Horizon Net Zero Dawn – keynote slides by Ben Abraham
Transparency of support: Tracking financial resources received, by Sara Moarif
1. Climate Change Expert Group www.oecd.org/env/cc/ccxg.htm
Transparency of support:
Tracking financial resources
received
Sara Moarif
CCXG Global Forum on the Environment
15-16 March 2016
2. 2 Climate Change Expert Group
Transparency of financial support
received: outline
Reporting of information under UNFCCC
o Current status
o Relevance
o Challenges
Tracking receipt and use of finance
o Relevance
o Challenges
o Ongoing efforts
Discussion questions
3. 3 Climate Change Expert Group
Information on support received
currently requested under UNFCCC
4. 4 Climate Change Expert Group
This information serves several purposes
within UNFCCC…
Confirming whether funds for climate-relevant activities
are reaching developing countries
Globally, providing a more complete overview of the flow
of climate finance
o Relevant to global stocktake (Art. 14)
o Transparency framework for support to provide clarity on
support received (Art. 13.6)
To inform any assessment of “effectiveness”
o Reporting on support received, including the use, impact
and estimated results thereof (para 94d)
o Global stocktake meant to review adequacy and
effectiveness of support provided for adaptation (Art. 7.14)
5. 5 Climate Change Expert Group
…though it remains difficult to
report…
Limited guidance on how and what to report
Setting up domestic tracking system can be challenging
No connection to domestic tracking systems in place
6. 6 Climate Change Expert Group
…and is ultimately most relevant for
domestic policy making
Improves coordination and management needed for
policy implementation
Provides accountability, i.e. resources are reaching
projects and people as planned, policies being delivered
Assists with securing financial resources
Helps in overall strategic planning, including pushing for
better donor coordination
7. 7 Climate Change Expert Group
Tracking systems are specific to particular
domestic contexts and purposes
Connected to overarching development priorities,
national budgets, existing tracking systems
Covers wider range of activities, e.g. climate co-benefits
Tracking inflows and allocation in budgets
and expenditures
Domestic
public and
private funds
External
public and
private funds
Strategic
priorities
8. 8 Climate Change Expert Group
Main challenges to tracking climate
finance received (1)
Donor coordination, resource
predictability
Lack of dialogue and
coordination between donor
and partner country
Funds not always channelled
to central government, various
actors can be involved
Limited use of national
tracking systems
9. 9 Climate Change Expert Group
Main challenges to tracking climate
finance received (2)
Need to add climate
“indicator” or “marker” to
financial flows and
budget systems
Country-specific
Adapting existing
systems or developing a
new system for
monitoring climate funds
can be resource intensive
Source: Governance of Climate Change
Finance Team (UNDP) (2015), Budgeting
for Climate Change.
10. 10 Climate Change Expert Group
Countries are actively working to
improve their domestic tracking systems
Using a wide variety of tools, as appropriate for a given
country’s situation and priorities
o Climate Public Expenditure and Institutional Review
(CPEIR)
o Climate Budget Tagging (CBT)
Low emission budget tagging and scoring system
(LESS)
Climate expenditure tracking framework (CETF)
o Climate Change Financing Frameworks (CCFF)
o Setting up special climate change funds
Best implemented in the context of broader budget
transparency and management systems
11. 11 Climate Change Expert Group
Discussion questions
How has tracking climate finance inflows helped improve
prioritisation, planning, and the identification of funding
gaps?
What are three main challenges associated with tracking
climate finance inflows, and what options exist to
address them?
12. Climate Change Expert Group www.oecd.org/env/cc/ccxg.htm
Thank you
sara.moarif@oecd.org