European Capacity Building Initiative

A successful outcome of COP 16 in Cancún as concerns climate finance?

This ecbi Policy Brief by Benito Müller looks at whether the progress and momentum of the LCA finance negotiations in Tianjin could be harnessed to bring about a successful outcome at Cancún, and what that would be. It envisages a decision to design an agreed voluntary reporting framework for fast start funding. A successful outcome for longer-term finance, it is suggested, would be a package of decisions to operationalise the new Global Climate Fund and the new Standing Committee on Finance, together with a decision to agree on a medium term revenue schedule for the new fund for 2012-2020.

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