Environment in emerging and transition economies

Expert Workshop on International Climate Finance for the Countries of Eastern Europe, the Caucasus and Central Asia

 

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Finance is a crucial enabler for an effective and progressive global response to the urgent threat of climate change. A recent analysis carried out under the project “International Climate Finance for Eastern Europe, the Caucasus, and Central Asia (EECCA)” showed that  significant amount of international climate-related development finance was committed to the 11 countries* in the EECCA region  over the period 2013–2014 though the amount of finance committed to each country significantly varies among those countries, and this is so even within the group of countries with similar levels of GDP per capita. The report also showed that scaled-up finance from various sources is needed for all the EECCA countries to accelerate actions to achieve the national and international climate goals.

*Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine and Uzbekistan

 

The first results of the analysis were presented at the Expert Workshop in July 2016 in Paris, that aimed to: 

  • Share and discuss information on the current state of play on climate-related development finance flows to the EECCA countries;
  • Exchange views on challenges to and opportunities for accessing further climate finance from various sources; and 
  • Discuss how the OECD could contribute to the work being done by the countries and their development co-operation partners on strengthening their institutional capacities and policy frameworks to better access and use climate finance over time.

 

This project has been implemented under the GREEN Action Programme  hosted by the OECD with the financial support of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety. The meeting was attended by the delegates from the governments of the EECCA countries, the representatives of their development co-operation partners and the delegates from the OECD countries. 

Meeting documents:

Presentations:

Related documents:

Contact information:

For any questions please contact Takayoshi KATO at Takayoshi.kato@oecd.org.

 

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