|Legal notice | Search | Contact|
|EUROPA > Economic Policy Committee > Working groups|
Joint EFC-EPC Working Group on the International Financial Aspects of Climate Change
The purpose of this Working Group is to bring together expertise on international climate finance and consider practical solutions to outstanding issues in this area in preparation for the COP 17 in Durban in December 2011.
Against the backdrop of decisions made by the UNFCCC Conference of the Parties in Cancun (COP16), the Working Group should focus on issues related to the mobilization of long-term finance for climate change actions in developing countries, notably potential sources of international climate finance, in line with the December 2010 mandate from the ECOFIN Council for follow-up work on the UN Secretary General's AGF report.
A contribution from the Group is expected on the three main areas noted below to prepare ECOFIN meetings in advance of the UNFCCC sessional meetings.
Potential sources of climate finance
Fast start finance
In addition, the group should maintain the flexibility to address other issues of relevance to finance ministers in the international negotiations, as appropriate.
The Working Group will consist of 2 reimbursed experts per Member State. Delegations are encouraged to nominate senior officials and climate experts from finance or economics ministries.
|Last update: 21 December 2011 |Top|