Day 1: 36th Standing Committee on Finance Meeting

Summary

The 36th Standing Committee on Finance Meeting organized by UN Climate Change focused on setting the groundwork for upcoming tasks in climate finance and fostering stronger engagements with stakeholders. Key discussions revolved around the nomination of co-chairs, election of officers, and addressing operational and strategic initiatives related to climate finance. The meeting also considered the new mandates of the NCQG and the integration of Article 2.1c and Article 4.5 of the Paris Agreement in its ongoing and future initiatives. The members emphasized preparation and reflection time necessary to enhance strategic outputs and communication strategies ahead of critical milestones. The discussion highlighted the importance of adaptation, technology, and enhancing clarity in climate finance for broader impact and accessibility.

Highlights

• Open calls for submissions were emphasized to refine the guidance framework for operating entities, with a focus on actionable outcomes. 📬
• The need to balance ambition with realistic work plans and available resources reiterated during member discussions. 🎯
• Highlighted the importance of regional representation and diverse stakeholder engagement in moving climate finance objectives forward. 🤝
• Continual efforts towards aligning climate finance flows with sustainable Food Systems were deliberated, emphasizing synergy with agriculture and food security. 🍽️
• The session's structure underscored the importance of effective communication strategies and feedback mechanisms to enhance transparency and actionability. 🚀

Key Takeaways

• Election of new co-chairs and the introduction of new members provide fresh leadership dynamics for future climate finance initiatives. 🌿
• The meeting placed significant emphasis on integrating newer climate finance goals and strategies post-COP 29, focusing on meaningful action for upcoming years. 📈
• Participants discussed enhancing the formulation and communication of climate finance reports and strategies to ensure broader stakeholder engagement and real-world impact. 🌍
• Focus on preparing for the NCQG and reviewing the operational definitions to ensure relevant and effective climate finance reporting. 📝
• Discussions centered around creating a robust approach to guidance for operating entities that aligns with COP objectives and addresses global climate finance needs. 🧩

Overview

The 36th Standing Committee on Finance meeting kicked off with a blend of virtual and in-person attendance, highlighting the new members and the election of new co-chairs. The meeting served as a platform for reflecting on past achievements and setting the scene for future climate finance actions, including responses to the mandates received at prior COPs.

One of the significant thematic areas covered was the enhancement of the transparency and effectiveness of climate finance reporting. The discussions pivoted around preparing robust strategies for the NCQG and strengthening methodologies to meet international climate goals. There was a notable focus on improving the visibility and impact of climate finance reports to engage more stakeholders effectively.

Additionally, the meeting saw substantial dialogue on improving coherence between climate finance and global policy goals. This involved integrating new strategies under Article 2.1c and ensuring that actionable recommendations bridge gaps in current frameworks. The agenda items were crafted to explore all issues exhaustively while emphasizing preparation and strategic thinking for upcoming years.

Chapters

• 00:00 - 30:00: Welcome and Introductions The chapter titled 'Welcome and Introductions' covers the initial proceedings of the 36th meeting of the standing committee on finance. It begins with a welcome message to both in-person and virtual attendees, including observers and the audience following the live broadcast. The chapter then provides a brief reflection on the previous day's SCF retreat, where participants engaged in discussions and shared their views on the climate finance outcomes from COP (Conference of the Parties).
• 30:00 - 60:00: Agenda Item 2: Election of Officers The chapter focuses on the election of officers, starting with reflections on the committee's role in improving the visibility of their reports and contributing to climate finance architecture.
• 90:00 - 120:00: Agenda Item 3A: Adoption of the Agenda The chapter focuses on the introduction of committee members and the adoption of the meeting agenda. Mr. Eon Chang from the Republic of Korea introduces himself as part of this process.
• 120:00 - 180:00: Agenda Item 3B: Organization of the Work of the Meeting The chapter focuses on the organization of the meeting and starts with a brief introduction by Frank, who is speaking temporarily for the director in charge of climate finance, as he is attending another meeting in Korea. Frank is fulfilling duties at this meeting due to the absence of Mr. Y Chang, who is a new member replacing another in the C committee on finance.
• 180:00 - 270:00: Agenda Item 4: Mandates from COP 29 and CMA 6 This chapter begins with a brief interruption, as the speaker apologizes and resumes their train of thought. Subsequently, the focus shifts to a certain 'Ste,' who is granted the floor. There's a mention of an online meeting invitation related to the UNFP which implies ongoing discussions within a formal framework, likely concerning the context of climate mandates originating from significant international bodies such as COP 29 and CMA 6. The chapter's dialogue seems to point towards the procedural aspects and engagements tied to these mandates.
• 380:00 - 630:00: Agenda Item 5: 2025 Forum of the Standing Committee on Finance In this chapter, titled 'Agenda Item 5: 2025 Forum of the Standing Committee on Finance,' the speaker introduces themselves as CH Rena. It appears to be the start of a discussion or presentation on the agenda item concerning the 2025 forum organized by the Standing Committee on Finance. However, the chapter transcript is not fully detailed, providing limited context and content beyond this introduction.
• 650:00 - 750:00: Agenda Item 6: Guidance to the Operating Entities The chapter titled 'Agenda Item 6: Guidance to the Operating Entities' features a speaker who identifies as an economic advisor within the Ministry of Finance. The individual's responsibilities include managing climate finance matters on both domestic and international fronts, including negotiations that are bilateral and multilateral in nature. The chapter also acknowledges the presence of another entity, Mr. F Rabi.
• 750:00 - 870:00: Agenda Item 7A: 7th Biennial Assessment and Overview of Climate Finance Flows The introduction of new members and a welcome to replacement members took place at the beginning of the meeting. There was a brief moment of anticipation for a representative from Bangladesh, but overall, the introduction was amiable and set a positive tone for the discussion that followed.
• 870:00 - 930:00: Family Photo and Coffee Break The chapter titled 'Family Photo and Coffee Break' discusses the agenda item two, which involves the election of officers. The process involves a revised composition and working modalities of the SCF (Standing Committee on Finance) adopted by COP 18. The protocol specifies that the committee is to elect annually two co-chairs from its members, each serving a term of one year. The co-chairs are to include one member from an Annex one party.
• 930:00 - 945:00: Agenda Item 7B: 100 Billion Progress Report The chapter opens with the speaker mentioning their status as a member from a non-Annex I party to the convention, expressing gratitude for the trust placed in them over the past year. They proceed to open the floor for the nomination of a co-chair from Annex I. Britney responds, thanking Diane for the opportunity to take the floor for the first time, though her statement is cut off and incomplete.
• 945:00 - 1125:00: Agenda Item 8: Linkages with Constituted Bodies The chapter titled 'Agenda Item 8: Linkages with Constituted Bodies' begins with a warm welcome to the new members of the SEF committee. A nomination process is initiated where Aalon Mola is nominated for the annex one seat. There’s a brief moment of confusion regarding the need for a second nomination, which is clarified with no second needed. The nomination for the non-annex one position follows, and the meeting continues with greetings of good morning to the attendees as part of the procedural formalities.
• 1125:00 - 1130:00: Closing Remarks and Adjournment The chapter titled 'Closing Remarks and Adjournment' involves the final remarks of the meeting. A speaker, on behalf of developing countries, nominates Dian to continue her role as co-chair due to her excellent work. Dian thanks everyone for the re-nomination and acknowledges the pleasure it has been to work on the committee in 2024.

Day 1: 36th Standing Committee on Finance Meeting Transcription

• 00:00 - 00:30 uh meeting room but also members connected virtually and welcome observers and the audience following the live broadcast uh welcome to the 36th meeting of the standing committee on finance uh yesterday we held the SCF Retreat and um we reflected discussed uh uh we shared our views on the climate Finance outcomes from cop
• 00:30 - 01:00 29 and we explored ways to improve the visibility of our reports deliverables and St sted our role in contributing to The Climate Finance architecture um first of all I would like to invite the the new members of the sendy committee on finance and also the replacement of members for this meeting to introduce them themselves we are play pleasing to welcome new members
• 01:00 - 01:30 first of all joining the committee and um the replacement of um members for this meeting and I would like to invite them to introduce themselves first of all I would like to invite Mr Eon Chang Republic of Korea yes please this is y Chang from from Korea um
• 01:30 - 02:00 um um so I'm Frank speaking I'm the temporary member for just for this meeting and the director in charge of climate Finance is attending another meeting in in Korea so I'm here for him thank you thank you sorry you uh actually uh Mr y Chang is replacing a new member of the C committee on finance do ke Republic
• 02:00 - 02:30 sorry for the that's true temporary yes uh I will give now the floor to Ste someone invited me for a two day online meeting to day from the unfp one of us sit just wait to the end e
• 02:30 - 03:00 um good morning and I'm um CH Rena and
• 03:00 - 03:30 I'm work I work as the uh economic advisor in the Ministry of Finance looking after climate Finance issues um both domestically as well as um negotiations uh bilateral and multilateral um and thank you thank you welcome and uh we have also uh Mr F rabi
• 03:30 - 04:00 sad HED from Bangladesh replacement member for Patricia aulo is not yet in the room but uh we will also welcome him and um again uh welcome to the new members and also the replacement and I will give the floor to over to you da thank you and good morning colleagues
• 04:00 - 04:30 um so um we're moving on to the agenda item two and this is where we're going to have election of officers so we would like to invite you to um yeah the so we have the revised composition and working modalities of the SCF adopted by cop 18 provided that the committee shall elect annually two co-chairs from among its members for a term of one year each with one being a member from Annex one um party and the
• 04:30 - 05:00 other being a member from non anex one party to the convention so um apalon and I would like to express our gratitude for the trust members have placed in us over the last year and we are now opening the floor for nomination of co-chair from Annex one Britney thank you very much uh Diane and it's the first time taking the floor this me I'd like to to
• 05:00 - 05:30 say hello to our our new SEF members welcome to the committee it's great to have you here um and I would like to to nominate aalon mola for the the annex one Sate thank you thank you and I think we're supposed to have a second or no we don't need one okay silence is um okay um and so we want to nominate for non anex one is z good morning everyone good morning to
• 05:30 - 06:00 the new members uh it gives me great pleasure on behalf of the uh developing countries to nominate Dian uh to to be the or to continue the excellent work she's been doing as a co-chair uh thank you zier and thank you members for re nominated myself and aalona we had a it was our pleasure to work on on this Committee in 2024 and we
• 06:00 - 06:30 were at the um Retreat yesterday and we all know how important this committee is and how much um the cop and the members of the and other parties regard this committee so we will um honor that um that culture and we will hope to carry forward in 2025 so um thank you and yes go ahead last one okay yes um so um may I invite the SCF
• 06:30 - 07:00 to approve the nomination of um apalon and myself to co yes we have to do that to serve as the co-chairs in 2025 hearing no objection so decided that's the only time we'll get to do that for a while so we're going to enjoy it all right um I'll hand over to aalona yeah and I will invite Mrs Sophi de
• 07:00 - 07:30 conic director of means of implementation the floor is yours thank you very much uh aonia um so I'm Sophia in the director for the means of implementation Division I joined the UNF polic Secretariat about six months ago and prior to that I've been working for the last 20 years also with other un entities International Organization mostly in the field of climate finance and and other forms of support to developing countries so it's my pleasure to be with you you're here uh I welcome
• 07:30 - 08:00 you all to the 36th meeting of the standing committee on finance and I would like to congratulate aonia and Diane for their reappointment also extend uh a warm welcome to the new members um joining the committee and to the replacement members uh attending the meeting so we really look forward to your engagement and valuable contribution over the next two days to the work and to the work of the committee uh throughout uh as we all know 2024 was a milestone year for
• 08:00 - 08:30 climate Finance with the adoption of the new Collective Quantified goal and it was also another exceptional busy year for the SCF in terms of workload and as it delivered critical technical reports that informed parties engagement in discussions and in decision making at cop 29 clearly your commitment and your expertise were essential to produce these high quality reports and advancing the climate Finance agenda
• 08:30 - 09:00 now looking ahead the SCF has been interested as you all know with the mandate to produce a report on the implementation of the NC qg and this latest mandat clearly reflects the trust and the recognition uh that the SCF has earned over the years uh your work will be crucial in ensuring that the international de uh debate remains strongly grounded in technical analysis dear colleagues we also to enter now the 10th it's actually the
• 09:00 - 09:30 10th anniversary of the Paris agreement we all know that but it's really a moment to reflect on the significance of the agreement and on the collective progress made uh in addressing climate change um considerable progress has been made uh and we cannot emphasize enough the urgency to accelerate efforts I feel we say that every year uh but clearly uh if we enter another decade then perhaps the decade of implementation we need to
• 09:30 - 10:00 keep accelerating efforts uh and that means also urgent urgently scaling up climate finance and quality climate Finance uh so as this grows also the role of the SCF um is uh growing significantly uh specifically there will be the work on tracking the progress of the 100 billion commitment and from 2028 also the NC qg uh and it's going to be really essential in supporting
• 10:00 - 10:30 evidence-based interg governmental processes implementation is key uh and the work of the SCF must be highly relevant as it is um which includes also actionable recommendations coming from The Forum and also practical uh guidance for the operating entities as they shape their policies and their programming priorities so we hoped the committee can use this meeting to reflect as this juncture in how it can enhance its
• 10:30 - 11:00 Effectiveness its efficiency and more strategically it's also an opportunity at this point to strengthen and to reflect on the impact of the work on the broader climate Finance Community it goes without saying that the Secretariat will be there uh to support you in every aspect of your work and as we do so we'll be also um happy to work closely together to ensure suitable resources are allocated for this important work in 2025 but also for for the years to come
• 11:00 - 11:30 as we embark on the preparation for the upcoming banal budget cycle of the unfc I thank you very much and I wish you all a very productive meeting thank you Sophie and welcome also to you to this community uh we now turn to item 3A which is adoption of the agenda the provisional agenda of the standing committee on finance meeting was circulated to members on the 31st
• 11:30 - 12:00 January 2025 may I invite the committee to adopt this agenda as presented so no objection so the agenda is adopted and uh we can now turn to agenda item 3B which is organization of the work of the meeting um the as I said already the standing committee on finance is an hybrid meeting as you have seen from the
• 12:00 - 12:30 meeting schedule all agenda items are proposed to be discussed in plary setting the schedule may be reev Revisited at the end of today to accommodate changes in the format and timing as necessary uh we have the quum for this meeting and we have also observers in the room and the meeting is being live broadcast should the need arise the SCF may decide that meeting or or part
• 12:30 - 13:00 should be closed uh the broadcast will be interrupted and observers will be notified accordingly uh the background documents for this meeting have been made available on the SCF web page so with this announcement we would like now to begin our discussion on the agenda items so we pass the floor to you Dian thank you aalon yeah so
• 13:00 - 13:30 um so we have agenda item four which is the mandates of from cop 29 and CMA 6 an update work plan of the standing committee on finance for 2025 so um an updated workr of the SCF is included in the background paper um which is um SCF 202536 ss3 which provides an overview of the mandates received at cop 29 and CMA 6 as a recap cop 29 noted the work plan of
• 13:30 - 14:00 the committee for 2025 as submitted through the SCF annual report the cop and the CMA provided new mandates in Baku so and they in Baku we the cop request to the C SCF to take into consideration the submissions when preparing its draft guidance for responding to loss and damage for consideration by cop 30 and cma7 they also requested the F SCF to banel reports on Collective progress
• 14:00 - 14:30 towards all elements of the decision one CMA um. 6 commencing in 2028 um Sophie mentioned that just now so um reiterating that an overview of the key deliverables of each SCF meeting in 2025 and intersessional work can be found in Annex 2 of the background note um with this we will invite members to further reflect on its deliverables and agree on an updated work plan for
• 14:30 - 15:00 2025 and uh just a reminder we had a really good Retreat yesterday in which we had some ideas that come up so um this is the opportunity to formally present them from the floor so we can have an updated work plan so with that um the floor is opened
• 15:00 - 15:30 so while our members are reading their work plan this meeting is our meeting first meeting of the year is normally in March so our members are still working through that just a flag that we plan to provide The Observers so any Observer
• 15:30 - 16:00 who would like to make an intervention um we're hoping that you can get ready as well so we can squeeze in a couple of those so at our SCF meetings our observers can intervene um gab thank you coachers it's great to see you up there and have you back as a leadership um thanks for this uh first item um I would like to make suggest suggestions in terms of planning
• 16:00 - 16:30 our work ahead uh and the decision points as thanks to the secretary for the very helpful it's like a slide in the back Annex where you can see what's decided when um I would suggest that we decide on the outlines that we have to decide this year already at the second meeting and that way we can spread the decisions a bit uh across the year uh we have more space for discussion on the um Guidance with which will probably be a big Focus um of debate in the this year
• 16:30 - 17:00 especially in the third meeting that way we have some work already done in the uh by the time we get there so I would suggest that and then we also had a decision in Geneva the SCF last SCF meeting what's that 2023 um that we wanted to have some kind of training awareness raising training uh on gender and diversity aspects and we couldn't do that last year because it was so loaded
• 17:00 - 17:30 with work um and I suggest that this year as it is an off report here in our biannual cycle um to use that uh to have a training um for example at the next meeting uh on on that as we had foreseen my some of my suggestions thank you thank you um Gabriella if I recall though I think um we were supposed to the UN requires that we do some things
• 17:30 - 18:00 like that right I think there is a s strong suggestion that we do it as well and I think the UN Auditors were mentioning that I think one our committees one that haven't really formally done that so um thank you for that Gabriella uh Vicki thank you and also good morning from my side and congratulations on your re-election um no on top of what um Gabriel mention because I do think it's
• 18:00 - 18:30 it's helpful to even if it's an off reports year and and it's a what more I will call it business as usual not a slow year but a business as usual year um that we still make use of the time that we have so that even um not just in the second SCF meeting we we decide on the outlines of the reports um but also perhaps the topic of the next SCF Forum in 2026 also because that is really necessary and and I think would agree to and the secretary would
• 18:30 - 19:00 agree as well to you know to make it worthwhile to plan ahead to make the the program and to ensure that we have you know the best uh availability um of of a venue and so on for and speakers for the next year's Forum so that would also be my suggestion that we tackle that at in second SCF meeting which is in June and also but I'm sure that we will pick those things up um when we talk about those agenda items as well so um but my also and that's also in in the
• 19:00 - 19:30 background note and in our scheduled timeline um on draft guidance that we also already look into what we can do during the second SCF meeting just because it's also one of those issues that I mean if it's in business as usual year then we should focus on the this key mandate as well because that will be one of our few Deliverance that we deliveries that we have this year um so yeah that's my two views on top of what already was mentioned by Gabriela thank you yeah thank you um
• 19:30 - 20:00 Elena thank you co-chair and congratulations to both of you for your renomination um I think I'm so looking at at the at the work plan and fact that it's a not a let's call it a an off year but a a year that we have less workload than we did previous years
• 20:00 - 20:30 but I think yesterday we spoke a lot of about um taking this year as well into more of a reflection type of year as well into how we can really make sure that the reports are fit for the purpose we want to to the purpose that there should they should be having the reception that they should be having among parties um and I think that in that sense I I I understand why you would want to approve the outlines at
• 20:30 - 21:00 next meeting but I think it's time for us to to also allow for that reflection to happen I don't think it'll it allow us from here until June to to do that especially if we said um yesterday we want to now think of what is it that we now have to start tracking for the nqg report until 28 and I know that it's until 2028 but it it gives us some more time to think of what are these other elements that are now we now as a committee have to start looking forward looking that we could
• 21:00 - 21:30 potentially use this year to start thinking of how we place them how that'll fit into our work until 2027 2028 when we do start thinking of more concrete how that report will look like um so I think it's more of a let's use the year wisely let's let us cook up that um what we have in gaps that we have to fill in the NCG report in three years that we could potentially use this
• 21:30 - 22:00 year um to sort of brainstorm what that would look like and I think that thinking through the outlines carefully would allow for allow for that um to sort of for the committee to reflect on on that is sort of um my first stance I do I do think that uh next next meeting would be okay for us to start looking at the topics and decid on topics for the next uh next two years forums I think that is definitely something the committee should be doing um and definitely I think I think
• 22:00 - 22:30 there's like like um the the weight guidance is is or draft guidance this year I think there's like a new methodology we're trying to experiment with the draft guidance so I think that also allowing that to happen in um how it's planned for for sequence of the year I think it it's it's okay for us to start thinking how how that would look like especially now because we have a new gu guidance that the committee has to do um and how that will
• 22:30 - 23:00 will start to look like uming that also the timing is different from the GCF and the Jeff in relation to the FLD I think it's one in 16 weeks before coverer and the other is like 10 weeks so how does how does that look like um so yeah those are my initial thoughts uh thank you Elena um we have Shand shandre and then we have Shu and then we have appal
• 23:00 - 23:30 yeah um thank you and congratulations to the co-chairs for getting reelected again um well on the there are three broad aspects that we I would want to touch upon one is the work that we have to do this year which is in that we have two major products that have to come out one being the guidance and the other The Forum it is a year with where there is a lot more that can be done uh just
• 23:30 - 24:00 because we are not so stretched as we uh were in previous years um and in that sense I think we need to look at the work plan or the methodology through which we would do the two uh products a little differently so in our um for for us I think uh the suggestion would be that um there should be a lot more engagement with the stakeholders on uh the draft guidance
• 24:00 - 24:30 both in terms of uh the stakeholders within the financial mechanisms the operating entities but also the stakeholders that access these mechanisms uh for resources that they that are required for adaptation and mitigation so it's very important to interact with that and and how we do that we could do it uh we could have further discussions today uh um and uh tomorrow so that we have an idea and
• 24:30 - 25:00 perhaps we should be able to bring that into some format by the next meeting um The Forum I think it's on a subject that's very um important um both for the developing as well as for the developed countries across the world and agriculture being such an important subject for food security while also uh it is a fact that actions need to be
• 25:00 - 25:30 taken in terms of uh uh the emissions as well that come out from agriculture especially in areas where there are large land Holdings and where there's the wherewithal to do that um the discussion uh we need to have you I I'm aware that we've we have received uh uh inputs but perhaps there's greater information that is required and and further the SCF could reach out to certain uh you know spe specifically
• 25:30 - 26:00 certain regions to get more inputs from from them because unless we have a properly informed discussion uh we are liable to get um only a part of the whole picture and and in order to get the whole picture and and also have acceptability broadly it's very important that we we have this fleshed out very well and we we we seek uh inputs across from all regions uh
• 26:00 - 26:30 whether it's the developing the developed within the developing there's Agro climatic zones so there are different features of these um agriculture areas that we have and their own um strengths and weaknesses their concerns all of those need to be brought in uh and this is um important I think uh we having this forum in a very uh very uh you know important place as well a very um considering that uh FAO is located in
• 26:30 - 27:00 Rome and IED is located in Rome so we have the institutions that are there perhaps uh I'm sure we we would be engaging with them to to provide us greater inputs they are they do come out with inputs across for for all regions that is one but then in addition we need to have the local um stakeholders as well involved in this process and as as CF members I think we'll take that back
• 27:00 - 27:30 uh to uh to the regions that we belong to to get more information and inputs into the uh into this discussion um on the um the discussion about the forums I think we did that in 2023 where we uh came uh came out with I think suggestions for two forums subjects for two forums I think we could do the same this time as well so it helps us to organize ourselves for the next two years and
• 27:30 - 28:00 uh I think that's one suggestion I would have to give on this and on the ncq Mandate I think it's a very well taken this is something that's going to uh require there's there's the quantitative element but there's an important qualitative there are several qualitative elements and and that would in fact determine how much is really and the kind of resources that will flow in through the NC qg so uh we need to have greater discussion on what could be the
• 28:00 - 28:30 variables that we would need what is the data points that we need to track to be able to get a better assessment of how the resources are flowing and this is the time to do that for the next several you know one or two years before we get into actual EST uh you know quantifying how much has actually flown in so now is the time to look at it it's it I would say that this is a longer term exercise and but it is a cerebral EX exercise it has to be discussed and therefore take
• 28:30 - 29:00 needs time uh I'll stop here thank you uh thank you for that um so we have Shu please oh thank you co-chairs and uh taking this opportunity as my first intervention uh I'd like to welcome new members to SCF and I'd like to congratulate uh your reappointment of um as a co-chairs and uh uh uh as for the matters of uh work plan
• 29:00 - 29:30 uh uh this year I I agree with uh Gabby uh I I think that it's important to discuss and uh uh basically agree uh on the outline of guidance uh uh uh in order to in order that uh we can uh discuss uh more detailed uh matters uh on guidance or uh next year ba uh or 100 billion uh report
• 29:30 - 30:00 uh in the S meeting uh this year this is uh today is my uh second meeting of thef my first meeting is was uh uh last September's meeting uh I know that's a not not usual usual a meeting but I think uh this year uh we have uh somehow uh time uh to deeply discuss uh uh some
• 30:00 - 30:30 matters so we think it is better to use uh time wisely uh this this year thank you yes um thank you for that so um aalon is going to go last so I see um Zer thank you very much uh Diane and um I I've heard what what colleague says but I was also very uh notice very
• 30:30 - 31:00 clearly what we were saying yesterday in the retreat and that and I I do understand that people believe that this is a uh uh an easier year or normal year as I think it was Vicki who told us was a normal year uh but it's not a normal year maybe for us as the SCF maybe a normal year in terms of our work program but we are not in a normal here um and
• 31:00 - 31:30 we need to be cognizant of the reality that this year would be fundamentally very different than what the previous years were in climate change we are going to be facing a lot of different challenges uh particularly also in the in the scope of Finance we all know that there's a lot of things happening that is said and I I understand the colleagues urge to want to spend time wisely and that but also spending time wisely doesn't mean we
• 31:30 - 32:00 need to rush with things because we need to really look carefully at how we do our work and how we do our work going forward uh in terms of that and how can we be most uh effective as a standing committee on finance yesterday came up a lot that people were reflecting on uh and not not uh questioning the importance of the standing committee on finance but actually questioning uh uh you know whether our our reports
• 32:00 - 32:30 important reports that we're doing are being read whether they are are are relevant whether they understandable and all those type of things uh and if that is the case then we need to spend some time in actually looking at how we approach that rather than you know just merely saying well we have a easy let's do this and we can can focus on uh other issues I do understand the the the challenge that people think but we are really sitting in very challenging times even though we may not think it but it
• 32:30 - 33:00 is it is the reality and a lot of things are being questioned and a lot of things are also being uh uh questioned as to whether we will have the ability to deliver things uh and so I think as a standing committee of finance that has a very important job in supporting the cop and the CMA and that we need to do our work uh you know not just quickly but uh efficiently and thoroughly and I I would suggest that I have no problems with any
• 33:00 - 33:30 proposals but let's not just rush into doing things uh let's be a bit more uh uh uh reflective on how we do things because we have a normal here and we don't have uh the same pressures like we've maybe had some other years uh and so I I would just you know suggest that we we we just take a serious look at how we approach this thanks thank you for that Z so we have um Britney thank you thank you Diane and
• 33:30 - 34:00 thanks for your work in preparing this draft work program um I'm not going to repeat things that have already been said by others but I I agree to a lot of them I think a few people have mentioned the Forum topics being something we can agree at the next meeting I think that's really helpful because it will enable us at SCF 38 to do the have a discussion around the key themes we want next year's Forum to focus on call for submissions in the intersessional period and then come to the first meeting of the year with a prepared program like we
• 34:00 - 34:30 have for this session which then just gives us way more time to work with sort of any co-hosts we have with the Forum but also importantly to get um robust attendance and speakers so moving that sort of forward to the middle of the Year meeting I think is incredibly valuable to that point on efficiency and developing strong outcomes um to the point uh that's a hear made on Outreach activities and wanting to have more time to discuss how we engage um the outside unfc space but also outside of this
• 34:30 - 35:00 forum on the reports that we do I think is a good one um and I don't know if we need to do that in each uh report agenda item or if we have a standalone session at each meeting to talk about Outreach and Communications I'm sort of in your hands coaches you think would be most effective but I think it would be good to make some dedicated time for that in the work program um because I agree with here this was something that came up a lot yesterday and we all agreed we want to spend time this year to promote the good work we did last year
• 35:00 - 35:30 um I also wanted to note in some of the intercessional activities we'll probably have to consider submissions from the SEF to other processes and in doing that I suggest we follow the approach we agreed last year in which we provide a very brief factual submission of all the reports we've developed in the past um that are relevant to the topic of of that submission um but just noting that should probably be added to the intercessional work components um and I leave it there thank you thank you um Britney we have you
• 35:30 - 36:00 soon thank you chair um since yes yesterday and today we've been working on how to characterize the this year uh we we may see this as a normal year but I think we because we don't have we don't need to rush this year we can focus on some additional topics and we expand our
• 36:00 - 36:30 scope uh I have one one suggestion for uh enhancing the coherence and complimentarity among uh multilateral climate funds uh multilateral climate funds such as GCF GF uh adaptation fund they jointly announced their commitment to further strengthen complimentarity and coherence uh during cop 28 since then they work together to develop a joint action action plan last
• 36:30 - 37:00 year uh also other International fora outside the unfccc has advanced their discussions on religion report to provide recommendations um given that uh SCF our mandated our our mandate our we are mandated to provide guidance for uh climate multilateral climate funds to improve their operational consistency and practicalities uh I suggest we look into
• 37:00 - 37:30 this matter within this forum um as a part of our agenda per se or create dedicated sessions to further our discussions that's it thank you uh thank you for that so we have petus then we have HRI and henrique and then Ian uh thank you coaches and uh let me also welcome our new
• 37:30 - 38:00 members uh with respect to this agenda item on mandates from the cop and um and the work plan uh I think we are mandated according to this decision to to further explore on the operational or function definition of the what climate Finance
• 38:00 - 38:30 is but I don't see anything clearly coming out of this work plan that speaks to that this is this a deliberate um move or why why what is the understanding I need to understand why this has not been fully included in the in the SP of the work plan which in my opinion we supposed to
• 38:30 - 39:00 to commission or come up with a a proper analysis or study that can give us a functional definition of what climate Finance is because this is the predicament that we have in this whole process I mean how do you talk about something that you cannot Define at the same time how do you measure something that you don't know what what it is all
• 39:00 - 39:30 about in it is totality I think uh we need to prioritize this this matter pertaining to definition in our annual work plan so that um we we put this this matter to it finality thank you thanks P for that so we have HRI thank you and good morning colleagues and first of all congratulations on your re-elections um well many many very
• 39:30 - 40:00 important points have been mentioned I think it's I think what we see right now with our preparations for the for in September that it is helpful to have the topic set early on and to start work early to have submissions in and with that to gain a bit of time to you know also to have time like just reach out for for the appropriate speakers for that event so I think whatever we can do to agree on the next topics early on I think it's helpful for us to structure our work also to to alert stakeholders
• 40:00 - 40:30 who might want to prepare a submission so with that I think it's it's very good if we can start that work um during the next meeting and the same holds a bit like for the outlines of the reports so if if we give ourselves a bit more time and and discuss the outlines at the next meeting I think it will be very helpful and with that we can also then start like a call for submissions already now very early on um with that I'm on how we
• 40:30 - 41:00 are reflecting on the new mandate that we got with the cop on on preparing the progress report on the ncq I think that requires a bit more of thought uh I'm not so sure on how we are going to prepare ourselves for this very big task um we have to find time to assess the data gaps I don't know what is the best approach for that but we can also try to incorporate it a bit with the reports that we are having trying to identify the elements that can strengthen so I would just invite us to to start a
• 41:00 - 41:30 continued reflection on what elements we already have in our reports that can be helpful for us to get to the data gaps um I totally support zahir's point on the communication and we discussed it yesterday I think the proposed by Brit is very useful to have it as a standing agenda item on our agenda just to make sure that we are continuously looking into the communication and that that we are also making our information more accessible to the General Public also to be able to show that this is a
• 41:30 - 42:00 fact-based science-based process and that we do have Val reports produced in this committee that are helping us as cor CMA to deliver on on the task and I think it's in particular relevant this year was the 10th anniversary of the Paris agreement and the uh yeah current yeah challenges in the world I think that might be very helpful for us and we'll have the process if we enable all of us to have like facts and data at hand
• 42:00 - 42:30 thanks uh thanks for that we have Ian thank you also congratulations uh to you and Bonia on renomination and welcome to the newf members um the CMA has just agreed on the nqg and this year is also going to be big on ndc's so we might effect growing pressure on the delivery of
• 42:30 - 43:00 climate Finance in general and hence on the work of our committee uh that uh produces relevant information that will come in future reports so in this respect I agree with many points made on using this time to discuss the efficiency of our reports of their outlines and ways to improve the visibility of the work of the committee and uh how we could feed it in uh into
• 43:00 - 43:30 other climate related processes I also support uh discussions on the topics of the SCF Forum in advance to ensure better preparation for the upcoming Forum we need to make sure that we use to the biggest extent possible the expertise of Throne based agencies um FAO wfp the IAD and they governing bodies that
• 43:30 - 44:00 have been working on food security and agriculture for a long time including exploring linkages with climate change mitigation adaptation and finance uh so there's um there's a lot for us to do and um I believe we can use this uh time to reflect on um how we could contribute meaningfully to all of this thank you thank you um Ian um
• 44:00 - 44:30 Karima thank you Diana good morning everyone and also from um from my side congratulations for the appointment we are very happy to see you there for this year as well um so just to be um very brief uh I agree this is a special year um in the I mean we are in the context of a special year so and definitely as as Yan just said um we can profit of this year to communicate better and respond to this um pressure somehow that
• 44:30 - 45:00 comes from from this external world so definitely I mean we need to follow up also in in terms of the work plan on how we we should tackle that um and also agreeing with what hendri was saying um I don't think it's about rushing uh I don't think anyone wants to rush on anything but in fact um going a little bit further probably on the outlines on what we can do already can leave a little bit more space to in the in the third meeting to allocate the time that
• 45:00 - 45:30 that the guidance for example and other issues to serve because especially the guidance we know that we didn't have the chance to you know to allocate the time that they Des serve uh so uh yes it's it's about sharing a little bit and splitting a little bit the um the the workload along the years so I would uh yes definitely avoiding to rush but you know tackling uh the issues as soon as we can so that to leave the space for for the rest so I would uh support
• 45:30 - 46:00 launching a a call for submission uh on the outlines as as soon as possible and so that we can uh you know uh work a little bit U uh deeper next uh next meeting as well thanks thank you for that K we have sadik thank you coachers and congratulation for the reappointment and good morning colleagues in fact see of the mandated events regular
• 46:00 - 46:30 mandated events but I would like to highlight in this year particularly this and rest of the meetings that we have some additional additional mandate to work on NC qg particularly work on up to 2028 and as well as the there is some kind of uh Sun decision on tripling of of Finance flow to the financial Windows of unfc I think
• 46:30 - 47:00 we should highlight that and previous decision on doubling adaptation Finance I think it it should be highlighted in the progress report as well as in the B ba regarding SF Forum I think uh we should encourage we should try to accommodate all the UN agencies multilateral development Banks as well as Nos and bilateral Partners to make it vibrant and to accommodate every
• 47:00 - 47:30 stakeholders and linkage with other Constitution bodies actually there is so many bodies and I think we should capture the the progress and work stream of different constitutional bodies so that we can get every picture of particularly on financial issues and we can capture their their progress their need and their uh their expectation from di here thank you uh thank you for that um we're going
• 47:30 - 48:00 to have Vicki and then appolonia Vicki thank you and apologies for asking the floor again just I mean I think that I mean I hear a lot of consensus of what we are thinking about it it's just striking that right balance between being ambitious and taking our time to actually get our work done so I think I leave that into your capable hands um yeah no but uh I I think yeah so I think the main and I the putting communication on each of our
• 48:00 - 48:30 communication strategy or something on each of our SCF meeting is also something I thought was quite interesting um and but the reason why I'm asking in the floor again because I did forget to ask first round is I think for our work plan and our timeline we also need to have a budget view a view of the budget the Secretariat has to deliver our to support our work um so I'm not sure if if now it's the right timing to give such an update on on how the budget uh what is it status is from the
• 48:30 - 49:00 Secretariat UNF C and SCF team or if this can be done later today but uh I would be I think it's always useful information at first SCF meeting at the beginning of the year thank you uh thanks Vicki so um Sophie is here so um I would let maybe appon do you w to canare something okay for later today yeah so you see all long list so aalon yeah thank you for this point on
• 49:00 - 49:30 budget very relevant because otherwise we can have a very long wishing list but no sense if there is no budget and uh just one point um yeah I want to connect as you did already uh this discussion with the reflection that we did yesterday on during the retreat and the point on the need for more visibility for our reports and the work done by the SCF which is really important we need and um yesterday we
• 49:30 - 50:00 said and also today it was reiterate we need to improve not the quality but to improve the reports and the way how we write the the these reports because they should be accurate on a technical point of view so for experts but at the same time they have to speak to the a larger community so this is not easy exercise and um we should think about this point because um uh this is part of the
• 50:00 - 50:30 communication strategy and also dissemination plan which also should produce material for trainings because we have received the request from some uh groups for trainings and also um I would say the common people that we should also engage in our discussion maybe we can work the and myself we can work with the Secretariat for a dissemination plant and some
• 50:30 - 51:00 suggestion maybe we can have a questionnaire that we can send to draft send to more um stakeholders because uh it's not easy uh the production of a report which should be accurate on technical point of view speaks to the parties unfc and also to uh other stakeholders experts the common people so we put together so many things and we
• 51:00 - 51:30 cannot do everything uh and then another Point related to the new mandate on ncq maybe the next meeting we can have a specific uh uh discussion or reflection with other experts on methodologies and approaches to for this new mandate something like the one that we did the last year for um the ba and also ndr these are some action concrete actions to address the points raised today also
• 51:30 - 52:00 yesterday um maybe there is also someone yeah this is from my side okay uh thank you so we have Ali who join us from uh virtually Ali you have the floor uh thank you Dian uh am I audible yes we can hear you go ahead okay thank you very much uh first of all uh let me join uh others in congratulating you and aonia for your
• 52:00 - 52:30 appointment as co-chair one more time that shows that you did a very good work last year and we all have complete trust in both of your leadership uh and I also want to thank Secretariat for developing the background paper for this agenda item the nx2 of the background paper was particularly helpful uh especially when it talks about the T ative timelines in a pictoral format
• 52:30 - 53:00 uh then let me just I'll not just take sides that whether it is a business as usual year or a a very critical year but my understanding it does this year does provide us an opportunity to reflect on our mandates uh as a committee uh and especially uh what we have done so far uh on various mandates which were given to us by by cob and CMA uh especially
• 53:00 - 53:30 for example I can point out two mandates uh which are there in the work plan uh and and uh in my understanding that we need to reflect on that what we have done so far uh on taking into account Glasco shash work program on global goal on adaptation in our work I see that in the table it is saying it's an ongoing mandate but but have we done anything
• 53:30 - 54:00 concrete on it but how we have rationalize uh this in our various products or work uh and secondly uh there is another uh mandate to consider Article 4 paragraph five of the Paris agreement in implementing our work have we done that or not or uh how we have uh delivered this mandate it uh so it is not very clear in the work work plan
• 54:00 - 54:30 that that what we have done so far uh these are like joural comments uh and and specifically on on the proposal that just like uh previous years uh in in this so-called uh businesses usual year we agree on uh the outlines for key reports of the committee uh the 7th ba and next 100 billion progress report uh but I I just want to highlight here one
• 54:30 - 55:00 concern uh that was raised uh by some colleague that this actually takes away uh some uh negotiating uh power from the next committee members uh I know that many of us will be here but we really don't know uh that that who will be here uh next year uh and and and on this understanding that this will this argument will not come next year that we
• 55:00 - 55:30 have already agreed on the outline and we cannot add anything uh more to the reports and uh then it's okay to discuss the outlines agree on it uh have a call for submission involve all stakeholders and come up uh and and and we can have outlines I'm I'm fully supportive of it but but on this sort of Judge gentle persons agreement that that this will not be quoted uh as
• 55:30 - 56:00 uh as a limiting factor next year that that that that whatever the new members will be able want discuss uh next year they will not be restricted by these outlines uh and and and another important aspect which I want to highlight is regarding the nqg since we all uh Finance negotiators we were the one who were very much
• 56:00 - 56:30 involved uh in the NC qg ad hoc uh work program all the uh technical expert dialogues and and had a lot of uh technical work uh related to this topic but in the end how uh this Deion was politically adopted I I do have some concern with that uh especially uh but it it is not the right for to discuss here in in SCF but but in in general uh
• 56:30 - 57:00 uh let me come back to what mandate we have received ultimately because of that political discussion is that will be producing a report starting in 2028 but uh I think I I uh I agree with theonia that that it is the right time that that we should start discussing uh with the help of our all stakeholders
• 57:00 - 57:30 especially the experts who who uh in this field that that what uh methodologies we will adopt in tracking our progress as a as a committee uh because the elephant in the room is uh is the that that which type of flows uh will be counted towards the progress of the ncq and and one of our colleague has already highlighted the importance of uh
• 57:30 - 58:00 the lack of uh definition of climate Finance in context of NC qg uh it is the decision I see it as a very vague political sort of compromise Deion from the cop it does not uh give us solid uh foundations on which the tracking system can be built uh so it is up to uh this committee uh to take up this Challenge and try to come up something which serves the purpose for the developing
• 58:00 - 58:30 countries uh and uh and and lastly uh regarding the guidance I see that that the community this year and TR to have uh a different approach on guidance and and I'm very much uh looking forward to have an active engagement on this very important topic because uh over the years uh in my understanding as a committee we have failed to deliver uh on this very
• 58:30 - 59:00 important uh mandate uh of our commune with this I thank you all over to you D thank you um Ali so we have two observers online but before we do that Colonia wanted to follow up o just a a personal reflection now on the on the the work plan and um and just also to to reply to some comments on the fact that the work plan does not consider all
• 59:00 - 59:30 the mandates but uh um I mean we analyzed the mandates and the work plan and to me it address all the mandates including uh the the the article 4 and the adaptation at least in the context of the ba other work but it's really important to understand and how this can be uh addressed if not uh sufficiently done and also with regard to climate Finance definition it was not specific
• 59:30 - 60:00 mandate but only in the context of the ba it was related to the uh operational definition used in the context of the ba just to clarify some points that have been uh raised that the work plan at least the the work the draft work plan that you received uh includes all the mandates that the SCF received so I don't see any missed uh points
• 60:00 - 60:30 there but uh I mean we are here to identify in case they are not addressed thank you aalona um bitney thanks Dian I'm sorry for taking the floor again so so thanks for that I just want to make a comment on it's come up a few times on the timing on when we would agree to the outlines um and I I fully hear the concerns of colleagues that if we lock things in too early it does remove agency and the ability to adapt particularly as we're developing the
• 60:30 - 61:00 reports um but I think there is really important reasons we would need to agree the outlines this year and we always agree the outlines um in the year before the reports are developed because it gives the Secretariat and the contractors time to go and actually develop the technical basis for what goes into that report so that we can start considering it early in the report year um so we can have a discussion when we get to the report outlines as to how we frame the decision so that there's adequate flexibility if we need to make
• 61:00 - 61:30 amendments um to make sure the report is fit for purpose for the content so for example some of us have noticed that we've locked in um outlined titles names and then the content after the fact has not actually matched what's in those titles and that's because we were so rigid with how we agreed the outlines so we can look at how we reframe the language on those to enable that flexibility but I think it's really important we do agree them this year otherwise what we're going to end up with next year is a circumstance where
• 61:30 - 62:00 we haven't had enough guidance and framework for the Secretariat to develop the reports within so um just say we can probably address a lot of the concerns raised with how we with how we agree the outlines but it is important we do that work this year so that it doesn't all fall on the committee next year um thanks I just want to mention something about the approach I think um we should all come back to this item issue because I think one of the basic thing is that our work regardless of
• 62:00 - 62:30 whatever the cop says depends on the budget and the Secretariat so I think we should really take a look at that um because the way that we all work back home is um we can't put our work plan we know what our procurement plan is you know we have to procure Consultants we have to get the budget done and um if we know we know that we don't want to leave all of that and then have a burden on the Secretariat so and then of course
• 62:30 - 63:00 what will happen all of us agree to something really quickly and then when we look back and luckily for this committee we can giggle and laugh it off and move on but um I think this is an opportunity that we have to reset um and to ensure that we have the Committees with us um we get our stakeholders to be with us but more importantly reset this year and get the Secretariat with us so that we can move forward really strong and whatever way we all decide so but I think it's important to I see a list
• 63:00 - 63:30 here and there's nothing wrong here but I think we need to see to a little bit what is it that how much money do we have to pay to buy all of this information basically how much money do we have to shop with to get this done we don't know what that is yet so um Elena um thank you coacher I don't think the mics are working right mic something happened to
• 63:30 - 64:00 mics testing
• 64:00 - 64:30 I think they're back we're back we're online um thank you um co-chair for for reminding us of importance of the budget um I think I the comment I just want to make is um sort of um a response not not response but in what Brit just said and it's not it's not that we're requesting not to have
• 64:30 - 65:00 the outlines this year just saying there's no need for us to have them in June cons in considering that we have we have at the end of like this is something we have to do by the end of the year absolutely but the thing is let us take our time to think of everything that the committee has to do and agree them by the end of the year and taking into account what Ali said of how do we fit in the flexibility of that the outline should allow coming next year I know new members have other things and
• 65:00 - 65:30 the experiences of having titles for outlines that then don't fit the contents it's just for us to sort of take the year to reflect on it there's no need to rush to June is sort of my what the thinkings thank you Elena so online we have uh tamin from Saudi Arabia oh in person sorry hi you have the floor thank you for giving me the floor so uh I'm a party Observer here and uh I speak
• 65:30 - 66:00 on behalf of the Arab group uh first of all let me start with congratulating the elected officers for uh co-chairs to have a another year of success um also I would like to welcome the new and returning uh members of the committee the best of luck to everyone here here um two points I would like to raise um first in terms of the guidance
• 66:00 - 66:30 I agree with the approach uh chandini has mentioned in regard to the engagement with stakeholders and the issues of uh providing an inclusive guidance uh having also particular emphasis to party stakeholders uh this is a very important to our constituency um this is uh very important to have sufficient time also for developing countries to have their submissions being allocated for uh the
• 66:30 - 67:00 second issue is uh it has been raised um from the here also this is not a normal year uh this is a year I think um a lot has been going on around the world and uh the current climate ambition landscape and financial landscape also has been turning around um with everything going around uh the standing committee Finance also has to step up into
• 67:00 - 67:30 providing uh its mandate and also Ian have mentioned the issue that this is the NDC year also with that we need to also I want to tie this U with the activity number five that we have on the work plan so if we look at activity number five on the work plan it's a relation to the operationalization of article 4.5 of the Paris agreement and I would like to bring bring up this to the committee here uh how we would like to
• 67:30 - 68:00 operationalize this activity number five 4.5 of the Paris agreement one way that the Arab group sees it for this SCF uh to deliver on this mandate is to have its own uh Standalone uh section in the outline uh as similar as the mapping of the 21c chapter that we don't have a previous mandate on uh thereby the only way we see fit that
• 68:00 - 68:30 this um operationalization of article 4.5 the Paris agreement this activity on this SCF Works to have a stand Standalone section uh this is a very particularly important work that needs to be done especially with the current climate that we have we scaling down on bitions occurring around the globe and thereby to step up uh NDC implementation
• 68:30 - 69:00 we will need to see some work delivered on that uh thank you uh and one last issue on secretariate budget and the work on the budget we shouldn't be also have these uh discussions on budget uh looming over the work of the SCF although it's very important uh work that we see if the our secretary have enough budget but also that shouldn't be constraining or limiting the work of the
• 69:00 - 69:30 SCF into delivering on its mandate uh especially uh in this current climate thank you uh thank you so much um we have online we have the center for human rights and climate change research you have the floor good day everyone can you hear me please can I have an indication that you can hear me yes we can hear you go
• 69:30 - 70:00 ahead okay my name ISO Lucia orig Emanuel I'm with the center for human rights climate change research the center for human rights and climate change research is part of the WGC constituency I congratulate the co-chairs on their reelection and also welcome the new members and replacement members of the committee climate change has a huge
• 70:00 - 70:30 impact on development with current move towards the ffd conference we believe it is necessary to identify areas that are interl in terms of financing and impact and how they can be used to strengthen the development and climate action and climate financing is a key aspect of this Focus stakeholders thinking captures this line of thought as shown in the test of the zero draft of the ffd 4 we
• 70:30 - 71:00 request that the standing committee on finance at its meeting should identify how it can promote coherence and alignment with other climate financing mechanism like the ffd and improve coordination in the delivery of climate financing the standing committee on finance should also disc how the um in its meeting how to enhance climate financing to integrate human rights
• 71:00 - 71:30 obligation consideration and also featur this in his reporting thank you uh thank you for that um any other Observer um in the room or online oh okay so I will just quickly summ we're going on time so we're going to uh summarize really quickly and then we'll have a coffee break uh so thank
• 71:30 - 72:00 you our members um for your input in the work plan for this year and um yeah so this is not really a slow year it's a reset year it's a it's a it's a year for us to build a foundation for the next three years so This Is Not Unusual we've done this before so we'll take the time that we're not producing a big output um to to really get reset and prepare for the next three years so um what does
• 72:00 - 72:30 that mean so for Ali I it may or may not mean that we are preparing the way for future committee members to take the the the the batter from us and go running rather than having them to stop and plan their way again so that's another way to look at it um I think that's way I certainly look at it it's our job to make sure that the next committee members are prepared and moving and we create the momentum and they'll take the B on from us um with respect to um Z
• 72:30 - 73:00 mentioned that you know we have to take our time this is a reflection time and it's it's for us to take the time to do what we need to do and do what we do well so I think that is um also that is well heard um we do have to with all of the things that we have to do I think the intention that I hear from the secret from us Secretariat and for us as a comedian and observers that they will get done but we resources are released at a particular pace and we so have to work according to that pace and what
• 73:00 - 73:30 what we're doing here we're setting a work program without any budget none of us work like that at home so when we are going back home with our budget is set our work plan is set then we get a budget and then we real we have a realistic work plan so I think I think maybe that is there's something to reset here and make sure that we have we do have the time this year to do that we've not done that much really and I think this is some an opportunity for us to take to get it done with respect we
• 73:30 - 74:00 talked a lot about Outreach before and we just want to put you a notice that aalon and I are going to put all of you to work in 2025 um we will be putting together a outreach program and that is going to be depend on you and we're going to use you as you are we have what 24 champions from this committee and we're going to put all of them to work um this year uh coherence and complimentarity we mentioned that I think there a few we're
• 74:00 - 74:30 doing guidance for the first time for one of our operating entities but there a lot going on in the other parts of the um of the Secretariat article six is getting off the ground article 6.4 is getting off the ground for example and article 6.8 all of it have to do with one way or another with climate Finance um we have a lot of uh NC qg took a long time to get here and they've handed over the reain to us to track and
• 74:30 - 75:00 I think that it's important in advance as far as we can as much as we can we should start a kickoff at least the Preparatory work sometime this year so that we can uh I I recall and Vicki and others who have been on this committee are hanging around the committee for a while that if you to framing of the ba framing of the needs document all of that was quite a challenge for us to to settle down and and get it done anyway uh one of the things with this committee is that when we work um we get a little
• 75:00 - 75:30 heed and everything like that but as when it does settle the quality of the output is actually really quite good so I we're expecting that we'll be focusing on that a little bit more this year just to think about it and see what it is that it would look like but at the end of the day we all work just a reminder for our new committee members and those who fitting in that a lot of the data we get come from our stakeholders and our part ners and you know data doesn't just appear like that as yet maybe we'll have
• 75:30 - 76:00 a gbt version that that does happen but um so we have to work with them so that we can tell them what information we need so they can start to collect it and finally we want to make sure that I know we we are created from a a process of negotiations it's a lot of politics involved but I do think that the word the committee have tried to stick to all the time is evidence-based and that takes time and it's a little bit boring
• 76:00 - 76:30 but it takes time and um at the end of the day that is what I think we we're going to try and aim for and um to make sure that we are you know ahead of the curve maybe if we can take this year to to do that so our data um providers and information providers will prioritize our work um knowing that all over the world as others have said um Z and our advisers our sorry observers have said that this is a this is a change in year I mean it
• 76:30 - 77:00 could be for the good better so we have to have an open mind and whatever it is the SCF need to change as well and to adapt to what is happening and to um to grow as well use it as an opportunity to grow and do better and set the foundation for the next three years also so that's what I'm basically trying to hear from everything that we are hearing from all of you and um so we're going to take a break now and we are going aalon and I going to work for the secretaria to get information on the budget aalon
• 77:00 - 77:30 yes uh just to be to I want also to reassure you we will not dramatically change the work of the SCF so the core work of the SCF will continue so we will improve the accurancy with more data and maybe also with exchange with experts to improve the methodology and the approach for the work but uh don't worry we will not change the the work of the SCF it is
• 77:30 - 78:00 a technical body we will try only to improve uh our uh uh way to work more the accurancy and also to rely on more data and uh more uh accurate methodology and approaches to address uh I would say not the new mandate but more um to address the concern expressed here in our discussion and also in the
• 78:00 - 78:30 dynamic um Financial architecture because this is the current situation and uh with this maybe we can have a coffee break because we bored you with all this discussion it's time to take a break so enjoy your coffee we will reconvene at 11 and 15 15 past 11 20 past
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• 114:00 - 114:30 back so we have the Quorum so we can uh start with um agenda item five 225 Forum of the standing committee on finance at this meeting we invite members to appoint co- facilitators for the work consider submissions received in response to the call for inputs and possible sub teams of the Forum and consider the draft program outline of the 2025 Forum of the cendy committee on
• 114:30 - 115:00 finance first of all we would like to invite the SCF to appoint co- facilitators on the Forum who will lead and guide technical Works in organizing The Forum during the meetings and intersectionally so let's appoint the co- facilitators uh I can take the floor to uh on behalf of A1 members to propose
• 115:00 - 115:30 Bri to continue the work the the great work already done together also with Elena last year for the Forum so if breit and colleagues accept I will propose Brit I see also Karima yes thank you aonia just to support um your proposal that bre continues the work on the Forum thank you and then for Nona next
• 115:30 - 116:00 one okay I if I um so I would like to nominate Elena without asking her or Consulting with her that if she can continue please we pray for the excellent work that you did um last year um thanks we have all the pleasure to confirm uh Elena and uh and Brit as the co- facilitators for this work stream
• 116:00 - 116:30 you have the support of the SCF members in leading this work and we thank you for your commitment I will give now the floor to you to facilitate this item over to you Elena thank you co-chair uh co-chairs um I think and thank you to the committee for reelecting us as co- facilitators for the Forum this year um and we're really happy to to take on this
• 116:30 - 117:00 challenge again this year um so for for for the purpose of of um this session we want to start with a recap um at last year's meeting at SCF 35 uh the committee accepted the offer from the food and agricultural organization to host um our forum uh at the headquarters at their headquarters in Rome um from the 8th to the 9th of September 2025 subject to the availability of
• 117:00 - 117:30 financial resources and confirmation of the hosting Arrangements um at that meeting the SCF also agreed on the intersectional activities and that include included a call for inputs on information and case studies relating to the topic and possible sub themes uh of the Forum and the SCF also agreed to continue discussing possible sub themes at this meeting based on the comments uh and submissions um so with regards to the
• 117:30 - 118:00 submissions um in the synthesis report um there was in response to the caller inputs uh as of today there have been 28 submissions um received including a latest one from from Molly all the submissions can be found uh in on the for website so for for parties and observers to to take a look we are extremely grateful to all the submitters for their strong interest in
• 118:00 - 118:30 the outcomes of this forum um and for all their Rich contributions to to the to the C call for inputs um the submissions have provided evidence and information that we may further explore to develop the Forum program um examples and case studies related to financing sustainable Food Systems and agriculture and additional uh Sub sub themes for our consideration um in the program of the Forum to support our deliberations um on
• 118:30 - 119:00 the Forum the Secretariat has prepared a synthesis based on the submissions received as as at the 8th of February it's included in the annex one of the background note document that you received I believe to days ago um please note that the synthesis paper will be updated inter session to reflect all the submissions received after February 8th um so with that I want to now um invite
• 119:00 - 119:30 the Secretariat to briefly present um the synthesis um of the submissions to committee thank you very much uh
• 119:30 - 120:00 citator um on behalf of Secretariat it's my pleasure to present the synthesis of submissions on the Forum this document from uh uh this document uh reflects the U the snapshot of submissions received from partisan observers on financing sustainable Food Systems and agriculture identifying key trends challenges and opportunities more details uh about the syntheses can be found um in the document uploaded in the SDF documents
• 120:00 - 120:30 page so this sentence document provides a summary of submissions receiv on Paran observers um offering insights into key issues challenges and opportunities in financing sustainable Food Systems and agriculture as of February 8th um we have received 24 submissions by then um reflecting perspectives from governments International organizations financi institutions and Civil Society so any additional submissions received after that date uh the the those submissions
• 120:30 - 121:00 will be reflected in the in the next iteration so this document is a working document um it will continue to be updated based on additional submissions received it also can serve as a substantive input to The Forum to guide participants in understanding the latest thinking and approaches in mobilizing finance for sustainable Food Systems and agriculture setting the stage for informed discussions and actionable outcomes from The
• 121:00 - 121:30 Forum as the secretary analyzed the submissions received five or rather six overarching themes have emerged reflecting the key priorities and challenges in financing uh sustainable Food Systems and agriculture so first the importance of financing sustainable Food Systems and agriculture the suspensions are emphasized that these sectors are not only highly vulnerable to climate change but are Central to climate Solutions second policy coherence and linkages
• 121:30 - 122:00 effective financing requires coherence between climate Agricultural and development policies ensuring that Finance flows uh support these objectives of ndcs naaps and sdgs will enhance long-term impact third the financing Nexus of adaptation mitigation and loss and damage so submissions highlight the need for integrated approaches to financing that addresses uh multiple objectives simultaneously strengthening resilience
• 122:00 - 122:30 uh reducing emissions and supporting communities facing climate related losses fourth the role of financial instruments and sources and uh Innovative Financial mechanisms um investment must be expanded through public and private sources and instruments such as uh public private uh Partnerships Blended Finance Insurance mechanisms that ensure long-term sustainability fifth addressing capacity gaps and inclusion many submission
• 122:30 - 123:00 stress that Finance must be more accessible for Farmers women Youth and Indigenous peoples and local communities and lastly enhancing transparency data and monitoring for Effective Finance accurate uh tracking of Finance remains a challenge and sub missions call for improved financial reporting accountability mechanisms and digital tools to enhance transparency the climate change is always uh already um having a significant impact on food security and agricultureal Supply chains
• 123:00 - 123:30 submissions speak to Rising temperatures erratic rainfall and extreme weather events that are threatening Productions with rural communities and small farmers on the front lines the consequence are severe over 100 million people are projected to fall into extreme poverty by 2030 if urgent action is not taken at the same time for system and agriculture contribute nearly onethird of global ghg emissions um despite these challenges uh
• 123:30 - 124:00 submissions point to food ststems and agriculture can be part of the solution there's an urgent need for adequate financing to enable a just and sustainable transition currently Agri Food Systems receive just 4.3 of total climate Finance while estimates suggest that 1.1 USD trillion per year is required to transition to climate resilient and sustainable Food Systems and agriculture at present annual investment in sustainable Agri Food Systems stand only at USD 28.5 billion
• 124:00 - 124:30 far below what is needed this Gap is further compounded by three major challenges according to submissions first a lack of comprehensive planning for financial needs second a severe shortfall in available finance and third data limitations that make it difficult to track where funds are going and assess their impact addressing these barriers is critical to ensuring effective resource mobilization to unlock financing for sustainable Transformations um submissions highlight
• 124:30 - 125:00 three key areas of action first expanding the role of public private Partnerships financial instruments and sources and development Finance institutions in driving the transition second strengthening coherence and develop development Finance strategies to scale up investment in food system and Agriculture and third redirecting public and private Capital towards climate resilient food production and Agriculture and repurposing Financial incentives moving on to the uh policy
• 125:00 - 125:30 coherence and linkages um submissions point out that uh for climate Finance to effectively support Food Systems agriculture it must be consistent with long-term policy Frameworks submissions highlight the need for strongl stronger Integrations of financing into ndcs and naps and sdgs this alignment ensures that climate Finance is not just re active but it but is embedded within the national development strategies creating stability and long-term investment
• 125:30 - 126:00 Pathways many submissions point out one of the most critical areas for reform is agricultural subsidies currently many public Financial incentives support conventional agriculture models that may not be aligned with sustainability goals redirecting these subsidies towards climate resilient and regenerative agriculture is essential to access to accelerating the the transition towards more resilient Food Systems however this ship must be carefully managed to support effective stakeholders
• 126:00 - 126:30 particularly small holder Farmers another key challenge highlight highlighted in the submissions is the fragmentation of governance and institutional coordination effective climate Finance requires collaboration between ministries of Agriculture Finance environment and even trade as well as engagement with local governments the private sector and the financial institution strengthening institutional Frameworks will ensure that climate Finance deployed efficiently and reaches those who need it the most and finally
• 126:30 - 127:00 ensuring coherence within the ongoing un process is crucial a submission is poting out to linkages with the Sharma Shake joint work on agriculture the global go on adaptation and the nqg on climate Finance so these linkages can help align Global Climate goals with um National implementation ensuring that finances not only scaled up but also used effectively so another key theme that emerged from the submissions is the
• 127:00 - 127:30 interconnected nature of the adaptation mitigation loss and damage um financing for these areas must be designed in Agri Food Systems in a way that that reflects the interlinkages rather than treating them as separate issues so on Interlink challenges Agri food systems are both contributors to climate change and highly vulnerable to its impacts on one hand they generate one third of global GH Emissions on the other they are among the first to suffer from extreme weather events disruptions to food Productions and water SC
• 127:30 - 128:00 scarcity these challenges underscore the need for integrated climate Finance Solutions on the adaptation resilience um investment in climate resilient agriculture in is essential for strengthened adaptation Str strategies like restoring so Health ecosystem based approaches and promoting sustainable agriculture practices can ensure resilience while um while promoting long-term food Security on the mitigation potential at the same time
• 128:00 - 128:30 Agri food Agri Food Systems offer significant opportunities to reduce emissions sustainable land use processes AGR forestry and regenerative agricultures can simultaneously increase productivity and sequester Emissions on loss and damage Solutions many s point out in many regions adaptation alone is not enough climate impacts are already causing loss and damage Innovative financing Solutions such as anti anticipatory actions paramedic insurance and social
• 128:30 - 129:00 protection programs can help communities manage climate risks and recover more effectively from disasters and finally coordinated Finance these are overlapping challenges Solutions climate Finance must be better integrated across these areas submissions highlight the need for financing Frameworks that connect these different elements ensuring holistic response that maximize its impact while addressing the specific needs of vulnerable communities the missions point out that
• 129:00 - 129:30 uh firstly sources and instruments both uh established and emerging ones can unlock Finance capitals and uh and private capitals for sustainable Food Systems many submissions highlighted the importance of drisking Investments through mechanisms such as guarantees concessional loans and blooded Finance as well as grant-based financing can help attract of Investments that's needed for these uh for these sectors secondly uh Financial Innovation must be uh context specific inclusive
• 129:30 - 130:00 and designed to meet the needs of stakeholders on the ground for many farmers and Rural Enterprises access to Affordable uh Finance remain a major challenge expanding models like micr financing Digital Landing platforms and corporative finance can uh build these AB brid these gaps and promote much needed capital on the ground thirdly Insurance mechanisms offer resilient solutions for climate vulnerable Farmers
• 130:00 - 130:30 these uh instruments provide financial protection against uh extreme weather events and climate shocks helping Farmers uh recover from losses and reinvest in sustainable practices finally uh emerging tools must ensure that Investments are inst structured for long-term sustainability rather than reinforcing existing vulnerabilities this means ensuring that Financial flows align line with the sustainability goals avoiding investment that contribute to Def frustration soil degradation or emission intensive agriculture
• 130:30 - 131:00 practices now this slide is highlighted in many submissions which is about addressing capacity gaps and inclusions submissions emphasize the importance of financial literacy programs and capacity building initiatives to improve engagement for the for those underground fin institutions because often times Farmers women you indigenous peoples and local communities these groups lack collaterals financial literacies and the necessity networks to secure the funding so therefore a
• 131:00 - 131:30 strengthening local financial institutions cooperatives and micr financing models is essential for ensuring that Financial Resources effectively reach those most in need and participatory financing models play a critical role in empowering vulnerable groups in decision- making processes commissions also pointed out that enhancing transparency is essential for mobilizing additional resources ensuring Finance reaches those
• 131:30 - 132:00 who are need and in and enhancing the effectiveness overall of climate Finance in transforming food systems and agriculture effective climate Finance requires robust tracking and monitoring systems to assess whether financial resources are reaching their intended climate uh development objectives our submissions also highlight the need for Open Access Finance tracking improve accountability Frameworks and digital tools to enhance transparency additionally aligning
• 132:00 - 132:30 financial reporting with International Frameworks will improve credibility and comparability across Financial financing mechanisms and this is the the last slide um of my presentation which is on the role of the SCF Forum the submissions uh highlight several key expectations from The Forum the first is the facilitating knowledge exchange The Forum should serve as a platform to share best practices experience and Lessons Learned in financing sustainable
• 132:30 - 133:00 Food Systems and agriculture stakeholders can benefit from insights on what has worked in different context and what is not and how innovative solutions can be scaled up about the enhancing coordination a major challenge is the lack of alignment between um between climate Finance National policy and international processes and therefore the Forum can strengthen linkages by fostering dialogue between governments institutions and other key actors ensuring that financing strategies are
• 133:00 - 133:30 integrated and mutually enforcing and on identifying uh ways to scale up both public and private investment also key expectation from many uh submissions The Forum can explore opportunities for leveraging different financing sources and instruments including including climate funds mdbs and private seor invest ments to accelerate the transition to sustainable food system and agriculture second to last um addressing barriers um submissions highlight
• 133:30 - 134:00 several constraints um including limited access to finance capacity gaps and policy misalignment The Forum can serve as a space for cut targeted discussions on overcoming these challenges identifying solutions that can make climate fines more accessible and effective for small holder Farmers local communities and Agri businesses and finally informing the future work submissions highlighted that the discussions at The Forum will not only support immediate actions but also contribute to ongoing work of the SCF
• 134:00 - 134:30 and broader climate Finance process under the UNC insights generated uh from The Forum can help shape future priorities and guide decision- making and scaling of financing for these two very important uh sectors U thank you for listening um this uh presentation does not do justice to the rich discourse and the information containing submissions I encourage everyone to look at the submissions that's available on the website thank you very much thank you so much um Noah for that
• 134:30 - 135:00 fine summary of a very extend synthesis that summarizes 24 submissions as at that date um so with that um so my fellow co- facilitator and I have prepared an outline of the two-day Forum program as contained in Annex two of uh the background uh document the outline is based on the submissions and discussions held at SCF 35 and aims to capture the important
• 135:00 - 135:30 issues presented um we will briefly now uh go through the outline of the proposal as how how it's been structured so if we if we see the the the uh the proposed structure on day one we have uh a session that will serve as like we call a curtain razor um exploring the policy Nexus of climate Agriculture and food security and enhancing understanding on
• 135:30 - 136:00 the issue to frame The Forum deliberations it will also focus on the particular challenges faced by small holder Farmers I think um the the thinking um with with Britain myself um on with this uh this particular session I think we found it very useful in last year's Forum to have that sort of introductory uh session as to what this the theme is and how that relates to uh then everything that's that's to come in
• 136:00 - 136:30 in the following uh sessions and throughout the Forum sort of like a like a scene Setter then SE session two will then focus on increasing Finance flows to Food Systems and agric agriculture by tracking Finance flows identifying gaps and opportunities session three will tackle policy coherence and linkages between Financial flows policies and governance Frameworks uh this will then lead into
• 136:30 - 137:00 uh breakout groups um these sessions so it we are we're proposing that the Forum continues to utilize the format of breakout groups um as these allow for deeper discussions on the issues at hand both on the sessions and by breaking these issues breaking down these issues uh hearing various perspectives and creating a shared understanding among participants so with that Spirit we are sort of proposing that throughout the Forum the breakout groups focus on key
• 137:00 - 137:30 stakeholder perspectives uh so you'll see you'll see on on on the on the screen for example there's an example of a breakout group with a perspective from the government uh a breakout group from the perspective of financial institutions and the private sector and potentially another from the uh small um farmers an perspective so as an example of what the breakout groups could look like um so with that we move on to to
• 137:30 - 138:00 day two um so day two will focus on scaling up finance and strengthening implementation so then we move into session four with uh which will discuss ex existing and Innovative sources and instruments session five uh will focus on capacity building strengthening institutional ready improving access and enhancing monitoring and then the final session session six uh will'll summarize key
• 138:00 - 138:30 findings and identify recommendations and action points for the various actors uh involved so with that I want you we want you uh you all to note that the session titles are tentative and meant as an introduction of the topic um as always my fellow co- facilitator um and I will balance in the discussion of the topics the Contex context of different regions as well as economic and climatic context um as a
• 138:30 - 139:00 basis for identifying case studies and presentations with that I know it's a lot to take in so with that uh we would now like to open the floor uh to invite your views on the draft outline as proposed by both by both my fellow co- facilitator and I and the Secretariat's synthesis paper so with that I pass it on to Brit to lead the floor Thanks Elena and thank you again Noah uh for the presentation um I think we're really lucky this year
• 139:00 - 139:30 that we did set the the topic for the Forum two years ago because it's given us so much time to prepare um and as Elena outlined at the start we have a partnership with the FAO in in our work this year um which is a really valuable Cooperative effort for us we also have had the opportunity to have these rich inputs of submission so early in the the year so this is more submissions than we've previously I think received for for the Forum so already we're getting really robust um stakeholder engagement um and we're at a really early part of
• 139:30 - 140:00 the year with respect to how we're planning for the Forum which will mean we be hopefully be able to get uh a really strong list of speakers um and presenters and participants as well um so with that um opening the floor to SCF members for your views on um the draft program outline um or anything else you'd like to share thank you very much Elena and and Brit and uh thanks and congratulations for
• 140:00 - 140:30 you know the outline already which um looks I think already in very in very good shape um of course this discussion is uh is very important and we look forward to see a very productive and inclusive uh Forum to be taking place in Rome at the AO uh so I think we already have a very good context in which you know already the main Hub of agriculture in in Rome
• 140:30 - 141:00 will be involved um maybe uh just a few comments so in general with respect to and thanks to the Secretariat for the presentation with respect to the synthesis and the titles that emerged from uh uh from the submissions in general I think we may want to mainstream integrate a little bit more some of the elements of this submission into what is already in the outline in a way I I think um you know
• 141:00 - 141:30 the what what emerged from the submission don't look really like subtopics but as issues that can be integrated into those uh um uh subtopics and in the outline so including for example transparency this is definitely one element that I don't see very clearly reflected now in the outline but again it could be integrated I guess easily h i very much like the breakout groups before uh this session on strengthening policy and coherence so I
• 141:30 - 142:00 really hope that that that that um session would be you know uh coming back uh to share also um the uh perspective the different perspectives and and issues that emerged of in the breakout groups maybe I would see some elements um more I mean more clear elements on gender probably in this outline um as as I think it emerged already in our preliminary discussion on on
• 142:00 - 142:30 subtopics and um also another element that we would like to see is probably a little more elaboration and um a little bit clear clearer message on um the co- benefits between mitigation and adaptation I think it's something that emerged also from the submission but maybe uh you know how agriculture is really at the Crossroad between the two and how the um the co benefits might be uh a little bit more um analyzed and and
• 142:30 - 143:00 um and disentangled so to say uh and this can be also addressed in session two when we speak about scaling up financing because we know that of course it's about scaling up financing but it's also about mainstreaming um you know ad adaptation and um um co- benefits into other financing streams so that's that's very
• 143:00 - 143:30 important uh yes I would leave that there um but of course with the reserving the right to come back thanks thank you so much kma so from that I've taken down that we could probably do some more work with respect to mainstreaming issues across topics including on transparency co- benefits and gender um and we can take that into account when we're considering different presentations um and and affirming what Elena touched on before is that we will be thinking about how we make sure we reflect all different economic climate
• 143:30 - 144:00 and other social contexts throughout the Forum um and thank you for your feedback on the stakeholder focus in the breakup groups I think that's something we'll continue throughout the session as well so it's good to hear that feedback um I have Diego and then steam next on my list thank you very much Britany ER as this is my first taking time taking the floor uh congratulations to co- facilitators
• 144:00 - 144:30 congratulations to the co-chairs of the committee we are in in a good hands ER I also extend our war welcome to the committee H to the to the new members uh I share U the views of those who spoke in the before point we are facing a year of multiple CH challenges and our contributions will be essential however I believe our Focus uh
• 144:30 - 145:00 should not be only on the quantity of information we produce but rather on how uh our work and reports can effectively contribute to the to the climate fin Finance issue regarding the Forum I thank the co-facilitators and the secretaria for the information provided I believe we have made important progress in coordination with the fa
• 145:00 - 145:30 FAO however I find important to incorporate other actors in The Forum First International found of Agriculture development the UN organization dedicated to finance agriculture it contribution it will be important taking account it organization work Works financing agriculture second uh when discussing uh agriculture issues it is essential to include
• 145:30 - 146:00 indigenous indigenous and uh peans and local communities in the in the debate as well as in particular indigenous and pean women in many regions and in many communities hold the knowledge and wisdom of for sustainable agriculture thank you thank you Diego and I think your comments are well reflected in a lot of the submissions we read um there is a
• 146:00 - 146:30 great desire to bring in as many relevant organizations as possible so I've made note of the two that you referenced and um we also noted that a lot of the submissions reflected on the importance of drawing on the perspectives of indigenous peoples and local communities and the intersection there with with gender um so we'll take note of that and be sure to to pick up on that as we continue to develop uh the program so thank you for your comments um St thank you very much Brit and maybe starting off as well with congratulating
• 146:30 - 147:00 the co-chairs and the co- facilitators for their reappointment um and also thank you very much for the Secretariat For the synthesis of the submissions I think that's very helpful and I think it's also very encouraging to see that we already received 28 submissions I think it's very much a sign of great interest from parties and on party stakeholders so um I think that's a very good um start uh and then maybe looking at the um different sessions I think the outline looks very good in full support of what Gara already said about breakout groups I think that's a very uh good way
• 147:00 - 147:30 uh to also have various views reflected in the Forum but then if we're looking at um session two I was wondering the last part of session two refers to um the tracking of financial flows but then in session five we speak about enhancing data system monitoring framework so more transparency elements so I was wondering if we could merge both of them together that you put tracking and transparency elements maybe I don't know if it has to be a separate session but maybe merge both items uh together so that would be a suggestion from my side thank
• 147:30 - 148:00 you thank you steam we'll look into that and we'll reflect on that with the constructive um Appo I have you next thank you Brit and uh thank you also to the secretary at the work to analyze the the submissions that we received and thanks also to observers to for their submissions interesting topic this year um my main com my first comment is on the title of the first session since this is setting
• 148:00 - 148:30 the context I will suggest to add also food system because food system and food security should be I can understand that food security is one of the topic and the priority from many submissions but the the our topic is on food system so my proposal is understanding the climate agriculture food system and food security Nexus it's really important that when we set the context we said the context um then I will suggest also to
• 148:30 - 149:00 have a focus on a regional aspect because um uh the link between uh the food system food security and climate change is also context dependent so it's really important that we have a focus I don't know backout group on Reg aspects something that can because for instance the EU uh the issues related to EU and food system security may be different from those from other regions
• 149:00 - 149:30 so it's really important that we can um give a space uh to all uh in this context um and then on day two U I'm sorry but the session four and five maybe it's only the title but I'm a little bit confused that is focused only on finance for sustainable Food Systems I don't see the link with climate change and uh maybe you have already on mind the ideas but uh um it's on the uh
• 149:30 - 150:00 Financial sources and instruments for sustainable Food Systems and agriculture but I don't see the link to climate change uh maybe we need to reflect on this because uh uh is uh the fin the sustain the standing committee on finance Finance Forum together with FAO and this is the topic but um I think that we should think about uh how these two sessions can be fit for purpose so
• 150:00 - 150:30 is a reflection uh that you can if you can do it over to you thank you Appo um I think your comment on food security Food Systems Nexus is a is a good one we'll make sure we we reflect the language Food Systems um as it's the topic of the The Forum but note that food security is is something which is also discussed by our colleagues a lot in the um in the agriculture rooms um and and it's importance for a lot of members and it's reflected in a lot of
• 150:30 - 151:00 the submissions so we we'll make sure to balance balance it out yeah yes we can absolutely do that um taking note of your point on the regional aspects as well we'll make sure to to reflect that throughout the Forum as appropriate um and yes rest assured it'll always be connected to climate change um we can make sure it's reflected in the session title of course as well but absolutely there's nothing in the Forum that will not be disconnected um from climate we'll make sure there's a climate lens to all of the components
• 151:00 - 151:30 but thank you for raising that um satak I've got you next thank you thank you chair and thank you the Secretariat for the presentation on the synthesis report on the SCS Forum findings in fact food system and agriculture is the backbone for the civilization for humankind so it's it's uh not completely linked to the finance it is the it is the basic basic human rights and this
• 151:30 - 152:00 sector is mostly impacted by the climate change but I found very little on the food system covers both fisheries and livestock as well but this report livestock particularly but it's linked strongly with the mitigation as well so there is a gap on fishery sector and the livestock sector as well and particularly on this report actually in country context International context we are highlighting the
• 152:00 - 152:30 challenges problems but how the technology Finance goes through the small holder F or marginalized that is actually Missing Link in in National level as well that actually those who who are infected mostly they are not getting the support in fact in agriculture particularly the technology focuses mainly on adaptation mitigation technology also important but
• 152:30 - 153:00 it is different from country to Country Place to Place National local but technological Gap is huge in climate change adaptation resilient variety variety which is important for Africa but can might not be applicable for Bangladesh so there is no International mechanism as well to to research and Technology findings technology Gap and and reaching the technology to the marginalized people in fact in some countries part in our country see they are becoming extinct in fact because
• 153:00 - 153:30 they are impacted every year climate and they don't have financial and technological support and another important actually these sector is mostly mostly not financially viable viable sector if in future the marget I they are working on that if give up this work then what will happen for the global community so in that context is
• 153:30 - 154:00 regarding financing actually uh Grant based financing Blended financing government PPP actually lots of Works needs to be done so that it is workable it is innovative and as well as feasible for the marginalized people I think more highlight we should highlight more on this issue that so that that financing although it said only 4.3% financing goes to the agriculture but whatever it's going on May maybe not usable with
• 154:00 - 154:30 the marginalized f for Farmer for for that we need to work on that so that the money should be should be increased as well as it it should be Reed to the to the people those who need mostly and regarding technology what I said there is no International workable or feasible option right now on technological issue and we need to highlight that that issue as well thank
• 154:30 - 155:00 you you thank you so much for those comments um I think that's a good point on the fact that food systems and agriculture also include fisheries and livestocks will be sure to take that into account as we're developing the the program further um and also the multi-g governance perspectives as well I think that's really valuable um one of the things we always do in the Forum is ensure that we're focusing on all sources of finance and so thinking about how you scale up um all all kinds of Finance not just private Finance but also Public Finance and grant-based
• 155:00 - 155:30 financing will inevitably part of those discussions but we'll make sure to create space for that too so thank you for your comments um I have Gabby next thank you Brit and Elena and thanks to the Secretariat for the very interesting uh background document um I learned a lot so already uh looking forward to the Forum and more learning opportunity from our end uh it was was really great to see similar to others that we have so
• 155:30 - 156:00 many submissions and such a great interest in the topic um I have uh one question and that's how you target um who do you target with private sector there's a reference to private sector uh in the uh the breakout groups um and in session two um and then you also have smmes in breakout group three which of course is also private sector so I was just wondering what what you were thinking of when you were writing um
• 156:00 - 156:30 private sector there um and then uh there's a potential overlap between session two and four on scaling up versus leveraging Finance I guess just a different term making sure that you you dare uh don't have have overlap of activities but um I understand it's a very rough program so I trust you and the further evolution of that um and I also realized that our submission came very late and fully recognized that you
• 156:30 - 157:00 didn't have time to integrate that into the background note and we trust you to take our suggestions forward as you further evolve uh we made some very concrete suggestions for speakers you could uh ask um and so on and in that Set uh just a comment that won't surprise you um we would want to see um a diverse set of speakers if possible uh considering gender representation but also Geographic and stakeholder
• 157:00 - 157:30 representation including also um the iplcs uh as we've heard and youth um and uh yeah congratulations on your appointment looking forward to work with you thanks thanks Gabby um we'll take A View to ensuring we don't duplicate things with the scaling up and leveraging points I think as as soon as we start to flesh out the the different um Forum topic discussions more it'll be easier for us to detangle those um but I think we can expect there will be a
• 157:30 - 158:00 degree of of duplication across the board but we'll try to do what we can to avoid that I think the question on who are we talking about when we talk about the private sector is actually something The Forum should discuss because the private sector in in ag and Food Systems is very different depending on on where you are in the world and um what country you're in because the private sector in a Australia is going to look very different to the the private sector in Namibia um and so I think that's actually contributes to the richness of those discussions um but we do have a separate farmer andme perspective sort
• 158:00 - 158:30 of breakout group so we are intentionally trying to to create different spaces for sort of large scale private sector discussions and then also the more contextualized discussions and experiences of the smes on the ground but we'll we'll take that into consideration as well and um yes Australia's submission also came in very late so I think Australia New Zealand swi andal are submissions we'll need to integrate and I think we have a few submissions we're still expecting to come in so we'll we'll do those um and taking note of your comments on diversity of speakers um absolutely
• 158:30 - 159:00 something we're committed to doing um I have uh Vicki next on my list um and then we've got a few more hands before we try and create some space for our observers as also to comment Vicki thank you Anna oh I got the message I'll keep it brief um no but yeah I think many interesting points have already been raised um and mine are a bit on on a different level I think I mean first I I also want to thank uh for doing all this hard work I I mean you
• 159:00 - 159:30 say congratulations I say best of luck with this because I do think it is a challenging uh topic by by making sure that you have the whole view but I I fully trust uh both of you and doing a great job and I also want to thank the Secretariat For the synthesis document I do think it's a very interesting document but I I I want to give him message to myself and all other SCF members we should read all these submissions because I think there's a wealth of information there that is being delivered now um so even if there is a synthesis document that shouldn't I
• 159:30 - 160:00 mean we are here to to really learn and I think that the fora always give us this this opportunity to really go into um certain topics so yeah let's let's make that work um two more points one is on the the issue of tracking and now I'm not I mean I think Ste made a good point about the the the the the how it's framed in a discussion um I'm more now talking as a project coordinator from Flemish climate action uh support um for
• 160:00 - 160:30 me the tracking Financial flows and triggered a little bit with with what Noah mentioned during his synthesis um presentation it's not only the Post tracking of what is been delivered that is actually making sure that it is there to to I mean it is the it sold us the whole setup of project call or whatever or a program and and also uh following up on the projects at the same time so this I mean to me because when we talk about tracking within UNC it's so the
• 160:30 - 161:00 post expost tracking well this is this is more of an ongoing exercise and that should also be um taken into account where we have discussions but happy to bring that up in Rome myself um then one more point and I might might make it a bit more difficult but I think the ship has sailed I was wondering if at the form itself there could also be kind of an expo space or something where people who are actually um delivering projects or um yeah could could actually you know
• 161:00 - 161:30 have an exchange a like a kind of a network space where people could just you know talk to each other and and see how it works so it's not just you know in breakout groups but also more of a loose thing I know this is probably a bit too late uh to work on but it I think it's it's useful to to have those um things as well thank you yeah I'd like that last idea um I I don't think it's too late for us to talk about the possibility of creating more space for
• 161:30 - 162:00 dialogue and exchange outside of the Forum it's really valuable we can get these stakeholders together to exchange ideas so we'll we'll take that on board and we'll look into that and see what's possible um and and well noted on your point on on tracking we'll keep that in mind as well as to how we shape the Forum um I have I soon next and then I've got Tony and Ian and then we'll then we'll move on to observers oh and Diane sorry um thank you secretar for providing program outline for the for
• 162:00 - 162:30 the Forum and in general I agree with the outline and I have three point for your consideration uh financing for sustainable food system and agriculture sectors are highly region specific requiring tailor the strategy that take into account the different region and environmental conditions uh in this context incorporating Regional scale case studies could facilitate discussions on best practices and
• 162:30 - 163:00 challenges in specific Tech context in particular focusing on handon applications in regions where agriculture plays a major role in the economy would make a discussions more meaningful uh on breakout groups I think these groups can be an effective format to incorporate diverse stakeholder perspectives and I'd like to make a few suggestions regarding the proposed uh B group sessions in the draft program
• 163:00 - 163:30 online uh first separating government and financial institutions particularly public financial institution May hinder discussion from effective link linkage between policies and financial flows so I suggest that group one focus on public sector perspectives which include covering the overall process from government policy formulation to implementation through the public financial
• 163:30 - 164:00 institution uh while group number two centers on private sector perspectives which include um private financial institutions and their role in mobilizing Financial Resources um second uh I recognize that the topic of expanding Financial Resources for uh vulnerable groups such as us Farmers women and Indigenous people uh is included as a part of broader theme for session five uh I welcome the inclusion
• 164:00 - 164:30 but uh currently there's no dedicated session for this topic and I suggest uh adding an additional breakout group that focuses on this vable groups um finally on outle uh scaling of financing for sustainable food system and agriculture requires stronger C collaboration and commitment to co-financing Opportunities from climate Finance
• 164:30 - 165:00 providers more active Outreach and targeted invitation are needed to ensure broader participation by diverse stakeholders uh and at this stage I'm wondering whether the Forum uh could F could uh could serve as a platform that that just simply that that um that could be a chance of networking opportunity or it could go one step further so actually can facilitate a concrete uh idea which
• 165:00 - 165:30 actually deliver a project and project and strengthen the the in investment pipeline that's it thank you thank you very much um for those Rich comments Elena and I will look at the structure of the breakout groups and your suggestions and see what we can we can fold in from that it's really helpful um and sort of similar to to Vicki's point on the the networking space but also any other opportunities for for collaboration we'll we'll look into that
• 165:30 - 166:00 as well and see what might be possible there so thank you for your comments um chy um thank you and at the outset congratulate both the co- facilitators um and also uh wish you best of luck for this is a very complex subject if I may say um now some of the issues that we wanted to flag out flag uh here was that this discussion in know
• 166:00 - 166:30 of a subject of um of the of Agriculture actually is um is it doesn't really um reflect the complexities that agriculture has at present so it's not as if uh the developed countries you know discussions if they get rooted in in on issues that relate to the developed countries would
• 166:30 - 167:00 necessarily actually address aspects that concern the developing countries so if you're going to talk about sustainable Food Systems in agriculture we need to have uh the regional representation very clearly made out um because the regional concerns even with IND developing countries are very different and these need to be actually fleshed out properly for it to be a representational discussion otherwise it will just be shoved aside as as a
• 167:00 - 167:30 discussion that is actually a small part of the whole whole and unless we want to go down that path so um from my point of view there needs to be U outright informational um campaign if I may say so because 24 or 28 inform you know we have received documents but if I was looking through them Asia is there in one or two but Asia is too big and and and one or two is not enough um clearly
• 167:30 - 168:00 nothing from India so so we need to get our act together and um give our submissions which we will um but um at the I mean we have it's a country with 17 agroclimatic zones it's it's it's highly diverse and the challenges across the country are absolutely different from each other and um so a regional representation and a developmental uh concern aspect needs to be factored in
• 168:00 - 168:30 for for which information needs to be send send out so that you get inputs and and and references and and papers from concerned um entities across um the world I'm I'm and not just one region or a few regions um on the breakout group uh there is um again um we need Equitable uh representation across so so just sounding that out but also uh maybe
• 168:30 - 169:00 a discussion on financing of uh so much of how you would handle uh sustainable Food Systems in agriculture would be on how uh research and development and how do you f fund research and development uh climate resilient seeds the the the sustain stainable agriculture practices research in that um traditional systems of uh agriculture practices which might be um important to go back to and
• 169:00 - 169:30 perhaps uh further strengthened all of those things need to get properly highlighted so perhaps having another uh breakout Group which talks about financing of these of Agriculture of research in agriculture uh Food Systems and um sustainable Food Systems in agriculture but once the breakout group finishes its work in terms of the process in section two session two it should actually there should be a report back I presume there
• 169:30 - 170:00 will be a report back and there will be some synthesis of that report back as well in that session so that those who report back kind of are convinced with uh with what is finally put uh across as as a conclusion of session two um uh when we're talking about Financial in institutions in the breakout group to it's important to have National development Banks the national
• 170:00 - 170:30 institutions the public development Banks reflected there so I mean I'm I'm reflecting Upon A system that exists in India we have the public the the national development banks that are working with the agriculture sector to provide resources and there's nothing in the context of private sector financing in India very little actually coming in and um much of it is from our
• 170:30 - 171:00 of course we have the banks that provide because there's a priority lending to agriculture but we also have the development Banks uh that that that are funding this uh the agriculture but a lot more needs to be done Investments have not come into developing countries I mean developing countries generally have scarcity of Investments generally across many sectors agriculture is one of those which is lacking because the farmers don't even have the wherewithal
• 171:00 - 171:30 to do it so while they may bring in the working capital the capital expenditure just does not come in so so there needs to be a discussion also about the development Banks and and the kind of role that they can play there could be case studies there could be uh uh uh case studies of excellent development Banks their examples to be shared with others uh I think that's a very rich discussion which would help all of us to uh gain from there including those who
• 171:30 - 172:00 participate in it um so um I mean on the whole I think um it's important we have 28 um inputs but agriculture is perhaps uh such a subject where you could actually get multip times of that and you should get because that's when you will be able to reflect the complexity of Agriculture sector in its completeness um and and therefore an
• 172:00 - 172:30 information campaign if I'm saying that I mean is it a little too late I don't know perhaps we started early because you you knew the Forum topic ahead I think we didn't have the same thing for gender because that was discussed I think the same year but now that uh you already have uh some you know some in inputs I think there needs to be an information campaign I don't know whether you do it or whether the S whether the Secretariat sends out um
• 172:30 - 173:00 generally uh uh seeking the governments to provide inputs and the stakeholders to provide inputs I think that's very very important on a subject as complex as agriculture uh and I'll stop here thank you thank you T we did do a call for submissions um at the end of last year but um obviously we're not at ever stage closing really our out doors to receiving more information or inputs and
• 173:00 - 173:30 I encourage SCF members if you feel that your region or your country is not well represented in the the sort of scope of submissions please do encourage your relevant agencies to provide views we're very open to hearing them um and same goes for sort of your point on representation at The Forum we will be seeking to ensure there's representation um but this also comes back on us as SEF members to encourage those from our countries who who should be present to attend the Forum um but taking note um T of your excellent point
• 173:30 - 174:00 that we should be seeking to promote the Forum as broadly as possible it will help with that effort um I also took note of the important point you made on Regional representation and the diverse perspectives there maybe that's something we can take into account for a particular presentation on because I think that's that's really really interesting because it goes back to the the importance of governance perspectives taking into account those different Regional perspectives um your point on development focus and of course on research and development as well and
• 174:00 - 174:30 the role for National development Banks and ifis um so we've taken note of your comments there so thank you um I'm Ian I have you next and then Diane and then we are eating into lunchtime I'm aware but we're going to try and create space as well for our observers I thank you rney and congratulations to and Lena and good luck um uh the first point I wanted to support is on the regional representation integration of different Regional perspectives that could also be
• 174:30 - 175:00 done if uh time and space allows in the form of breakout groups uh to make sure that we um integrate all the perspective from different parts of the world which are indeed very diverse uh into the final summary to make sure that this process is as inclusive as it can get from a geographical perspective the second point I wanted to support actually was a suggestion by sedc on uh Technologies uh this is a very important topic uh there
• 175:00 - 175:30 is a separate UN General Assembly resolution on agricultural technology um and uh since uh there's a lot of emphasis on uh the local perspective the perspectives of uh indigenous peoples local communities small holder Farmers uh those are of course critical elements uh but if we do not include the technological aspects then it means that we are leaning more towards traditional knowledge and it could sort of create an
• 175:30 - 176:00 impression that only that can be an answer to um reducing vulnerability to climate change um which would be not inclusive enough so the technological aspect uh should be integrated uh into uh the discussions and a very specific but minor edit on Session One
• 176:00 - 176:30 um I of course can support aalia's points on um adding foot systems my ask would be to replace the word nexus with interlinkages because we've have different uh terms uh that have different scope like agriculture is a sector and then um you know other terms lie sort of in a different modes so uh just to rephrase understanding the climate
• 176:30 - 177:00 agriculture foot systems and foot security into linkages uh other than that overall uh the outline looks good thank you very much you thank you Ian um we'll take on board your comments on languages but not n of the titles are sort of set there indicative at this stage um and thanks for your comments on Regional perspectives and Technology we'll also think about that as we continue to build out the The Forum agenda
• 177:00 - 177:30 Diane uh thank you and thank you to both of you for your hard work um like Vicki I think you know at the Forum the on our previous for fora um you know the model that we have where you sit in a panel and then you talk for 45 minutes and then you have a couple of questions I think that the particular target audience that we want to focus on which is Farmers I'm not sure I question whether I'm not an expert them but certainly Farmers from our region um I'm not sure how much they
• 177:30 - 178:00 would appreciate that but definitely what Vicki is saying that they can get together and have an event where they can Network they could certainly um benefit from that at some point maybe after some of the presentations so they will know who to Target and who to speak to I think that would be really helpful but I think we need to be aware that um many of the persons we are talking to like where they background and where they come from and how they communicate and how what is the best way to
• 178:00 - 178:30 communicate with them and have an impact for them so that when they go back home they can share with their members and feel like they have something to take back home because on many occasion not ours but I've been to events where I am not quite sure it was productive for me to participate in those I think we want to make sure that this is a a dialogue and a networking predominantly um that would
• 178:30 - 179:00 predominate this particular type of of forum um on the issue I know we're inviting a lot of um financiers as well but I think also maybe if you can I'm sure you have done it already but look at uh if we can partner with the tech team and with ctcn to see if they can um you know advise and even support some technology providers um especially where you have innovation in that field to present um you know or put on display if we have
• 179:00 - 179:30 the budget for it if we can get some people to bring in uh some of that would be helpful to see I mean I mean our farmers in the Caribbean have been getting a lot of ideas from Facebook actually and seeing a lot of new stuff that is coming up which is actually quite um innovative live one of the problem that they face is not necessarily the financing for it which is a a big problem but to understand the quality control of it once it's ordered and it's into an island you can't not
• 179:30 - 180:00 use it but you're not sure of the quality of it how do you go about that as well as um how do you go about um purchasing it in many countries at a at a price because if you look at what a farmer would pay in Antiga or in the Caribbean as a farmer will pay in African country or Indian Country for the exact same thing it's a very different it's a wide price range like how can we like flag that and see what it is that we could do to help to with the same manufacturer and everything but
• 180:00 - 180:30 is is just completely different price this is what we're noting I mean some things like that like simple things like that could help to go along with the idea that you're going to provide financing because at the end of the day you know I'm looking at the finances that is providing and we have learned a lot of lessons in the diversity convention and other convention where and in a country as a whole right that you don't want to put farmers in debt and we do know that many countries and governments are providing a lot of
• 180:30 - 181:00 subsidies so you don't want to add more um subsidies right but maybe one way that we could do it and we've had a project in my country to do it is to see how we can um go back to the oldfashioned ideas of you know um where call it now um H the word is not coming to me but that oldfashioned idea where where they can buy bulk and get together like a cooperative and so if you know if you can bring cooperatives to see how they have been able to work with in that
• 181:00 - 181:30 space and to add value to the funds that have been borrowed so that you don't have to borrow two and three times as much as you you know you have to borrow so I think um yeah so I just wanted to make sure that we are communicating with them in a way that they stand if we can avoid the climate speak we talking climate but if we can no acronyms can we ban acronyms from the like can under door no
• 181:30 - 182:00 acronyms please and if we can keep all the language and the presentation that we all understand including the finances and if we can throw in a few technology providers who are willing to be there and um working with Partners I think that would be a good added value thanks thanks Diane I don't know if this table of people know how to speak in a language that isn't acronyms but we'll do our best I take your point I think
• 182:00 - 182:30 both with respect to the language accessibility but also the format and structure of wanting to make sure we're inclusive of the participants that might attend so we'll put some thought to that we've heard some comments on that from around the table we'll I don't have an answer immed immediately but we we'll take that on board and see what we can do and maybe come back to you at the SCF 37 with a proposal for how we can transform some of those formats um also taking on board your sort of suggestions with respect to Cooperative Solutions
• 182:30 - 183:00 and possibly us reaching out to the ctcn and the tech team to see how we can work together uh so thank you and with that I'd like to open the floor to observers I have um obviously one hand online we've got some hands in the room I also like to provide an opportunity for the FAO maybe to to speak first should they wish to just given they are our partner in this Enterprise um so maybe we can go first to the FAO and then um we'll go around to the hands in the room and and those online thanks hi good morning uh thank you very
• 183:00 - 183:30 much for co- facilitators Co SF members and my name is Makia I I am from uh fa office of climate change biodiversity environment uh first of all I would like to thank you for your this opportunity to engage and I would like to reiterate on behalf of FAO also as a host of this year's uh uh SEF Forum uh fao's commitment to work with you and welcome you all at our headquarters in Rome in September um fa recognizes the growing
• 183:30 - 184:00 importance of climate Finance for AG food system as a key um climate Solutions and as indicated in our submissions that we believe that we can contribute to this uh discussion and stand ready to devel our extensive and Network partnership experience lesson learned case studies and Technical expertise to this forum and sharing lessons um from um growing climate Finance portfolio just um to give you
• 184:00 - 184:30 some of the examples that we have been working on many of the members uh highlighted the importance of ensuring the local uh National Regional perspectives into the discussions uh we have been working with a different uh Global Climate vertical funds as well as a different uh uh projects and for for instance uh fao's portfolio on the GC GF global environment facility currently exceeds uh 1.9 billion Grands assisting
• 184:30 - 185:00 141 countries including ldcs and seeds through project that respond to local priorities deliver global environment benefits and advanc the progress of sdgs and our portfolio on DCF also expands 1.4 billion in Grants and supporting over 90 countries we also coordinate different Global initiative and programs and we would like to highlight some of the key example that we believe that that will be benefit to the discussions
• 185:00 - 185:30 for example the Food Systems integrated program that is led by FAO and eat with the support from the Global Environmental facilities uh it's it is one of the largest Agri food transformation program globally working with uh start two countries with to$ 2.2 billion US dollar in total U co- financing investment this uh uh Food Systems integrated program aims to transform Liv livestock crop and also
• 185:30 - 186:00 aquaculture and to in uh to uh transform the grood system more or sustainable aligning with national transformation Pathways another example that we believe that levage our partnership is the first partnership which is food and agriculture for sustainable transformation we are closely working with the cop presidencies and other key partners and this also aims to not only um increase the quality of the climate
• 186:00 - 186:30 uh it also increase the quality of the climate Finance not only uh targeting on the quantity of the finance we believe that this is a good example also demonstrate ensuring the how climate Finance can reach to the most vulnerable groups including farmers indigenous uh peoples and women's uh and other marginalized communities so these are just an example but we are also happy to work with you and um we are ready to uh uh identify
• 186:30 - 187:00 suitable speakers or resource persons from our extensive uh experience and knowledge in this uh Agri food system and climate finance and once again thank you uh for this opportunity and we are looking forward to welcoming you in in Rome in September thank thank you thank you very much um Maki I'm going to go online next uh we have um CI from the wfp and then we'll also do Franchesco I think who's joining us from from Farmers so uh CI over to
• 187:00 - 187:30 you thank you very much my name is Swan CI from the war food program and thank you for Co facilitators For the synthesis report and for the very Advanced uh program outline uh WF submitted its inputs uh to to a submission and we were very happy to see them reflected in the synthesis report uh we outline case studies and evidence from our program so I won't elaborate
• 187:30 - 188:00 too much on that um based on the conversation I we just wanted to to suggest three uh priorities for the Forum um that you can um uh reflect in your um um next consideration of the the program if you wish to do so uh many mention data uh and the lack of data um U and the lack of an integrated overview
• 188:00 - 188:30 of Finance flow to Agriculture and and Food Systems and and the Forum should provide an integrated overview of climate Finance flows for agriculture and Food Systems to guide the the discussion during the Forum uh many mentioned also uh context specificity um many of the most food insecure communities are also the most climate vulnerable uh yet financing for climate action for people in those vulnerable situation remains extremely
• 188:30 - 189:00 limited so we suggest to create a space or a dedicated track uh to discuss climate action for food security n humanitarian needs and food insecure context and number three and last uh to to create the space for showcasing practical case studies and Country experiences to highlight what works in strengthening resilience for Food Systems thank you very much thank you swam we we've made not of your suggestions and I'm sorry for
• 189:00 - 189:30 getting your your name wrong before thank you for your inputs uh and I'm going to go next to Franchesco from the farmers constituency thank you so much Britany and I I would like to start by congratulating lady SCF coach chairs for the reappointment like USF Forum co- facilitators and and the Secretariat like for the the synthesis of the submissions which also included a synthesis uh from of the included the
• 189:30 - 190:00 submission from the farmers constituency just to uh introduce myself as well like my name is Francesco buap I'm a policy officer at the World Farmers organization like and the co focal point for the unfc constituency I uh you can understand like this topic like speak very much to us and I I truly appreciate it like the the Nuance that the members of this group like were able like to give like to the to the
• 190:00 - 190:30 discussion and I I I would like just to touch upon like the the point made by Diane like in intervention like like the biggest challenge I think like uh we have when discussing like Finance for uh agood system is also like to to to make sure that all the actors around the table understand each other like and and and and and speak the same the same
• 190:30 - 191:00 language like uh perhaps three points like just building on on on what you you you're discussing now in the room like uh on the one side we truly appreciated the emphasis of on bringing in like the stakeholder perspectives like what we saw in the past is that sometime it may be counterproductively to uh to have a
• 191:00 - 191:30 farmers speaking to Farmers about farmers and other doors speaking like uh in their groups maybe it's good that we create like some panels where there is a farmer representative there is a government representative there is a finance representative to make sure that like they again they they speak to each other um another point like I the constituency truly appreciated like the the the focus of
• 191:30 - 192:00 the uh in the program like on uh um on the policy coherence and the capacity building and we would like to emphasize that the the role of farmer organizations and cooperatives both to uh to to ensure like the every discussion taking place at this high level reaches the ground like the Farmers on the grounds through their organization and their cooperatives and to put like good practices to scale like
• 192:00 - 192:30 so like maybe like this we think like could be emphasized like in session like three and five like and and finally I I mean I I appreciate like some comments on the gender uh perspective and in particular we think like this forum could be a good bridge to 2026 as the UN year of women Farmers uh so maybe a useful connection between the SCF Forum 2024 like and and next year as the UN
• 192:30 - 193:00 year of women farmer like and finally like the constituency and my organization the wfo which is also based in Rome like and we work closely with with Mak and then with the FAO we are happy to contribute and to continue engaging in this conversation uh we have members from all over the world like and and and we we have a network like that can reaches Farmers from all over the world we need to make sure that if we want a true diversity of
• 193:00 - 193:30 speakers we need to put the arrangements and the resources in place like for instance I I don't know how virtual participation will be an option like how do we ensure like the people can truly connect even if they're not able to travel to room in person thank you again for the opportunity and again good luck and congratulations for a great job so far thank you so much Francesco um we do normally enable virtual participation so we'll we'll absolutely look into that um
• 193:30 - 194:00 and of course it's it's agencies and constituencies like yours and W um FP who are helpful Partners For Us in this in promoting The Forum and helping us to reach your your members and so we we're going to hope to work with you to promote the Forum and and ensure the best possible attendance I've also taken note of your of your comments including on ensuring there's cross stakeholder dialogue um and an ability for actors to understand one another um and and taking note of the role of farmer organizations
• 194:00 - 194:30 in that context as well um we are well into our our lunchtime we're going to have a lot of time tomorrow where we can we can pick up discussions and we'll go straight to observers tomorrow so that we can finish the list because I don't want people to feel rushed now I'd like to hear all of you in full um but if there's no someone here who isn't going to be in attendance tomorrow and you wanted to speak now please pop your hand up otherwise we'll we'll create a list and we'll come back to this discussion tomorrow okay great thank you so much um we'll also seek to tomorrow give you an
• 194:30 - 195:00 update on the budget and Visa arrangements as well um so that you have the full picture of of where we're headed from here is he here thanks thanks very much Brett and and Elena and thank you very much for the work that you are doing uh I was listening to the conversation uh attentively uh and I'm not a farmer but I do know one thing that without water you you can't really do much farming and that and I haven't heard the issue of
• 195:00 - 195:30 water coming up in the discussion at all um I don't know maybe you can just uh highlight how the issue of water is being integrated in the topic uh the other thing is also that you will note that next year in 2026 uh both the UAE and Sagal is hosting the 2026 un Water conference I think they have it once every few years or something it'd be good to see what kind of input this process can give into that other bigger process and thanks thanks
• 195:30 - 196:00 thanks SI here for that um water was included in some of the submissions um both in the context of food systems but also um sort of adaptive farming responses to Drought Etc um and then as as part of the the broader response to how um you adapt the impacts of climate change in agricultural sector but we we'll make sure to make sure that's also captured and clear in discussions so thank you with that I hand back to our co-chairs and I'm sorry for the terrible
• 196:00 - 196:30 timekeeping that's fine I mean it's really important to have this discussion and thank you for this Rich discussion um now we have the lunch break um I would like to invite you to come back at 2 o' please you have one hour and uh but please come back at two to be in time to to start the discussion of this afternoon you are
• 196:30 - 197:00 free text uh the cafeteria there or you can go down to the food truck outside or in this long o building they usually have a on
• 197:00 - 197:30 the something they had a big view of the place but um actually members and participants just uh note that the 29th uh floor canteen is closed so please uh don't go up to the Langer Oregan there's a cafeteria here just um uh close to the atrium you can get some soups Bagels
• 197:30 - 198:00 there um for any other meal you'll have to just step out some food trucks uh outside in front of the security from where you entered this morning thank you and I don't know if they want your B back the end of the day you don't know how these people are they might they they always think of the worst of you you it's not always the positive
• 198:00 - 198:30 side this German mentality you know that not the German mentality is always when they're looking at something they don't look at the good up look at the bed that's why whenever you get come to the airport they're not looking at like tell this person is coming to come and uh uh illegally coming to my country everybody's sort of viewed from that
• 198:30 - 199:00 perspective sure I wanted to have lunch got Kish in the I I was thinking of getting the Kish but then I was thinking it's cold so it's Terri that was the thing that I didn't
• 199:00 - 199:30 decide to take that I would have had to find somewhere where I can warm up should they have a microwave or something on on the floor
• 199:30 - 200:00 congratulations Elena Adam agriculture you know when I look at agriculture I think of the old days when I was a kid to have cultural shows used to be there and then never the C and they had the rors and all all these guys like in the
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• 258:00 - 258:30 good afternoon colleagues good here um
• 258:30 - 259:00 take your seat I think we have a quum in
• 259:00 - 259:30 the room um for those of you you online we're going to resume in 2 minutes yeah
• 259:30 - 260:00 13 e
• 260:00 - 260:30 uh
• 260:30 - 261:00 um Ali we're going to resume you're online just making sure
• 261:00 - 261:30 Ali
• 261:30 - 262:00 e e
• 262:00 - 262:30 Ali are you online
• 262:30 - 263:00 oh yeah I will yeah if he is not online we can
• 263:00 - 263:30 start with the ba yes please I'm I'm fine yeah but I okay who finish at and yeah not
• 263:30 - 264:00 me so we wearing Ali and Karima um if they're not we're not we're not um racing Ali online it's very late in South Korea now
• 264:00 - 264:30 so e
• 264:30 - 265:00 okay thank you colleague I hope you had a good lunch um so now we're going to
• 265:00 - 265:30 turn to agenda item six which is draft um no this is something else which is guidance to the operating entities um so at this meeting we invited members to appoint co- facilitators for the work and agree on the approach for the preparation of the draft guidance to the operating entities in 2025 so um we're going to take this time to confirm our co- facilitators to begin
• 265:30 - 266:00 with we would like to invite the SCF to appoint co- facilitators on this matter we will lead and guide who will lead and guide the technical works on draft um draft guidance during the meetings at intersessional so I'm going to give the floor to the members Britney I was gonna second to the nomination um but I'm I'm very uh pleased and honored to um nominate my
• 266:00 - 266:30 dear friend and colleague Kima to to co- facilitate on behalf of the annex one members and I thank her for her efforts this year because I know it will be a bigger Enterprise than what we've done before um but have full faith in her ability to do it thank you thank you br I'm sure she will um El Vicki I just want to Second what Britney said so no yeah so happy that Kim
• 266:30 - 267:00 stepping up for this day thank you thank you for that uh Elena um thank you coacher and I think I want to um on on behalf of non anx1 members nominate our dear friend and colleague ali uh to guide us through this this very special mission of drafting the guidance to operating entities so thank you um Elina and I'll
• 267:00 - 267:30 second on behalf of Nana next1 um bitney still you have some okay so this will be um kima's first time so welcome and this will be a reappointment of Ali congratulations to um both of you so we'll hand over to you to facilitate the session um Ali thank you very much uh Dian uh and
• 267:30 - 268:00 and and thank you uh everybody for uh for nomina re nominating me for this very important uh agenda item uh and and for since I was coordinating with Wiki last year the same thing and and most of you are uh have served on this committee more than once uh you know that over the years this very important work has uh slightly uh taken a back seat uh and
• 268:00 - 268:30 repeatedly uh in pops uh we have received as a committee a guidance that that we should step up our or work in this this uh I accept uh the nomination and and and I I'm very happy to work with with uh Karima on on on this uh I
• 268:30 - 269:00 hope that uh that everybody has already gone through the background paper on the draft guidance and because in the background paper uh we uh me and vikii as uh previous uh co- facilitators on on this we have introduced uh uh a proposal on the draw for plan on this agenda item
• 269:00 - 269:30 and with the ultimate objective that that this year uh hopefully SCF will aim to produce a concise draft guidance text that will will be served uh as a practical basis for parties uh negotiations at cop and CMA at the upcoming C and and with uh if can I uh run through uh the proposed dra work plan at this stage or
• 269:30 - 270:00 uh or or it's it's okay thank you very much uh I'll quickly uh go through uh what we have proposed uh in the work plan uh I I've already explained that uh that the ultimate objective is uh that we come up uh at the CF uh with with a concise draft guidance text uh that can be can
• 270:00 - 270:30 serve as uh the basis of negotiation at the upcoming cop and uh what why we have proposed uh this thing uh the main reason is that the way we were working before uh uh it it it it there was very less uh time available for the committee to properly uh consider the draft guidance
• 270:30 - 271:00 and and properly especially we had very less time to properly engage with those who are the submitters of various submissions and clarify their views uh because uh there were very tight deadlines and then we all we used to time it with the annual reports of the GCF and Jeff uh that that that that usually come around mid August and and and our our last meetings are around September uh so there was like almost
• 271:00 - 271:30 always very less time available uh for for proper discussions and as a result uh what we used to do is that we come up with at the last meeting with a synthesis of views that we present and and most of the time especially the last two meetings the co- facilitators couldn't even get the mandate to streamline it and and what we used to do is that we send uh the compilation to
• 271:30 - 272:00 the cop s is along with uh obviously uh responses from the the Jeff and GCF secretariats on the practicality of some some some guidance some some guidance in the submission submissions uh with with this uh background uh uh we have proposed that that uh at at this year we will undertake some activities
• 272:00 - 272:30 I'll just run through those activities you can see in the paragraph 20 of the background paper uh the list of those activities that first of all uh we will initiate uh the substantive work on the draft guidance at the next meeting of thef S35 that is scheduled to uh be held at from 11 to 13 June 20125 and our goal uh
• 272:30 - 273:00 at uh this meeting will be to agree on the uh zero draft but before uh this second meeting just soon after this uh SCF 6 uh we will uh we plan to uh to uh to go for for the we call for submissions uh from parties and all stakeholders uh and that this that will be the first round of submissions uh and the deadline for this uh round will be
• 273:00 - 273:30 15th of April and and this will ensure us like it it will actually help us uh developing the zero audit uh that can be placed for the consideration of the committee at its next meeting in June and after uh the second meeting uh we can have the second round of submissions uh with the deadline of uh 25th of August and and by that time uh
• 273:30 - 274:00 hopefully the the reports of the uh GCF andf uh will also be available uh but one important thing I I forgot to uh mention that this year is is a bit different because we're not uh doing uh not only doing the guidance for Jeff and and GCF we are also uh be doing uh guidance for the the fund for responding
• 274:00 - 274:30 to loss and damage uh so fldd so so this these three guidance uh will take up uh this year and hopefully by the mid of August uh uh the reports of these uh end Financial entities will be available and and and these reports uh the submissions and uh and and and and actually the feedback we get from the the SCF members
• 274:30 - 275:00 at the SCF 37 will enable us to come up with a prefinal draft uh for consideration of the committee at uh SCF 38 and that is again scheduled to be held from 10 to 12 September uh uh in and and and our aim will be that that the the pre-final draft will be considered and approved by the SCF and and that that draft will be
• 275:00 - 275:30 sent as a uh negot like uh that can be said to the C for consideration as the basis of negotiation for the parties and one important aspect here I want to highlight is that that uh that while all while feed feedback of everybody is very important one important stakeholder in this whole exercise is the uh party
• 275:30 - 276:00 stakeholders which are not uh part of the uh committee and and we we as co- facilitator will be reaching out to all those who submit their views uh and we will try to have engagement with them to clarify their positions and uh so that whatever we sent as a committee uh to the call has a broader ownership of everybody uh who's there uh considering this uh as a
• 276:00 - 276:30 negotiating taxt because we really want to avoid a situation where uh whatever was sent is rejected by the cop as is an outcome of uh deliberations by uh a non inclusive sort of uh uh Club of few experts uh and and the ownership of everybody has to be ensured so that it can be taken by the cop as as as a as a
• 276:30 - 277:00 basis of negotiation then uh uh another important aspect is uh that uh that uh we we want to we already have uh in like connection to this Revis sort of work plan regarding the guidance uh first uh I've
• 277:00 - 277:30 already explained that we s out uh messages to parties after conclusion of SCF 36 to present uh its 2025 work plan and draft guidance and again invite them for submissions uh by the deadline first initial deadline of April 15 uh and then uh we also plan to attend the meetings of various Constitution constituted
• 277:30 - 278:00 bodies uh to share the work plan and and again uh try to building work uh build working relationships and provide guidance on submission preparation so be engaging with various constituted bodies uh to again uh to develop a broader ownership of our work uh within the system and and and again get guidance on the submission preparation
• 278:00 - 278:30 and uh third is our engagement with the uh co-chairs of the governing bodies of the operating entities uh and again with the aim to share uh our work plan and discuss the possibilities of aligning timelines for the annual reports uh with the timelines of SCF to prepare the guidance work so uh again one limiting factor used to be the uh release of or publication of the reports by the financial entities uh
• 278:30 - 279:00 operating entities uh then uh so we will hopefully be engaging uh with their co-chair uh so that those reports can be be published in a timely manner and it should not affect our work uh because our last uh the me meeting of this year the date has already been finalized uh and uh and we we expect that all reports will be out before the convening of our
• 279:00 - 279:30 uh meeting and again we have ample time uh for uh for parties to be to read through those reports and reflect on them and then come their submissions in the light of those reports of the the the various operating entities and lastly uh we also and again I also highlighted that one of the very important aspect is that we plan to hold uh informal consultations
• 279:30 - 280:00 with the submitters both parties as well as nonp party submitters uh to clarify uh their proposals and and take into account the views while preparing the zero order draft and then the pre-final draft uh this is uh our uh is a brief uh of what uh um we I and and we keep a post uh as coacher and hopefully Kara and me will be taking forward if it's
• 280:00 - 280:30 acceptable to everybody uh within uh the committee so with this uh I uh open the the floor for uh the comments by uh our committee members and I'll be needing a little bit and holding here and I request Karima that since she is in the room she can uh coordinate from here onwards thank
• 280:30 - 281:00 you thank you thank you Ali and uh yes just uh you know to share um happiness of of being on board on this on this special issue and looking forward to working with you and the Secretariat team on um on this important topic um yes indeed so uh happy to you
• 281:00 - 281:30 know help out from the room uh uh on moderating the the floor and the session as well okay Vicki over to you thank you um yeah I'll I'll I think um no surprise I assume but the the the the draft work plan proposed by the co co-facilitators makes a lot of sense um
• 281:30 - 282:00 to me um I think it's also the timing now to to see if this is something that will deliver um better outcomes within the the SCF um and how we tackle the guidance issues so it's perhaps a little bit of we already have reset year reflection year but maybe also test year um to see if this would work to to actually have um submissions uh prior to the second SF meeting and then to also already have a discussion on the
• 282:00 - 282:30 guidance issue during the second SCF meeting um so not the whole workload is only for the third one um so yeah that's my view um thanks thanks a lot Vicki Gabby thank you thanks to you Ali and Vicky hi guys pre session hi Ali good to see you good morning good night you're still up um uh thanks for the document and well I
• 282:30 - 283:00 don't fully agree with the pro proposed approach um I think it makes sense that we use the time better and I think it makes sense not to postpone everything to the last minute of the last meeting um but I don't know if it's so realistic to ask for additional submissions from parties since they don't even manage to submit in time for the last meeting and to ask for two rounds of submissions is probably a bit too ambitious um and
• 283:00 - 283:30 what's problematic is if we put a lot of effort into it from the SCF side and then we get to cop and I'm looking at Diane she's been in that situation a lot you get to cop and then everything is ripped apart and all the work is lost um so we want to avoid that to the maximum possible and that's why I think it's important that you reach out to parties and groups of parties and the stakeholders that actually work on guidance and in the funds to better
• 283:30 - 284:00 understand first of all um are you ready to like what's your input on this are you ready to make an a written input earlier than the suggested timeline that was decided at cop CMA um what would be the key elements you would want to see in guidance like for example specific topics that you think we need to give guidance on and
• 284:00 - 284:30 then you could develop some kind of outline structure of potential themes um and for the second meeting and then parties can also use that in their written submissions if they wish of course they can always add and suggest additional topics but that way we kind of start the conversation um but I I just don't think it's it's going to be realistic that we get two rounds of submission um and
• 284:30 - 285:00 maybe an oral engagement with the people involved and a discussion of how do you want the SCF to prepare the input docu doent to cop so it's not ripped apart and directly ask them uh is most helpful um maybe that also raises the pressure on them than when we get to cop and it looks like they've suggested that they don't destroy it on the first day but maybe that's
• 285:00 - 285:30 also um positive thinking or I don't know thanks thanks a lot I think uh all of us agree with the not willing to see the our work ripped apart um Dian yeah thanks for that um so I have a similar question but for different because um normally you request um submissions based on the report of the operating entities so here it is we're requesting um submissions based on what
• 285:30 - 286:00 I'm not quite sure uh what that would be so um now because the I mean when we look at guidance and what we the um the mou with the Jeff and the arrangements that we have their guidance is based on the report from the operating entity so we kind of stepping into a little bit of uncharted waters here I think one of the discussions that we had with respect to banal um guidance is basically to allow us to do it better
• 286:00 - 286:30 so we would have been collecting information on the report that would have been submitted in 2024 right to provide guidance and so the difference between a report add and guidance provided will be 12 months which is reasonable but so what is happening now is that the operating entities are submitting a reports in September August sometimes September even as late of as October I think the GCF sometime has a very an addendum or
• 286:30 - 287:00 something like that and that um and then we give the guidance in December I mean there no operating entity that I know that has a flexibility to incorp operate into their work plan anything that was done in at a cop within something other than a 12 months okay so unfortunately one of the steps we wanted to take didn't really quite work out at the last cup but it's not clear to me what you're going to be used in the basis for the submission so going to back to what Gabriella is basically saying is that um
• 287:00 - 287:30 I I am actually quite happy with how we do guidance here regardless of how far we get it to go cuz I mean compared to I was there when there was nothing coming from the standing committee and you walk into the room with a blank sheet of paper um I think the standing committee went to a long extensive exercise I'm Jose from um Belgium went to of cab a database of guidance so that we don't repeat and we used to take out the
• 287:30 - 288:00 repetitive guidance and send that so the for some reason that too wasn't wasn't good enough and that was a a decision of the committee that that wasn't good enough so so um my recommendation my the the risk here is that if you don't have something guiding the submissions you're going to get everything right and so you're going to go into and then when you come to the report itself we now we'll have to kind of
• 288:00 - 288:30 eliminate a vast a significant amount of the submissions let's assume Gabby is not right and she's never not right that we will get a lot of submissions right so U Kara Y and Ali would have all of these submissions but it come the the second round of submissions if the information that they're requesting to be included in the guidance is not there in the report like what do you how do you treat that what do you do with that so you're basically
• 288:30 - 289:00 opening a can of worms that you will not be able to close so you're going to get to cop and and all of the parties are going to say well we made we made our you asked us for submission we made our submissions right and so we want to we see our submissions reflected there so I think that is one of the risk of course Gabby is absolutely right nobody's going to submit anything so hopefully that would be the case so that we don't have that issue but I'm just kind of saying that maybe um I'm open to trying
• 289:00 - 289:30 anything new with respect to guidance but I think this committee has never really come to appreciate how well they've done so far and made our lives easier at the cop and and then build on that right every time we threw out everything we have done before and try something new so I'm just cautioning you where where this is concerned it'll be interesting to see what would happen but we have to be prepared at the our last
• 289:30 - 290:00 meeting and come prepare to see what is the what is what what do we have and be able to go to the cop to manage risk which is something that we do all the time anyway so um but I just wanted to know what would be the basis of the submission and I'm sure you have an idea about it but if you can just limit submissions to maybe the report of 2024 they have they have um a lot of people who didn't submit for um submissions for 2024 and there may have been addendum
• 290:00 - 290:30 reports that maybe the GCF would have provided and then I'm not sure for the loss and damage fund what reports they would have done already so I'm just kind of a little bit um cautious about that thanks thank you Dian um a lot of things to to bring together but still bre please thank thank you kma and congratulations to both you and Ali for
• 290:30 - 291:00 your appointment and Ali we miss you but it's nice to see you on online um I hope we see you at the at the next SCF meeting um I'm not going to repeat the comments made by Gabby or Diane but I agree with both of them um I'm very excited about the idea of trying to do it differently because I feel for my colleagues who negotiate guidance and who are sitting there late at night for the entirety of the cop trying to draft something from scratch because what we've developed has been thrown out on
• 291:00 - 291:30 the first day so if there is a way we can develop something that the cop and the CMO will accept I think that would be great um in that respect in addition to Diane's comments around that first submission could reflect on maybe we could actually seek views from parties as to what kind of product the SCF could do which would be most helpful for them come the cop um I think this is like we said a year of reflection so it's an opportunity for us to to reflect on how we do our job best um so this is a chance just to have a dialogue with parties around what that might be um the
• 291:30 - 292:00 other thing is with respect to outreach on submissions I think if we're going to do a dual submission process we risk particularly with the the next SCF meeting not having had all party groups submit which will just make it impossible for us to progress the text because not all groupings will be represented and so I just encourage co- facilitators if we're going to go with a dual submission process that we have explicit Outreach to all of the groups to to help them be aware of this
• 292:00 - 292:30 deadline um and to to ensure that they submit on time because otherwise it'll be difficult to follow forward with the work plan if we don't have submissions from all the groups thanks sorry I was lost in thoughts uh I think I have Elena please thank you Karima and congratulations to you and and an Ali for your appointment and welcome on board Karima um I really don't want to
• 292:30 - 293:00 repeat everything because I think I I agree with what's just been said um I also have had questions on whether that first round was actually going to produce submissions to produce much um boards have really only had maybe by mid April only had their first board meeting so maybe just even considering the guidance that came in from last year so I'm not sure consider as as a if I put
• 293:00 - 293:30 myself in the position as a party I don't think we'd have much to provide guidance on in Mid April um so yeah I'm not sure if that first round will will be any helpful at all or if we we do something then if we like Dian said what if we don't get any submissions and what does that zero draft look like in your work plan it's going to be really um a shame not to have something there um but I I guess in in a in a
• 293:30 - 294:00 positive note I'm not sure if everyone all remembers but I think the cop did take in the draft guidance last year I don't I don't believe they threw out the GCF or the Jeff uh thing guidance that came from the SCF they threw it out it was a compilation but it was used as a basis wasn't thrown out so maybe we've now finally had cup or ncma acceptance of compilation that we do um and it's maybe just a matter of continuing how we
• 294:00 - 294:30 do that and more of streamlining how how that looks uh in the report or or in the version that goes to ccma um so maybe just rethinking that and that positive note that it wasn't thrown out last year thank you very much Elena I don't know if other colleagues want to take the floor or maybe online as well if if not maybe I can uh hand back
• 294:30 - 295:00 over to Ali if he wants to observ us yes I'm sorry I didn't see your hand please observ us first uh thank you for giving me the floor I speak on be Saudi Arabia speaks on behalf of the Arab group so from the party perspective and I realize most of us here parties in other form also when we negotiate the guidance um uh we are fine with any approach as long as the the the element
• 295:00 - 295:30 of reaching out to parties is key here so because whenever what we the members agree on here part parties need to be informed of and also they need to be part of that process we are uh flexible in that approach I mean I understand uh one of the key functions of the standing committee of Finance is to deliver on the guidance um and yes we did deliver uh
• 295:30 - 296:00 the committee delivered on the guidance last year but it was a compilation but in this regard we need to also as parties and as members of the Committees um to have that internal reflection if we are ready also to take this as a practical as Ali said basis of discussion you know not from a party perspective we don't want to touch on each other's red lines or not to have these negotiations so this is something
• 296:00 - 296:30 to consider also like we want to have something as practical as a smooth adoption in the cup we need to have that internal agreement as parties and the committee members that they are Keen to deliver on that otherwise again we don't want to what Gabby mentioned that we we rip this thing apart and we start opening around of submissions maybe during the negotiations um with that uh we are
• 296:30 - 297:00 flexible in any approach um and we are willing to support the able hands of Ali and Karima in that regard regard as observers here and thank you for giving me the floor thank you very much uh for for for this um so I don't know if anyone wants to come in uh colleagues or other observers line please Gabby go ahead sorry to come
• 297:00 - 297:30 in again just to make a suggestion maybe you could replace the first call for submission with an either joint oral consultation with lead negotiators of the various groups and parties for the operating the guidance to the operating entities um and then report back at the second meeting on what parties have requested that in terms of formatting or type of document that we should propose um and also use that as an
• 297:30 - 298:00 Outreach information event of that's the deadline please submit the draft guidance by then because if it's not in by then we cannot digest it and not help you in the negotiations because I think often parties also just forget about the deadline and that's why the submissions don't come in and that way maybe for the second round we have sufficient coverage um to prepare something useful in the third
• 298:00 - 298:30 meeting thanks Vicki yeah I think I mean that I think that would work um but then I would also pref like during the second SCF meeting at least have an update of that uh round of uh discussions or even already have a kind of an zero like a very light rough version of a zero draft guidance that we can then look at um during the second meeting as well um like but you maybe
• 298:30 - 299:00 that depends on what the outcome is of those discussions to see what comes out of it so I don't I mean I don't want to tide your hands Ali and Kim on how to do this because it is something new but I do think I mean yeah it might be useful especially also to inform everybody um that's fine with colleagues um and that's fine by me thanks gaban Vicki um I think it's is a I mean this is a very constructive uh
• 299:00 - 299:30 suggestion um that I think serve the purpose um but on the other side avoids U you know issues U that you raised this as well so yeah very very useful uh maybe along the the lines what you said Vicki maybe yeah maybe rather I mean in order not to go too far maybe instead of a kind of zero draft you can have really a list of topics that emerged or you know some uh ways in uh
• 299:30 - 300:00 uh in which we can reflect the discussions basically but yeah please I can uh maybe I hand over to to again thank you thank you very much uh K uh and and and we clearly uh heard uh views uh from the floor that there is uh Divergence of views on the uh two submissions approach
• 300:00 - 300:30 and and how to utilize especially the second pting but the main idea of proposing this approach was to facilitate the negotiations at cop because whatever we are doing currently uh it is uh it's it's it's not efficient uh and and and whatever we send to the cop it's either it's uh not accepted as the basis of negotiations and then uh
• 300:30 - 301:00 the negotiators had to rehash everything from scratch uh and and we have uh also heard uh very constructive proposals uh from our colleagues and in the light of those proposals uh me and Kara will will discuss and and hopefully before tomorrow we'll come up with a revised uh uh approach to you for your uh consideration and I hope uh this is
• 301:00 - 301:30 acceptable to everyone kma can you check check uh if it's uh this approach is acceptable to everybody that whether uh we should come up with a revised uh work uh work plan uh in the light of discussions uh which we held today for tomorrow yes Al I I think I agree with you probably we should uh come with an
• 301:30 - 302:00 updated uh proposal um from from our side so yeah I I don't know about the timings and modality is maybe we can check back with the with the Secretariat and yeah I think um yeah I don't see any other flag so probably colleagues are are happy about this this way forward okay thank you very much uh with this uh I conclude this agenda item discussion today and I hand uh the floor back to
• 302:00 - 302:30 the co-chair over to you Diane or abalonia thank you Ali thank you Karima uh Dian received the call so he down of this meeting but uh I mean the room sorry I'm was sleeping guidance is not so exciting topic um now we turn to agenda item 7A which is the s b annual assessment and overview of climate Finance Flows at this meeting we invite
• 302:30 - 303:00 members to appoint co- facilitators for the work discuss the scope and approach to the 7eventh ba and provide guidance on the elements of the draft of a draft annotated outline and work plan for the technical report of the 7th VA um we can we would like to invite thef to appoint co- facilitators on this matter who will lead and guide technical works during the meetings and
• 303:00 - 303:30 intersectionally so I would like to invite the SCF A1 members to appoint their co- facilitator K thank you ponia and um for the anx one side I would like to uh propose Vicki as a co- facilitator for the next ba uh continuing her excellent work um done last time
• 303:30 - 304:00 thanks and then for non anx1 I know already the name of yor facilitator but maybe you can propose
• 304:00 - 304:30 Elena um so um just want to take the opportunity to nominate um or renominate Diane to coil take the sth ba this time I she's not in but I I hope she's okay no she's okay I'm not that young but I know that she is okay on this appointment so and we are also so happy that you Vick and aan are reappointed as the co-
• 304:30 - 305:00 facilitators for this work stream and then I will give the floor to you Vicki to facilitate the discussion over to you Vicki thank you thank you aalona uh yeah so this will be our first um formal discussion 7ba so looking forward to uh to this one um and before we go into what we need to be discussing at this session uh we have a short recap uh which I will start
• 305:00 - 305:30 with on the screen e
• 305:30 - 306:00 so we having a two-minute technical break just to keep you inform and use this time to anticipate
• 306:00 - 306:30 that we will have the family photo at the end of this um discussion and then the coffe bre
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• 309:00 - 309:30 okay so I'm going to ask your attention again um yeah so first to give you just a a brief recap of um what was decided at the at the last cup so at cup 29 um noted it was noted with appreciation the
• 309:30 - 310:00 six final assessments including the summary and recommendations thereof it also noted the scf's update to its operational definition of climate Finance in the context of prepareing the 6da and reaffirmed that the CN CSF oh SCF sorry say don't ever put me after a lunch break um but reaffirm that the SCF will Contin continue its ongoing technical work on operational definitions of climate Finance in its future B assessments and overviews of
• 310:00 - 310:30 climate Finance flows um furthermore the CMA 6 noted the mapping of availability available information relevant to Article 2 paragraph 1 C of the Paris agreement including its reference to article 9 thereof PMA 6 also recalled the request to the SCF to include in its six Bal da information reported in Bal Communications under article 9 paragraph five of the Paris agreement as appropriate and also recall the request
• 310:30 - 311:00 for the SCF to consider Article 4 paragraph five of the Paris agreement in implementing its relevant mandates and work plan basically definitions article 21c article 9.5 and Article 4 um so at this session what our objectives are uh for for the meeting we you are all invited to to focus on the following action points um which has also been outlined in the background document which we all read first of all appointing co-
• 311:00 - 311:30 facilitators for the work thank you very much looking I think I can speak on of both of us we're looking forward to the next U um round of pa um secondly discussing the scope and approach to the seven binal assessments thirdly providing guidance for a work plan for the technical work of a 7ba including elements of a draft annotated outline timelines and Outreach and this is an important one for this session um as it will deliver our intersessional activities and fourthly requesting the
• 311:30 - 312:00 co-facilitators with the support of the Secretariat to develop a draft annotated outline and draft work taken into considerations inputs by SCF members for consideration at SCF 37 with that I would like to open the floor for any initial comments and Views with a suggestion that we discuss what end products we would like to have to achieve the impact we want and what we and what can then think about how the scope work plan and approach to the report can follow from
• 312:00 - 312:30 that let's see how actively you are all after the lunch break yeah sure go ahead well thank you very much Vicki and congratulations uh your appointment as a co- facilitator and those and uh uh I'd like to say ba is of course essential and very important in order to summarize the amount of the
• 312:30 - 313:00 climate Finance for two years and uh also in order to summarize the overall pictures of our discussion around climate finance and uh uh we know that there is an increased uh needs to uh make climate Finance more transparent so it is also useful to deepen discussions on the operational uh definition of climate finance and the methodology of uh uh
• 313:00 - 313:30 counting uh the climate Finance in the context of the preparation of the SP and uh I am looking forward to continuing uh such discussion and I would expect that we uh we can find some something some of the common practices of uh definition of climate finance and methodology of uh calculating but on the other hand uh it
• 313:30 - 314:00 may be difficult to make new output uh on the definition of climate Finance because as we know we have a long uh very long discussion uh on that issue so I have at that time I have not I don't have some uh no specific uh idea but uh uh we should discuss uh what output uh could be better uh on the matter of
• 314:00 - 314:30 definition uh in the context of the preparation of the seven Spa thank you thank you show any other SCF members asking the floor um followed by Gabriella I was quicker definitely thanks Vicky um and congratulations on your appointment and you as well Diane were're in good hands again um I had two brief points and
• 314:30 - 315:00 these are things we touched on in our Retreat yesterday one was and I'm not going to micromanage fully trust you to do this but as your preparing the draft outline for our review at the upcoming sessions it would be good to think about how we can use the ba7 as an exercise for us to start to ground truth on some of the NCG data Gathering um so that we're not commencing that for the first time in the context of 2028 so there could be opportunities for us to look at how we
• 315:00 - 315:30 strengthen um some of the tracking around Elements which are included in the nqg decision so paragraphs sort of 15 20 and 26 for example seem like um way things we could pick up on more in the context of the ba um and even if we can't find good dat on it I think that's a helpful finding for us as well and it gives us a chance to to discuss that in advance of of doing it for the first time in the nqg decision um so just something to think on there and to incorporate the other one is that we
• 315:30 - 316:00 discussed in our Retreat some of the challenges we have with respect to the timing of the binal assessment reports um and some of the data inputs we have on the availability of climate Finance data um obviously this is a much longer conversation and it links in with things that are outside of this agenda item as well because of the linkages with the 100 billion report um so the BTR timing and eventually of course the nqg report um so something to think about in the development of the sort of work plan for
• 316:00 - 316:30 that is facilitating a discussion amongst the SCF on possibly the the timing and some of the challenges we have on data inputs as and the availability of those for these reports and the potential of putting sort of an overview of that data challenge in the ba6 um with options for addressing it um for for the cop and CMA to to consider um thanks thank you Brit Gabriella thanks um congratulations to
• 316:30 - 317:00 you both continue to work with you uh looking forward uh keep it very brief I'm was going to cover exactly the same points as bried um and maybe you can just on the first point with the nqg data points just indicate when you revised the outline take that into account and then when you present the revised first version of the outline um how you've taken that into account and whether
• 317:00 - 317:30 there's any areas where we have big data gaps or nothing yet so we can further deliberate on that in a second meeting you thank you um yeah just those I mean so I I take on board the question about um scope on the operational definitions and yeah as you mentioned the nqg data and I think Gabby as always has a very practical way forward that that makes sense to me so I would assume for other
• 317:30 - 318:00 colleagues as well um just that you everybody has a clear view that where we can identify those data points regarding NC qg on the challenges of timing and availability of data um this is discussion that we had yesterday during the retreat and I do think um at the end but I want to express it now to make sure that I have a correct understanding um was that we would at least as SCF members um just signal what what the the
• 318:00 - 318:30 what the issue is so that at least people are aware of it and if the cup uh or the CMA decides to pick it up and and deal with it uh whatever uh uh comes out of uh that that they they would be able to take an informed decision so I do see some work for us um as well to to look into this timing issue and and just highlight different areas I think you listed correctly Brett I think it's the btrs the ba of course um and also how it relates to the 100 billion nqg and even
• 318:30 - 319:00 maybe um vmdr and I think we should take into account article 9.5 now as well because it's also in the scope of the ba so it's basically a lot of work um but yeah maybe just so I'll take that on board as well if if you agree that uh just to you know highlight what what's in there signal it and and then we can take it uh from there at the next um or tomorrow who knows but yeah I wouldn't be able to do that by tomorrow just to say um but yeah I see two more Flags uh
• 319:00 - 319:30 sadik your first an thank you Vicki and thank you Dan to take the lead in fact it is the 7th ba and it is the continuation already we identified some gaps so we should consider to fill the gaps but particularly on we have to address all the elements of article 9 particularly 9.4 9.5 and I think uh in this 7 ba we should address
• 319:30 - 320:00 the new elements of the ncq G on the on on targeting 2028 as well as tripling the finance from to the union of triples windows and I think it I'm not sure it's appropriate or not article 4. targeting article 4.5 and some elements in this beond article 4.5 of the Paris agreement as well as
• 320:00 - 320:30 2.1 C it is already mentioned it should be there and um import element of that the the definition of climate Finance should also be there thank you thank you sadik sh at the outset uh congratulations to
• 320:30 - 321:00 both of you Dan and Vicki um on this this um I I mean I understand that the elements of uh uh 9.5 def climate definition 4.5 and 2.1c would get uh reflected but the in the the discussion that we had yesterday about the data issue uh just wanted to understand would you just flag them or
• 321:00 - 321:30 would you also suggest ways in getting round it is that also to be suggested or you would just flag them yeah on the timing yeah no just be I was maybe um I would first of all explain so that everybody knows what what what the different timings are if if we you think it's useful to already come forward with Solutions but
• 321:30 - 322:00 I do think that that's more of a decision to be made at a cop level but or maybe we could but now I'm just freestyling already um have different options and see I mean like what if what if we do this what if we do that what if we do that but again as we all know the cup can be very creative and maybe there could will be other options that we don't think about yet but yeah so I would keep it factual but yeah let's see if I mean do you want us to do that shney
• 322:00 - 322:30 or a data gaps I was was timing I I was refering I was referring to the data Gap everybody sorry dat resp yeah yeah and data gaps on how to handle those yeah the data gaps but we handled by saying that there are data gaps and that there are challenges to overcome those but it's up to because the B binal assessment is a meta study it's not up to the binal assessment itself to solve those issues
• 322:30 - 323:00 we our way of handling if if um is by yeah signaling it again um okay yeah so it would just go in as as a limitation or a challenge that you're facing yes yes and then make that clear and have it perhaps in yeah well now I'm already going two years ahead uh in our recommendations like this is something that data providers should look into I mean that's that's how we do it in in in be Bal assessment
• 323:00 - 323:30 so okay I think patus was first and Elena yeah thank you coach and let me also congratulate you um like what my colleague from Bangladesh said I think uh we need to find a way on how to best find a way to to craft a functional definition of
• 323:30 - 324:00 what climate Finance is no no not an operate operative definition as as we have been theing it because I think in terms of determination of financial flaws especially between developed and developing countries I think there's need for a clear delineation of what climate Finance is for instance you cannot account for for the whole loan to be to be considered as as
• 324:00 - 324:30 climate Finance because in the end a person is paying back you you you need to to have proper accounting framework in place even if we are not to come up with a a functional definition which seems to be difficult in this process I think some functional accounting rules need to be redefined in terms of how we can how we account for what what is climate
• 324:30 - 325:00 finance and what is not so um I think um I think in this work I think need to find a way to to craft that into into this report otherwise this report remains flout and not really reflecting the reality on on on on on the ground if you look at the previous Bal assessment it it
• 325:00 - 325:30 acknowledged climate Finance having increased with more than 60% of which reaching about 1 3 trillion Anum of course I saw that Africa was excluded from the regions where those those those such such fundings were were were flowing to but um I think the large extent I I think such type of accounting are not acceptable and and do not
• 325:30 - 326:00 reflect the true reality on the ground thank you thank you patri Elena and then Karim thank you Vicki congratulations to you and Diane and um your reappointment so building a bit on on comments been made by colleagues and sort of the discussions we had yesterday as
• 326:00 - 326:30 well I think it's it's um I think one of the things that was mentioned yesterday is so talking about limitations and challenges but I think it's it's so we I think it's important as well to take a look at what the limitations have been in the past and those challenges and how can we take it one step further to start to fill in some of those limitations and and those challenges I think it's important that we strive to do that as much as possible and and how uh co- facilitators are are are you know
• 326:30 - 327:00 proposing that we we do that uh as much as possible in this new version I think that that's going to be important um agree agree with with Brit that we have to start looking at what what are those elements um of the nqg this decision that we should start to be taking into consideration some of which could be included in the ba some might not we not might not necessarily be there but it's it's part of that discussion of us thinking of the work that the committee has to be doing in the next couple of
• 327:00 - 327:30 years preparing for the nqg report um so wherever possible um things that can be start starting to take them into consideration in this new version of or edition of the seventh ba of the ba I think it's it's it's worth um having having that included within the the outline um agree that 95 I don't know it's the glamour item going to push for 95 still
• 327:30 - 328:00 forever and ever um so yeah and how that's reflected in in in the VA um agree with colleagues on the importance of having an inclusion of uh n 4.5 as well within the how that fits into the structure of the the report um and I guess the question is then is will you the the outline or the draft outline that you going to start producing um will be like a a call call call call for
• 328:00 - 328:30 submissions of SCF members how do you how do you plan or just based on the input you've heard you know you'll hear in this next couple of or Yesterday Today Tomorrow what do you will there be a call for inputs is I guess a question or more of a suggestion if possible thank you Elena then I'll give the floor to Karima and do a little summary of what I've heard at this table and then open the floor for observers mindful of time and so go ahead Kima if
• 328:30 - 329:00 so so if any other SCF men wants to take the floor it's now the time thank you Vicki um of course congratulations uh um from my side as well to both of you uh very very briefly um on the timings uh I would just support what you referred to Vicki so um that the SCF can actually a little bit brainstorm on that and propose already some Technical Solutions to tackle the timing issues because that's uh I mean that needs to be solved um sooner or later preferably sooner um
• 329:00 - 329:30 and maybe yes I mean on the climate definition climate Finance defition of course just remind that of course the I mean in Baku we we we agreed we um the the new definition the updated definition has been adopted and um and I think that's a an important milon in a way um because we had a very old one so we managed to agree on on that ER and that focuses I
• 329:30 - 330:00 think on on you know on on one uh very important I would say main um aspect of this which is the again the relevance to adaptation and mitigation uh and that's that's the focus we need to I think uh stay on because the you know all the other parameters are of course of of relevance but U probably it's not our main business but anyway yeah that would be my thinking thank you thank you so just
• 330:00 - 330:30 um online also no SCF members so far so yeah I think uh it's very clear that what are the new mandates or not so new but coming back to the Bal assessment are the crucial things that we will have to discuss further tomorrow as well to know what could how they can be featured into the timeline so that's of course the the preparation for the nqg or the data there or the data gaps the uh the operational definitions article 9.5 article 4.4 4.5 sorry and
• 330:30 - 331:00 also I've heard um requests to go further than not just identifying um the challenges and limitations that we have but see if we can already go a step further on how to overcome those issues um and also deal with the challenge of timing I think those were the most important things that I've High I've heard I think that's also a good basis for further discussion uh tomorrow uh but I'm happy to see already one important Observer online um
• 331:00 - 331:30 if it's okay I would give Charlene the floor first and then I'll I'll look behind me who else is asking the so Charlene go ahead thank you very much um my name is Charlene Watson and I have been a technical author on the banal assessment for some years uh mostly focused on chapter three uh on the assessment of climate Finance I'm sorry not to be with you in person I'm very happy to continue to work with you Vicki and Diane as co-chairs for the ba I really welcome um
• 331:30 - 332:00 that you discussed in the retreat the different reports how to maximize each of those reports the findings given the important function SC F plays and I'm really happy with the conversation that started today because thinking forward in 2028 there will be four reports that will report on the same 2025 2026 period and having been a technical author I have a little bit of anxiety um as to what each report is going to do which questions it will specifically answer so
• 332:00 - 332:30 that we can ensure a unique purpose or value out of each which comes back to reducing any redundance es reducing any potential conflicts in messaging and then also maximizing any salience and readability of these reports and just to pull out a very concrete example of what I mean um access to climate Finance in the banal assessment has historically focused on the multilateral climate change funds because that's where a lot of data lies it's reviewed board documents uh looking at metrics about
• 332:30 - 333:00 the time it takes to approve projects the administration costs um it also looks at um results disaggregated by gender um but in recent years the banial assessment has tried to look at access to bilateral uh climate finance and has kind of thought about how to get into that the nqg in the nqg report May well uh look at access as well um the decision talks about access to bilaterals and other multilateral
• 333:00 - 333:30 sources and financial institutions as well and there are key sub bullets in the ncq C ncq decision around how excess can be approved such as programmatic approaches so which report is going to cover which pieces of data um and then maybe how does that information then dock into what ndr3 is saying about needs and whether you know access is responding to needs so this is why for for technical authors it would be really good to have outlines sooner rather than
• 333:30 - 334:00 later and of course I'm not suggesting that you know we have 2028 outlines right now but I think as already has been mentioned what happens in the banial assessment next year could be uh a transition as to how the banial assessment will complement the nqg report for ba8 in 2028 um and that outline really gives us a research question um it it gives us a direction when we're looking at the literature for that technical report when we're collecting information and as
• 334:00 - 334:30 people have already mentioned the submissions so it's not already previewing the findings of the ba um or you you know the the table of contents um and and I the SCF members know that these headings and subheadings within a report evolve over time but they really are key to give clarity about what the SCF are asking of technical authors which pieces and what questions are we trying to answer in each report so I'm really looking forward to seeing those outlines and and really understanding
• 334:30 - 335:00 that it might take some time to get into the Nuance of some of these questions so it's not just we have the theme the theme is impact the theme is mobilization the theme is dis enablers what themes are we looking at but also what questions under each theme go in which report and with which metrics I think that that will be uh quite a detailed discussion to have but one that is really necessary so I'm really happy that we're having this conversation about the ba and I look forward to ongoing discussions thank you very
• 335:00 - 335:30 much thank you Charlene then I have one um other asking for the floor to by now but you go first thank you for giving me the floor congratulations on your appointment for C sharing the stream um not uh nothing too much to add but on the different elements that has been touched by the committee members and we would like to thank them uh on raising up the issue of climate definitions and
• 335:30 - 336:00 finance of climate definition this is a very important that should be rais raised up and also so the issue of 9.5 of the Paris agreement and 4.5 it should be uh clearly and explicitly mentioned um also I would just like to caution of not uh working uh beyond the Mandate of this report so we already know that the incq have its uh own report by 2028 and
• 336:00 - 336:30 we should be cautious not to prejudge that report and that mandate uh uh for that report so this is just a point of reflection for us this is the 7eventh PA P anual assessment and the discussions shouldn't take much of us of tackling the insecurity discussion unless in that report so that's just a point of caution
• 336:30 - 337:00 that has been raised uh thank you so much appreciate it thank you and apologies for having my back to you um yes then and maybe also introduce yourselves because it's the first time uh hi my name is Victor manadi and I'm with the engo demand climate Justice dcj um and uh forgive me I'm just uh still going over the Mandate for the report but you had up on the screen
• 337:00 - 337:30 there about scope and approach and so I'm wondering if um there's the idea of discussion about improving access I'm I'm thinking if we're looking at flows is there scope does it make sense to go to the other end of the flow the original source of flows and also talk about increasing contributions and some of the challenges or Dynamics or constraints on developed countries to improving um their contributions because we know they're they're not nearly enough um and uh yeah I just think you
• 337:30 - 338:00 know there was also the comment a few folks have have said you know who reads these reports and we're wondering how how much they're they're really looked at um well this is something that I think would get people's attention to have an honest discussion about some of those constraints and might improve the readership and actually help to illuminate some of the options or or ways forward thank you any other Observer
• 338:00 - 338:30 online or behind me um so yeah I think I mean again even the obser stress the importance of the new elements um for the ba and um I I definitely will never go beyond the mandates of of the B assessment no worri is here and I thank you also for um going um on the scope and approach because that's also an issue that we will have to tackle a little bit more um
• 338:30 - 339:00 in know tomorrow because I know time is getting short now um yeah because I mean it it relates to what we have mentioned at to retreat as well about making the user friendliness of our reports um and reader read friendly I would say as well um yeah that we also have perhaps a bit of more out of the box thinking is is the current approach to the panal assessment still uh the right one so I'm I'm just giving you a bit of homework to think about tonight and then uh
• 339:00 - 339:30 hopefully tomorrow we have a very animated uh discussion um on this um so if there no further asking the floor then I would give the floor to my co- facilitator Diane to just also perhaps give some final says and and yeah thank you thank you I was just um thank you Vicki I was just listening to um yeah just listening to to here it's good that observers are here and participating early so we can have a good idea of what it is that we want to
• 339:30 - 340:00 do um I think the beer is a really good product um and the way we can improve on it I think is to get feedback from our stakeholders to get some ideas from them as part of the Outreach for 2025 to see you know they ask specific question what how we can make it a lot better I think I said it in a previous meeting ipcc did the same thing um the ipcc had a lot of Graphics that nobody understood and they actually did a a study like a survey and
• 340:00 - 340:30 they were shocked to find out that I mean nobody un like a large percentage of their their scientists did not understand the graphics that they prepared and they were really shocked by it because you know sometimes we're in this room and we're doing our own work and sometimes it's difficult for us to I mean it's not possible always for us to assess so I think in this year as well um if Vicki is okay we should really
• 340:30 - 341:00 make an effort to ask the question if this is okay I know the onion diagram was a big hit and always would be the diagram is a big hit and it will be um so I know every time we introduce a diagram that is very simple to understand it comes with a little bit of a um controversy so um I think it's time for us to put more like 50 pages into one diagram that would be helpful for a lot of people but still have the the back information as we start discussed
• 341:00 - 341:30 in the retreat yesterday a lot of the raw data we don't make available because of the issues that we discussed yester today which is unfortunate um yeah but I'm looking forward to working with Vicki again thank you for giving me that opportunity as a nerd and like to read these things this is a one of the products I enjoy working on so thank you very much we're going to do our best back to you Vicki oh thank you Diane and I actually done give the floor back to the FCF
• 341:30 - 342:00 co-chairs to to go for the so AAL then it's to you we can have our family photo and the coffee bread not long coffee break and in the meantime I hope Richard and Gabby can solve the 100 billion progress report open issue I mean because Richard cannot join us now we will discuss during now please go side the room for
• 342:00 - 342:30 the family for not out of the not out of the meeting but outside through for the family photo and the coffee bre first the family
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• 360:00 - 360:30 let's start we have already the quarum so welcome
• 360:30 - 361:00 back we now turn to agenda item 7B third read report on progress towards achieving the goal of mobilizing jointly 100 billion per year to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation oh my God this title is really really long and at this meeting we invite members to appoint co-facilitators for
• 361:00 - 361:30 the work discuss the scope and approach to producing the third progress report and provide guidance in preparing a draft War plan and an notated outline for the technical report uh we would like to invite the stf to appoint co- facilitators on this matter who will lead and guide the technical work during the meetings and intersectionally I would invite now A1 member to appoint their co-
• 361:30 - 362:00 facilitator yes please uh thank you very much aonia and I'd like to nominate Gabby uh for the 100 billion report uh co- facilitator I think uh she's a uh appropriate person uh for this matter she has a very large experience including on this matter also so uh it's my honor to nominate her
• 362:00 - 362:30 thank you thank you I would agree with you we all and now non anex one members that if they can appoint their co- facilitator thank you very much aalia uh we'd like to nominate the infamous Richard mongi he's Infamous because he's not here with us but he's here in spirit
• 362:30 - 363:00 yeah so yeah good choice and I will give now the floor to Gabby to introduce the work over to you thank you very much for your trust um speaking on on my on behalf of my co-facilitator myself the infamous uh Rich mongi um he alerted us that he has an emergency uh engagement today so he can't be here today that's why after discussing with the with the co-chairs I'll just open the agenda item today and
• 363:00 - 363:30 then we can have the discussion tomorrow so you can he can also hear your comments um and also in view for you to actually digest the background note that apologies was sent this morning because uh Richard and I as usual we a little late with our comments so sorry for that um but you'll have the the night to digested um so with that I'll just briefly recap uh the Mandate for this work um cop 27 requested the SCF to
• 363:30 - 364:00 prepare biannual reports including a summary of key findings on progress towards achieving the goal of mobilizing jointly 100 billion US per year to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation taking into account other relevant reports for consideration at cop 29 cop 31 and cop 33 and noted that the final report will be considered in
• 364:00 - 364:30 the context of matters related uh to the SCF the cop 29 noted with appreciation the second report of the standing committee on Finance on progress towards achieving the goal of mobilizing jointly 100 billion US dollars per year to address the needs n n n n you know the title of the report um as well as the executive summary thereof and recommendations uh therein uh appreciation expost uh for
• 364:30 - 365:00 the trust and parties I wasn't there but I was I heard it was the report was well received um moving to the objectives on this sub item at SCF 36 the committee is expected to appoint co- facilitators for the work thank you for that that has already happened discuss the scope and approach to the third progress reports on 100 billion US dollar and including uh working modalities provide guidance in preparing a work plan for the
• 365:00 - 365:30 technical report um including elements of a draft annotated out line timelines and Outreach um I think especially also on the Outreach we had quite some discussion yesterday um also on the sixth report Outreach and request the co- facilitators with the support of the Secretariat to develop a draft annotated outline and draft work plan taking into account inputs by SCF members for consideration at SCF 37 and uh yeah that's kind of the
• 365:30 - 366:00 opening of the item uh look at the background notes in the background note you find annexed the outline we had for the uh for the second progress report and we're not suggesting to change the outline now but take into account whether you want to have any overarching changes to the work plan and approach that we have um and then we'll table something for the next meeting thank you yes thank you Gabby actually we
• 366:00 - 366:30 introduced this item now today so you will have time as I said Gabby to read the annotated outline and then tomorrow morning we will start with this uh uh item there will be a small change in the agenda just to start with 100 billion of course we are now checking again with Richard if he is available tomorrow morning but we cannot adapt again the
• 366:30 - 367:00 agenda the tomorrow is the last day of the meeting thank you so much Gabby then we can move to the next agenda item I'll if this is fine with you all just to give more that okay over to you de okay thank you so um we're going to um turn to agenda item eight linkages with constituted bodies of the convention and the Paris agreement um so cop 29 noted with appreciation the efforts of the spanning
• 367:00 - 367:30 committee to strengthen its engagement with stakeholders in the context of its work plan the committee has continued a good practice of appointing thematic focal points and expanding the scope to cover newer areas the committee has refined its approach to maintaining linkages of according to resources available and in the context of its existing working modalities the background note prepared by the secretary provides an account of existing activities and events attended by members as well as possible areas of
• 367:30 - 368:00 collaboration so at this meeting and at this late hour we invited members to consider an overall approach in maintaining linkages with other constituted bodies in various thematic areas and possible activities to undertake in this regard and um appoint focal points for other constituted bodies and various thematic areas of work so um you would have I think all of you got a copy yeah of the right a form to fill out okay and
• 368:00 - 368:30 we have the existing form here yeah so um with that uh sorry yeah so um we just wanted to just hear back from any of you who would have um attended meetings in 2024 which I know we have already reported on but if you don't want to report on it now that's fine but um we have a list in here that you can fill out to where you want to support in 2025 the floor is open
• 368:30 - 369:00 I I I can simply report on the fact that the in the context of uh my work my role for the adaptation committee they set up a task force on adaptation plan I I didn't attend the meeting but I review a their document and I will let you know in the next meeting more information on it and I'm also available to cover this role again this
• 369:00 - 369:30 year gby there was no work under the 64 supervisory body last year I think they were so busy with themselves they didn't want to do any Outreach to other bodies no I'm joking um there wasn't any request for information from us um that might change this year I don't know but I'm happy to continue uh to be that linkage person thank
• 369:30 - 370:00 you Britney um I'm going to nominate myself to remain focal point for indigenous people's um and local communities related matters so the fwg and the elip um as well as gender and youth related matters uh we had some events we could have attended as the SEF but there were clashes with our own events um or with the climate Finance negotiations schedule at cops that was unfortunate um I'm also happy to put my name down to be um a focal point for loss and damage related matters including the XCOM
• 370:00 - 370:30 thanks uh I'm going to give the floor to appon but Britney I just want to say thank you because you have to follow this from the other side of the world so we really appreciate that so apple and then Elina yeah I forgot about also my role in the context of the pccb and the capacity bu building related matters they working on a booklet with a chapter specific on climate Finance I'm not sure that it's already published it
• 370:30 - 371:00 it will be uh made available very soon and I will continue to cover also this role on the for the pccb but since I'm the only one I'm very happy if someone wants to join me with this uh on this very important uh um role a constituted body okay so what are you thinking about that Elena and then St um thank you um Diane and I just
• 371:00 - 371:30 looking at at all the constituted body um I was actually going to I know Bridges did it as well but um I'm also linked in several loss and damage issues um so I was going also nominate myself to be a focal point uh all the loss and damage matters um so yeah don't know if it's getting crowded but I was huh okay there you
• 371:30 - 372:00 go you know there are a lot of meetings um so the more the marrier um Stein you have the floor thanks Zan um since I'm representing CLA from Sweden um she would like um me to nominate her for uh technology related matters as a focal point Thank you Vicky has been Vicky and I technically on paper we did with ctcn but Vicki is the one who managed to
• 372:00 - 372:30 attend thank you so much Vicki Vick but it's it is getting a bit challenging but first maybe I thought it would be an interesting to see or to explain to to new members um that normally it's it's well normally but it's oh I'm just going to say the two focal points one for Annex one other for non anex one but it's not a golden rule I think if they're more colleagues interested they more the mar I think that's what you just said mentioned a palonia so it doesn't need to be uh there could be three four everybody can be in one group
• 372:30 - 373:00 if but then it should be the SCF then um so then and but on that um I do need to step down on technology uh for reasons um yeah so uh but yeah we'll talk about that later just to know because then there the SCF there is an SCF member within the ctcn Advisory Board um I do know CLA is interested but perhaps there are other colleagues who are interested as well um so but yeah we already have at least one candidate who can take over that role um and um perhaps I I might go
• 373:00 - 373:30 into transparency related just to do something but uh yeah we'll see it's it's getting crowded the workload yeah thank you Vicki for doing that um in the past um aonia you still want the floor okay I will um so I'll try I'll stay with technology with Clara I hope but I hope this year is not as busy as the other years for
• 373:30 - 374:00 finance um so k m thank you you sorry for not um intervening before but uh yes um indeed as Vicki said yeah the workload is crowded so I would be very happy to also to support Vicki in the lien function for the transparency and cge um which is of course a very relevant stream here so happy to
• 374:00 - 374:30 support uh sadik uh I think I can I can involve I can support I can help to keep communication of the Thematic is adaptation related adaptation committee as well as
• 374:30 - 375:00 like um okay so we can we we don't have to to decide today everybody so we we can finalize um this table tomorrow as well so um we won't prolong this this is conversation but take a look um it doesn't take long the secretary provides a lot of um support in preparing your speaking notes for these meetings and as we can indicate it's like a a rule but not really a rule where we would have one from you know one Annex one one non
• 375:00 - 375:30 anex one but um it is where that both are available for a particular meeting and we normally just step in for whoever is available during that period of time so um tomorrow we'll finish this um and so if anything is fine I can close this item abalonia yes okay so I think that we can close the meeting uh um of course I can only invite you to
• 375:30 - 376:00 to study the one 100 billion annotated outline if you wish tonight and U and then thinks about this the linkages on operating entities uh no pardon on constituted bodies sorry for this it's time to close the meeting and see you tomorrow morning and uh that's it for today so please tomorrow morning in time to start yeah I have a qu yes please can I ask a question uh my name
• 376:00 - 376:30 is Sami Khan I'm from be um bear is a global multinational focusing in food and agriculture so I just wanted to chime in at this moment to see maybe perhaps it'll be better uh for me to uh contribute tomorrow assuming we're going to have those breakout sessions or if there's something that like me to share right now I'm not sure what it what the protocol is going
• 376:30 - 377:00 forward yeah I guess I'm not sure if we're having breakout sessions tomorrow but um if there's something you can just depending on the agenda item you can take the put your flag up or um just raise your hand and we'll give you the floor so um maybe whatever it is we can use we can um you're going to be here tomorrow uh yes yeah yeah so tomorrow um we'll probably aalon and I will or the secretary will reach out to you so we can make sure we advise you what's the
• 377:00 - 377:30 appropriate time all right thank you so see you tomorrow at night
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