This webinar was held to launch a DI report, Climate finance: Earning trust through consistent reporting, which explores problems with current climate finance reporting and recommendations to strengthen transparency and accountability.
At COP 15 in Copenhagen in 2009, developed countries agreed to provide $100 billion in climate finance to developing countries each year. Fifteen years on, there is still no common definition of climate finance, leading to inconsistent reporting, a lack of faith in the headline numbers and a loss of trust in developing countries. As the United Nations Framework Convention on Climate Change (UNFCCC) prepares to adopt a New Collective Quantified Goal on Climate Finance (NCQG) at COP 29 later this year, what should count towards the target? And who decides?
Speakers
• Euan Ritchie, DI Senior Development Finance Policy Advisor
• Illari Aragon, Climate Justice Policy Lead, Christian Aid
• Sandra Guzmán Luna, Founder, Climate Finance Group for Latin America and the Caribbean
• Sunil Acharya, Asia Regional Policy and Campaigns Coordinator, Oxfam
• Colin McQuistan, Head of Climate and Resilience, Practical Action
• Moderator: Adrian Lovett, DI CEO
