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Climate Change Policy & Practice
First Meeting of Experts on Long-term Finance

16-17 July 2013 | Makati City, Philippines
 
Daily highlights (click on the following links to see our daily web pages)
Summary Highlights of the Meeting

UNFCCCWednesday, 17 July 2013

The First Meeting of Experts on Long-term Finance convened from 16-17 July in Manila, the Philippines, to focus on aspects of an extended work programme on long-term finance (LTF). Over three sessions, each consisting of a plenary and two parallel informal ‘breakout’ meetings, participants considered possible pathways for mobilizing scaled-up climate finance, parameters for identifying such pathways, and enabling environments and policy frameworks.

The meeting was part of an extended work programme on long-term finance initiated at the eighteenth meeting of the UNFCCC Conference of the Parties (COP 18). Over forty participants, including one minister from Nicaragua, nine finance and planning representatives, seven from environment ministries and agencies, seven from civil society, and fifteen from international organizations took part. The UNFCCC extended work programme, on mobilizing scaled-up climate finance to US$100 billion per year by 2020, will culminate with an in-session high-level ministerial dialogue during COP 19, which will meet from 11-22 November 2013 in Warsaw, Poland.

At the close of the expert meeting, it was clear that further consideration would be required on pathways, reporting and transparency, a definition of climate finance, and the practical realities and constraints facing developed country parties and their public finances. At the close of the meeting, a series of reports set out outstanding issues, including the need to define climate finance. The meeting received a protest statement from a number of climate justice and debt campaigners who held an action on Tuesday.

1Summary of the meeting in English (in HTML and in PDF format)

1Visit the full ENB coverage for Wednesday, 17 July 2013
Participants to the First Meeting of Experts on Long-term Finance held in Makati City, the Philippines
 
 
Plenary Session
 
   
L-R: Marenglen Gjonaj, UNFCCC Secretariat; Daniel Buckley, UN Development Programme (UNDP); Naderev Saño,
LTF Co-Chair, the Philippines; and Mark Storey, LTF Co-Chair, Sweden
   
 
 
Daniel Buckley, UNDP
Espen Ronneberg, Secretariat of the Pacific Regional Environment Programme (SPREP)
Ina Von Frantzius, Germany
 
L-R: Naderev Saño, LTF Co-Chair, the Philippines, and Mark Storey, LTF Co-Chair, Sweden
 
Harisman Ramadhan, Indonesia
Joyceline Goco, the Philippines
Shafiqur Rahman Patwan, Bangladesh
 
Takashi Hongo, Mitsui Global
Strategic Studies Institute
Roberto Julian, Development
Academy of the Philippines
Pham Hoang Mai, Viet Nam
 
 
Breakout Groups
 
L-R: Chansethea Ma, Ministry of Environment, Cambodia; and
Athena Ronquillo-Ballesteros
, World Resources Institute (WRI)
Breakout session with Athena Ronquillo-Ballesteros, WRI
 
L-R: Stephanie Claire Ockenden, Organisation for
Economic Co-operation and Development; and Edith
Kateme-Kasajja
, Uganda
     
Breakout session with Edith Kateme-Kasajja, Uganda, as discussion
leader
 

Tuesday, 16 July 2013

The First Meeting of Experts on Long-term Finance under the auspices of the UNFCCC Extended Programme of Work opened Tuesday, 16 July, in Makati City, the Philippines. Mary Ann Lucille Sering, Minister and Vice-Chair, Philippines Climate Change Commission, welcomed over 40 participants, including one minister, and nine government representatives from finance and planning ministries, and seven from environment or related agencies. Other participants are representing international organisations, the private sector and civil society.

During the first of two Meetings of Experts on Long-Term Finance that will inform preparations for a high-level dialogue on finance at the nineteenth session of the Conference of the Parties (COP 19), participants gathered in Manila to help inform developed country parties in their efforts to identify pathways for mobilizing scaled-up climate finance to US$100 billion per year by 2020 from public, private and alternative sources in the context of meaningful mitigation actions and transparency on implementation, and to inform Parties enhancing their enabling environments and policy frameworks to facilitate mobilization and deployment of climate finance in developing countries.

Naderev Saño (the Philippines), Co-Chair, Work Programme on Long-term Finance, described climate finance as one of the key building blocks of the UNFCCC, noting a sense of expectation that parties will deliver on this issue. He urged participants to leave their negotiator hats at home and engage in discussions on the key mandates of the work programme. His Co-Chair, Mark Storey (Sweden), underlined calls for a clearer definition of climate finance and pathways to delivery of developed country commitments. The Co-Chairs took delivery of a joint statement delivered by a number of local climate justice and debt campaign organisations.

Participants took part in two plenary sessions, on parameters for identifying pathways for mobilizing scaled-up climate finance, and on public policy and financial instruments that facilitate the mobilization of finance, followed by a series of informal ‘break out’ sessions. The meeting concludes Wednesday 17 July.

1Summary of the meeting in English (in HTML and in PDF format)

1Visit the full ENB coverage for Tuesday, 16 July 2013

 
Naderev Saño, Long-term Finance (LTF)
Co-Chair, the Philippines
H.E. Mary Ann Lucille Sering, Climate
Change Minister and Vice-Chair,
Philippine Climate Change Commission
Mark Storey, Long-term Finance (LTF)
Co-Chair, Sweden
 
L-R: H.E. Mary Ann Lucille Sering, Climate Change Minister and Vice-Chair, Philippine Climate Change Commission; Naderev Saño, LTF Co-Chair, the Philippines; Mark Storey, LTF Co-Chair, Sweden; and Yolando Velasco, UNFCCC Secretariat
 
   
View of the plenary session
   
 
Participants trying the interactive web polling at the meeting
 
Photos from the civil society protest by climate justice and debt campaign organizations
 
L-R: Aaron Pedrosa, Freedom from Debt Coalition, presenting the joint statement of Aksyon Klima
Pilipinas
, Philippine Movement for Climate Justice, and Freedom From Debt Coalition to LTF Co-Chairs
Naderev Saño
, the Philippines, and Mark Storey, Sweden
 
 
 
 
 
 
Related Links
UNFCCC resources

*Draft Programme of the Experts Meeting

*UNFCCC extended work programme on long-term finance

*UNFCCC Finance Portal

*UNFCCC background paper on the extended work programme on long-term finance

*UNFCCC webinars on the extended work programme on Long-term Finance



IISD RS resources

*IISD RS coverage of the Bonn Climate Change Conference - June 2013, 3-14 June 2013, Bonn, Germany

*IISD RS Coverage of Side Events at the Bonn Climate Change Conference - June 2013, 3-13 June 2013, Bonn, Germany

*IISD RS coverage of the Bonn Climate Change Conference - April 2013, 29 April - 3 May 2013, Bonn, Germany

*IISD RS coverage of the Doha Climate Change Conference - November 2012, 26 November - 8 December 2012, Doha, Qatar

*IISD RS coverage of Selected Side Events at the Doha Climate Change Conference - November 2012, 26 November - 7 December 2012, Doha, Qatar

*IISD RS coverage of the Second UNFCCC Workshop on Long-term Finance, 1-3 October 2012, Cape Town, South Africa

*CLIMATE-L - A mailing list for news on climate change policy

*Climate Change Policy & Practice - A Knowledgebase of UN and Intergovernmental Activities Addressing Global Climate Change Policy

*Linkages Update - Bi-weekly international environment and sustainable development news
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