ISS Seminar, Addis Ababa: Key Climate Finance Issues for Africa at the COP17
Date: 2011-11-17
Venue: , Hilton Hotel,
Addis Ababa
RSVP:
Natashia Emmett
([email protected]) or Register online for this event by Monday, 14
November
Hosted by the Corruption & Governance Programme
Billions in both
short and long-term pledges have been made to support climate action in Africa
and the rest of the developing world. For the period 2010 to 2012, US$30
billion was promised as fast start finance. A
further commitment to long-term finance is pegged at US$100 billion. Whilst the long-term finance pledge does not meet with various
estimates of financial need, for example the Africa Group estimates
$67 billion a year for the continent alone by
2020 - it has provided targets for developed countries to reach and some indication
of what funds to expect by developing countries. These pledges,
and some of the principles underscoring them such as “scaled up, new and
additional, predictable and adequate funding†and “improved access, are
therefore seen as essential to building confidence and trust among developed
and developing countries. Many developed countries also promised to provide finance
in accordance with the relevant provisions of the United Nations Framework
Convention on Climate Change (UNFCCC) with investments provided through
international institutions. To this end, countries
have since agreed to establish, and are in the final stages of developing, the
architecture for Green Climate Fund which is to manage a significant portion of
those funds.
To date,
the following outstanding issues are of concern to Africa:
- What will be the main
sources of finance - adaptation or mitigation and public or private?
- What role with regional
bodies like the African Development Bank play in climate finance?
- How will the Green Climate
Fund work and how will it be resourced?
- How will the funds be governed at
international and local levels?
The ISS Corruption
& Governance Programme convenes this seminar on the eve of the Conference
of Parties 17th session in Durban, South Africa, to discuss these
critical issues. It brings together key actors on the continent to help us with
the engagement and to gain greater clarity on a common approach at the COP17.
Panel:
Keynote
address: Africa in a time of climate change
Ethiopian
government representative TBC
Topic to be confirmed
Victor
Fodeke, African Union
Sources of finance and benefits for Africa
Yacob Mulugetta, UNECA-Africa Climate Policy
Centre
African
civil society perspectives on climate finance
Mithika Mwenda, Pan African Climate Justice Alliance
Africa
Green Fund and the role of the African Development Bank
African
Development Bank representative TBC
National
& sub-national governance of climate finance
Trusha
Reddy, Institute for Security Studies, Cape Town office
Chairperson: Debay Tadesse, Institute for Security Studies, Addis office
Please
note that discussions occur under the ISS Rules, which means no attribution
without specific permission
This
seminar is made possible by funding from the Hanns Seidel Foundation
