Indicator 13.a.1 Amounts provided and mobilized in United States dollars per year in relation to the continued existing collective mobilization goal of the $100 billion commitment through to 2025

Indicator 13.a.1: Amounts provided and mobilized in United States dollars per year in relation to the continued existing collective mobilization goal of the $100 billion commitment through to 2025

Target 13.a: Implement the commitment undertaken by developed-country parties to the United Nations Framework Convention on Climate Change to a goal of mobilizing jointly $100 billion annually by 2020 from all sources to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation and fully operationalize the Green Climate Fund through its capitalization as soon as possible

UN Climate Change (UNFCCC Secretariat)

Definition:

Under the UNFCCC process, the COP requested the Standing Committee on Finance (SCF) to prepare a Biennial Assessment and Overview of Climate Finance Flows (BA) (decision 2/CP.17 paragraph 121(f)), drawing on the available sources of information, and including information on the geographical and thematic balance of flows. There is no agreed definition under the UNFCCC on what should count toward assessing progress toward the $100 billion commitment. Data from the UNFCCC secretariat refers to climate-specific financial support to developing country Parties, reported by Annex I Parties in their Biennial Reports. Only Annex II Parties are obligated to report on financial support provided and other Annex I Parties also voluntarily provide this information. Consequently, this data should not be interpreted as an indicator in relation to the achievement of the collective mobilization goal of $100 billion commitment.

One of the functions of the SCF is to assist the COP with respect to the measurement, reporting and verification of the support provided to developing country Parties through activities such as the preparation of the Biennial Assessment and Overview of Climate Finance Flows (BA). Subsequently, the COP requested SCF to consider:

• Relevant work by other bodies and entities on the MRV of support and the tracking of climate finance
  (decision 1/CP.18 paragraph 71);
• Ways of strengthening methodologies for reporting climate finance (decision 5/CP.18 paragraph 11);
• Ongoing technical work on operational definitions of climate finance, including private finance mobilized by public interventions, to assess how adaptation and mitigation needs can most effectively be met by climate finance (decision 3/CP.19, paragraph 11).

The SBSTA. by decision 18/CMA.1, paragraph 12a, was requested to develop the common tabular formats for the electronic reporting of the information referred to in chapters V and VI of the modalities, procedures and guidelines of enhanced framework, taking into account the existing the existing common tabular formats and common reporting formats.

United States dollars per year

Biennial reports of Annex I Parties in the Convention submitted to the UNFCCC Secretariat.

• Biennial Reports by Annex I Parties until 2022: https://unfccc.int/BRs, and Biennial Transparency Reports by developed as well as developing country Parties to be reported under Paris Agreement from 2024 onwards: https://unfccc.int/process-and-meetings/transparency-and-reporting/reporting-and-review-under-the-paris-agreement
• Biennial Assessment and Overview of Climate Finance Flows: https://unfccc.int/topics/climate-finance/resources/biennial-assessment-of-climate-finance.

National Governments of Annex I Parties to the UNFCCC. Only Annex II Parties report on financial support provided via CTF in accordance with guidelines for the preparation of the BRs and other Annex I Parties also voluntarily provide this information.

There is no common agreement on to the methodology to measure progress towards the USD 100bn commitment under the UNFCCC. The UNFCCC secretariat, in preparing C&S, compiles financial information on support provided and mobilised as reported by Annex I Parties.

There is no common agreement on to the methodology to measure progress towards the USD 100bn commitment under the UNFCCC. Data provided through Biennial Reports reflects the reporting of financial support provided to developing countries by Annex I Parties to the Convention. Moreover, the Biennial Assessment and Overview of Climate Finance Flows is a report prepared under the Standing Committee on Finance by the UNFCCC and includes a compilation of the data on financial support provided to developing countries by Annex I Parties. Each Party reports climate-specific finance provided and their underlying assumption and methodologies in accordance with the guidance linked under 4.h below. Moreover, Parties are requested to include information on underlying assumptions and methodologies in documentation box in BR CTFs.

2021-03-01

UN Climate Change (UNFCCC Secretariat)

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