Transformative Climate Finance: Shifting Financial Flows and Private Sector Mobilisation

The goals of the Paris Climate Agreement can only be achieved with a redirection of global financial flows and the mobilisation of private capital, especially also in emerging and developing countries. The project contributes to the transformation of financial systems in ODA countries in line with the goals of the Paris Climate Agreement as per Art. 2.1c and to the mobilisation of private climate finance in the context of the 100 billion dollar target.

Project data

IKI funding
3,000,000.00 €
Duration
09/2022 till 02/2026
Status
open
Implementing organisation
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
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State of implementation/results

  • Organization of a side event in collaboration with the United Nations Conference on Trade and Development (UNCTAD) and the Energy and Resources Institute (TERI) – "Options for Scaling Climate Finance – Exploring Article 2.1c, the NCQG, and JETPs" – during the UNFCCC intersessional climate negotiations in Bonn (June 2023), as well as the development of regional inputs for the second workshop of the Sharm el-Sheikh Dialogue on Article 2.1c of the Paris Agreement (October 2023, Geneva).
  • Publication of the policy paper: Implementation of Article 2.1(c) of the Paris Agreement in the Asia-Pacific region (November 2023).
  • Publication of the policy paper: Perspectives from countries in the Latin America and the Caribbean (LAC) region on Article 2.1(c) (November 2023).
  • Presentation of the policy papers on Article 2.1c at the GIZ webinar "Regional practices related to Article 2.1(c) of the Paris Agreement from the LAC and Asia-Pacific" on November 6, 2023, with Leonard Schmidt (United Nations Framework Convention on Climate Change - UNFCCC) and Charlene Watson (Overseas Development Institute - ODI), among others.
  • Organization of a side event at the Berlin Energy Transition Dialogue (March 2024) on the topic "Scaling Investments to Triple Global Clean Energy," featuring, among others, Berthold Goeke (BMWK), Dr. Hubert Danso (Africa Investor Group), and Cecilia Tam (International Energy Agency).

Latest Update:
01/2025

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