09.05.2012

Climate Change Conference in Bonn

The Federal Ministries for the Environment, Nature Conservation and Nuclear Safety (BMU) and for Economic Cooperation and Development (BMZ) host a common side event:

"Making Climate Finance Work: Perspectives from Different Actors"

Germany pursues a double-tired approach combining negotiations with bottom-up action. The event attempts to shed light on the evolving climate finance architecture (e.g. Green Climate Fund, GCF) and assesses experiences made by selected countries. 

Parties are confronted with an increasing variety of international climate finance mechanisms and funding sources, each with its specific purposes and requirements for access and spending. Among others, countries need to take action to prepare for the GCF. During the upcoming side event, we will discuss perspectives from different parties and actors regarding the requirements and experiences in making climate finance work and achieve transformational and sustainable change.

Time: Wednesday, 16 May 2012, 1:15 - 2:45 pm
Location: METRO (MoT)

Agenda of the side event (PDF  293 KB)

Furthermore, the BMU organises for the third time a workshop for ICI projects, which develop low carbon development strategies (LCDS), nationally appropriate mitigation actions (NAMAs) or systems for monitoring, reporting and verification (MRV) of climate protection activities. This meeting concentrates on the question, how to move from the phase of planning and strategy development to the implementation and how to address the challenges involved with this as early as possible.

How the ICI contributes to the negotiation process

The projects of the International Climate Initiative (ICI) support the negotiation process manifoldly. They demonstrate that climate protection and adaptation to climate change are technically feasible and economically viable. The projects enhance innovations that are crucial steps to a resilient and low carbon economy. They show how international climate protection accords can be implemented in practice. For example, they develop methods for measuring, reporting and verifying (MRV) climate protection measures, develop concepts for ecosystem-based adaptation and address a future mechanism for reducing emissions from deforestation and forest degradation (REDD+).

Moreover, several projects are directly linked to the preparation process of the Conference of the Parties. They give targeted support to partner countries in form of negotiations training and networking measures, and they help develop national and regional positions.

The ICI itself demonstrates how climate protection can be financed and represents an important part of the German ‘fast start’ contribution.