The New Collective Quantified Goal calls on developed countries to increase funding for climate, with a target of US$ 300bn per year by 2035. The Baku to Belém Roadmap outlining how this funding might be mobilized is still in the works, but concessional funding is certain to play a role. Yet with aid budgets facing widespread cuts, climate change risks being de-prioritized. In this context, the issue of allocation – how and where climate finance is delivered – is key.

This panel will bring in various perspectives (think tanks, aid agencies, government) to explore the intersection of climate and development finance in this rapidly evolving context. 
Panelists will discuss the situations where official development aid (ODA) and more broadly concessional finance remain an effective and even a necessary instrument in order to attain development and climate objectives.

The discussion will have a multiple focus:

-        Present the different and sometimes diverging narratives on climate finance and its intersection with development.

-        Find convergence by narrowing in on the types of investments (in terms of sectors, instruments, geographies) which should be considered priorities for climate and development finance.

-        Explore how national needs assessments could be refined to maximize the mobilization of official development aid, along with other resources to support a low-carbon, climate-resilient development.
 

Moderator: Friederike Röder, Global Solidarity Levies Task Force

Speakers:

• Audrey Rojkoff, Agence Française de Développement
• Tomáš Hos, International Forum on TOSSD Secretariat
• Guillaume Pottier, Institute for Climate Economics
• Antoine Bergerot, French Treasury, Office for multilateral development and climate finance

Registration is mandatory and subject to availability.