Domestic Climate Finance Mapping and Planning: Challenges and Opportunities Practitioners workshop held in the margins of COP25 December 6, 2019, Madrid Summary

This document summarizes a practitioners' workshop held on December 6, 2019, in Madrid during COP25. The event, organized by the EU REDD Facility, Climate Policy Initiative (CPI), and UNDP, focused on the tools, methodologies, and challenges associated with mapping and tracking domestic climate finance to support national climate strategies and Paris Agreement objectives.

• Tracking and mapping climate finance is essential for implementing national mitigation and adaptation strategies, aligning domestic spending with climate objectives, and identifying funding gaps to meet Paris Agreement goals. It also supports the Enhanced Transparency Framework, which requires parties to submit biennial transparency reports (BTRs) starting in 2024.
• Several specialized tools exist for climate finance mapping: CPI's domestic climate finance landscapes and the land-use finance tool (LUFT) track the life cycle of flows; Climate Budget Tagging (CBT) classifies expenditures in government budget systems; Climate Public Expenditure and Institutional Reviews (CPEIR) provide qualitative and quantitative analysis of public expenditures; Private Sector Climate Expenditure and Institutional Reviews (PCEIR) review private sector finance at the sector level; and Investment and Financial Flows (I&FF) assessments compare future expenditure scenarios against a baseline.
• Climate finance tracking helps build trust with investors and donors and can facilitate the mobilization of private capital. For example, Kenya used its tracking system to launch its first corporate green bond in 2019, and the DRC has mapped REDD+-related expenditure since 2009 to increase donor accountability.
• Integrating climate objectives into national budgetary processes is critical for effective resource allocation and redirecting investment away from non-aligned activities. Examples include the Ivorian Threshold 21 (T21) model and the EU's Governance Regulation, which requires member states to adapt National Energy and Climate Plans (NECPs) for the 2021-2027 financial framework.
• Practitioners face several systemic challenges in tracking climate finance, including a lack of refined national definitions for climate finance, significant data gaps (particularly regarding off-budget, regional, and private sector data), limited capacity within ministries, and poor inter-ministerial coordination between finance, development, and environment agencies.
• There is a need to simplify climate finance information to increase political buy-in and public accountability. Nepal's 'Citizen Climate Budget' and a similar citizen's version of tracking analysis in Bangladesh are cited as examples of tools that help stakeholders understand the use of public finance for climate change.

APA

Climate Policy Initiative (2019). Domestic Climate Finance Mapping and Planning: Challenges and Opportunities Practitioners workshop held in the margins of COP25 December 6, 2019, Madrid Summary. http://climatepolicyinitiative.org/wp-content/uploads/2019/10/Domestic-Climate-Finance-Mapping-and-Planning-_-Challenges-and-Opportunities-_-Outcome-Brief.pdf

Chicago

Climate Policy Initiative. Domestic Climate Finance Mapping and Planning: Challenges and Opportunities Practitioners workshop held in the margins of COP25 December 6, 2019, Madrid Summary. 2019. http://climatepolicyinitiative.org/wp-content/uploads/2019/10/Domestic-Climate-Finance-Mapping-and-Planning-_-Challenges-and-Opportunities-_-Outcome-Brief.pdf.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=Domestic Climate Finance Mapping and Planning: Challenges and Opportunities Practitioners workshop held in the margins of COP25 December 6, 2019, Madrid Summary |date=6 December 2019 |url=http://climatepolicyinitiative.org/wp-content/uploads/2019/10/Domestic-Climate-Finance-Mapping-and-Planning-_-Challenges-and-Opportunities-_-Outcome-Brief.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2019domestic, author = {{Climate Policy Initiative}}, title = {{Domestic Climate Finance Mapping and Planning: Challenges and Opportunities Practitioners workshop held in the margins of COP25 December 6, 2019, Madrid Summary}}, institution = {Climate Policy Initiative}, year = {2019}, month = dec, url = {http://climatepolicyinitiative.org/wp-content/uploads/2019/10/Domestic-Climate-Finance-Mapping-and-Planning-_-Challenges-and-Opportunities-_-Outcome-Brief.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }