An interesting discussion was brewing at the side event hosted by CAN Europe ‘ Private Sector Finance and its role in enhancing climate action’ amongst the presenters and respondents (representatives from the European Investment Bank, European Commission, kfW, Government of Pakistan as well as CAN Europe & Eurodad). There was agreement that private finance has potential, but it’s not a silver bullet for the 100US$ billion by 2020. Concerns were raised by Eurodad about the leveraging, accountability and monitoring of… Read moreIs private finance the silver bullet for the 100US$billion US by 2020?
A high-level side event was held on Wednesday 7 December on Climate Finance for the press and public. The meeting was held by, amongst others, UNFCCC Secretary-General, Ban Ki-moon, Ethiopian Prime Minster Meles Zenawi, head of South African National Planning Commission, Trevor Manuel and Lord Stern. The main message communicated during the meeting was that the goal of achieving the climate finance goal of $100 billion per annum by 2020 is considered achievable. However it was noted that there were… Read moreHigh level event on negotiations on climate finance