Day 2: 36th Standing Committee on Finance Meeting

Summary

The 36th meeting of the Standing Committee on Finance (SCF) revolved around key climate finance discussions, including progress towards the $100 billion climate finance goal, the preparation of technical reports, and strategic interactions with other constituted bodies. Participants emphasized the importance of efficiency, inclusivity, and communication in preparing actionable guidance and reports, engaging stakeholders, and enhancing transparency. There were also calls to enhance dialogue with parties and focus on practical challenges in financing climate-friendly projects.

Highlights

• Discussion emphasized the efficient execution of climate finance strategies aiming for the $100 billion target. 💸
• There was a push for more inclusive engagement of non-Annex I parties in discussions and initiatives. 🌐
• The need for clearer, more efficient processes in preparing SCF guidance and technical reports was stressed. 📂
• Participants highlighted the importance of active stakeholder participation to enhance climate finance outcomes. 👫
• Strategic dialogue with constituted bodies was deemed vital for the seamless implementation of finance strategies. 🏛️

Key Takeaways

• The SCF meeting focused heavily on climate finance strategies and the $100 billion target. 🎯
• Challenges in preparing guidance and reports were openly discussed, with calls for increased efficiency and clarity. 📈
• There was a significant emphasis on inclusivity, with a push to engage non-Annex I parties more actively. 🌍
• The importance of effective communication and stakeholder engagement in climate finance was highlighted. 📢
• Capacity building and collaboration with various climate and environment bodies remain a priority. 🤝

Overview

The 36th Standing Committee on Finance meeting was abuzz with discussions focusing on advancing the global climate finance agenda. The meeting touched upon various aspects such as the ongoing work towards achieving the $100 billion target set by previous agreements. Key stakeholders reviewed progress, sharing insights and identifying challenges in reaching financial goals.

Participants dove into the effectiveness of current strategies and the preparedness of technical reports vital for meeting climate finance objectives. There were discussions about the integration of inclusive approaches, encouraging deeper participation from non-Annex I countries, which often face the harshest climate impacts yet have lower representation in these global talks.

Engagement with broader climate frameworks and finance networks was another crucial topic. Interaction with other constituted bodies underlined the need for collaborative and coherent strategies. The value of efficient communication and transparency was repeatedly stressed to ensure that funds are effectively mobilized and utilized to combat climate change globally.

Chapters

• 00:00 - 01:00: Introduction and Agenda Overview The chapter discusses the 36th meeting of the Sendy Committee on Finance, highlighting the collaborative efforts among members. It mentions the launch of work streams for 2025 and ongoing discussions to address important tasks assigned by COP 29 and CMA 6. The focus is on agreeing on future directions for the SCF.
• 01:00 - 04:00: SCF Forum and Observations The chapter discusses the planning and time management of the SCF Forum meeting. A revised schedule was circulated by the Secretariat to encourage efficiency in the discussions and aiming to conclude the meeting promptly by 1:30.
• 04:00 - 08:00: Guidance to Operating Entities Chapter: Guidance to Operating Entities Summary: The chapter focuses on the preparatory work for the third report on progress towards achieving the 100 billion targets. It mentions the introduction of a background note to the committee by co-facilitators. Gabby, along with the speaker, are involved in the ongoing discussion.
• 08:00 - 12:00: 100 Billion Progress Report Discussion The chapter titled '100 Billion Progress Report Discussion' begins with an introduction regarding Richard's absence from the meeting and the challenges faced in connecting him online. The meeting is facilitated by Gabby, who takes over from APPA to lead the discussions and determine the way forward. The Secretariat confirms Richard's absence via WhatsApp, setting the stage for further discussions on the progress report.
• 12:00 - 16:00: SCF Work Plan Updates The participant who was expected to join the meeting could not participate due to urgent meetings in Africa. The team plans to update him based on the discussions that take place. The item under discussion was introduced the previous day, and the floor is now open for comments.
• 16:00 - 20:00: Linkages with Constituted Bodies The chapter discusses the complexities and confusion surrounding the setting of new financial goals in global climate agreements, particularly at the Conference of the Parties (COP) meetings. A participant questions the relevance of the longstanding 100 billion financial target in the context of newly established quantitative goals, highlighting the chaotic nature of negotiations and the need for clarity.
• 20:00 - 24:00: Closure and Future Planning This chapter titled 'Closure and Future Planning' discusses the outcomes and future directions from COP 27's decision-making process concerning climate financing. It highlights the request from COP 27 for the Standing Committee on Finance (SEF) to continue its reporting on progress toward the $100 billion climate finance commitment. The chapter underscores the ongoing nature of this reporting, which is set to occur biannually, ensuring transparency and accountability in achieving this financial target.

Day 2: 36th Standing Committee on Finance Meeting Transcription

• 00:00 - 00:30 servers or to the 36th meeting of the sendy committee on finance um work together and we will we were able also to launch all work streams for 2025 and held constructive discussions on important tasks mandated by To Us by cop 29 and CMA 6 today we will continue Del liberations on work streams with a view to agree on the way for forward such that the SCF can
• 00:30 - 01:00 advance its work intersectionally a revised schedule was circulated the last night by the Secretariat we encourage members to use this time today as efficiently as possible so that we can close the meeting in time by 1:30 and uh with the I can't okay uh are you ready yes let us turn to agenda item
• 01:00 - 01:30 7B Preparatory work on the third report on progress towards achieving the 100 billion progress report I'm sorry for this just to be efficient yesterday you know uh yesterday the co- facilitators introduced at the background note to the committee and I will now pass the floor to Gabby and I
• 01:30 - 02:00 don't know if Richard is online we know that he he has some problems to join this the meeting this morning um anyway I will give the floor to Gabby to facilitate the discussions and agree on Way Forward over to you thank you very much APPA good morning colleagues um I don't think Richard is online right I'm looking at the Secretariat doesn't seem to be the case yes he's announced um myself and the secretari by WhatsApp
• 02:00 - 02:30 last night and also by email this morning that he cannot participate um because he has some urgent meetings in in Africa so um but we will report back to him uh based on the discussion so we already introduced the item yesterday uh the floor is open for comments
• 02:30 - 03:00 thanks for breaking the Assan actually I have a question and I'm just asking this question because at cop it's so crazy so you're not quite sure what happened with everything so forgive the question but so since we have a new quantitative goal um just asking um like why are we still doing the 100 billion just
• 03:00 - 03:30 well the question I can't tell you well there many there many layers to it but um there is the cop decision um from cop 27 that requested the SEF to continue reporting and I can only tell you what was the intent then uh and it hasn't been changed since then uh it was that um on a biannual basis the cop wanted to know uh the progress towards the 100 billion
• 03:30 - 04:00 and the intent was uh to do that up until two years after because the data is always you know very well the data is always two years old at least and that's why that was originally um intended yeah Karina thank you Gabby uh no just to share uh I mean um I went through the
• 04:00 - 04:30 uh the note that you shared with us referring to the outline that we had in the past so I think Frankly Speaking what we've been doing uh um the last time with the report was a very good outcome I think it was very uh useful for the process you know in you know as well as I mean the approach as well as the results and uh you know the um the conclusions of the report so I I basically um think that we should should continue with this approach and uh yeah
• 04:30 - 05:00 I think that works very well thank you I can confirm that that's currently also our intent uh Richard and myself we will do an update to the outline nevertheless um there's some especially like there's some older terms in there uh we have new reports now with different abbreviations and things like that and you'll have a chance to look at our revised outline at the next meeting and we can have a discussion um and if stakeholders want to see additional
• 05:00 - 05:30 changes we can of course all discuss that all we we're just asking for a mandate to revise the outline and table it for consideration by the SCF 37 Appo um yes I just have a recommendation on the basis of the experience of the the last year um I would invite to pay attention between uh uh the headline and content to be coherent because I remember in the in the breakout group group of uh in Aria on 100 billion
• 05:30 - 06:00 progress report there were some Paras which sections which were not consistent with the headline and the title of the section so we spent a lot of time to understand to negotiate the the title and the content so there was this mismatch so the title was about the gaps for data and then the content was the gaps on finance just to to be sure that when we uh we will
• 06:00 - 06:30 proceed on uh the draft of the report the the things should be consistent so and it's not just uh a declaration intent the the title headline should be also the content consistent with the headline I fully agree with you uh we were not able to change the titles because they were set in the outline and um I think that would continue to be the approach
• 06:30 - 07:00 um and the substance underneath was requested to be changed by the committee so in your hands on what you want to include under the under the headings yeah when we get there there any observers in the room or online don't see any other hands from committee members please
• 07:00 - 07:30 Dan uh so just for my understanding so at some point um we would stop doing this and start doing the other one right so I guess we would change from 100 billion to Global goal or something like that and then um transition into tracking that other goal that has been put in place um I just just thinking um you know that is basically around the corner it's not that far away
• 07:30 - 08:00 so um and that had included in it some um like qualitative um measures that you wanted to do but I'm not saying that we want to change the framework or outline or anything like that but in in the work that we're doing now I guess we will take a lot of this information and and this report to as Lessons Learned to move into as we make the shift into the other um and I was just wondering if you had any ideas and on when we doing this work how we could start looking towards
• 08:00 - 08:30 that I know he's not here Monday but I'm sure you we have an open mind you and Richard so and just I can just say TimeWise there will be a now we're talking about the report for 2026 so cop 31 um there will be one more um in 2028 which is cop 33 and the provision is also that that will be in the context of the consideration of the matters related to the SCF and not on the long-term
• 08:30 - 09:00 finance that was the intent because there's a decision also when long-term Finance ends and it's before that date so there was a consideration of that when that was discussed um at was it cop 27 um and in 2028 you will also at the same time have the first progress report towards the 100 billion so you'll have them at the same time one speaking about the 100 billion and one speaking about the nqg for the first time uh so we'll
• 09:00 - 09:30 have to prepare two reports in the same year unless of course parties are free to decide differently and revise next cop for example not to do that into the cop can always revise its decisions so they wish to like just have one report in one year or two reports but as it has been decided right now you'll have 100 billion progress report in 2028 and an ncq progress report at the same time and I think you'll have the B and you also
• 09:30 - 10:00 have the ba continue and that's why we had the ba conversation uh in that regard as well but we haven't for now we haven't discussed like Richard and myself have not discussed whether or not that should be reflected in the outline or not we just focused on the report for 20 26 and we shareed with you the outline from like last time and um if you have suggestions on whether or not we should revise the outline and view of that uh for the next report for 26 um
• 10:00 - 10:30 that's the conversation we could have now yes sure yeah I mean just for efficiency I was just thinking you know maybe that could be if the committee could consider a suggestion to not present two reports at that particular time um this will be the year to to suggest it but it's up to the committee um what it is that they want to do but um I'm not quite I'm not seeing the value of having two separate reports um maybe there is but but I'm not seeing it but um I know
• 10:30 - 11:00 that the committee could do it but I'm just thinking maybe something to consider thank you I'll throw throw it back to the committee and any Flex race so maybe that some thoughts I think it was B Elena henrique sadik and uh up then um johon there we go floor is your spread please thank you and happy to give sort of go forward
• 11:00 - 11:30 with a mandate to update um and provide a work plan and an updated outline for our consideration um I was actually coming in to comment on this 2028 year because we'll also have an ndr that year it's going to be a big year and that you know there could be more mandates the cop see can do whatever they want they can give us more tasks but um that is going to be a really significant year when the time comes we should talk about how we do manage the load I I think it's really important we do have a 100 billion
• 11:30 - 12:00 report in that year because it's the final it'll be the final year and to be able to say well this is where we ended under the old goal and this is where the new goal kicks off and sort of the commencement period because of the data data lags that'll be the 2025 data year I think um so but I think we should absolutely when the time comes have a conversation around efficiencies um and how we can manage that as as a committee um but at this stage uh Gabby and Richard happy to give you the the move ahead on this I think it sound
• 12:00 - 12:30 sensible thank you br I have Elena Follow by HRI uh thank you Gabby and I think noting all of that is sort of the reason why i' I've been saying that we sort of have to take like a pause to see what is the content I'm not saying we're going to define the content now of the NCG report but is what is sorry data
• 12:30 - 13:00 that hundred billion dollar report could then feed into that report um eventually because the ncq will be a lot more comprehensive because the decision says on every element of this decision it's not just whether they hit the target or not or it's in the meaningful in the context of meaningful medication it's it's every aspect of that decision that the nqg report will have to report on um so I think it's that's why this year for me it's important that we take a
• 13:00 - 13:30 step and really start to think of what could be the things that are included in that report it's not that we'll start to report on it now but is it's have a think of what does that report have to include that the committee starts to have needs to start to think about in from here to 2027 when that outline is defined or whatever um
• 13:30 - 14:00 so I think it's it's basically let's look at the reports we currently have so the ba 100 billion and then what do we have to do for the nqg report to start preparing for that um is sort of the approach that I think we should take this year um and again it's not that I say we don't want to approve the 100 billion report it's just the outline is let's take a look at it there's no need to to rush to have it now it's like I get it I get it but it's what is what are the elements that we have to start
• 14:00 - 14:30 mapping out so that when that 2028 year comes we absolutely have to have the 100 billion because it is reporting on mate from Paris it says it ends in 2025 right the NC uh the the 100 billion and that new report that will also include other qualitative elements that 100 billion does not um so it's sort of the the approach that I think we also have to take this year um start taking those first thoughts thoughtful steps is
• 14:30 - 15:00 my thank you Elena I understand it that way that's it's not about the outline of this report but what we can learn from this report in preparation for the first um ncq report I as a co-facilitator I would say especially the qualitative Parts which are in this report and the challenges we've had with it could give us some indications on some of the challenges we might have on the qualitative pieces uh in the nqg and there were some ways we have overcome
• 15:00 - 15:30 that already in the second report compared to the first one um and we may be able to to build on those um experiences thank you uh enri please yeah I think it's more or less the same as Elena just pointed out I think it's really important that every time we are now producing a report it's a bit like taking the lessons learn what we can take from there for the new report as it will be that complex so I'm happy to give you the mandate to continue your work now but but just invite you to to have that yeah that mainstreaming
• 15:30 - 16:00 question with you all the time and then for the next SCF meeting I think would be really good if we can have like a more yeah a space a bit of time to discuss um what elements we already get out of of the reflections and where we still see gaps and that we all come prepared a bit for that kind of a discussion to also like to advance our work a bit because it looks as if we are getting into high pressure for 2020 7 28
• 16:00 - 16:30 um and to make yeah to make good use of time to prepare ourselves for that um and also to get like data collectors ready already to send out the signals of what kind of gaps we are seeing because if the new goal starts in 2026 it would be good to start collecting data from 2026 on and not to have a gap in the data for 2026 so yeah I think that's I will take right thank
• 16:30 - 17:00 you HRI fully agree uh sadik please thank you Gabby actually my points on on General outline of the report I think as we discussed yesterday that we have executive summary but it it's it's also difficult to understand and to fake all the information but if there is an element like key messages I think for
• 17:00 - 17:30 the ordinary people all the people it will be helpful to understand what it is and another actually for the sources of information we identified NCB or like that but I think we could include the BTR that because it is most recent and we can we can include uh B to take information to make the thank you
• 17:30 - 18:00 thank you sadik for these very helpful suggestions um the btrs we were going to uh integrated in any case um that's the reports I was referring to with the new abbreviations that we have to take into account and uh thanks for the input with the key messages as well U think of about like maybe in the beginning of each chapter or something like that it's a good good suggestion than you much um Appo please thank you Gabby um Brita has
• 18:00 - 18:30 already pointed out the need to continue to work on the 100 billion progress uh to be sure that we are able to monitor the 100 billion uh including the 2025 which is the last year and um I mean I will not support any change in this because it's really important that we uh we monitor this progress as been mandated I will not mix the reports with the new mandate on the nqg because it's
• 18:30 - 19:00 clear that the sending committee on finance will continue its uh Reflections on how we can implement the ncq not only this year but also the next year and this implementation will rely on all the work streams of the sing committee on finance including 100 billion so I do not see any change uh at least for this round for the 100 billion progress report because it's really important that we can't monitor as we did in the
• 19:00 - 19:30 past and at the same time we reflect that this is a parallel things it's a parallel task so without mixing so otherwise it's really important to clarify this point so the outline pleas do it and but do not mix the report with the new mandate it's really important to do this thank you APO um CH Follow by so here
• 19:30 - 20:00 um well at the cost of repeating I think I can support this that the um the Mandate for 100 billion is a separate mandate and it needs to be implemented through till 2028 and um uh decision of what needs to be done perhaps for 2029 is something that I think we can Broach a little later um on this issue of reflecting NC qg um or or or aspects that we would
• 20:00 - 20:30 want to monitor in NC qg in the report well you know we need to have two discrete discussions and uh uh we we would not want that to get uh into the discussion on the 100 billion um task that uh there is to the SCF um going forward I think it's very important that we've had so many uh reports now of the 100 billion we need
• 20:30 - 21:00 to assess uh the limitations and the challenges that we have uh faced and perhaps I don't know whether this uh would require a modification but perhaps within the overall framework discuss that in Greater details and what could be the ways in which we need to address this one of the biggest challenges that we see is the absence of uh uh definition so we there is there is an issue about definition and that is
• 21:00 - 21:30 something that that that shrouds this whole discussion on 100 billion uh with a lot of uh limitations you know parties don't agree to the numbers and it's not a very happy thing to have in the at the cop when when uh you get that uh back from uh from parties saying that Oxfam says something else andd has said something else and so some where the need to discuss the
• 21:30 - 22:00 definitions even if we can discuss what is the definition that is being taken by oecd upfront saying that U will also help as a as a move forward um and that I think is also important for any subsequent uh monitoring of flows U whether it is part of the NC qg because this discussion is otherwise going to just get into do that discussion as well so it's very
• 22:00 - 22:30 important I think that we we discuss the limitations of the 100 billion uh you know the the assessment of where the limitations and the challenges lie we've already done that but perhaps greater thought on how to remedy that and if there are any suggestions that the that the that the SCF may have with respect to this would be important going forward thank you you thank you Chand um um so I take it uh we continue with the two
• 22:30 - 23:00 distinct uh reports um I hear your request to have the conversations uh separately and I think we'll have to find a way of um channeling that together with the Lessons Learned point that Alena is making so um what can we learn from this report for the next report while recognizing that there are two distinct reports I've heard that from multiple colleagues now um on the accounting point I defin point there is in the beginning of the report there's
• 23:00 - 23:30 the accounting part and the methodology part and that's where the current report makes that quite transparent the first report especially made a lot of like it was very elaborate and last year the committee of the last report the committee decided to refer to that first report um where the methodology hadn't changed and indicate what had been updated since the first report where the methodology had changed um and that's a question whether for the third report we
• 23:30 - 24:00 want to have the same approach we also try to give recommendations on exactly that point that you were making uh in the last report and there wasn't like the committee couldn't agree um but uh we'll and uh keep that in our minds when we prepare the report and put it back to the committee to to elaborate on that and possibly agree if possible so here please thank you very much uh Gabby and
• 24:00 - 24:30 I do agree with what many of the colleagues have raised um I think the first point is that uh we need to bring to closure the 100 billion uh the 100 billion uh was a commitment till the end of 2025 if you look at it but we are also constrained by the fact that we have uh a situation where data uh is always two years behind uh and so in order to do have closure on this report
• 24:30 - 25:00 we need to do that and uh but it's also important for us to understand that uh the report or the progress report on 100 billion was not a nice and easy exercise us here as as as a group uh and and that's an important fact that we need to uh reflect on because we don't want a replication of that type of thing happening when we do the nqg uh things
• 25:00 - 25:30 so yes the two are separate in that nature because the nature of the nqg decision uh is a much broader uh reflection than the 100 billion uh there are new elements that were brought in there but I think the linkage that you have between the two is that we need to look at what we did what we did well and what we didn't maybe do well that that aids Us in how we prepare for doing the nqg process so that we don't want to
• 25:30 - 26:00 replicate uh that process so I think uh I think many of the colleagues have raised that so I won't be lab the point uh around that thanks Gabby fully agree with you on that and always have slight postraumatic chest for I don't know why Richard and I volunteered to do this again to be honest uh please Ian I agree that despite the relevance
• 26:00 - 26:30 of the question these are two different mandates that need to be fulfilled and also we look at the nqg decision um it refers to reporting on all elements of the decision so I'm wondering what the scope and hence the methodology is going to be for the new report on the NC qg and how different it might be uh from the current scope of 100 billion reports
• 26:30 - 27:00 so um I guess that's another matter that for me makes that distinct thank you thank you Ian yeah um I think it will be is in yeah there is an observer online do we have observers in the room uh please uh Thomas followed by Charlene yeah um hope this is the right time to bring this up I just wanted to
• 27:00 - 27:30 talk about the second dimension of this right the whole point of the exercise is to try to help developing countries with mitigation and adaptation and if we just count the dollars that are being spent on that uh we are missing the other important Dimension namely how effectively these dollars are being spend and that Dimension I think cannot be included by simply having a very good definition as to which money counts and which money
• 27:30 - 28:00 doesn't count because some money uh that uh you know does vastly more good than other money and if we ignore that Dimension and don't try to assess it or weit the money by how effective it is then uh governments will of course spend the money according to other preferences that they may have geopolitical considerations making sure that it counts towards their D commitment on officially development assistance and so on and in the end we won't get as much
• 28:00 - 28:30 mitigation and adaptation anywhere near as much as we would if we also considered how effectively that money is being spent and here one thing we could think about is uh how one might get developing countries sorry developed countries to collaborate in funding something that is really highly effective so what would be the most effective way to promote mitigation
• 28:30 - 29:00 adaptation developing countries and can we try to somehow entice the Richer countries to spend the money on those projects or in those ways through those procedures that we have reason to believe will really have the greatest impact in favor of the populations of the developing countries thank you very much Thomas um that's an important Point you're speak speaking to his impact and Effectiveness
• 29:00 - 29:30 part um there are some sections uh there were some sections on that in the first and in the second progress report um and there's like this three-pillar approach which we've been following uh covering the the pure money part and then the um meaningful mitigation action and transparency on implementation and the address the needs of developing countries is the third and we had some impact Effectiveness elements in both of
• 29:30 - 30:00 the latter two pillars um they address the needs part we try to identify is the money going where it's being requested and is it happening in a most effectful way impactful way unfortunately that's one of the areas where we have the largest data gaps and I think that's an important element thinking of lessons learned because the NC qg also has elements on that um and we should definitely continue to to get better uh
• 30:00 - 30:30 in these in these areas there's quite there were quite significant data gaps in the second report and there were some recommendations on improving exactly that area of work so very well taken uh can I just add one point to what you said it's not just the monitoring that we passively sit there and look where does the money go and how effective is it but I'm also wondering whether we could do more proactively to say look this would be a really good way to spend
• 30:30 - 31:00 the money so this is a recommendation that you the rich countries divert some of the money that you want to spend uh in this under this program that you spend it in this way um yeah hear you that's something that the committee could reflect on on this in the recommendation section um and but of course it also if you can't measure where it's most impactful you also can't recommend it so that's because the committee operates on a
• 31:00 - 31:30 datadriven basis and if we don't have information on that it would just be a guess and we've always opted not to do that we only if we have proof for something we recommend something in that regard that's what how the two are connected Charlene please and then I have chund again thanks Gabby good morning everyone um I I'm really really happy again to hear that the content discussion is rolling on and that we had yesterday um I guess I just want to say also here
• 31:30 - 32:00 that there's another piece of this and that's a process point and I think it was touched upon by a couple of SCF members and I just wanted and and touched upon by the the the facilitators or the co-chairs of each report as well and that is when it comes to the actual report the technical report itself what is the process going to be for members to comment and as mentioned yesterday I have been a technical author on these reports and it's quite difficult sometimes to reconcile comments from
• 32:00 - 32:30 different members some of them say to remove a particular section and some of them say to add certain references or add certain things and I just think it would be really good that in June we can think through the process for the 100 billion report as noted is is quite difficult um from a political perspective and therefore the comment can be uh quite difficult to reconcile and I think that that may only get more and more difficult as we move towards the ncq so it would be really nice if um at the next meeting there's there's some
• 32:30 - 33:00 clarity for technical authors as to what the process will be for review and how we integrate those and if the process is not currently working is there a different way to do it so that the SCF summary is very very separate from the technical report or if there are different kind of iterations or different processes that that we can go through to make sure that over the next few years it's very clear what's going to then happen for the nqg report I hope that's somewhat clear thank you very much thank you Charlene and thanks also for
• 33:00 - 33:30 bringing that back to the table um in the past at some point we had moments where the technical reports were agreed in the meeting before the summary was agreed so we couldn't change the technical reports anymore because they had been agreed and the committee only elaborated on the executive summary and there was an agreement that the executive summary has to reflect what's in the report you can't write whatever you want because it's a summary of the report um and maybe we should go back to
• 33:30 - 34:00 that procedure but that's something I very happy to put to the co-chairs to put on the agenda for SCF 37 to have a discussion about that um maybe that would help to make it a bit more streamlined compared to last year where we were fiddling with the technical reports until the very last minute and then the summaries had to be adjusted and so on which was quite intense um especially also on the Secretariat but um leave it up to to the committee I think we have time to
• 34:00 - 34:30 reflect and think about that maybe also at the next meeting um I have ch the again followed by Diane and then Appo so I'm um speaking to that um the suggestion to uh include assess to to bring in Effectiveness to assess the effectiveness of the inter uh the flows now when we we we we look at it it seems to be a good suggestion in the sense
• 34:30 - 35:00 that U well it's nice to know how effective it is and which are the sources that have been most effective in achieving the objectives um and but then we we need to understand that for that we need project level information we need Source level information uh with with with a high disaggregated information and which is of good Integrity as well uh um on the other hand if we don't have those kind
• 35:00 - 35:30 that kind of information having a top it would be seen as a top down recommendation which will not sit in well with the the countries that are receiving this this this uh money because at present they they're just asking for you to help us to help understand how where is this flowing in is it coming in through loans is it coming in through grants we can't do that and now you ask them to tell the tell the committee on how effective that
• 35:30 - 36:00 Finance has been I mean it's it's not not something that that the developing countries would like to to have of course we need to know the effectiveness and that tells us which ones are the appropriate interventions but for that we need more information and uh unfortunately that's the limitation that we have gaps thank you chy that's exactly the challenge we had in the past um and there's some hope that the BTR s might Bridge some of that Gap data Gap
• 36:00 - 36:30 because there are these specific reporting parameters on that but they're voluntary so we don't know who will report but as a co-facilitator I'm very very much looking forward to johy please I can't stop myself from this because uh we trying to do that for finance PTR uh for India and what I can tell you of course is um is the fact that the information that we are getting in from the mdbs is not disaggregated information so
• 36:30 - 37:00 they only giving us information on development Finance we don't know how how much of that is actually going into climate so I don't know whether you will be able to get that fixed right so unless we have the definition you're going to have that problem throughout you will not get a handle on how much is flowing in through climate and we are breaking our heads with them India is one of the biggest recipients under IFC we are just breaking our heads with them to find out what is actually coming in
• 37:00 - 37:30 in the form of climate Finance because everything is development Finance very interesting thanks for that um Diane Appo and then Elena yeah um so um I like the comment about Effectiveness because for small island developing States working with us is more expensive than most other countries and um as a result when we go to our uh our operating entities they
• 37:30 - 38:00 give you an internal rate of return that is similar to Brazil or India and say it's you a project designed for you is not worth it right so the effectiveness it is a conversation that needs to happen because I think is one of the root of the pro barriers that we're facing with respect to access secondly is that whatever year that the funds are provided that is what we're accounting for for the 100 billion that is not the year that is spent so Effectiveness is not necessarily um
• 38:00 - 38:30 about what is spent on the ground it is when when it's provided and when how long does it take to reach the ground uh in previous standing committees we wanted to see measure level of Effectiveness to see what are the fees that are cost the cost of getting the funds to the ground as a way as a as a a transparency um option that could help understand right why it is that it take so long from the time that you like a
• 38:30 - 39:00 developed country pay the money to the time that it gets onto the ground so yes we have the 100 billion tracking which is good um but it doesn't mean that it did anything underground right so which is where we want to go so I I like the idea of tracking yes that's that's important um with respect to um getting project level information our operating entities do have that very detailed information they have a database especially the Jeff has
• 39:00 - 39:30 a really and the GCF as well has a long database to be able to track um how these projects are being implemented so that is what you would have the development banks in my view um they have every resources they need to be able to track and even say that is like renewable energies climate money something as simple as broad as that but I don't believe they choose to do it I don't think they care to do it and they don't need to do it because they are big entities and nobody's going to punish
• 39:30 - 40:00 them for not providing the data it's as simple as that so they don't really take it seriously I don't think they take it seriously that they have to report but they too have significant amount and remember that we've had this discussion before and we did say that project level data is not a but it is it is every single accredited entity has a database um my entity is an is a small little Direct access entity and we have to keep a database of all the data
• 40:00 - 40:30 um for our project we don't do it perfectly but um definitely the UND DPS the unep and all of them um we have projects with undp with unep and we have to report our data there extensive amount of evaluation that is done so all of that um and by the way evaluation that the evaluation process that we have in place has to be re is is a problem it's a major it's a you pay $100,000 $120,000 to evaluate a
• 40:30 - 41:00 million doll project literally and I can write for you in chat gbt the exact I could predict what the report is going to say right so um for every single country depending on where you live in the world so I think there's a I think there's a good set of data there um we just need to to get it and analyze it and um I I I do agree with shandre that
• 41:00 - 41:30 they you know that that you still hear that the information is not but it's there right it is there and they need to we're all obligated under the convention to provide this information and I think we need to start to reach out to them and say that we are obligated and you need to meet help us meet our obligations but the important thing is Effectiveness is something I think we should track and however whatever year that the the100 billion report is data set for that year that is not the year
• 41:30 - 42:00 that is um that is going to be spent thank you very much um very excited everyone wants to talk about Effectiveness and how we can measure it bottom up because yeah there one of the biggest areas of improvement so I'm looking at Patty so it will be exciting difficult but exciting um I think it was Oppo Vicky and then BR yeah please it is not related to Effectiveness the way I
• 42:00 - 42:30 will not include no I would like just to answer to uh to the point made by The Observer Charlene on um on the role of the experts drafting the reports I do think that the SCF members must be must review all the technical reports also because we do not have any peer reviewed process um um to to check or Al this report so the SCF members are responsible also for
• 42:30 - 43:00 the technical report and it's up to the co-facilitators to to help the experts to address the comments that they receive so I don't see any uh need to change the current style also because we cannot approve the technical report in the second meeting then I mean is a an issue related to time management of our deliverables at workor streams so it's really important that we continue as we do um as we did in the past so all the
• 43:00 - 43:30 SCF members should review the technical reports and then it's up to the co- facilitators support the experts to address the comments received otherwise we need to Outsourcing the uh review of the technical reports to be sure that these are in any case reviewed so I will continue uh as we did in the past thank you but uh yeah we do have a timeline issue with the data that's the
• 43:30 - 44:00 main problem um because many a lot of the data only comes in in the summer and then if you would want to have it concluded in the second meeting sometimes the second meeting is already over when the latest data comes in um I guess we could as SCF members take a bit more um like P or not patter backs but remind ourselves uh that we've send in written comments well in time so the things can be reviewed and the comments can be integrated in time and
• 44:00 - 44:30 it doesn't happen between the first day of the last SCF meeting and the third day of the SC last SCF meeting with the last Comon coming in at 3:00 a.m. before the last SCF meeting day and then members of the committee asking their comments to be fully reflected and get very upset if it's not done in time so that's like on us I think and I'm looking I'm I'm internally looking at myself as well there I guess there is some potential
• 44:30 - 45:00 for improvement on the procedural front um Vicki Follow by Brett okay then I I was going to talk about Effectiveness as well but first let me also respond to do this um issue about the um what's it called the responsibility Apple appal no I'm because I'm I'm responding I mean I'm reacting to what you mentioned I do I mean yes it is SCF uh responsibility in the end but I do think
• 45:00 - 45:30 there is a way of of making sure I mean to me it's more that we need to make sure as the SCF members that we have the research questions clear in at front and that then other Consultants can do their work because I I would say if I would be making this technical report as a consultant myself and in the end they come in with very detailed uh things or no you should have done this or that it's it's up to us and I think that's the responsibility that you're talking about as as well that we have to make sure that it's very clear for those who
• 45:30 - 46:00 are really writing the report that they know which research questions we want them to tackle and that's something that's that's why we also I think next SCF meeting we really need to go into this where we discuss the outline because else we make their life hell and that's not fair to them um second only Effectiveness and and that was I was very happy to hear some views because I I was going to stay silent because I do think the the um intervention made by Thomas Thomas um it would be great to
• 46:00 - 46:30 know where you're from as well Thomas um you could put it in the chat um it would it's it it sounds really good but at the UNF C Level it's not that easy to to convey and I do think we should give ourselves a little bit more credit because at unfc we talk a lot about Effectiveness we just do it in a very different way we talk about the data gaps which is also about Effectiveness because it's it's not there we talk about the fact that that sits are not given enough money because that's also Effectiveness because if we if we go too
• 46:30 - 47:00 much of a top- Down discussion about Effectiveness what's going to happen we only going to look at GCF jef adaptation fund and all those little things will fall you know away I mean I'm I'm a small donor we do direct project uh calls with direct projects that are being in um implemented uh with stakeholders so not through governments It's very effective but it will be effective according to the NFC level um so I think I mean there there's so much
• 47:00 - 47:30 going on and this is the complexity of the issue as well that the effectiveness discussion we can't have it as such like in one paragraph or one chapter even it's it's so diverse and and yeah I mean that's the reality we have and it's a good reality um yeah so I just wanted to add that as well thanks thank you Brit just uh lowered her flag I assume she was in agreement with with Vicki um we have one more Observer online it's
• 47:30 - 48:00 Lucia AI I'm not sure Lucia please yes thank you everyone thank you co-chair for giving me the floor my name is om Luci Emmanuel I represent the center for human rights and climate change research the center for human rights and climate change Reserve is part of the WGC constituency I want to again talk about the issue of Effectiveness while I totally agree with
• 48:00 - 48:30 much of what has been said around Effectiveness I want to also um recommend that the issue of Effectiveness cannot just be left to the stage of evaluation and at the stage of evaluation that is when it raises most of the consigns that have been um identified I believe that planning for Effectiveness could start from the process SEL by having clear transparently and um drawn project
• 48:30 - 49:00 selection criteria which is um which can be owned by all and developing countries especially because they have been engaged and they are part of um you know identifying what set of criteria should be used to um assess Effectiveness and that means that if it is they they are part of developing those um criteria it should also form part of their reporting system and so at the stage of evaluation
• 49:00 - 49:30 it will not be a beon sign and Reporting will also capture it because they know it's part of what they have agreed that is my contribution thank you thank you very much omo yen Lucy I hope I pronounced your name correctly uh we have one more Observer online and then I think we also have Yan villum in the room and another colleague um Julia first online and then we move
• 49:30 - 50:00 inside Julia you're mute classic isn't it um uh thanks Gabby hi everyone for those who don't know me in the room I'm uh here from uh New Zealand just wanted to Echo really briefly the great gratitude for this level of focus on Aid Effectiveness uh very important to all of us I know and especially really grateful for the focus on not adding too much of a disproportionate reporting burden um hopefully some of the the lessons learned and the discussions from this today will feed into um an approach to
• 50:00 - 50:30 this on our next report which will allow us to ramp up with some of these Lessons Learned into the NCG reporting as others have said thanks very much thank you Julia and thanks for staying up so late she's in New Zealand it's very late um Yan villum and then our colleague please um yeah good morning um y from the V EBR um I hear uh the word MDB I don't know if it's one word um mentioned
• 50:30 - 51:00 a couple of uh times um I let me say that uh I I don't recognize in some of the comments that were made um I I think uh and if it requires some more communication and explanations from the MDB community and I'm sure we are happy to do uh to do that uh um first of all on definitions
• 51:00 - 51:30 um in order to track something indeed you need to Define what what it is and then you can start counting um the mdbs already have for a very long time defined what what they considered in consultation with loads of other parties uh defined basically in the in a common approach of what climate Finance is for mitigation and adaptation um this is also consulted
• 51:30 - 52:00 with the development Finance institutions and and and basically that definition is out there on the internet it's very transparent uh how we uh how we Define of course certain things will always be up to judgment and so on but uh that that comes down to the professionalism of uh of the parties that are involved um so I I I think that that common approach if if people are interested please look at it um every
• 52:00 - 52:30 year we organize consultations around the time of the cop on on these type of documents and happy to further uh discuss with the with parties um the other point is that we disclose uh the uh mdbs of year the 10 mdbs um the the the climate Finance uh the climate Finance that we have committed the year before so only one
• 52:30 - 53:00 year not two years uh delay and um let's say since a couple of years we now also report on a country level so uh any country can look up in in the report how much The Joint mdbs have deployed as to climate Finance in line with the definitions that uh that we are using um again if there are questions on these numers or or so then uh please uh
• 53:00 - 53:30 we we more than happy uh to uh to engage with you and and and discuss um on the um last bit Effectiveness we also recognize that point very much so and that's the reason why the mdbs have now come up with a uh and it's a developing uh work because it's complex um but uh we are working on on kind of results and indicators uh
• 53:30 - 54:00 that over time we can start to report on um and I think please take note of these uh developments and uh and I hope that with that we help to increase the transparency and and also meet your needs that uh your reporting obligations under the ptrs and so on we're very aware of that thank you thank you very much we're looking forward to to the results um indicators work from the mdbs and if you're
• 54:00 - 54:30 interested in the MDB approach there's also the definition report of the SF from last year looking at our facilitators um and it has quite an elaborate chapter where you can see the differences and the methodologies and what exactly um the mdbs approach is is doing on a definitional side um our last Observer please uh thank you uh first of all uh thank you so much it's an honor and privilege uh for Bear to be invited to the SCF and this is my first time
• 54:30 - 55:00 attending the SCF and I must say I've been taking a lot of notes and uh uh I fully we are fully aligned in terms of the direction and with a view towards assisting or providing any suggestions we are very much open to collaborating with SCF during the external engagement process or workshops that you have in the future uh whatever the NC qg goals may
• 55:00 - 55:30 be whether it be 100 billion or by 2028 or 300 billion uh we are willing to share with you our specific combination of top down and Bottoms Up approach to addressing climate Finance uh in agriculture the reason uh uh we believe that we could potentially assist is that not only are we the largest uh agriculture Enterprise in the world in not in just terms of sales but in reach
• 55:30 - 56:00 to small holder Farmers which numbers about 53 million bulk of them being in uh developing economies uh but we believe that uh we have an opportunity to share with you real hardcore ground level truths going back to the point some of the commentators made earlier project level region specific case studies uh we have what we called five or six uh Global uh regenerative agriculture
• 56:00 - 56:30 SLG climate Finance projects are undergoing in developing economies uh where we have been able to acquire a lot of information and the interesting thing is I've joined be just three months back and I come from the development finance and uh agriculture world my role at beer is to do exactly what you're trying to do but at much smaller scale of course is to Galvanize
• 56:30 - 57:00 climate Finance focusing on Blended Finance Capital structures both from the public and private sector to apply to the public projects or public good projects that we have whether be the direct seeded rice project which is designed to build climate resilience uh in in India and parts of uh Asia uh or uh climate resilience seas that designed to benefit 20 million
• 57:00 - 57:30 small holder farmers in Africa or what we trying to do in Latin America uh covering maybe 10 to 12 million hectares of soybean and other crops uh along with agroforestry projects to support uh small of the livelihoods uh carbon sequestration so there's a lot of stuff that we're doing and I think sort of all de all hands on deck kind of approach um uh we believe that moving forward with a
• 57:30 - 58:00 view towards actually catalyzing uh climate Finance at a global level whether it be 100 billion or uh 300 billion uh we believe it requires a tripartite approach a combination of not just the uh investors and the investors alone if you scrutinize it could be a whole amalgam uh range of investors from your development Finance cial institutions to philanthropies to uh to not just your mdbs bilateral
• 58:00 - 58:30 but also commercial Enterprises uh commercial or impact arms or commercial Banks that's one element and then we can go into a lot more detail but two it's the various government bodies uh that you have all talked about but three we believe as a catalyst the role of multinationals or large corporates um should uh uh should not be underestimated given the fact that uh in in order for us to reach the
• 58:30 - 59:00 you the downtow and especially small holder uh small holders uh it makes sense to to uh work in a sort of integrated value chain approach which allows not just uh the climate outcomes that we expecting but also Financial uh uh uh uh realization maybe I'll just end here and have you to contribute as we move forward thank you you very much um
• 59:00 - 59:30 are there any other requests for the floor I don't see any thank you C I'm sorry uh we took a little longer but I think it was an interesting conversation please uh thank you everybody from the committee thank you Gabriella um thank you Richard who's here in spirits um so we're going to move to the next agenda item which is the for uh so we're going to which is at
• 59:30 - 60:00 Agenda item five and we are going to turn to our co- facilitators to finish up this conversation Elena and K and Britney sorry thank thank you so much um co-chairs so where we left off yesterday was um a really rich discussion on the sort of draft program um or the scaffold
• 60:00 - 60:30 for the program that Elena and I had worked on with the Secretariat um but we didn't have enough time to finish discussion so we said we would come back to it today um before talking about next steps and so the idea is now we're going to go to um observers who hadn't yet had a chance to comment um to provide some feedback and views on on where we move forward from here but of course if there was anyone else from the standing committee as well who would like to provide it additional views very happy to hear them um I don't know how we're
• 60:30 - 61:00 going on time uh coaches you give us a census how much time we have before we need to move on um but otherwise we'll just open up to The Observers now but Diane um yeah um 30 minutes maybe less because gabri took up some of your time so it's okay we we went over yesterday um so we'll we'll try and spend at least 20 minutes talking about um receiving views from the floor and then we'll talk AIT a little bit about next steps we also have a a brief presentation from
• 61:00 - 61:30 the Secretariat we want to save time for which will go into the budget um and some of the Visa related components which are important for the for the functioning of the Forum um but I'd love to open the floor now if anyone who would like to provide views from the observing constituencies yes thank you for giving me the floor Brett and uh thanks for the standing committee on finance for having this conversation um so Saudi Arabia speaks on behalf of the Arab group and uh in
• 61:30 - 62:00 regards to the schedule of the Forum um yeah we've on the program we've noticed that um similar as the SCF members have mentioned the element of differentiation between Regional approach is very important and uh I remember attending uh the previous Forum on gender which was an excellent organization there by the SCF Secretariat and the Ian government uh we had a highly Rich
• 62:00 - 62:30 conversation on different elements and issues and the element of uh particularity to developing countries was highlighted during that uh program so similarly to other previous programs the element of developing countries were explicitly mentioned in the program and thereby we would like to voice our uh uh opinion of having such explicit mention and particularity for developing countries as it
• 62:30 - 63:00 assumes the development level is the same as stands now but yeah this is uh my contribution here and thank you for giving us thank you thank you I think that Accords well with views shared yesterday as well so we'll take those into account as as we continue to develop the Forum program um we have a hand at the back I'm sorry I can't yes and please introduce yourself um thank you I'm Margarita Delgado I'm speaking on behalf of yongo the youth constituency
• 63:00 - 63:30 we appreciate the work done so far and the opportunity to contribute to the discussion on the SCF 2025 forum and in this regard we would like to emphasize several key aspects to enhance inclusivity Effectiveness and impact firstly we think that the main mainstreaming of key sub themes is necessary the SCF Forum should actively integrate sub themes such as agroecology food sovereignty gender indigenous people's and youth perspectives these topics are crucial for ensuring climate
• 63:30 - 64:00 Finance discussions remain responsive to the needs of the most affected communities and future Generations we Echo what Francisco said yesterday and also want to emphasize on the need for Effective virtual participation while we recognize the importance of in-person Engagement we urge the inclusion of virtual participation options that allow speakers participants and observers to fully engage this should include virtual breakout rooms with dedicated moderators and an interactive format to ensure
• 64:00 - 64:30 meaningful contributions from remote uh participants we also second Gabby's and Frances points made yesterday on the need for a diverse range of speakers to ensure inclusiv inclusivity and representation we really like the idea of the breakout rooms and we highly encourage adequate facilitation for them past forums have seen knowledge holders assigned as moderators limiting their ability to contribute substantively we recommend that all moderators be allowed to deliver scene setting presentations
• 64:30 - 65:00 ensuring they can both facilitate discussions but also share their expert expertise effectively we consider transparency and engagement participation to also be key so we in this sense we recommend that a list of participants including affiliations and contact details should be made available to Foster meaningful networking and collaboration this can be implemented through an opt out option at registration maintaining privacy while enhancing connectivity in this sense we follow up on VI's ideas from yesterday regarding the Forum as a
• 65:00 - 65:30 networking space which we believe will be further enhanced by a transparent participation list we also need improved followup and accessibility of outcomes in order to take learning into account the SCF Forum summary report should be structured to ensure accessibility and Clarity preventing key lessons from being lost we propose that co-facilitators host a follow-up webinar potentially post cop to review the findings ensuring brother dissemination and actionable takeaways finally we stress the importance of early engagement with the appointed co-
• 65:30 - 66:00 facilitators to ensure that youth women and Indigenous perspectives are reflected in agenda setting and speaker selection thank you so much thank you for those really concrete ideas um one of the things we try and do with the breakout groups is have at least last year we had responding experts um which we also thought was a valuable contribution but I think that's a really useful point on ensuring that our expert facilitators also have a have a a chance to contribute their expertise um and I've taken note of your other concrete suggestions so thank you that's
• 66:00 - 66:30 incredibly helpful um I've got a couple people on the list but keep putting your hands up and I'll I'll take note of you um the gentleman in the middle thank you very much um my name is Jaan marus I'm coming from eay local governments for sustainability and representation of uh lgma local governments and municipal authorities uh thank you to the co-chairs and co- facilitators for also allowing us to be part of this process um in support of
• 66:30 - 67:00 champ the Coalition for high ambition multi level Partnerships for climate action and um in alignment with the recognized need to engage with multiple stakeholders we urge the integration of subnational governments and their perspectives as crucial actors at the front and center of climate action and in order to uh support meeting the 100 billion uh commitments and N cqg um
• 67:00 - 67:30 commitments additionally we would like to urge as well the inclusion the inclusion of subnational perspectives by ensuring that public sector discussions um incorporate a multi-level governance approach in the 2025 Forum um of the the SCF also we would like to connect uh the the Forum to the outcomes that were generated and last year in September on
• 67:30 - 68:00 the eay and uh FAO event on City Food um uh which we think will be valuable for discussion thank you very much thank you very much it's really helpful I'm going to go online next to Isabelle Isabelle the floor is yours thanks very much Brett um and firstly thanks to you and Elena for all the work you guys have done um the preparation for this as well um as T was saying um last year's Forum was a great success so looking forward to this
• 68:00 - 68:30 year's one as well um just looking at the um your your agenda for this session um there's a lot of points that we're we like i' I'd agree with you there on um particularly welcoming proposals on Innovative approaches policy alignment um and the complimentarity with other unfc processes um I just wanted to come in because I think there's one area that is underrepresented um and that's agricultural finance that delivers for nature and biodiversity um as we know um any drive to increase Finance flows in
• 68:30 - 69:00 food assistance also needs to protect and restore nature and biodiversity um particularly noticing noting that biodiversity can support efforts to reduce negative effects for climate change um so it might be worth thinking about that um in the agenda as well um and then just finally to um speak to the points that I think have been raised by others in the room um particularly youngo around um agreeing with um bringing in points from diverse perspectives making sure there's diverse speakers and attendees um and ensuring that all can fully engage with the um with the discussions um but looking
• 69:00 - 69:30 forward to it thank you thank you uh Isabelle I think the point you made on the sort of co- benefits links well with what Gabby said yesterday as well with picking up the the co- Benet that's Nexus points as much as as possible um which is something we spoke about I think at SCF 35 um in some detail too thank you for your comments um I have at the very back yeah thank you um this time uh just for
• 69:30 - 70:00 EB um so on the um uh Forum of course we welcome very much this uh this topic we are uh as EBR very involved in the agricultural uh sector uh in the countries we work in um just a creative contribution here I think a little bit more emphasis on emphasis on the value change would be necessary and I'm thinking both upstream
• 70:00 - 70:30 and downstream um so Upstream yesterday I think sah was mentioning water but uh fertilizers is is key to the sector and uh without um so it's really if you want to work on sustainability it's also addressing uh how how to address the nutrients um and then uh more down streams I would um and if you want to have the private sector involvement also
• 70:30 - 71:00 think about the aggregators in in these uh sectors the Traders um that are very very important also for the distribution of the finance uh in in these processes and last but not least uh also um with relation to how developments in the EU on the on the carbon removals in the agricultural sector I and and the your Australian experience in this one and and a topic that also
• 71:00 - 71:30 very much connects to the biodiversity and nature agenda um I would also bring in the markets there uh as a as a source of revenues for the uh for the farmers thank you thank you that's that's really helpful and given your expertise as well it would be great to have AB participating in in the Forum to to share some of their perspectives too yes yes just a quick follow-up question to what the lady mentioned in the back earlier uh in terms of breakout session
• 71:30 - 72:00 breakout groups so what is the modus operandi from now to cop 30 and what would be the specific uh uh touch points that external observers like us could participate in uh with these breakout sessions of working groups or whatever you call that yeah sure so the Forum itself will take place in September um and that'll be it'll be a two-day event and over the course of the the two days
• 72:00 - 72:30 we have multiple discussion sort of focus points um and you might see in the in the papers shared for this meeting online um that we have a draft agenda at the moment that we're developing for the Forum um and in the course of that agenda we have different breakout sessions for small group discussions on different topics as part of the Forum itself so that's the breakout sessions that were being referenced sorry what is this forum you're referring to what when is this so every
• 72:30 - 73:00 year the standing committee on finance um hosts a forum we choose the Forum topics in advance so we chose the Forum topic for this year two years ago the Forum topic is on sustainable agriculture and Food Systems in connection with climate financing um so that's the topic of the forum for this year and what we do is we we spend the year developing The Forum program with inputs from observers and the standing committee and receiving submissions from expert groups um we go out to expert speakers and we we develop a forum agenda we have two days of discussions
• 73:00 - 73:30 and then after the The Forum we develop a forum report um and the standing committee sort of signs off on the Forum report it's a summary of discussions and then that goes into the cop for for consideration in September it's um it's all the information's on the unfc webpage no worries yes please thank you um Victor manat demand
• 73:30 - 74:00 climate Justice um I feel better bringing this up to now then yesterday just before lunch because I wanted to ask about hunger and where that fits in the program um I mean maybe it's already sort of embedded in the food security I idea but I'm looking at you know when we had up there on the screen um government perspectives Finance private sector Farmers producers and I'm wondering where where is you know it's about food
• 74:00 - 74:30 systems and where are the consumers of of that and you know I think of situations like in southern Africa um recently you know they've lost maybe but drought has destroyed 30 40% of the the corn crops they've had to go to the world food program emergency funding there um they've had to go deeper into debt to try to you know import more at at higher cost and so it seems a lot of governments are sort of you know trying
• 74:30 - 75:00 to juggle uh different financial instruments and and mechanisms and so on to address hunger and just like governments now are developing heat policy um you know hunger policy is something that is is emerging as well and clearly with links to to finance so I'm I'm just wondering where that fits or is it already covered because to just focus on the production side of the food system um you know also risks missing
• 75:00 - 75:30 the the the point of like it's it's about feeding people right and so how is it really how are we addressing those things and of course the market you know the food doesn't get to who needs it it gets to who can pay the highest price and so it just focusing on the production side doesn't really ensure that you're addressing hunger thank you that's a really good question um so the topic of the Forum and covers systems which obviously isn't just about the production side it's the entirety of the system um the the
• 75:30 - 76:00 linkage needs to be clear with climate because of the the topic of the Forum and the purview of the unfc and the standing committee but if um the climate Justice group would like to make a submission on how hunger could be incorporated into the The Forum discussions we'd be very open to receiving that um including the sorts of presentations you think might be useful and topics for discussion that could be incorporated um we we're still quite early in the year and Elena and I are in in a learning capacity for a lot of
• 76:00 - 76:30 these things as well um so if there are things that you think would be useful to cover we're really happy to hear them Ela did you want to come in um thanks BR and thank you thank you for your um your comments I think it's it's really um timely in the sense that I think so while the title of of the Forum is Food Systems it has been brought up in several submissions um including by by uh g77 agricultural
• 76:30 - 77:00 uh agriculture coordination um the importance of having food security also be like a a theme or a sub theme throughout the the the the Forum precisely because of that because it's more of it it does become a a where's the consumer part of of all of all of it right um so and I think it's I think it's why um in I believe was the first session it's what is the Nexus between food
• 77:00 - 77:30 security climate um Food Systems Etc um and then bring it bring that weave that also in into different parts of the of the of the the program um so it the it has been brought up in several submissions you you might not see it now reflected in the outline is because we still have to put the meat into what what goes into every session um but really really appreciate your your comments and we will take that that in as to how we include that um that
• 77:30 - 78:00 aspect thank you um so You' have heard from the Poli team and we will now move on with t could those of you joining online please make sure your mics are muted thank you and thank you Elena were there any other comments from observers great thank you everyone for your inputs um it's really helpful and our doors always open so if you if you'd like to continue discussions or follow up more I know for example our colleague from yongo suggested it might be yongo
• 78:00 - 78:30 would be interested in a discussion with the co- facilitators we're very happy to accommodate that um as as we can find sort of time maybe once we've got a more Complete product it might be useful um so but very happy to do that um with that I might throw back and then to to Noah because I think Noah did we have a presentation yeah thank you
• 78:30 - 79:00 yeah isn't are you happy to do it now yeah so yeah so um the I think the the update we were hoping to give you now was a sense of some of the logistics related to The Forum including um the budget um the funding profile which is zero at the moment
• 79:00 - 79:30 um as well as some some things on the Visa so Deb thanks uh Brit um we are working closely with our counter Parts in FAO on the legal Arrangements of hosting the Forum so the Forum is planned to take place from 8th to 9th September at the FAO headquarters in Rome um regarding the facilitation of visas for the Forum participants and SCF members this came up um at the last meeting as well um
• 79:30 - 80:00 we're seeking the support of the Ministry of Foreign Affairs through the ministry of environment so big thank you to Karima for that um this Arrangement will enable the Secretariat to facilitate visas for the designated Forum participants who need the support um coming to funding Arrangements um as you may know the Forum is finan through the supplementary sources um we look forward to active
• 80:00 - 80:30 support of contributors towards the participation of experts from developing countries um 2025 is a very important year in Rome it's the Jubilee year um so there are millions of pilgrims visiting the city therefore with the predictable pledges and early fund transfers to the Secretariat we would be in a position to start the preparations sooner than later sooner being our reference to be able to
• 80:30 - 81:00 avoid the peak season rates and maximize the utilization of the contributions to cover as many developing country experts as possible thank you thank you so much Deb um so one of the things we will when we get to the outcome session of the meeting is We'll be asking um for SCF members to agree that we move forward in developing the program on the basis of comments um and it's we do now great can we put the
• 81:00 - 81:30 slide up Elena would you like to do this SL but now now you get to present Noah um okay so um with that we've we've um definitely taken good notes of all the comments by the committee by observers both in person and online as to how we can uh come up with a new
• 81:30 - 82:00 proposal for for the the outline a draft outline for the Forum um so just just to sort of brief recap um two B two big things I think we reappointed Brit you reappointed Britain myself as co- facilitators for the Forum this year uh so that is an agreement um and then the other agreement is to request uh both Britain and I co fac ators to develop a draft Forum program for consideration at SCF 37 so in June um and we'll take into
• 82:00 - 82:30 account all the views expressed by members observers um on the draft that we presented to you uh yesterday um so so with that um I think just to to recap the next steps again just like um Deb just just just informed us so we engage SCF members uh in fundraising activities for the Forum I think that is key if we if we want to have the diverse uh representation and ensure that every
• 82:30 - 83:00 region um from developing country is there represented uh in know in a balanced way I think that is that is key that we can get that fundraising um as soon as possible so we'll get started on on that um so the Secretariat will continue the legal Arrangements um and with the hosting the Forum with FAO in Rome and there the so the synthesis of submissions that was presented for the meeting based on the uh 24 submissions that have
• 83:00 - 83:30 been presented by February 8th this will be updated to reflect all the the new submissions that have come in and any other ones that are on the way so if any any member party Observer still wants to to submit um make a submission it there there's still some coming in in on a basis in the next couple of weeks so um I think that that covers our
• 83:30 - 84:00 topic thanks so thank you co- facilitators so with that can I gav to say that we agree with the way forward and break for go for coffee break Vick so fast come on it's a it's a brief question but yes okay this is a 2025 Forum I just also want to to I see if it's our
• 84:00 - 84:30 understanding that uh the topics for the 2026 Forum will also be discussed at the next SCF meeting but um that's all I'm I mean that's also something that we all agreed to and perhaps even a 2027 Forum I thought that was a good idea as well yeah because it's the next steps I think that was also something that was agre but thank you yeah you're right SCF 37 is to we'll discuss the topics for the next next two two years forums yeah I think we do that in the context
• 84:30 - 85:00 of the discussion on the work plan though yeah um but that's my understanding too go ahead there go thank you very much uh only only um I was thinking I think the the forums all time traditional form of organization TR methodology of forums is a a little bored because we have uh some
• 85:00 - 85:30 presenters and others comment uh I think it's not productive I think we we have to thinking other methodology we have to change some methodology for for uh The Forum will be more productive we have a Real Results for for the debate uh because this topic are very very important maybe uh we could uh initiate if if we have a uh resour if you have a
• 85:30 - 86:00 a technology maybe we can start the debates in the online we have we have we can open a one month debate in the topics about the topics online and in the Forum we can uh disc or we can debate in these points maybe it's if if it is possible suggest thank you for those good suggestions and we had a lot of good
• 86:00 - 86:30 suggestions from everybody so um remember um committee members we have a modality of work so Britney and Elena will be um working throughout between this meeting and next meeting so um you always have an opportunity to keep in touch with them and actually join them when they're having their stock Tak on on the meetings so um this is not the end of it so but we have Ed on this and we're going to go and take a break um don't St too long cuz we still have quite a few things to get through but
• 86:30 - 87:00 thank you everybody this was a good session this morning so far yes please come back at 11:20 20 post 11 thank you
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• 116:30 - 117:00 hi colleagues we're going to begin in a
• 117:00 - 117:30 few minutes um we grab our members and thank
• 117:30 - 118:00 you e
• 118:00 - 118:30 um yeah uh thank you um Kima is not uh
• 118:30 - 119:00 in the room I think she's in uh a call so we will um we will We Now turn to agenda item 7A which is a preparatory work on the 7th ba and uh I would like invite the co facilitators Vick and aan to coordinate facilitating the discussion and agree on a Way Forward I will give the floor to
• 119:00 - 119:30 Vick over to you okay thank you aonia so um well we spent quite a bit of time yesterday going over um this agenda item so today we just wanted Vicky and I just wanted to outline our way forward basically um so it's not that we have decided much or anything but it's just the process and the pro um that we're going to go forward so our work that we're going to take forward is
• 119:30 - 120:00 going to be in the we plan which we have and we are hoping that um Vicky and I discussing it I think there was a time when we had intersessional work we did invite U we used to have breakout sessions we used to invite persons in the breakout session to join us um to join online with the ba so that could be something that we could um also talk about because we do have some time this to plan and get it together and so it's not just planning and discussing at the meetings alone but we can work ensure
• 120:00 - 120:30 that we have participation During the intersessional period um as we move along um with respect to um some of the questions that we have feedback from some of our committee members we're talking about um um our planning that we're looking at will take into account as we mentioned in our presentation and the opening session yesterday um we take into account data gaps for the NC um Ugg um we talk I know that petus was talking
• 120:30 - 121:00 about the issue of definitions um and we have different elements related to article 9 9.4 9.5 4.5 and 2.1c of the Paris agreement all of which will be addressed in the upcoming ba to our work Vicki and I as well as the Secretariat um we do have Consultants working with us on this one and is to basically um start our work um to basically incorporate all of those so
• 121:00 - 121:30 um this session this afternoon just a reminder of this is the approach of that we're going to use to go forward and um yeah so that's it and Vicki you have anything else to add that's it so with that do we any comments uh
• 121:30 - 122:00 petric thank you Diana I I briefly I just want to suggest something that in the future work of of B I think since we we are bound by article 9 of of the Paris agreement which talks about both provision and mobilization maybe in the absence of of a clear functional definition on what climate Finance is all
• 122:00 - 122:30 about I would like to suggest that this report or the analysis thereof be divided into two aspects one that talks about the amount of climate Finance mobilized and then the second one that talks about the the the amount of climate Finance provided of course in line with the convention and uh all the obligations
• 122:30 - 123:00 thereof thank you okay thank you petus um any other comments that's loud and clear um all right so um so with that I don't think we have any comments from The Observers no okay so um well thank you very much I know we don't have much to save on this
• 123:00 - 123:30 particular agenda item because we're just still in planning mode um one second so we're just going to put on screen what we're agreeing to for today
• 123:30 - 124:00 so um so this is what we are going to agree to move forward in the next between now and our session in June and if we have no objections um this will be
• 124:00 - 124:30 agreed so we hand back over to the coaches aalon you okay thank you so much um members we are going to now move to agenda item six which is the guidance to the operating entities of the financial mechanism of our convention so I would like to invite um Kima and Ali to continue um the
• 124:30 - 125:00 facilitation and finalization of a discussion at this meeting uh Kima over to you yes just to uh so good morning again everyone um just to end over to Ali we agreed he will uh present the revised approach and as yesterday we'll try to moderate the session please thank you very much uh Kara uh can you confirm am I audible to
• 125:00 - 125:30 everybody we can hear you well okay thank you very much uh thank you uh for your constructive comments uh yesterday uh Karima and I heard valuable views from all committee members and observers some members uh noted uh that conducting two rounds of submissions uh could be challenging and they expressed reservations about inviting submissions ahead of the next uh SCF meeting in
• 125:30 - 126:00 June instead an alternate approach was suggested that the SCF engages with parties during the intersectional period ahead of uh 37th meeting of the standing committee in finance to GA their views on the draft guidance uh this uh would enable SC CF to identify key elements of the draft guidance at the next SCF meeting additionally uh we heard a perspective
• 126:00 - 126:30 on the importance of annual reports uh from the operating entities emphasizing that submissions uh should be prepared with a good rationale taking these points into account uh we would now like to present uh the following prep activities to prepare the draft guidance and I request the Secretariat to uh display uh that on screen uh I can
• 126:30 - 127:00 see it's on the screen uh and the same uh revised uh activities were were also emailed to SCF members uh 3 hours before and now I'll go through uh the Revis uh activities number one is that co- facilitators will convene formal consultations with parties to together
• 127:00 - 127:30 views on the draft guidance regarding the policies programming priorities and eligibility criteria of the operating entities of the financial mechanism During the intersectional period prior to the 37th uh meeting of the SCF second is uh building on the outcomes of the informal consultations the SCF will initiate substantive work at the SCF 37 to identify the elements of the draft
• 127:30 - 128:00 guidance uh me and Karima will engage with the co-chairs of the governing bodies of the operating entities and explore opportunities to align timeline of their annual reports with scf's uh timeline for preparing the draft guidance and number four is that the co- facilitators will continue to engage with other constituted bodies such as adaptation committee uh Tech and XCOM uh
• 128:00 - 128:30 to share their activities for preparing the draft guidance and provide guidance uh on preparing the submissions and lastly uh taking into account uh the elements of the draft guidance identified at the SCF 37 and uh the submissions received thereafter uh the co- facilitators uh will prepare a pre-final draft guidance for consideration of the 38th meeting of the
• 128:30 - 129:00 seu these are the Revis uh set of activities uh as per uh your guidance yesterday uh I want to emphasize here uh that under this scenario uh we can launch the work in advance of the next SCF meeting by gathering parties views on the elements of guidance for this year we believe that this preparative work uh will be helpful for SCF to prepare for its final meeting when it
• 129:00 - 129:30 will finalize the draft cardens hopefully uh this scenario however still leaves the SCF in a very tight window before uh 38th meeting of the SCF that is scheduled to be held uh from 10: to 12 uh September to prepare submissions and conduct the necessary technical work before for the annual reports uh because the annual reports of the GCF and Jeff are expected in mid August and and more importantly we're not sure when the FLD
• 129:30 - 130:00 report will be issued so to address this the activity number three where we have suggested that we'll engage the co uh chairs of the governing bodies of the uh of these Financial entities uh is key uh the SCF uh should ask the these three operating entities if they can provide their annual reports a little bit earlier uh given the timing
• 130:00 - 130:30 of the board meetings uh as we know that the Jeff Council uh is scheduled in June and GCF 42nd board meeting uh is concluding on thir third of July and fldd sixth board meeting on uh 11th of July the OES uh will be requested to release at least an advanced version of the reports by July this would uh be highly beneficial
• 130:30 - 131:00 in ensuring that the submitters have enough time to prepare effectively uh with uh this explanation uh I open the floor and I request Karima to kindly mod the discussion from here onwards thank you very much thank you very much Ali for presenting the new approach I see petus please go
• 131:00 - 131:30 ahead um thank you coaches um I think this this topic is quite very pant in light of a need to undertake or to be to take an integrated approach in this whole uh multilateral
• 131:30 - 132:00 process we are in a decade of action where a number of processes are being undertaken simulaneously I myself happen to be a bit more privileged being at the Helm of the m atal environmental agreements that include a lot of other many mayors in
• 132:00 - 132:30 the process but I think limiting these linges to to to the convention and Paris agreement only might not be the best way to to deliver on on on on climate Finance I think in the first day I talked about many other M Lal funding windows that are
• 132:30 - 133:00 that that exist out there including those that are being also crafted and un CBD unccd SES and other mlal fing windows I remember under unccd for instance we we worked hard to find a way on how we can ensure that the the three real conventions are are synergized whereby I think the former
• 133:00 - 133:30 executive secretary Miss monik babot by then identified three key indicators that that allows the meeting of the three real conventions so I I I think by now we know the synergies that exist within and among a number of malal funding Windows of which I think if all the resources if
• 133:30 - 134:00 if harnessed properly it will go a long way to to deliver on on on environmental Finance in a broader perspective I think we we need to to get away from this Silo kind of way of doing things and and and really broaden the Spectrum on what could also constitute climate Finance outside this this process and um with that being said I'm going to suggest that we also
• 134:00 - 134:30 then try as much as we are convening a forum on food and other systems I think there's need in this process for us to to to establish a forum on on on environmental or climate Finance where we invite all the key bodies that that that that deliver on en on environmental Finance so that we can craft the best
• 134:30 - 135:00 way on how we can ensure that all the the the the processes within the the mayor oral process are are well taken care of you can invite Jeff adaptation fund uh funds that are under B diversity CCD and and other multilateral environmental agreements so that we see how best we
• 135:00 - 135:30 can deliver on environmental and climate Finance in a broader perspective thank you thank you very much uh petus for the relevant reflection indeed um I see aonia thank you petus and um thank you for sharing this reflection and I would agree with you maybe not in this under this specific uh work stream but uh we
• 135:30 - 136:00 can add this point in the reflection that we will do in the context of the new mandate for ncq because it's really important that we are able to identify the synergies and U with other as you say um with other agreements for not only for the environmental agreements but I will go for instance for the sdg 17 and all the means of implementation to achieve them and where are the
• 136:00 - 136:30 synergies so I think it's really an important point that we can consider in the the context of the our reflection for the ncq Mandate implementation because something should change and not only for the SCF but in general thank you for this thank you APO um I see channe please um thank you and um just wanted to mention that perhaps um Guidance with
• 136:30 - 137:00 only with in respect of policies programming priorities and eligibility criteria I don't know how how we what kind of guidance we would give on eligibility criteria because the eligibility criteria is something that has already been established and uh other than of course saying that it is being followed or not followed um was wondering uh the need to have um you know if we have to talk
• 137:00 - 137:30 about the guidance we must talk about how are these um Financial uh or the operating entities are they performing in terms of its of their in effectiveness of their interventions is their efficiency in their functioning uh it takes several years for Pro projects to be cleared by when the clear by when you know it's already um the the the competence of the products projects have already undergone considerable
• 137:30 - 138:00 change because the the reality has changed other than that I think those are aspects that also need to be cons you know you need to have consultations of parties because they've had experience of this um just just providing guidance on their policies and programming priorities may not be enough um in in in trying to make them more effective as entities trying to
• 138:00 - 138:30 meet the Mandate of the of the um unfccc and uh the Paris agreement so um I think it's very important to bring in the the need for an uh guidance also on improving their efficiency improving their effect Effectiveness in their functioning and if that can be included into the first bullet it would allow for richer submissions than just submissions
• 138:30 - 139:00 on uh the the programing priorities where only countries are going to give their priorities which pretty much would all be part of a subset of the existing programming priority so I don't see any value add in the in in uh the components on which we are seeking the views we need to have a broader um aspects that get covered and and so
• 139:00 - 139:30 the experience of parties should also be shared and from there whatever guidance they would want to give uh to the operating entities should be uh should be possible of course that is if the parties want to speak to it otherwise it keeps there it doesn't matter thank you very much uh channe maybe yes just to remind of course ourselves that uh that the the language there policies programming priorities and eligibility
• 139:30 - 140:00 Cera come from the article 11 of the convention so that's you know the language we always refer to um but of course this um this is the framing the broader framing we are we are um working uh on ER I see uh Zahir please go ahead thank you very much uh Remar yeah uh I think I think just trying in my own head to understand the process that that we usually uh do is
• 140:00 - 140:30 that the issue of the guidance is largely uh guidance that is given in terms of how the uh operating entities are functioning so when we talk about the policies programming and eligibility and that it's not about pronouncing on that but rather uh views on how it's implementing the policies or implementing the programming or whatever that may be um the issue of when you really look at the policies and
• 140:30 - 141:00 programming those are kind of stuff that comes up in various in the reviews of the financial mechanism and that's a different discussion all Al together uh and I guess also the guidance that would be given prior to any replenishment process might touch on these things of the policies and that because during the process of a replenishment process there might be some discussion around some new policy uh the question I have is uh maybe just a bit
• 141:00 - 141:30 of an explanation in terms of what is understood by elements are the elements the actual content that you are looking at or is it more broadly speaking the Thematic areas that we are looking at uh because I tell you the challenge you have with the guidance is that uh the guidance is given in respect to your assessment of how the fund has been performing uh let's say I'm a party and
• 141:30 - 142:00 I'm uh uh engaging with the GCF or something the guidance that I'm giving as a party to Broad would be based on my assessment on how the GCF has been performing in relation to my experience with the GCF and hence you find guidance giving uh around the time it takes takes for project approval or the time it takes for accreditation and all of these things but in in order to to form and
• 142:00 - 142:30 inform you know you can't do it by the next meeting because the the gcf's first board meeting is now and it's approving things and throughout the year it will go and hence we had the process of getting the report because the report from the GF would in in in in its intent would give you two things it will tell you one how it has responded to the guidance that you have given last year and forward looking what
• 142:30 - 143:00 it has done this year and based on that we then form informed decisions and that so I I'm I'm kind of like just trying to get an understanding of what is it that these elements would be at at uh SCF 37 that we would be uh dealing with uh the other thing that is sort of not there uh is we haven't still answered the question of why people reject our guidance or and it's not on the basis of
• 143:00 - 143:30 the content of it it is on the basis of people's understanding of the process right and it's not going to solve it by because the reality and I I think our colleague from the Arab group raised it yesterday is that if you don't have a Clarity on the process then you're always going to have the situation because then when you go out to outreach to parties on consultations
• 143:30 - 144:00 or something but if they don't quite know how you're going to go about doing it what is the value of the consultation and we've always struggled with the fact that uh uh many of them accuse us of being the ones negotiating the guidance here or us preventing others from providing inputs at the time of the cop and then we lead into this whole discussion about oh it's a party-driven process and who the hell is the SCF to tell us we can submit guidance and that so I I have
• 144:00 - 144:30 nothing uh you know in terms of what you have here in the decision but what I fear is that we will still not address that problem and we may want to also reflect and prior to having the consultation at least amongst ourself you have some kind of a common consensus around how we're going to approach it remember we had theck about things we didn't quite know we put it in a table somewhere and then we had all we had all kinds we tried all kinds of things and I think uh just what the parties don't
• 144:30 - 145:00 understand is that uh in terms of the SCF we have gone out of our way to try and accommodate and and and help the parties and that's the whole process of the guidance but you know it views and that so I don't know uh I don't know if it's part of the work of Karima part of a broader discussion on the S but we need to find some way of how we're going to approach this and be able to communicate that fairly early to the parties so that once we embark on the process at least there will not be uh a rep repetition of uh what happens in the
• 145:00 - 145:30 past when when we submit guidance and that so thanks very much thank you very much uh zah here and looking forward for maybe a a more detailed discussion on uh on that I yeah I'm pretty new to that role so I feel I'm not grasping the the whole experience that you have on on this topic so happy to continue conversation Gabriella please thank you very much Karima it's actually very much in line with what
• 145:30 - 146:00 sahir just was saying and that was also my understanding for from our conversation yesterday that first bullet is about gathering information more on the process and the format of the product that parties and groups of parties want from us that we produce and not actual substantive elements of guidance but the the the type of product they want us to produce and how they want us to produce it um because that's
• 146:00 - 146:30 what we most struggled with and we had all different kinds of things we've done it's like agreed elements non- agreed elements separate we had tables we had just a collection of everything we had a collection of everything removing duplications with past guidance we had yeah all different kinds Noah can I'm sure give you an overview of all the different types we've tested and personally I would be interested to understand from parties what would they
• 146:30 - 147:00 prefer us to do and then we can do that and then we also have a higher chance for them to use what we produce um ideally the most forward leaning that does as much of the work as possible to remove the work from the cop because we don't have time there so that that would be the ideal outcome in the past when we went further they weren't very happy with us because it seemed to have been unclear how we arrived at that
• 147:00 - 147:30 document and that's the procedural part so if we can address that um that would be very I think very helpful um and that way also kind of addresses the question of sahir of what as elements art and the comment I think Diane made yesterday which was very similar in terms of the the reports only come out then then what do you provide guidance on um and then you also don't have this challenge of is it everything or nothing it's the the policies programming priorities and
• 147:30 - 148:00 eligibility criteria as you pointed out they come it comes from the Mandate of what the guidance is and so it has to remain in that in that frame thank you thanks uh thanks to you Gabby and uh yes definitely that's that's also my simple understanding that we need to facilitate the work of the cop and then the CMA for the guidance so that's uh yeah that's important to yes to understand what product we need to produce please
• 148:00 - 148:30 Apple yeah it's more a question than uh just I guess um uh what if the um the review of the um clim the vertical climate and environmental funds done by the sustainable Finance working group at the G20 is relevant for uh for this uh specific work because um uh last year uh they produced an an interesting uh uh
• 148:30 - 149:00 report and um there are also some recommendations from G20 on uh on this specific topic maybe I will invite you to so to read that because uh I mean it's only G only 20 countries uh in in that Forum but it's really important to have also this connection with different forums as we said in the retreat it also yesterday is more suggest over to
• 149:00 - 149:30 you thank you for reminding us of that important work Diane sorry thank you um so Kima I was responsible for during guidance and I'm not as frustrated as everybody is I think we have to understand that um I agree fully with a year and I think um in the first submission that you have maybe once you have that maybe in your work plan if you can contact the chair of the various um negotiating groups to
• 149:30 - 150:00 just have a consultation with them I think that would be extremely useful into explaining um because when we get to the cop it's just too many things right and the finance items tend to be held off for the last week and it's more than 10 of them so the attention span of a typical climate Finance negotiator is not very helpful to a productive process that is a fact I mean I see I envy the
• 150:00 - 150:30 adaptation team the tech team the tech negotiators I'm listening to them I think I had to Cher something you want in the tech and I was just so pleasantly surprised of how easygoing it was like I think we in in the climate Finance field we are just like we're not even realize we're being treated badly but we're just like in that space um so I think it would be
• 150:30 - 151:00 good to speak to the chair and explain that do process with them um I used to do that as well to explain with everybody what the process would be and the rational behind the way that we I think that explanation we kind of fell away a little bit but it's important to do it and then um so when you get to the cop at least and and make sure you're in the room if you're not sharing the session you're in the room to just basically explain I ask for the secretary to give you an opportunity to explain the process once you're in the room that is something we used to do and
• 151:00 - 151:30 then um and then they could rip it apart after that still but at least you've had your explanation in with respect to the process finally we have to all realize that in negotiation the finance um agenda items are leveraged for other things is held as leverage so so um no matter what you do um if you want and this is not developed or developing country um negotiation Dynamics this is
• 151:30 - 152:00 even within g77 or even in within groups right so um we all see that getting an outcome because when you get an outcome in other other negotiating stream is forwarded over to the guidance so if they have Financial implication for whatever adaptation decision Tech decision and so it comes over to guidance and then whatever you could not figure out in that process you just kick it over to the guidance so that is the Dynamics that we have to understand
• 152:00 - 152:30 there's nothing we can do about that here so if we practice acceptance and know that that is what's going to happen it's no reflection on the standing committee and the work that we're doing but we just um I think we could do a little bit more work on explaining the process to the chair to the focal points of for Finance in each group the chair of each group and then um we can track the process to see you know what is been I I keep getting asked all the time what
• 152:30 - 153:00 should we do I said well it's it's being held as a barget and Chip you just have to wait until you know you hear the word as packages like a package deal right and then so you know everything that we submitted must be part of must be prepared for the worst case scenario that is going to be in a package deal and then I mean and that is the right of the parties and when the standing committee of Finance members try to get
• 153:00 - 153:30 in the way of that um right that they have then they literally shred all of our outputs and sometimes don't even want to adopt them so I think we just have to be respectful of that process over there and um be prepared for and get ready for it right and and and that's what I would I would say that for the work plan but we can do some more during the year to get ready for it and get other persons ready for it so that if they're going to rip it apart at
• 153:30 - 154:00 least they'll come and apologize first and say I'm so sorry but I'm going to rip it apart all right thanks indeed totally agree the I mean the information should be as symmetric as possible and uh yes being clear clear on the process is is basic and uh yes I think we've seen also in Baku that I think some transparency discussion at some point just um swifted over the the uh the guidance room so and maybe that's a relevant point just just a question
• 154:00 - 154:30 just that popped out in my mind maybe you know in this conversation also you know to to to ask or to understand if other non Finance item would actually need uh some uh space in the guidance that would be good to know in advance so probably um yes thank you very much aalon you want to come back no problem ER any one online or uh observers on
• 154:30 - 155:00 this okay I don't see any apparently um yes so maybe I can ask Ali if he wants to add anything or react um on on that thank you thank you very much uh Karima uh my uh uh our basically our view of proposing uh this uh I guess the most of the
• 155:00 - 155:30 discussion was on the bullet point number one that that whether uh we should engage the parties or not and I guess there is generally I see that there is a willingness to engage all the parties but on uh on the sub St that what should we discuss with them there is a clear guidance from the committee members that the the list uh which of
• 155:30 - 156:00 topics or themes uh which we' have highlighted in our proposal is is at least restrictive and and and and as he said that maybe uh there is a need to engage parties uh to uh to have a discussion on uh the process and the format of the draft guidance so with uh so so so in general uh with with some uh amendments uh in
• 156:00 - 156:30 the first uh uh bullet uh we hopefully be able to uh agree on our approach uh just after this meeting and and uh it's up to us uh uh as committee to whether uh try to amend this uh outcome Al so of this agenda item here on screen or uh or
• 156:30 - 157:00 whether uh we should suspend this agenda item for for some time and come back to it in uh in some after concluding other agenda items uh that's all from my K you want to add something not really on uh on substance uh of course I mean at least from my uh
• 157:00 - 157:30 side uh I'm happy to continue conversation among as Ali but also with other members and happy to build on the experience of Diana and you know who had a past experience on that um would be very happy um so maybe uh I think we can then hand back to the co-chairs for kicking us forward okay thank you Ali and Kima so
• 157:30 - 158:00 with that can we may I ask the committee to adopt the outcome as shown on the screen um and as we have discussed and and taken into consideration that this is a work in progress and and here we no objections we will adopt the outcomes on the screen yeah and thank you now we go back to the 100 billion progress report to uh agree on the way
• 158:00 - 158:30 forward and uh I will give the floor to um Gabby I assume over to you yep I guess so unless the what did you say yesterday the miscellaneous no Infamous the infamous Richard mongi is is online I don't see him and I don't hear
• 158:30 - 159:00 him so there we go um thank you can you put on the slide this is still the guidance slide
• 159:00 - 159:30 there we go now that's the Forum thank you um here we go so you already appointed Richard and myself as facilitators thank you and requested us to draft an annotated outline and work plan um no you haven't we're doing that right now I'm sorry um we're asking you
• 159:30 - 160:00 to to request us uh to prepare the annotated outline on draft work plan and um the next steps will be that we develop that and um we will pay special attention to the question on data gaps and accounting methodologies uh used as well as Lessons Learned and and the whole cluster of Effectiveness um in a bottomup approach uh we'll look at that and try to reflect that also in the
• 160:00 - 160:30 outline any questions I don't see any Flags right so I'm passing the floor back to you coachers so may I ask that the committee adopt the outcomes as sh in the
• 160:30 - 161:00 screen I do not see an objection adopted so now we turn to agenda item four related to the updated SCF work plan in 2025 uh during the retreat but yesterday in particular the SC have um discussed the current and additional mandates in the work plan all the mandates are you ready all the mandates
• 161:00 - 161:30 from the cop and the CMA are reflected in the updated work plan contained in Annex one of the background note we exchanged ideas on disseminating the SCF reports with a view to making them accessible to The Wider Finance community and I will say also more than the finance Community uh we suggest the following activities to be considered as a part of the work plan in
• 161:30 - 162:00 2025 thank you uh SCF co-chairs will produce a dissemination plan uh During the intersectional period and with support of members organize Outreach webinars on 2024 reports and explore dissemination and Outreach events including during the June sessions in B but I will also say um in the context of more fora not only
• 162:00 - 162:30 the unfc uh Forum um SCF co-chairs to explore organizing a technical expert session on information and data sources availability and gaps in relation to the elements of the ncq decision during SCF 37 so just to support our reflection on how we can implement the Mandate on the ncq it's really important that we can start already involving experts external
• 162:30 - 163:00 experts in this reflection in the next uh meeting ASF co-chairs and members to engage in relevant meetings and events with the view to announce Outreach with a wide range of stakeholders so it's really important then we will consider also in the dissemination plans the production of materials to support this dissemination so we are in so many regions so we can take the opportunity to to work with
• 163:00 - 163:30 our um with the stakeholders also in our region so it's not only under the responsibility of the coess but it is under the responsibility of each single member of the SCF SCF members are invited to provide suggested topics for its Forum in 2026 6 and 2027 for consideration at SCF 37 we will I think the Secretariat will send an email to remind you on on this point not only on this point I
• 163:30 - 164:00 think that it's really important that we uh we start this discussion uh in the next meeting so if you can provide uh these inputs it will be really important um so now I will open the floor to your um consideration Reflections and comments on
• 164:00 - 164:30 this yes please thank you so much appal I wonder if there's um any sense you have is when we can have a discussion around the budget for the SEF activities I know that was something we said we wanted to to to do with a view to then how that informs um Outreach activities and and some of the forward work plan and I don't know if there's a way to build that into the um agenda but in trust
• 164:30 - 165:00 that that will be folded in at some point but just reminding you that that was an important thing that we all thought we should discuss um either intersectionally or at SCF 37 yeah thank you Brit for this we asked to to the Secretariat already to do this analysis but maybe we can can have this discussion in the next meeting what do you think so are you ready to do no maybe we can have this discussion in the next meeting to see how the we can
• 165:00 - 165:30 Implement uh potential uh dissemination plan and new activities and the current one and uh if we are able we can also uh provide you with uh uh more information intersectionally okay additional question sorry Gabby sorry um two of the budget just had a little chat here one of the
• 165:30 - 166:00 challenges the their challenges attached with the scale of assessment which was updated whicha impacts on the budget and so on and so that's why the budget negotiators have to first have a conversation about that which impacts the scf's budget and everything else so we would suggest that the secretary just shares the information as it is today probably intersectionally by email what the current statuses of funding that's there what would be needed so we know
• 166:00 - 166:30 what the financial gap is uh especially for those of us who make rep have countries in their backs that do make uh voluntary contributions I think it's an important information to know where we stand um and then you can place an asteris or something knowing that there may be subject to change depending on the budget deliberations in June something like that yeah thank you Gabby maybe we can share intersectionally but it means in one week if you can I think
• 166:30 - 167:00 that you are ready to do this analysis on budget no in one week maybe Deb can provide you with more information where on where we are uh thank you co-chair just um to let you know that there would be uh project proposals being sent from the Secretariat uh on the funding needs for
• 167:00 - 167:30 2025 so this is with respect to the the ex existing 2024 2025 bayum budget so I think that let that process uh uh go forward and then um as we did last year um during the these intersectional work plan updates um we would uh share also then the status of the budget um it would just give us a bit more predictability if we wait a few more weeks and wait for those letters to go
• 167:30 - 168:00 out uh officially um and then we can provide you with a better scenario that's okay for now thanks you Deb does it work for you all this is it okay okay thanks uh a a point made by yeah Observer please thank you for giving me the floor uh just a question on the last Point uh I'm not uh uh familiar with the standard
• 168:00 - 168:30 practice of suggesting uh Forum topics but uh are these exclusively usually suggested by the SCF members or also there is an open for sub missions toward other parties and stakeholders thank you thank ke for this just to clarify this is the the procedure so is are the SCF members proposing the topics that are discussed and then agreed but of course you can always uh rely on U your uh the
• 168:30 - 169:00 members in the the committee to to propose your topics I mean so no additional question uh so may I ask that the committee adopt the updated SCF work plan in 20125 is agreed in the activities as
• 169:00 - 169:30 shown in the screen with the budget consideration which is not there to express no objection so it is approved and I have also one single reminder I think that we all have received the request from the Secretariat for a short B to update the website with our I I have not yet sent mine but uh maybe I can I would invite you all
• 169:30 - 170:00 including myself to to reply to this request of the Secretariat if you can do when you are in the airport on the St station tonight it will be fantastic as I said including myself okay thank you aonia so we're going to turn to agenda item eight um so um which is the linkages of
• 170:00 - 170:30 constituted bodies of the convention and the Paris agreement so yesterday you got a little homework um some of you had a table with a list of um bodies that we normally interact with during the year and to you know take a look to see um if he would like to serve on on those bodies also we know that some of you are here representing um k for one meeting representing the substantive member of
• 170:30 - 171:00 the committee uh we're hoping that you would have contacted that member to see if they can participate I mean of course you can always join so um here we are now with um our our listing so this is another opportunity for us to you know as the earlier week can have your name the easier we can plan going forward so we can schedule your workload for the year before we get too busy with everything else so um we have adaptation we have
• 171:00 - 171:30 only apalona anybody else um would like to interact with the adaptation committee and the like it's interesting so please join me in this yes um Gabi I don't want to participate myself I'm just making the observation I was there before so it was good it was good um I I just want to make the observation that we have a very heavy Annex one overhang right now and would very much appreciate if our non
• 171:30 - 172:00 anex one friends would join us so yeah just making that stti I mean if you need more time to to think about yourself in this specific role maybe you can send you can send an email intersectionally proposing yourself I mean but it will be nice to see also today more hands on this uh for me I um I happy to work with
• 172:00 - 172:30 Gabby on mitigation related matters if um you can add my name to there um and I think one of the issue with non uh non anex one is internet like we all struggle um with that um internet and most of this work is done virtual so um that is one of the the issues that we face um so this is uh that we have capacity
• 172:30 - 173:00 building I know a lot of us in developing countries we're inviting developing countries to to participate in our capacity building Diego I see you looking longingly Maybe volunte yeah I I will put my also for the response measures awaiting a new member in case just to be sure that it's
• 173:00 - 173:30 covered the next mother please in the Indigenous people rated with Britany we have Diego who will be joining Britney I will join aalon as well with response measures yes it is one of my favorite issues to track under the yeah it is um I mean it gets a bad WP but I think it's very
• 173:30 - 174:00 interesting I worked with the Department of the environment and we're all about eia's environmental impact assessments and so on policy impact assessment so that's my day job so I'm happy to work on that um all right so we're looking for other developing kind shry we're looking at you um so I could join a appolonia with on adaptation related
• 174:00 - 174:30 matters Elena did I did I see you I see you here in invisible ink I don't know why I they did that to you but [Laughter] yeah HRI I could join on the gender and youth
• 174:30 - 175:00 related mes to have like two people therey okay so we'll I can also support aonia on the capacity building all right so abalonia is the super coair she's putting her names everywhere no no no so I mean where
• 175:00 - 175:30 wherever uh we don't have committee members the co-chairs will step in so um we're happy um we're happy to do that um okay so I mean at any time you can join um so in our next um in our upcoming we'll we'll be reaching out to the substantive members as well who some of you represent to see if they would like to parti especially from nonan expand countries so this is our work and I have to say that reaching out to the um to
• 175:30 - 176:00 these uh constituted bodies has been a really important when remember when we first start thinking about it we W not sure how it would work but they do um respond positively when the standing committee comes and and make presentation um to their respective um bodies so this is interesting all right so um so can I just ask the maybe we can go to the to the outcome that we're going to adopt
• 176:00 - 176:30 today okay so can we ask the the commune to adopt um this listing and with the way forward okay thank you members
• 176:30 - 177:00 is this one the report yeah yeah yeah thank you uh we now turn to agenda item nine report of the 36th meeting of the stendy committee on finance as peral practice the report will be circulated electronic or electronically by the Secretariat after the meeting and finalized on a no objection basis may I ask that the members agree with this
• 177:00 - 177:30 approach so there is no objection so it is decided to do the [Laughter] same uh yeah this one all right thank you aalia so um we are
• 177:30 - 178:00 going to put on the screen all of the outputs yeah or no okay so um dear colleagues we have agreed on the outcomes of the individual substantive agenda items during the consideration of of those items um the package of outcome slide will be shared with the SCF after um this meeting and um so I think from here we basically have adopted all of the
• 178:00 - 178:30 outcomes and we have nothing no other way to do any other business any um other matters any other business observers we're ending early so this is your time to say something if you want to all right so um thank you to all of the committee members who have joined us
• 178:30 - 179:00 really early in the year I think it was a good idea to have our meeting early and kick off a very going to be a very productive year um the thanks to the Secretariat for organizing The Retreat it has really helped um to remind all of us um you know when the cop ends you just a cop seemed like 10 years ago right that is how our world feels like so it's good to have the retreat to remind us of the work that we what we did and the work that we have to do in addition so we will be um looking
• 179:00 - 179:30 forward to and thank you so much for the confidence you put in myself and abalonia and reelected us as chair um and we are we take this seriously and we're going to do the best that we can to not only make it a productive year but we're going to try and make it a fun year um this is the year that we're getting ready to engage with our observers we do rely on them for our data providers so this is not just observers sitting in the back so The Observers listening you have to work
• 179:30 - 180:00 just as much as we do so in in our world our observers work at cop we have about 10 plus decisions compared to other uh work streams at the cop so our observers get to work really hard so you're not here just to say that you're here and we're being open and transparent and we're engaging that it's for real that is something that we really look forward to working with at least for the committee we look forward to your information and we we believe that when
• 180:00 - 180:30 you contribute the quality of our work is significantly increased so we really rely on you on for that um we are just a reminder we all looking forward to our Forum coming up and we want to make sure that we notify um poten persons to help Britney and Elena to with the Forum to make sure that we have the right people coming to The Forum and participating um that is something that everybody looks forward to every year
• 180:30 - 181:00 and so that is something that we need to start working on now because with Farmers they're busy doing their thing you know how farmers are they're not into the traveling and going someplace nice and so on they have their Farms to take care of so we want to make sure that they plan and really you know these are farmers are people that plan early you know they know the seasons so we have to get them ready to be able to participate and have a good um outcome so with that um just like to thank everybody and of course remember the
• 181:00 - 181:30 secretari I thank me for and um and that with that um the meeting is closed pay for something on my
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