Transcript Negotiation Indices

Climate Change Finance
Sources, Institutions, and Governance
Part 1
2009 ecbi Oxford Fellows
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european capacity building initiative
initiative européenne de renforcement des capacités
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for sustained capacity building in support of international climate change negotiations
pour un renforcement durable des capacités en appui aux négociations internationales
sur les changements climatiques
IV. Enhanced action on financing, technology and capacitybuilding : p.146
A. Enhanced action on the provision of financial resources and investment
1. Objectives, scope and guiding principles: p.147
2. Generation/Provision of financial resources: p. 154
3. Institutional arrangements, including funds/Institutional Structure: p.158
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Notes on sources for
FCCC/AWGLCA/2009/INF.1
Part II
Guiding Principles
• The COP, as the supreme body of the Convention, shall exercise its
authority over and provide guidance to the financial mechanism, and
shall decide on its operation, and on the policies, programme priorities
and eligibility criteria for financing purposes.
• The level of developing country action is dependent on the level of
financial support.
• The financial regime has to guarantee distributive justice and thematic
balance.
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• The UNFCCC provides the framework for the negotiations.
Sourcing
Who should contribute?
What should they contribute?
How much?
Consolidated versus Fragmented Funding
Private/Market versus Public Sector Funding
Proposed types of sources
• Assessed Contributions (inter alia: Mexican
Proposal)
• Carbon Market Contributions (inter alia:
Norwegian Proposal)
• Other Proposals (inter alia: LDC Group and
Swiss Proposals)
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End of Part 1
Disbursement
• What should be covered?
• How should disbursement be carried
out?
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• Who should get funding?
Funds
• Multilateral Climate Technology Fund
• REDD-plus
• Impacts of Response Measures
• Global Feed-in-tariff Programme
• Risk Management Mechanism
• World Climate Change Fund
• Multilateral Fund for Climate Change
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• AOSIS Adaptation Fund
The Reformed Financial Mechanism (RFM)
Key Design Principles
COP Authority
Operating Entity
Executive Board
Expert Advisory Panel(s)
(as required)
Administrative Services
(e.g. at UNFCCC Secretariat)
RFM Trustee
Thematic Assessment Units
(one per disbursement window)
Internal Audit
Secretariat Services
International Level
Domestic Level
Designated Funding Entities
Direct
Access
Funded Activities
Legend:
Governance Relation (‘under the authority of’)
Contractual Relation (MOU or contract)
Subsidiarity
Independent
Oversight
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UNFCCC Conference of Parties (COP)
External Audit
• What can be deferred to later COP Decisions?
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• What needs to be in the Agreed Copenhagen Outcome?
The Grand Compromise?
UNFCCC COP
National Level
International Level
RFM Executive Board
Reformed GEF
Administrative Services, incl.
Thematic Assessment Units
(UNFCCC Secretariat)
Adaptation Fund
Main Operating Entity
Designated Funding Entity
Funded Activities
Funded Activities
Funded Activities
Legend:
Governance Relation (‘under the authority of’) :
‘Contractual’ Relation (MOU or contract) :
RFM Operating Entity
Disbursement/Certification :
International funding/Coordination:
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RFM Administration