This paper has been written as a joint collaboration between aidinfo and Publish What You Fund. It examines the intersection between aid transparency and climate finance.
It maps the broad landscape of funding to enable adaptation and mitigation of climate change, and the systems for monitoring it. These include systems which label the money as ‘aid’ as well as those that have been developed to assess climate finance specifically.
This paper seeks to provide a background and framework on transparency and reporting that makes sense to both those focused on tracking climate finance and improving aid transparency.
It proposes a set of recommendations which would offer a pathway towards appropriate convergence around a more coherent set of tools for publishing and sharing data, while maintaining the proper role of the Conference of the Parties of the UNFCCC in agreeing definitions and setting the terms for Monitoring, Reporting and Verification of action against international climate finance commitments.
We hope this paper provides a useful basis to bring together those working on different areas of this question to explore synergies and gaps and to work together towards this common aim.
Download a PDF of the paper: Towards Climate Finance Transparency.