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5Cs Joins First Forum of the Standing Committee on Finance

Carlos Fuller, International and Regional Liasion Officer

Carlos Fuller, International and Regional Liasion Officer

The Caribbean Community Climate Change Centre’s (CCCCC) International and Regional Liaison Officer, Mr Carlos Fuller, was a panelist at the First Forum of the Standing Committee on Climate in Barcelona, Spain on May 28, 2013. At the historic forum addressing “financing and investment drivers for adaptation activities”, Mr Fuller discussed the Centre’s adaptation efforts across the Caribbean. He noted that these activities are in support of the mandate that the CARICOM Heads of Government endorsed in the region’s Implementation Plan for the “Regional Framework for Achieving Development Resilient to Climate Change”.

Other members of the panel included Mr Juan Hoffmaster of Bolivia, who represented the UNFCCC Adaptation Committee, Ms. Smita Nakooda of the Overseas Development Institute and Ms Saliha Dobardzic of the LDCF/SCCF of the Global Environment Facility (GEF). The panel was facilitated by the co-chair of the Work Programme on Long-term Finance, Mr Naderev Sano of the Philippines.

The Standing Committee is a body of the United Nations Framework Convention on Climate Change (UNFCCC) established at COP 16. Its mandate is improving coherence and coordination in the delivery of climate change financing, rationalization of the financial mechanism, mobilization of financial resources and measurement, reporting and verification of support provided to developing country Parties.

Dr Hugh Sealy of Barbados, the Vice Chairman of the Executive Board of the CDM was also a panellist at the forum addressing “Financing and investment drivers for mitigation activities”. Among the 100 attendees was Mr Derreck Oderson of Barbados, the Chairman of the Joint Implementation Supervisory Committee (JISC) and Mr Raymond Landveld, Counsellor at the Permanent Mission of the Republic of Suriname to the United Nations who is a member of the Standing Committee.

The Forum was organized by the Standing Committee on Finance of the UNFCCC with support by the World Bank Institute and the International Emission Trading Association (IETA). Panellists included representatives of national governments, international organizations such as the South Center, the International Finance Corporation, the IDB, GIZ, OECD and the private sector, Bank of America Merrill Lynch and Standard Bank (Nairobi). Carbon Expo 2013 will be held at the same venue on 29 to 31 May 2013.

At the conclusion of the Forum, the co-chair of the standing Committee, Ambassador Dianne Black-Layne of Antigua and Barbuda noted that the insights of the Forum would inform the next meeting of the Forum to be held in Bonn, Germany in June.

The Forum was formally closed by Secretary of State of the Environment of Spain, Mr Federico Ramos de Armas and Ms Christiana Figueres, the Executive Secretary of the UNFCCC.


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