https://padlet.com/tlue1/BoGSession2TeamElephant Click the + button to add a short comment under the question you wish to respond to. You may sign your contribution with your name and organization. en-us 2022-03-20 19:18:11 UTC 2022-03-24 15:44:39 UTC hello@padlet.com https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111946449 Jan (Oxfam): While the mere existence of the 100bn helped many donor countries to increase their individual climate finance provisions - it being a vague aggregate also ceated problems, e.g. with no clarity what and how to count, leading to criticism re over-estimating climate-relevance or the actual support net value of provided/mobilised funds, lack of balance between mitigation and adaptation, or the high share of loans versus grants.]]> 2022-03-24 14:11:49 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111946449 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111951465 Liane Schalatek (hbs) :In terms of counting, clarity on deliverance in nominal vs. grant equivalent term is important, including going forward, and particularly once you think about the provision of "balanced" finance among the themes.]]> 2022-03-24 14:13:58 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111951465 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111958397 Outi (EU): 100 bn was a political number; it showed that scaling up possible, including through the delivery plan. Public finance was scaled up significantly, but mobilisation of private finance was not.  Highlighted the role of adaptation finance. Need to address the role of carbon pricing and phasing out environmentally harmful subsidies in shifting investments toward climate objectives. Role of finance ministers and ministries is important.


]]> 2022-03-24 14:16:59 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111958397 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111992470 Liane (hbs): need differentiate stronger between various private sector actors and their needs and contributions -- importance of the domestic MSMEs  (driving force of economic development and transformation) and local financial institutions and see them as drivers to also mobilize climate finance through support (such as local currency lending) --NOTE, this has a strong gender and access component.]]> 2022-03-24 14:32:07 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111992470 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111998293 Ralph (EU): With regard to mobilising private finance, one obstacle is the lack of policy signals from the climate regime. The UNFCCC climate regime is not leading in this regard, it seems to be trailing what is already happening outside the UNFCCC. The challenge is for the climate regime is to provide such signals *without* detracting from the ongoing commitment to traditional (public) climate finance from developed to developing countries.

]]> 2022-03-24 14:34:54 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2111998293 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112001151 Liane (hbs) -- transfer of share of proceeds (market mechanism) has an interesting contributing role to play in generating funding from the private sector (as mentioned by Outi also).]]> 2022-03-24 14:36:19 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112001151 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112020494 Jan (Oxfam): Explore the differences between, and their possible anchoring in the NCQG, (a) investment needs (for interventions that can be reasonably expected to generate a return) and (b) support needs (including to mobilise investments, but also for interventions where returns are unlikely to materialise, or where pressing for returns would negatively impact socially just development etc.).]]> 2022-03-24 14:45:24 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112020494 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112031102 Liane (hbs) -- discourses about the principles and qualities of climate finance provision that should undergird discourses  about sectors and quantity --  they include additionality, accessibility, predictability, subsidiarity, people-centered provision (human rights and gender-responsiveness).

]]> 2022-03-24 14:50:36 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112031102 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112034058 Jan (Oxfam): Explore common barriers or drivers for the mobilisation of private finance that are shared by many in ways that they could be addressed through dedicated (qualitative or quantitative) sub-goals of the NCQG (to remove barriers and enhance drivers).]]> 2022-03-24 14:51:56 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112034058 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112040728 2022-03-24 14:55:00 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112040728 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112057150 Liane (hbs) -- on effectiveness, there is a wide of criteria to measure that (even in mitigation it is broader than GHG emissions reductions only); it would be important to have a broader understanding of effectiveness that also takes (bottom up) experiences from beneficiaries into account (= not just contributor country accountability driven).]]> 2022-03-24 15:03:05 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112057150 https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112145479 Outi (EU): mobilisation of private finance, incl. climate finance is driven by the perception of risk & return. So it is important to address these two factors. Enabling environment is a key. Policy coherence is important. 2050 net zero targets need to be accompanied by credible short and mid-term policy measures (e.g. phasing out coal & fossil fuel subsidies).  ]]> 2022-03-24 15:44:39 UTC https://padlet.com/tlue1/BoGSession2TeamElephant/wish/2112145479