POSSIBLE WAYS AHEADGreen Finance Team, GGGROECD, Environment Directorate

Expert workshop on International climate finance for the countries of

Eastern Europe, the Caucasus and Central Asia 11 July 2016, Paris

A lot of information and data available on EECCA but rather dispersed and not sufficiently systematised

Less analysis exists from a regional perspective and a need t better understand what happens on the ground in EECCA

A lot of actors active in the region and a number of initiatives underway

How to best cooperate with developing partners and support EECCA countries in their efforts to better access international climate finance sources particularly using direct access modalities

How to build on previous work and take advantage of OECD in-house capacity and knowledge that already exists

Starting point and rationale

COUNTRY-LEVEL ACTIVITIES: POLICIES

Enhancing transparency in climate and investment policies

and financial flowsImprove transparency through better reporting on climate-related financial

flows (public, private, domestic, international) and promote better

alignment of existing policies for low-carbon economy

OVERALL OBJECTIVEEnable EECCA countries to more

effectively access international climate sources of finance

REGIONAL LEVEL ACTIVITIESRegional review of EECCA

readiness to access international climate finance

sourcesBetter understand EECCA countries’ needs and identify areas for further

analytical and capacity-building support

COUNTRY-LEVEL ACTIVITIES: INSTITUTIONS AND

GOVERNANCEAssessing key institutions’ capacity to better access

international climate sources of finance

Help countries more effectively manage their public institutions (co-)

financing and overseeing projects receiving climate-related finance and

enhance country ownership

Possible work components

Regional review of EECCA readiness to access international climate finance sources

Main elements of proposed work

• Methodology for assessing countries’ readiness (demand side) to access international climate related sources of finance

• Regional survey• In-depth analysis of specific policy

measures in 1-2 countries to substantiate survey results

• Regional summary report• Regional platform to learn and

exchange ideas

Enhancing transparency in climate and investment policies and financial flows

Main elements of proposed work

Assessing key institutions’ capacity to better access international climate finance sources

Main elements of proposed work

• Do you think these work areas would be useful for the EECCA governments and their development cooperation partners?

• Which are the most pressing policy issues in EECCA that need in-depth analysis?

• Are there any other issues where the OECD could contribute?

• How could cooperation with development partners in this area be practically operationalised?

Questions for discussion