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Second Meeting of Experts on Long-term Finance (LTF)

19-20 August 2013 | Bonn, Germany

Daily web coverage (click on the following links to see our daily web pages)
Summary Highlights of the Meeting
UNFCCCTuesday, 20 August 2013

The Second Meeting of Experts on Long-term Finance convened for its second and last day on Tuesday 20 August 2013, in Bonn, Germany.

After hearing an overview of this second day by the Co‐Chairs, participants engaged in the third plenary session of the meeting, which focused on parameters for identifying pathways for mobilizing scaled‐up climate finance. Three presentations by keynote speakers representing developed and developing countries, as well as civil society, were followed by an informal and interactive segment with participants. Two break-out groups then convened to discuss the issue in more detail. In the afternoon, participants heard a report of the break‐out groups held throughout the meeting, which was followed by a closing plenary that consisted of a summary delivered by the LTF Co-Chairs.

Following this meeting, a final wrap-up event is expected to take place in Incheon, Republic of Korea, in September, which will be followed by the submission of a report by the LTF Co-Chairs on the outcomes of the extended work programme at COP 19 in Warsaw, Poland, in November 2013. This report will inform the ministerial dialogue on finance at COP 19.


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Visit the full ENB coverage for Tuesday, 20 August 2013

L-R: Mark Storey, LTF Co-Chair, Sweden; Christiana Figueres, Executive Secretary, UNFCCC; and
Naderev Saño
, LTF Co-Chair, the Philippines, at the close of the Second Metting of Experts on LTF
 
Session 3: Parameters for identifying pathways for mobilizing scaled-up climate finance
 
L-R: Nick Robins, HSBC; Robert Douglas, UK; Mark Storey, LTF Co-Chair, Sweden; Naderev Saño,
LTF Co-Chair, the Philippines; Donald Singue Tanko, UNFCCC Secretariat; and Isabel Cavelier, Colombia
 
Robert Douglas, UK
 
Isabel Cavelier, Colombia
 
Nick Robins, HSBC
 
Isabel Cavelier, Colombia, presented on pathways to scaling-up climate finance
 
Gemma O'Reilly, Ireland
Malaya Zumel, the Netherlands
Laetitia De Marez, Nauru
 
LTF participants
 
Jan-Willem van de Ven, European Bank for Reconstruction and Development
David Falconi, Ecuador
Jan Kowalzig, Oxfam
 
Reporting of breakout groups and plenary discussions
 
L-R: Christiana Figueres, Executive Secretary, UNFCCC; Mark Storey, LTF Co-Chair, Sweden; Naderev Saño, LTF
Co-Chair, the Philippines; and Yolando Velasco, UNFCCC
 
Closing Plenary
 
Naderev Saño, LTF Co-Chair, the
Philippines
Christiana Figueres, Executive Secretary,
UNFCCC
Mark Storey, LTF Co-Chair, Sweden
 
Christiana Figueres, Executive Secretary, UNFCCC, (center) with participants from Latin America and IISD RS
 

Monday, 19 August 2013

The Second Meeting of Experts on Long-term Finance opened at the Wissenschaftzentrum, in Bonn, Germany, on Monday 19 August 2013. The meeting is part of the work programme on long-term finance (LTF) that originated in 2011, at the 17th session of the Conference of the Parties (COP 17).

The aim of the LTF work programme was to contribute to ongoing efforts to scale up the mobilization of climate change finance after 2012. Thus, it analyzed options for mobilizing resources from a wide variety of sources, such as public, private, bilateral, multilateral and alternative sources, and undertook analytical work on climate-related financing needs of developing countries for adaptation and mitigation.
At COP 18 in Doha, Qatar, UNFCCC parties agreed to extend the work programme on LTF with the twin aims of informing: developed country parties in their efforts to identify pathways for mobilizing scaled-up climate finance to US$100 billion per year by 2020; and parties in enhancing their enabling environments and policy frameworks to facilitate the mobilization and effective deployment of climate finance in developing countries.

On the first day of this two-day event, participants engaged in two thematic sessions, each commencing in plenary with presenters and discussants, followed by informal breakout sessions, to consider: enabling environments and policy frameworks for effective deployment of climate finance; and public policy and financial instruments that facilitate the mobilization of climate finance for mitigation and adaptation activities in developing countries.

The first plenary session on enabling environments took a case studies approach to discuss the factors that determine effective deployment at country and programme levels. The second plenary session explored the types of enabling environments, policy frameworks and mechanisms that can attract financial flows from international and domestic sources of finance for low-carbon and climate-resilient project development in developing countries.

Download the IISD RS summary report from this meeting in HTML or PDF format

Visit the full ENB coverage for Monday, 19 August 2013

 
View of the opening plenary session of the Second Meeting of Experts on Long-term Finance (LTF)
 
L-R: Marenglen Gjonaj, UNFCCC Secretariat; Mark Storey, LTF Co-Chair, Sweden; Naderev Saño, LTF
Co-Chair, the Philippines; and Yolando Velasco, UNFCCC Secretariat
 
Session 1: Enabling environments and policy frameworks for effective deployment of climate finance
 
Selwin Hart, Caribbean Development Bank
Amal-Lee Amin, Third Generation Environmentalism (E3G)
Mafalda Duarte, African Development Bank
 
LTF participants
 
Richard Sherman, South Africa
Berverly Best, Secretariat of the
Organization of Eastern Caribbean States
Mohamed Nasr, Egypt
 
Session 2: Public policy and financial instruments that facilitate the mobilization of climate finance for mitigation
and adaptation activities in developing countries
 
L-R: Abyd Karmali, Bank of America Merrill Lynch; Barbara Buchner, Climate Policy Initiative; Mark Storey, LTF Co-Chair, Sweden;
Naderev Saño
, LTF Co-Chair, the Philippines; Michael Schneider, Deutsche Bank; and Derek Gibbs, Barbados
 
Derek Gibbs, Barbados
Barbara Buchner, Climate Policy Initiative
Abyd Karmali, Bank of America Merrill Lynch
 
L-R: Robin Smith, Alice Bisiaux, Mihaela Secrieru, and Franz Dejon,
IISD Reporting Services LTF team
 
 
Daily web coverage (click on the following links to see our daily web pages)
Related Links
UNFCCC resources

*UNFCCC extended work programme on LTF

*UNFCCC Finance Portal

*UNFCCC background paper on the extended work programme on LTF

*Background information: the work programme on LTF

*UNFCCC webinars on the extended work programme on LTF



IISD RS resources

*IISD RS coverage of the First Meeting of Experts on LTF, 16-17 July 2013, Makati City, Philippines

*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 LTF, 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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