Presidency Event: High Level Ministerial Dialogue on Long-Term Climate Finance

15:30–15:35

Opening keynote by COP 26 President H.E. Alok Sharma


15.35 - 16.10

First panel discussion: Enhancing support for developing countries and realising the $100bn goal

What specific actions can Ministers take to further enhance the scale and effectiveness of climate finance, in particular with regard to the $100bn per year goal?

Jochen Flasbarth - State Secretary at the Ministry for Environment, Nature Conservation and Nuclear Safety, Germany

Akinwumi A. Adesina - President, African Development Bank

Yannick Glemarec - Executive Director, Green Climate Fund

Nigel Clarke - Minister of Finance and the Public Service, Jamaica

Annika Saarikko - Minister of Finance, Finland


16.10 - 16.40

Second panel discussion: Supporting a financial system for a net zero and resilient future

What progress has been made to develop a financial system to support a net zero and climate-resilient future? What steps can Finance Ministers take to ensure this progress continues and delivers sustainable growth for developing countries?

Rishi Sunak, Chancellor of the Exchequer, UK

Carlos Dominguez - Finance Secretary of the Philippines

Alison Rose - Chief Executive, NatWest Group

Mathias Cormann - Secretary-General, OECD


16.40-17.10

Third panel discussion: Scaling climate finance to mobilise the trillions needed in developing countries

How can Governments and other actors, including MDBs and the private sector, significantly scale up private finance mobilisation to developing countries for adaptation and mitigation? What role should public finance play in improving the conditions for this shift?

Lord Stern - Chair of the Grantham Research Institute

Sri Mulyani Indrawati - Minister of Finance, Indonesia

Makhtar Diop - Managing Director, International Finance Corporation

Rémy Rioux - Chief Executive Officer, Agence Française de Développement


17.10-17.15

Presentation on the 2020 Biennial Assessment and Overview of Climate Finance Flows by the Standing Committee on Finance

Vicky Noens and Seyni Nafo - Co-facilitators


17.15 - 18.30

Plenary discussion (3 min. interventions), chaired by Carlos Manuel Rodriguez, CEO and Chairperson of the GEF, followed by short closing words by H.E. Alok Sharma and UNFCCC Executive Secretary Patricia Espinosa

Guiding questions:

What specific actions can Ministers take to further enhance the scale and effectiveness of climate finance, in particular with regard to the $100bn per year goal?

What progress has been made to develop a financial system to support a net zero and climate-resilient future? What steps can Finance Ministers take to ensure this progress continues and delivers sustainable growth for developing countries?

How can Governments and other actors, including MDBs and the private sector, significantly scale up private finance mobilisation to developing countries for adaptation and mitigation? What role should public finance play in improving the conditions for this shift?

Please note:

  • The dialogue will be held in an enhanced plenary setting.
  • Once the Dialogue has commenced, Parties will be invited to make an intervention.
  • Parties should note that it may not be possible to accommodate all requests in the time available, unless participants are focused to limit their interventions to 3 minutes.
  • Priority will be given to those speaking on behalf of groups of Parties.
  • Interpretation in the official languages of the United Nations will be provided.
  • In addition, Parties are invited to submit written statements which will be uploaded to the UNFCCC website. Statements should be sent to the below email addresses.
  • Observer organizations are also invited to submit written statements which will be uploaded to the UNFCCC website (due to time constraints, priority will be given to Parties during the Plenary discussion).