Transparency of finance received - experience from Brazil&#x27;s BUR, Felipe Ferreira CCXG GF September 2016 Breakout E

Transparency of finance received - experience from Brazil's BUR by Felipe Ferreira CCXG GF September 2016 Breakout E

Meio ambiente

Transparency of finance received
– experience from Brazil’s BUR
Felipe Ferreira, Division of Climate Change, Ministry of Foreign Affairs, Brazil
OECD Climate Change Expert Group (CCXG)
Global Forum on the Environment and Climate Change
13-14 September 2016

(Some) Challenges
 Lack of definition for “climate change finance”
 Use of different criteria by financing institutions and donors
 Information is dispersed among international and national institutions
 UNFCCC information tends to be on aggregated level
 Access to information

How to improve?
 Strive for comparability on information about support given and
received
 Full use of UNFCCC’s common tabular formats
 Harmonize MDB’s climate finance reporting
 Improve existing guidance under the UNFCCC
 Make it a conversation, not a monologue
 Strengthen institutional arrangements on national level
 GEF’s CBIT for action and support can enhance in-house capacities
 Enhance use of performance-based modalities of support

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