Environment and development

OECD Workshop with International Financial Institutions (IFIs) on Tracking Climate Finance, 15 February 2013

 

 

OECD Conference Centre

  Paris, 15 February 2013

See the summary record of the Workshop:

Summary of OECD Workshop with IFIs on Tracking Climate Finance, February 2013

 

Welcoming remarks and introduction

Ms Hedwig Riegler, Chair of the OECD DAC Working Party on Development Finance Statistics and

Ms Jan Corfee-Morlot, OECD.

 

2. MDBs’ methodology for tracking development finance with climate co-benefits

The Multilateral Development Banks’ (MDB) representatives  presented the joint approach they have elaborated for tracking mitigation and adaptation finance. The presentation covered the following specific points of interest:

  • Magnitude of overlap between adaptation/mitigation financing;
  • Scope for further disaggregation: reporting by type of financial instruments (e.g. grant/loan/guarantee);
  • Availability of project-level information;
  • Treatment of particular cases, e.g. climate-proofing infrastructure

Presentation by Mafalda Duarte, African Development Bank (AfDB) and Claudio Alatorre, InterAmerican Development Bank (IADB)

 

 

 

3.     Reporting on co-benefits and the Rio marker system:

3a)  Compatibility of the two methods (OECD and MDB joint approach)

The Rio marker system is a methodology originally designed to produce descriptive rather than quantitative data. The current emphasis is on measuring climate finance, which would require a more quantitative method.  This session explored whether the Rio marker system can be refined on the basis of the MDB approach. 

How do the two methods compare? The OECD presentation highlighted the similarities and differences it has identified between the MDB joint approach and the OECD/DAC Rio marker system:

Presentation by Valérie Gaveau, OECD

 

 

KfW and comments by bilateral development finance institution(s):Bilateral development finance institutions shared their views on whether the Rio marker system could be refined in order to produce more quantitative data on DAC members’ climate-change-related aid and other development finance.

Could elements of the MDB approach be integrated in the Rio marker system?  

Presentation by Milena Breisinger, KfW Development Bank

 

 

3b)  Reconciliation of MDB data through the DAC statistics system

 

 

 

 

The OECD described the MDBs’ current reporting to the DAC on both concessional and non-concessional flows and explained how MDB reporting on climate co-benefits in the DAC statistics has allowed the presentation of a more comprehensive picture of climate-related flows from two different perspectives: 

i) developing countries’ receipts (bilateral flows + multilateral outflows);  ii) bilateral donors’ efforts (bilateral contributions + contributions flowing through the multilateral system and “reappropriated” to donors).

Presentation by Julia Benn, OECD

 

 

The World Bank representative explained how information on climate co-benefits can be transmitted in the standard reporting.

Presentation by Philippe Ambrosi, World Bank

 

 

4.  Reporting on contributions to and expenditures from climate investment funds (CIFs) and climate-related GEF financing: 

  • Who reports on what?
  • Classification issues
  • Measurement issues (leveraging, double-counts)

The objective of this session was to advance reflection on some of the challenges involved in the statistical recording of contributions to and expenditures from the climate investment funds and climate-related GEF financing.

 

 

The OECD presented the current status of reporting in DAC statistics for these funds :

Presentation by Julia Benn, OECD

5.  Tracking new and innovative financing mechanisms: non-concessional development finance

  • Guarantees
  • Reimbursable grants
  • Use of climate finance data to report on leveraging

The OECD introduced its work on non-ODA flows and how this can benefit climate finance tracking

Presentation by Cécile Sangaré & Mariana Mirabile, OECD

 

Case study on reimbursable grants: Canada's contribution to the International Financial Corporation/Financial Mechanisms for Climate Change Facility.

Presentation by Maher Mamhikoff, CIDA

 

 

   

 

 

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
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  • Belarus
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  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
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  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China (People’s Republic of)
  • Chinese Taipei
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Côte d'Ivoire
  • Democratic People's Republic of Korea
  • Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
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  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
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  • Estonia
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