Friday, 5 June 2020

How UNFCCC In Virtual Event Explains Effective Delivery of Need-based Climate Finance

United Nations Climate Change (UNFCCC) | 4 returns
2020 is projected to be one of the warmest years recorded, putting greater pressure on countries for climate action. The current health and economic crisis caused by COVID-19 exacerbates existing vulnerabilities driving up the cost of climate action. Delivery of climate finance is ever so important to address climate-related needs and priorities and help countries to recover sustainably.

A growing number of developing countries are increasing their efforts to identify climate finance needs and devise appropriate strategies. In relation to these efforts, international climate finance is currently being channelled through multilateral and bilateral agencies and dedicated multilateral climate funds, however, access to climate finance remains a formidable challenge for many countries. Specifically, countries express the need to make access to international climate funds simpler and more efficient, and the financial and technical support of the funds to be aligned with the needs identified by developing countries. These remain critical to transforming the country and regional climate plans into projects.
The objective of the event is to share ongoing efforts and experiences on enhancing developing countries access to international climate funds and strengthen the alignment, mobilization and delivery of support to the identified needs and priorities of developing countries. It is part of the June Momentum on Climate Change events that demonstrate the commitment to deliver climate action and ambition in 2020.
Panel and Agenda
Welcoming remarks
·         Patricia Espinosa, Executive Secretary
Introduction by moderator
·         Ms Amal Lee Amin, CDC Group
High- level remarks
·         H.E. Yasmine Fouad, Minister of Environment, Egypt
·         H.E. Jochen Flasbarth, State Secretary, BMU, Germany
Interactive panel discussion
·         H.E. Carlos Manuel Rodríguez, Minister of Environment and Energy, Costa Rica
·         H.E Hussain Rasheed Hassan, Minister of Environment, Republic of Maldives
·         Ms. Naoko Ishii, CEO, GEF
·         Mr. Javier Manzanares, Deputy Executive Director, GCF
·         Mr. Mikko Ollikainen, Manager, AFB secretariat
·         Mr. Rémy Rioux, CEO, AFD & Chairman IDFC
·         Mr. Josué Tanaka, Managing Director, EBRD
·         Mr. Eric Usher, Head, UNEP FI
·         Mr. Vel Gnanendran, Director, Climate and Environment, DFID
Open discussion between the panel and the audience
Depapriya Roy
Tracey Lue
Hyunwoo Kim

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