CCXG global forum, September 2024, Amal-Lee Amin

Presentation from the CCXG global forum

1. New Collective
Quantified Goal on
Climate Finance and
NDCs
OECD Climate Change Expert
Group Global Forum
Amal-Lee Amin
18
th
September 2024

2. Restricted Use -À usage restreint
Consistency of All
Financial Flows
SMEs, Commercial
Banks & Investors
Financial
Regulators /
Central Banks
Debt Restructuring
Public Finance
Entities – National
Bilateral,
Multilateral
Parties NDCs
& Financial
Mechanism
NCQG To Establish new normative framework for climate
finance → Spheres of Influence (or Policy Layers)
➢Directly with Parties
NDCs and the Financial
Mechanism
➢Influence how public
financial entities provide
climate finance
➢Potential for calling on Parties
and non-Parties to consider
broader financial regulation &
standards
➢Consistency of all finance – for
countries net zero emissions
and resilient development
pathways

3. Restricted Use - À usage restreint
Footnotes here 3
Normative framework for inclusive transition to net zero
and climate resilient development
Catalytic
Ambition
Inclusion
Quantum of finance commensurate
to NDCs that Deliver 1.5C and
Adaptation & Resilience for All
Quality of Finance
Quality of Impact
➢Quality of finance →
degree concessionality
& type of financial
instrument (Grant –
Patient Equity-Debt -
Guarantees)
➢Quality of impact→
beyond climate
finance (as input
metric) to consider
outcomes, results &
impact for people

4. Restricted Use - À usage restreint
Enabling
Environment
Public policy & Capacity-
building Technology
Development/Incubators
Public funding, including
grants
Early-stage De-
risking and pipeline
support
Patient risk-tolerant equity,
Advisory & Blended finance
Risk Tolerant Finance
Public-Private, DFIs &
Impact Investors
Mobilisation of
commercial investors
Commercial investors alongside
or following DFI investments
Quality of Finance –approaches to catalyse private finance
Concessional funding has a role at to develop, prove and de-risk specific projects and at a wider market level
Type of support depends on the market context as well as the stage of the technology/business model
Market maturity/ stage of development
Unproven markets /
Technology
Commercially proven
Mobilisation
Directly into investments
Indirectly, via
demonstration of
future markets
Commercial
investors only
As markets mature,
commercial investors can
replace scarce
concessional funding
sources, which
is needed for less proven
markets/technologies
NDC

5. Restricted Use - À usage restreint
Quality of Impact – incentivise Outcomes & Results
INCLUSIVE
CLIMATE
FINANCE
Low Income
Countries
Low Income
Communities
Just
Transition for
Workers &
Communities
Gender
Responsive
Social
Protection
Local
Adaptation
Solutions
Inclusive & Resilient Transition
➢Paris emphasis on sustainable development,
alongside the SDGs and Addis Ababa Agendas,
➢Incentivise private sector contribution to
sustainable development
➢Impact returns (alongside financial returns)
➢For lower income countries and underserved
communities
➢Just transition for workers and communities
➢Local adaptation solutions
➢Social Protection – post-disaster measures (L&D)
➢Gender-responsive climate finance

6. Thank You!
Amal-Lee Amin
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