This guide from the Climate Finance Advisory Service provides negotiators with a synopsis of the key climate finance discussions undertaken in 2014 under the United Nations Framework Convention on Climate Change (UNFCCC). It aims to inform negotiators and stakeholders who are interested in the different climate finance agenda items and deliverables at the 20th Conference of Parties (COP20) to be held in Lima, Peru. Furthermore, it assesses possible outcomes in Lima that can prepare the way for the new global agreement on climate change, which will be agreed at the COP in Paris in 2015.