OECD DAC Work on Tracking Climate- related Development ...· OECD DAC Work on Tracking Climate-related

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  • OECD DAC Work on Tracking Climate-related Development Finance: use of

    the Rio Markers

    Gisela Campillo, Environment and Development team, OECD

    Asia Pacific Regional Forum on Climate Change Finance and Sustainable Development 1-3 September 2015, Jakarta

  • Outline

    1. Overview of DAC Sta5s5cal System 2. What are the Rio markers? 3. Accessing and using the data 4. Possible applica5ons of the data for partner


    5. Next steps

  • Iden5fying climate, biodiversity- & deser5fica5on-related finance

    4 Rio markers: Climate Change Adapta5on, and Mi5ga5on Biodiversity Deser7fica7on

    + 1 Environmental Marker

    Rio markers indicate policy objec5ves i.e. ac7vi7es targe7ng Rio conven7ons as a principal

    objec7ve, a significant objec7ve, or not at all Applied ex-ante, purpose based, cross-cuDng and mul7ple

    objec7ves can be tagged To ensure common understanding among reporters, applica7on of each marker guided by: Defini5on, eligibility criteria, examples, and guidance Recorded in CRS repor7ng direc7ve & Handbook

  • The Rio markers are descriptive rather than strictly quantitative Track mainstreaming and allow for an approximate quantification

    of financial flows targeting the objectives of the Rio conventions. 2013: climate-related development aid added up to USD13.9 bn

    principal; USD10.5 bn significant.

    Main characteris5cs of Rio markers

    Principal +significant data = Upper bound or total es4mate

    Principal data only = Flows specifically targe4ng Rio conven4ons

    Finance reported by Parties to the conventions is often based on, but may not be directly comparable to, Rio marker data

  • Access the data

    Data visualisation Integrated bi-and multilateral data for 2013

  • Recipient perspective

  • Provider perspective

  • Possible applications of Rio Marker data for partner countries

    Open database, transparent, activity-level data, accessible online, frequently updated.

    Allows to compare results from Rio Markers with national external climate-related development finance statistics, find gaps

    Assess trends in alignment of donor funds with country priorities and strategies

    Rio Markers methodology provides examples for in tracking own climate budget (guidance on sectors, activities, examples)

  • Next steps

    Improve definitions of markers and provide guidance to donors to improve quality of marking

    Expand tracking of green finance beyond ODA and reflect reality of development finance landscape through Total Official Support for Sustainable Development (TOSSD)

    Continue to improve access to database and use of information by partner countries through training, webinars, dedicated workshops

    Pilot case studies to compare data and tracking approaches

    Ongoing work to improve basis for quantification of Rio markers

  • OECD DAC CRS Rio marker statistics and analysis www.oe.cd/RM Joint ENVIRONET-WP-STAT Task Team: Gisela.Campillo@oecd.org

  • Additional slides

  • To what & how are the markers applied?

    Coverage Bilateral flows only Official Development

    Assistance (ODA) Since 1998 for biodiversity,

    climate mitigation and desertification

    Mandatory from 2006 flows Adaptation introduce and

    mandatory from 2010 flows Other Official Flows (OOF)

    Voluntary basis since 2012 (excl. export credits)

    Application Every activity screened Excluding:

    general budget support imputed student costs,

    debt relief except debt swaps,

    administrative costs, development awareness,

    and, refugees in donor countries

    Commitments basis

  • Allows tracking of multiple objectives simultaneously whilst avoiding double counting

    Figure 18.2. The multiple objectives of environmental development co-operation 3 year annual average, 2010-2012, bilateral commitments, USD billion, constant 2012 prices

    Source: OECD DAC Creditor Reporting System statistics, July 2014.

    Key features and caveats: Tracking of Mul5ple

  • How does the marker methodology indicate policy objec5ves?

    Activities are screened, identified and marked as either, targeting the Rio conventions as a: 2 = Principal

    objective 1 = significant

    objective, or 0 = not targeted

  • Access the data

    Data can be analysed from two perspectives

    Recipient perspec7ve Provider perspec7ve

    How many resources were invested in Mexico for renewable energy projects?

    How many resources did Norway invest to fund adapta5on projects?

  • Historical data

  • Bilateral provider

    Mul5lateral ins5tu5on

    Developing country

    Bilateral flows Rio marked

    Two perspec5ves

    How the DAC statistical system work Climate-related development finance

    Imputed mul5lateral contribu5ons

    Climate-related components for

    MDBs & Rio markers for climate funds

    Recipient perspec5ve = bilateral flows Rio marked + climate component of mul5lateral ouZlows Provider perspec5ve = bilateral flows Rio marked + Imputed mul5lateral contribu5ons

    Transfer of resources (USD)