CFAS Guide

The CFAS Guide outlines the state of climate finance negotiations leading up to COP20 in Lima. It details the progress of the US$100 billion annual mobilization goal, the operationalization of the Green Climate Fund (GCF), and the financial challenges facing the Adaptation Fund. The document also examines the role of the Standing Committee on Finance (SCF) in improving the measurement, reporting, and verification (MRV) of financial flows and the coordination of forest financing. Additionally, it discusses the integration of finance into Intended Nationally Determined Contributions (INDCs) and the elements of the forthcoming 2015 climate agreement.

• Developed countries are committed to a goal of mobilizing US$100 billion per year by 2020 to support mitigation and adaptation in developing countries, with a specific call to channel a "substantial share of public climate funds to adaptation activities".
• The Green Climate Fund (GCF) has approved eight essential requirements for operationalization, including a Guiding Framework for Accreditation and a results management framework. A pledging conference in Berlin in November 2014 yielded US$ 9.3 billion from 22 donors, with an overall expectation of reaching US$ 10 billion by the end of the year.
• The Adaptation Fund is experiencing severe financial constraints due to the collapse of carbon prices; revenues from Certified Emission Reductions fell from US$100 million in 2010 to US$1.8 million in 2013, making the fund heavily dependent on developed country contributions.
• The Standing Committee on Finance (SCF) has developed a tentative definition of climate finance as finance "which aims to reduce emissions and enhance sinks of greenhouse gases and that aims to reduce vulnerability of, and to [maintain/] enhance the resilience of human and ecological systems to climate change impacts."
• There is significant disagreement regarding whether Intended Nationally Determined Contributions (INDCs) should include financial provisions; most developed countries prefer restricting them to mitigation, while some developing countries argue that financial commitments are necessary to unlock ambition.
• The SCF has identified a need to streamline forest financing, which is currently fragmented with a lack of common standards and balanced allocation guidelines, leading to uncoordinated support for REDD-plus implementation.
• The Global Environment Facility (GEF) finalized its sixth replenishment in April 2014 with total donor pledges of US$4.43 billion.

APA

Eckstein, D., Kaloga, A., Mazounie, A., Harmeling, S., Chhetri, R., & Imelda, H. (2014). CFAS Guide. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2014/12/CFAS-GUIDE-to-Climate-Finance-at-COP20.pdf

Chicago

Eckstein, David, Alpha Kaloga, Alix Mazounie, Sven Harmeling, Raju Chhetri, and Henriette Imelda. CFAS Guide. Climate and Development Knowledge Network, 2014. http://cdkn.org/wp-content/uploads/2014/12/CFAS-GUIDE-to-Climate-Finance-at-COP20.pdf.

Wikipedia

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BibTeX

@techreport{eckstein2014cfas, author = {Eckstein, David and Kaloga, Alpha and Mazounie, Alix and Harmeling, Sven and Chhetri, Raju and Imelda, Henriette}, title = {{CFAS Guide}}, institution = {Climate and Development Knowledge Network}, year = {2014}, month = nov, url = {http://cdkn.org/wp-content/uploads/2014/12/CFAS-GUIDE-to-Climate-Finance-at-COP20.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }