Finance Working Group
About
The Finance Working Group (FWG) is an open partnership bringing together a range of expert perspectives from the global north and south on the progress made toward financing climate action. The FWG aims to support the official UNFCCC processes as they relate to finance and is organized around two complementary themes: supporting developing countries in mitigating and adapting to climate change and the consistency of finance flows with low-emission, climate-resilient development, as outlined in Article 2.1(c) of the Paris Agreement.
The FWG is chaired by ODI's Charlene Watson
The New Collective Quantified Goal Discussion Series
Financing adaptation in developing countries
The report addresses the challenges of delivering adaptation financing for developing countries, both from the supply and demand side.
Previous work on the New Collective Quantified Goal
Financing climate action: iGST discussion series
Between 2019 and 2023 the FWG looked at the Global Stocktake (GST) process, under the independent GST project. This series of thought-provokers from the Finance Working Group provides an overview of challenges and opportunities related to key themes
Case studies on consistency of finance flows
Article 2.1 (c) of the Paris Agreement — on the consistency of finance flows with low emission climate-resilient development pathways — is the third long-term goal of the agreement and is essential to achieving the others. Understanding where countries are in the process of aligning financial flows with climate action will be critical in assessing progress and raising ambition. This series of case studies use a novel framework to assess consistency and provide a platform for further conversations.