Background
The Forum of the Standing Committee on Finance (SCF) provides a platform for a wide range of climate finance stakeholders, including from governments, climate funds, financial institutions, civil society, think tanks and the private sector, to exchange information and promote linkages and coherence in the mobilization and delivery of climate finance.
The SCF agreed to organize the 2021–2022 Forum on the topic of “Finance for Nature-based Solutions” and this agreement was welcomed by the Conference of the Parties at its 25th session. The preparatory work of the Forum is co-facilitated by two SCF members: Ambassador Mohamed Nasr (Egypt) and Ms. Fiona Gilbert (Australia).
The Forum will be organized over two years: Part I will be organized in 2021 in a hybrid format and Part II will be organized in-person in 2022. Outcomes of Part I will inform the discussions of Part II and the SCF will submit a summary report on the Forum to the COP in 2022.
Part I of the SCF Forum on Finance for Nature-based Solutions (2021)
Part I of the Forum will be held on 15–16 October 2021, in conjunction with the 26th meeting of the SCF (11–14 October 2021). All participants will be invited to join the Forum virtually and only a small number of speakers and panelists will be invited to join the Forum in-person.
Forum programme: Please click here to see the latest Forum programme (v. 16 October 2021).
If you have any questions on the Forum, please contact the SCF at standingcommittee@unfccc.int.
YouTube Live Broadcast Links
15 October 2021
16 October 2021
Forum programme
15 October 2021 (Day 1)
| Time (CEST) |
Session |
|
12:00–12:10 (10 mins |
1. Welcome by the Standing Committee on Finance The SCF co-chairs and Forum co-facilitators will welcome participants and provide an overview of the Forum. Moderator: Ayman Shasly (SCF Co-Chair) and Ambassador Mohamed Nasr (SCF member and Forum co-facilitator) |
|
12:10–12:35 (25 mins) |
2. High-level segment High level officials from developed and developing countries and the Executive Secretary of the UNFCCC secretariat will make opening remarks Moderator: Fiona Gilbert (SCF member and Forum co-facilitator) |
|
12:35–13:25 |
3. Scene-setting presentations and discussions Keynote presentations on emerging trends and issues on nature-based solutions (NbS) (30 mins) Moderator: Ambassador Mohamed Nasr
Q&A with speakers and participants (20 mins) |
|
13:25–14:15 |
4. Brainstorming session on financing nature-based climate actions Participants will be invited to engage in group discussions on the importance of NBS with regards to climate actions and the limitations; needs and priorities of developing countries relating to nature-based climate actions and; challenges and opportunities in financing nature-based climate actions. Moderator: Ivan Zambrana (SCF member) Group (2): NbS for climate mitigation |
|
14:15–14:45 (30 mins) |
Report back from breakout group moderators & plenary discussions |
|
14:45–15:00 (15 mins) |
Break |
|
15:00–15:50 (50 mins) |
5. Panel discussion on catalyzing nature-based climate actions in developing countries This session will provide an overview of enablers required to plan for and implement nature-based climate actions in developing countries. It will highlight country experiences in applying NBS into national climate change strategies and development plans and in enhancing the engagement of stakeholders at all levels of government. It will also highlight how robust monitoring of outcomes can improve credibility of NBS. Moderator: Gabriela Blatter (SCF member)
|
|
15:50–16:00 (10 mins) |
Wrap-up of day 1 |
16 October 2021 (Day 2)
| Time (CEST) |
Session |
|
08:00–08:10 (10 mins) |
1. Opening of day 2 and recap of day 1 |
|
08:10–09:00 (50 mins) |
2. Panel discussion on mobilizing public and private finance for NbS This session will highlight sources of international and domestic public finance for NbS, as well as innovative financial instruments that can be utilized. It will focus on enabling environments needed to scale-up private sector investments and encourage the private sector to be more actively engaged in NbS. Moderator: Zaheer Fakir (SCF member) |
|
09:00–10:00 (60 mins) |
3. Breakout discussions Building upon the panel discussions, participants will be invited to engage in group discussions on opportunities and challenges, as well as lessons learnt and best practices in mobilizing finance for NBS. Moderator: Ali Waqas (SCF member) Group (1): Sources and channels of public finance for NbS |
|
10:00–10:30 (30 mins) |
Report back from the breakout group moderators & plenary discussions |
|
10:30–10:45 (15 mins) |
Break |
|
10:45–11:45 (60 mins) |
4. Panel discussion on accessing climate finance for nature-based climate actions This session will highlight developing countries’ experience in preparing nature-based climate change projects and accessing international climate finance. It will bring in perspectives from project developers in developing countries, as well as national and international financial institutions on how to match the needs of developing countries on nature-based climate actions with the financial and technical support. Moderator: Diann Black Layne (SCF member)
|
|
11:45–12:00 (15 mins) |
5. Closing of the Forum Part I
|
Last updated on 16 October 2021
