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The workshop will provide representatives from Ministries of Finance and Ministries in charge of Climate Change with an occasion for a cross-cutting discussion on climate finance, and in particular on the nexus between post-2012 finance and global enhanced mitigation efforts and effects. In Durban it was decided to undertake a work programme on long-term finance in 2012, including workshops to progress on long-term finance in the context the decisions taken in Cancun.
These imply that the aim of the work programme is to contribute to the ongoing efforts to scale up the mobilization of climate change finance after 2012 and that the work programme will analyze options for the mobilization of resources from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources and relevant analytical work on climate-related financing needs of developing countries.
In this context the EU needs to develop a strategy on an appropriate outcome of the work programme on climate finance that corresponds to the enhanced level of ambition stipulated by the Durban Platform for Enhanced Action.
The workshop will combine panel discussions on the key issues mentioned above with break-out sessions on issues such as financing meaningful mitigation action, sources of finance, mobilization of private finance and transparency (MRV). The results of the climate workshop will be part of the overall work in the EU on climate finance.
Søren Jakobsen, Ministry of Climate, Energy and Building
Tel: +45 33 92 28 30, email: email@example.com