Tracking Private Climate Finance Research Collaborative

Project Overview

Raphaël JACHNIK Co-ordinator of the Research Collaborative

Policy Analyst, Climate Finance - OECD Environment Directorate

OECD ENVIRONET Workshop on

Rio Markers, Climate and Development Finance

25 June 2013

Identify, develop and evaluate possible methodologies to:

Measure overall private climate finance flows to, between and in developing countries

Determine those private climate flows that could/should count as being mobilised by developed country public interventions

Conduct the actual tracking of:

Private climate finance flows

Those private flows mobilised by developed countries’ public sector interventions

25 June 2013 Research Collaborative on tracking private climate finance - Project Overview 2

Develop methodologies and produce numbers

Combining multiple data sources and expertise

Participating research organisations - to date

25 June 2013 Research Collaborative on tracking private climate finance - Project Overview 3

Development finance institutions involved as input providers and technical reviewers - to date

Work streams and expected interactions

25 June 2013 4 Research Collaborative on tracking private climate finance - Project Overview

1.1) Private climate finance architecture mapping (including

private finance - public interventions interfaces) and data

assessment

1.2) Methodologies for measuring private

climate finance flows to and in developing

countries

2) Methodologies to determine private

climate finance flows mobilised by developed

country public interventions

3) Tracking of total private climate

finance to and in developing countries

3) Tracking of mobilised

private climate finance

DAC as a key definitional and data source:

Review and improvement of Rio Markers

Exploratory work on tracking of non-ODA and non-concessional development finance

Charitable grants of foundations

Guarantees and amount mobilised

Export credits and FDI data

25 June 2013 Research Collaborative on tracking private climate finance - Project Overview 5

DAC and ENVIRONET key contributors to the project

ENVIRONET has important analytical role to play in complementing DAC’s work to address needs of climate finance community

Short term (2013-2014) initial outputs:

Mapping of private climate finance architecture and data assessment

Preliminary methodological recommendations for measuring total and mobilised flows

Pilot measurement/tracking

25 June 2013 Research Collaborative on tracking private climate finance - Project Overview 6

Building towards comprehensive outputs over time

Mid-/long-term:

Comprehensive and comparable methodologies

Reoccurring measurement/tracking based on consistent methods and scope over time

25 June 2013 Research Collaborative on tracking private climate finance - Project Overview 7

Government partners

Currently 12 delegations actively involved to:

Discuss and set the research agenda

Review and (possibly) fund proposed research contributions

Delegates from: Environment, Foreign Affairs, Treasuries

How well defined and mapped is the architecture of private climate finance flows and its interface with public climate finance? How can this mapping be improved?

What data is currently available on private climate finance? How is it being tracked?

What complementary/alternative approaches and methods should be developed to better track private flows and to determine those to be counted as ‘mobilised’?

How can issues such as double-counting, confidentiality restrictions and difficulty of allocation be tackled?

25 June 2013 Research Collaborative on tracking private climate finance - Project Overview 8

Some of our research questions

Contact

Raphaël JACHNIK Co-ordinator of the Research Collaborative

Policy Analyst, Climate Finance

Environment Directorate, Organisation for Economic Co-operation and Development (OECD)

2 rue André Pascal, 75775 Paris Cedex 16, France

+33 1 45 24 16 89 || +33 7 77 20 00 17 (mobile) || raphael.jachnik@oecd.org