Monitoring and tracking long-term finance to support climate action

Working and discussion papers
May 2011
Barbara Buchner (CPI), Jessica Brown (ODI) and Jan Corfee-Morlot (OECD)

In order to facilitate enhanced action on mitigation in developing countries, two crucial elements of the post-2012 international climate finance regime will be the effective matching of financial support from developed countries with mitigation actions in developing countries and the improved tracking of climate-specific financial flows.

This paper highlights the relevant information that needs to be tracked in order to build a comprehensive Measuring, Reporting and Verification (MRV) system for climate finance, proposing both improvements to current reporting and tracking systems as well as new reporting approaches for a more robust and inclusive MRV system for finance.

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