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Accelerating Climate Finance Impact to Support the Momentum of Paris

As of: August 2019

Objective and activities

The project aims to establish a multi-year platform that measures flows across the climate finance landscape, and conducts in-depth analysis on the role and effectiveness of public and private actors, providing information in an easily accessible manner. The goal is to ensure policymakers and decision-makers, in donor governments, the development finance community and recipient countries, have the knowledge and tools to understand their specific niches in scaling climate finance, identify opportunities to align flows and instruments for maximum impact and scale, and to take advantage of new sources of finance to achieve their climate finance commitments. It will also serve as a platform to connect the dots by mapping main actors’ financing activities to ultimately understand how public finance can best be targeted to make the Paris Agreement an enduring success.

State of implementation/results

  • Global Climate Finance: an update view 2018 has been published providing an update on 2015 and 2016 climate finance flows and referenced in the UNFCCC 2018 Biennial Assessment and Overview of Climate Finance Flows (climatepolicyinitiative.org/…).
  • At the website there is an interactive summary (www.climatefinancelandscape.org) and a webinar discussing the results (climatepolicyinitiative.org/…)
  • Project outputs were presented at the Climate Finance Day in Paris, France on 28th November 2018.
  • High level event of key policy makers, financial intermediaries and institutions engaged in green, low-emissions finance was held on March 21st and 22nd in Venice Italy where new metrics and frameworks for tracking climate finance and measuring progress were discussed.
  • The project team attended and presented at a workshop on national level climate finance tracking titled ‘Finance flows and investment needs for Energy and Climate Finance landscapes’ held in Berlin on 15th March 2019. The event was organised by I4CE and NewClimate Institute, WiseEuropa; and IKEM, Czech Technical University in Prague (CVUT), and Riga Technical University (RTU) and discussed methodological developments.

Project data

Implementing organisation:
Climate Policy Initiative (CPI)

BMU grant:
€ 1,999,699

Duration:
04/2018 till 12/2020

Website(s):