Climate finance: a credibility gap?

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: https://devinit.org/resources/climate...

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