amount of (climate
specific) private finance
mobilised
o Share of private finance
mobilised attributed to
Party’s contribution
(Developed)
Party A
contribution
(Developed)
Party B
contribution
Multilateral
institution
contribution
(Developing)
Party
domestic
expenditure
Private
finance
mobilised by
public
interventions
B
6. 6 Climate Change Expert Group
Potential ways forward (3/4)
Encouraging activity-level
reporting from multilateral
public finance providers to
the UNFCCC
o On public finance provided
o … and private finance
mobilised through
multilateral channels
o 3rd Party quality control
and data harmonisation
o To avoid double-counting
and increase comparability
B
Multilateral
institution
contribution
(Developed)
Party A
contribution
(Developed)
Party B
contribution
(Developing)
Party
domestic
expenditure
Private
finance
mobilised by
public
interventions
C
7. 7 Climate Change Expert Group
Potential ways forward (4/4)
Providing common sources/references/definitions
Creation of an online interface enabling data export for
finance provided and mobilised
o New ‘macro tool’ to be tested for BR3
o User interface building on BR-DI…allowing country-
level searches
C
Biennial Report Data Interface (BR-DI)
8. 8 Climate Change Expert Group
Conclusions
Various options suggested for enhancing reporting of
finance provided and mobilised
Need to bear in mind the dual purpose of enhanced
transparency framework of support
o Provide clarity
o Inform global stocktake
Increased need for comparable information