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A source of needs flows and strategies for regions can be sourced from the COP23 and COP27 mandated (LTF) project

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Linkages to other constituted bodies essential

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Linkages to other constituted bodies essential

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The work of the PCCB can and is willing to also contribute to the consultative process of the NCQG, considering the signifiicant capacity needs of developing countries.

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Current adaptation finance flows to Africa are insufficient to meet growing adaptation needs on the continent. This report provides an overview of existing adaptation finance flows in Africa and identifies opportunities to increase the volume and efficacy of that finance. The core objectives of this report are to:

Assess the state of adaptation finance and risk-finance mechanisms already available and in use in Africa.

Analyze African financial market readiness for climate adaptation finance and risk finance mechanisms.

Identify gaps where climate risk exists yet there is insufficient finance to address it, as well as the barriers to implementation.

Propose solutions to increase the volume and variety of capital available for adaptation finance and risk transfer mechanisms in Africa and to enable pipelines for adaptation and dual benefits projects in the region.

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Financial Innovation for Climate Adaptation in Africa - Global Center on Adaptation

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Current adaptation finance flows to Africa are insufficient to meet growing adaptation needs on the continent. This report provides an overview of existing adaptation finance flows in Africa and identifies opportunities to increase the volume and efficacy of that finance.

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Outside of UNFCCC: many initiatives from the private sector to "align" to the PA

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Outside of UNFCCC: many initiatives from the private sector to "align" to the PA

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Work initiated under the UNGA on a Multi-dimensional Vulnerability Index (MVI).

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Standing Committee on Finance work on definitions of climate finance and mapping of information on 2.1c

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Standing Committee on Finance work on definitions of climate finance and mapping of information on 2.1c

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Discussion on ambition to deliver the 1.5degrees target, Global Goal on Adaptation, Actions to finance Loss and Damage, delivery of the $100 billion and the Global Stocktake 

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Discussion on ambition to deliver the 1.5degrees target, Global Goal on Adaptation, Actions to finance Loss and Damage, delivery of the $100 billion and the Global Stocktake 

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Adaptation and mitigation need bespoke approaches and therefore discussions on considering the NCQG

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Adaptation and mitigation need bespoke approaches and therefore discussions on considering the NCQG

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Finance and investment needs are very different for addressing mitigation and adaptation action, much less the type of financing and investment that is required ex-post to address limits to adaptation and loss and damage. The technical discussions should break down these differences and address them separately.

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Address how to ensure that flows under Art.2.1c (still to be defined), respond to the finance and investment needs of developing countries

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Address how to ensure that flows under Art.2.1c (still to be defined), respond to the finance and investment needs of developing countries

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Definition is important; also relevant to clearly explain where Art. 9 fits in these flows.

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Funding is needed to address data gaps on needs and flows in developing countries

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Funding is needed to address data gaps on needs and flows in developing countries

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There are gaps in the data available to assess and express needs in vulnerable regions, including SIDS and LDCs.

Consider directing financial flows to address these capacity needs.

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Important to consider needs that have been assessed by developing countries themselves included in NDCs, TNAs and etc...

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Important to consider needs that have been assessed by developing countries themselves included in NDCs, TNAs and etc...

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Consider what methodologies and sources would be acceptable to all?

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Consider what methodologies and sources would be acceptable to all?

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Many sources of data and information - including needs assessment of the SCF. 

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Many sources of data and information - including needs assessment of the SCF. 

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The problem is how to aggregate it and make sense of it.

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Availability and predictability of finance

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Availability and predictability of finance

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NCQG should include framework/process to address the issue of accessibility to climate finance.

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Work needed on the definition and scope of the flows mentioned in Art 2.1c

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Work needed on the definition and scope of the flows mentioned in Art 2.1c