CFAS GUIDE

The document outlines the first Biennial Assessment (BA) of climate finance flows, highlighting the critical need for an internationally agreed-upon definition of 'climate finance' to ensure transparency and track progress toward the 2 degree Celsius target. It identifies significant data gaps in energy efficiency and private sector flows, and recommends that the COP strengthen measurement, reporting, and verification (MRV) systems to improve the comparability of global finance data.

• The lack of an internationally agreed-upon definition for 'climate finance' and related terms like 'mobilised' hinders the ability to assess the outcome of international negotiations, track progress toward the 2 degree Celsius target, and verify if developed countries are meeting their commitment to mobilise US$ 100 billion per year by 2020.
• The Standing Committee on Finance (SCF) proposes a core definition of climate finance as that which "aims at reducing emissions, and enhancing sinks of greenhouse gases and aims at reducing vulnerability of, and maintaining and increasing the resilience of human and ecological systems to negative climate change impacts."
• Global total climate finance estimates show a substantial range, with the first BA estimating total flows between ±340 and 650 billion, while flows from developed countries to developing countries are estimated between ±40 and 175 billion.
• Significant data gaps exist regarding energy efficiency investments, private sector flows, household expenditures, and finance from non-CO2 source greenhouse gases, as well as a lack of long-term data on adaptation finance in developing and developed countries.
• The SCF recommends that the COP improve guidelines for reporting climate finance, support developing countries in improving institutional monitoring systems, and collaborate with international financial institutions to harmonise reporting methodologies.

APA

Grüning, C., & Kaloga, A. (2014). CFAS GUIDE. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2014/12/CFAS-Biennial-assessment-Digital-Final.pdf

Chicago

Grüning, Christine, and Alpha Kaloga. CFAS GUIDE. Climate and Development Knowledge Network, 2014. http://cdkn.org/wp-content/uploads/2014/12/CFAS-Biennial-assessment-Digital-Final.pdf.

Wikipedia

{{cite report |last1=Grüning |first1=Christine |last2=Kaloga |first2=Alpha |title=CFAS GUIDE |publisher=Climate and Development Knowledge Network |date=December 2014 |url=http://cdkn.org/wp-content/uploads/2014/12/CFAS-Biennial-assessment-Digital-Final.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{grning2014cfas, author = {Grüning, Christine and Kaloga, Alpha}, title = {{CFAS GUIDE}}, institution = {Climate and Development Knowledge Network}, year = {2014}, month = dec, url = {http://cdkn.org/wp-content/uploads/2014/12/CFAS-Biennial-assessment-Digital-Final.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }