Transparency and Accountability in Public Climate Finance – What is done? What is needed?

Just months before the next Conference of Parties of the UN Climate Convention in Cancun, Mexico, various efforts have been made to track and account for climate financing pledges for fast start finance and toward longer-term financing commitments made in December last year at the climate talks in Copenhagen.  The World Bank, an important actor in global public climate finance through its portfolio of climate investment funds, is likewise involved in efforts – such as via its support of the new Dutch Website initiative www.faststartfinance.org – to make transparent the financial flows from developed countries to developing countries for urgent climate action. 

This panel will look at current ongoing efforts, by civil society, governments and international organizations such as the World Bank, to provide transparency and accountability in global climate finance flows.  What is already done? What more is needed to give different stakeholders, including civil society, the tools to hold both developed and developing countries accountable for their decisions on the mobilization, administration and disbursement of climate funds?  What role could and should the World Bank play in data collection and standard setting?

Chair
Liane Schalatek, Heinrich Böll Foundation North America 

Panelists
Athena Ballesteros, World Resources Institute
Ari Huhtala, Senior Environmental Specialist, World Bank
Philippe Ong Seng, Executive Director, Francophone African Constituency – invited
Srinivas Krishnaswamy, Vasudha Foundation, India

Accredition required