UNDP/World Bank Climate Finance Options Platform www.climatefinanceoptions.org.

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Presentation transcript:

UNDP/World Bank Climate Finance Options Platform

Learn about climate financing issues and ideas (Glossary, Library, Links) Research project feasibilty (Tools) and financing (Funding Sources & Tools) Plan a new project (On the Ground, Library) Implement a project and collaborate with other CFO users How the CFO Platform works

CFO Team: Project managers Ari Huhtala (WB) & Marcel Alers (UNDP) with UNDP and WB support staff Initial funding of the Platform combined the resources of UNDP and World Bank for scoping and development Fundraising for permanent, independent CFO Platform home to be coordinated by UNDP & World Bank Supports key result area ‘Catalysing environmental finance: creating conditions that allow markets to provide effective solutions for sustainable development’ The CFO Platform: A joint UNDP/World Bank initiative

Strengthening national and subnational capacities to make informed investment decisions through improved access to climate finance information Enhancing national and subnational capacities to assess and understand climate finance through peer networking and knowledge sharing Strengthening UN and MDB capacities for monitoring and reporting climate finance flows through the development and testing of indicators Establishing a permanent Programme Secretariat to administer and host the Platform Outcomes of the UNDP/WB CFO collaboration

CFO Platform already draws on resources of UNFCCC, UNEP, GEF, UNIDO, World Bank Group, regional MDBs & more UNDP/WB CFO effort is developed in parallel with UNFCCC’s revision of its adaptation funding web interface Spanish, French, Russian, and Arabic language versions of the CFO Platform to be developed with regional partners (universities, MDBs, etc) Coordination with bilateral agencies, UNEP Finance, IUCN, and WBCSD to improve content quality CFO: An example of the UN “delivering as one”

Technology partnerships with contractors (Prognoz) and possible future hosting relationships with larger firms (Google, Microsoft) Financial firms and project developers in both developed and developing countries Municipal, subnational and national governments in developing countries and affiliated civil organisations Developed country NGOs and philanthropic institutions specialising in climate finance Other CFO partnerships

Bilateral agencies and governments, such as partnership with Government of Netherlands’ Fast-Start Finance initiative Web-services and technology firms (Google.org) Financial data services firms (Bloomberg New Energy Finance) Potential opportunities for resource mobilisation

Close coordination with UNFCCC climate finance information initiatives in adaptation funding South-South cooperation with CFO workshops and online collaboration via CFO User Community Information sharing with civil organisations: World Resources Institute, Climate Funds Update, Project Catalyst Translation of hard-to-find climate finance data and information into several languages Archive of best practices and lessons learned in relatively new field of sequenced climate finance Knowledge sharing & capacity building

Since early 2011, over 10,000 visits from 154 countries have viewed CFO Platform content more than 35,000 times CFO attracts new and returning visitors in almost equal amounts (60% new visitors) Of the top ten countries in terms of CFO web traffic, five are developing countries Web traffic patterns and user survey point to weekly use of the CFO for a variety of reasons, including opportunities for peer-to- peer networking on climate finance issues CFO: Measuring the impact

Thank You