Global Forum on Climate Change Finance and Development Effectiveness (2-3 December 2013, Incheon, Republic of Korea)

Over 170 participants from Ministries of Finance, Planning and Environment from Africa, Asia-Pacific, Latin America and Caribbean and the Middle East met in Incheon, Korea on 2nd & 3rd December 2013 with development partners, civil society and representatives from the UNFCCC and Green Climate Fund for the Global Forum on Using Country Systems to Manage Climate Change Finance. The Forum was co-organized by the UNDP and Government of Korea, OECD and the Civil Society Partnership for Development Effectiveness (CPDE), and co-financed by the governments of Korea, Sweden, Germany and the EU’s Global Climate Change Alliance.  The GCCA also supported the attendance at the meeting of representatives from MAURITIUS. 

Country systems were defined broadly to include national and local systems for planning, policy coordination and implementation, budgeting and financial management, procurement and monitoring and evaluation. Climate finance was defined based on a country-led definition of climate expenditures both from domestic and international sources. The benefits of country systems for climate finance were greater ownership, reduced duplication, domestic transparency and accountability and more opportunities for transformation and mainstreaming. The challenges for use of country systems included political, institutional and fiduciary issues.

The draft summary report from the meeting can be downloaded from here and summaries are now also available in French and Spanish:

http://www.climatefinance-developmenteffectiveness.org/images/pdf/globalforum2013/DRAFT%20Korea%20Global%20Forum%20on%20Use%20of%20Country%20Systems%20to%20Manage%20Climate%20Finance%20Summary.docx