Current issues in international climate financing
13:00 - 14:30
International climate financing has emerged as a major topic in the negotiations of a global climate agreement between developed and developing countries. The Copenhagen Accord includes both a shorter term Fast Start fund of $30 billion for the period to 2012 and sets a target of $100 billion for 2020. This presentation will examine the main components of this financing challenge from a policy, financial and institutional perspective. The presentation will cover the potential role of different funding sources and the relationship between policy framework and financing sources and instruments. It will refer to the practical experience of the European Bank for Reconstruction and Development in scaling up climate financing to illustrate concrete implications of policy on carbon emission reduction projects with a focus on climate change mitigation.
This seminar has been jointly organized by FEEM and ICCG.