Monitoring and reporting on financial flows related to climate change

Following the mandate provided in the Strategic Framework for the World Bank Group (WBG) on Development and Climate Change, an internal discussion paper on the challenges related to monitoring such flows has been prepared by World Bank staff in consultation with the United Nations Framework Convention on Climate Change (UNFCCC) and the Organisation for Economic Co-operation and Development (OECD).

The first part focuses on tracking, monitoring and reporting various types of flows, primarily from ODA and other public sources, but also briefly reflecting on flows from private sources; The second part on focuses on possible ways of tracking additionality in ODA flows only, with the aim to stimulating the discussion within the World Bank Group and its partners on this issue; The third part provides proposals for further action by developed and developing countries, the UN system and MDBs.