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This overview discusses the commitments made at COP 13 regarding Fast Start Finance, totaling $29.91 billion for 2010-2012. It explores the objectives of the Open Climate Network (OCN), including promoting transparency, fostering positive competition, and enhancing engagement among contributor countries. OCN Finance aims to answer inquiries about country pledges and encourage institutions to adopt life-cycle accounting measures. This initiative is designed to improve the effectiveness of climate finance and ensure accountability and impact in addressing climate challenges.
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Fast Start Finance Total 2010-2012 Pledge $29.91 billion
What are our goals? Transparency Positive Competition Enhanced Engagement
OCN Finance • Answer questions about contributor country pledges • Help lay the groundwork for “life-cycle accounting” • Help prompt institutions to consider measures that may improve effectiveness