A relatively unheralded workshop on long-term climate finance kicks off in Bonn today under the auspices of the United Nations Framework Convention on Climate Change (UNFCCC).
The three-day event in the former German capital aims to “facilitate technical and analytical” debate on scaling up the mobilization of climate change finance after 2012.
Around 180 representatives from governments, financial institutions, the private sector, civil society and academia are set to attend. The event has its own Twitter hashtag: #LTFChat
It features various sessions discussing the interaction between the international finance and the climate change challenge in the context of long‐term finance.
Among the speakers is Erik Jan Stork, Senior Sustainability Specialist at APG Asset Management who is also part of the Institutional Investors Group on Climate Change (IIGCC).He will participate in a session on the options for mobilising climate finance, which will look at carbon markets and the policies and instruments to leverage private flows. The workshop’s featured speakers include Professor Jeffrey Sachs of the Earth Institute and representatives from the African Development Bank, the Organisation for Economic Co‐operation and Development and the European Bank for Reconstruction and Development (EBRD).
One session focuses on the financial resources required to address climate challenge in the longer term in developing countries. Another looks at the sources of climate finance. The UNFCCC’s long-term finance programme is co-chaired by Georg Børsting, Policy Director at the Norwegian Ministry of Foreign Affairs, and Zaheer Fakir, Acting Deputy Director-General at South Africa’s Department of Environmental Affairs.
A second workshop will take place in September at a time and place to be announced. Link