1. Climate finance: global perspective
UNFCCC secretariat
Marcelo Jordan

2. Evolution Paris 2015 ADP Durban, 2011: 2015 is THE year GCF AF GEF
UNFCCC 1992
Kyoto Protocol 1997→2005
Montreal, 2005 Dialogue
Bali, 2007:
AWG-KP
AWG-LCA
Cancun Agreements
2010
Durban, 2011:
ADP
Paris 2015
2015 is THE year
GCF AF
GEF

3. Emerging understandings on the 2015 Agreement
Presentation title
Background
ADP ( )
Decision 1/CP.17
To deliver a protocol, another legal instrument or an agreed outcome with legal force under the Convention applicable to all.
To be adopted in 2015 (Paris, COP 21); to come into effect from 2020
The work of this body covers two workstreams:
Workstream 1 focuses on delivering an agreement in 2015
Workstream 2 on enhancing mitigation ambition/action between now and 2020
ADP 1, May 2012: agenda and bureau arrangements
ADP 1.2, Doha: work plan, incl consideration of elements of the agreement in 2014
ADP 2.3, Warsaw:
End conceptual discussion and initiate elaboration of elements of the agreement
Initiate or intensify preparations for INDCs
Intensification of WS2: TEMs
ADP 2.4, March 2014: Landscape of issues
ADP 2.5, June 2014: Non-paper
ADP 2.7, Lima: Lima Call for Climate Action
March 2015: Official Negotiating Text
Upcoming sessions: June, August, October
Emerging understandings on the 2015 Agreement
COP21 to adopt a “Paris Agreement” – a ratifiable legal instrument under the Convention
Outcome to be durable and built to last
Operational goal of the Agreement: to limit warming to below 2oC
Agreement to be comprehensive in scope, addressing all of the elements of the Durban mandate
Agreement to be universal.

5. Technical Examination Process and Technical Expert Meetings
Relevant climate finance related activities in 2015 under the UNFCCC
Long term finance
Strategies and approaches for scaling up climate finance from 2014 to 2020;
In-session workshops – 2015 to focus on adaptation finance, enabling environments and readiness, and needs for support to developing countries.
Technical Examination Process and Technical Expert Meetings
Discuss ways and options to enhance collaboration and synergies in implementing mitigation policies on the ground;
Identify ways to transform technical mitigation opportunities into feasible policy options and practical reality by 2020 through increased international cooperation and coordination;
2015 TEMs to focus on renewable energy and energy efficiency in urban environments.

6. Technical Examination Process and Technical Expert Meetings
Relevance of national development banks in this context
Long term finance
NDBs have the potential for catalytic role in fostering enabling environments and readiness for climate finance in developing countries;
NDBs may provide useful insights into the needs for support in developing countries;
NDBs have the potential for leveraging significant amounts of climate finance from a range of sources and through a variety of financial structures and instruments;
Technical Examination Process and Technical Expert Meetings
NDBs can bring concrete replicable and scalable experiences on renewable energy and energy efficiency in urban environments;
NDBs can speed up the readiness and capacity of developing countries to undertake these type of projects.
Additional comments
Prompt and expanded engagement with climate funds or climate financial mechanisms;
Active and expanded engagement in the context of the UNFCCC process and its climate finance activities

7. Contact: Marcelo Jordan mjordan@unfccc.int
Thank you
Contact: Marcelo Jordan