Fast Start Finance 2010 ecbi Fewllowship for sustained

“Fast” Start Finance 2010 ecbi Fewllowship for sustained capacity building in support of international climate change negotiations pour un renforcement durable des capacités en appui aux négociations internationales sur les changements climatiques european capacity building initiative ecbi european capacity building initiative européenne de renforcement des ecbi

Limited resource and huge need and expectation Resources under framework of UNFCCC: • the 5 th replenishment of GEF: $1. 36 bn for climate [FSF? ] • Adaptation Fund: current monetized value $317 m european capacity building initiative ecbi Needs: Estimates vary, between $500 bn and $700 bn per year (UNDP: 200 b US$ for mitigation and 49 -171 b$ for adaptation in developing countries in 2030)

2. Interpretation of the Copenhagen Accord • LFA 100 b US$ should majorly from public resources with supplemental by market mechanisms if they could take place then european capacity building initiative ecbi • FSF 30 b US$ should come public resources

3. Ambitious promise but difficult action european capacity building initiative ecbi • Promises made by some Parties to FSF -US: 10 b US$ (Clinton, COP 15) -Japan: 15 b US$ (Hatoyama Initiative) -EU: 7. 2 b Euro (EU Env. Ministers'decision) -Australia: 599 m AU$ -Canada: 400 m CAN$ • None commits to carry the promise out except EU reiterates its announcement • Indications of backtracking on public resources

4. Lack of Progress (ii) FCCC: -FCCC-managed (Adaptation Fund) or a MDBmanaged european capacity building initiative ecbi (i) No progress in the negotiation either under FCCC context or any other forum to support a decision or conclusion by COP 16 on the financial issue which will be the decisive element of a successful Cancun Conference.

5. Questions for discussion: 2. 3. 4. 5. Can and should there be a. COP Decision at Cancun on FSF pledges, including reporting contributions and receipts. How to ensure fulfillment of pledges? Should FSF be conditional on association with the Copenhagen Accord? What does ‘new and additional’ mean for FSF? What remains of the trust-building aim of FSF? european capacity building initiative ecbi 1.