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Climate Change Finance Sources, Institutions, and Governance 2009 ecbi Oxford Fellows

ecbi. european capacity building initiative initiative européenne de renforcement des capacités. Climate Change Finance Sources, Institutions, and Governance 2009 ecbi Oxford Fellows. for sustained capacity building in support of international climate change negotiations

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Climate Change Finance Sources, Institutions, and Governance 2009 ecbi Oxford Fellows

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  1. ecbi european capacity building initiative initiative européenne de renforcement des capacités Climate Change Finance Sources, Institutions, and Governance 2009 ecbi Oxford Fellows 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

  2. Notes on sources for FCCC/AWGLCA/2009/INF.1 Part II IV. Enhanced action on financing, technology and capacity-building : 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

  3. Guiding Principles • The UNFCCC provides the framework for the negotiations. • 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

  4. 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) Sourcing

  5. Disbursement • Who should get funding? • What should be covered? • How should disbursement be carried out?

  6. Funds • AOSIS Adaptation Fund • 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

  7. Funded Activities The Reformed Financial Mechanism (RFM) Key Design Principles UNFCCC Conference of Parties (COP) External Audit COP Authority Operating Entity Subsidiarity Executive Board Expert Advisory Panel(s) (as required) Independent Oversight 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 Legend: Governance Relation (‘under the authority of’) Contractual Relation (MOU or contract)

  8. What needs to be in the Agreed Copenhagen Outcome? What can be deferred to later COP Decisions?

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