Climate finance negotiations at COP19 in Warsaw

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The document outlines the state of climate finance negotiations leading up to COP19, focusing on the mobilization of US$100 billion per year by 2020 and the operationalization of the Green Climate Fund. It details the work of the Standing Committee on Finance, the challenges facing the Adaptation Fund due to falling carbon prices, and the need for 'enabling environments' in both developed and developing countries to attract and deploy investment. The guide emphasizes that providing financial assurance to developing countries is critical for securing their commitment to a new global climate agreement in 2015.

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  • The Work Programme on Long-Term Finance aims to mobilize US$100 billion per year by 2020 to support mitigation and adaptation in developing countries, but progress is hindered by annual budgeting processes that require parliamentary approval in developed nations.
  • Effective deployment of climate finance requires 'enabling environments' in both developed countries (push factors, such as phasing out fossil fuel subsidies) and developing countries (pull factors, such as high fiduciary and transparency standards).
  • The Standing Committee on Finance has struggled to agree on consolidated guidelines for the Fifth Review of the UNFCCC financial mechanism due to diverging views between developing countries, who want a comprehensive review, and developed countries, who prefer to streamline existing guidelines.
  • The Green Climate Fund is moving toward operation, having signed a host country agreement with the Republic of Korea in August 2013 and appointed Ms. Héla Cheikhrouhou as Executive Director, though an independent secretariat had not yet been established as of November 2013.
  • The Adaptation Fund is facing a severe financial crisis because revenues from the 2% levy on Certified Emission Reductions dropped from US$100 million in 2010 to US$18 million in 2012, with forecasts estimating only US$8 million in revenue for 2013–2020 at current market prices.

Cite the original document

APA
Kaloga, A. O., & Grießhaber, L. (2013). Climate finance negotiations at COP19 in Warsaw. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2013/11/CDKN-Guide-for-Climate-Finance-for-COP19-web-final.pdf
Chicago
Kaloga, Alpha Oumar, and Linde Grießhaber. Climate finance negotiations at COP19 in Warsaw. Climate and Development Knowledge Network, 2013. http://cdkn.org/wp-content/uploads/2013/11/CDKN-Guide-for-Climate-Finance-for-COP19-web-final.pdf.
Wikipedia
{{cite report |last1=Kaloga |first1=Alpha Oumar |last2=Grießhaber |first2=Linde |title=Climate finance negotiations at COP19 in Warsaw |publisher=Climate and Development Knowledge Network |date=November 2013 |url=http://cdkn.org/wp-content/uploads/2013/11/CDKN-Guide-for-Climate-Finance-for-COP19-web-final.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{kaloga2013climate, author = {Kaloga, Alpha Oumar and Grießhaber, Linde}, title = {{Climate finance negotiations at COP19 in Warsaw}}, institution = {Climate and Development Knowledge Network}, year = {2013}, month = nov, url = {http://cdkn.org/wp-content/uploads/2013/11/CDKN-Guide-for-Climate-Finance-for-COP19-web-final.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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