This report chapter from Toward Transparency: The 2016 Adaptation Finance Transparency Gap Report presents an assessment of developed countries’ transparency with regard to their financial reporting to the Convention.
Current guidelines under the UNFCCC require developed country Parties to report on climate finance both in their National Communications and in their Biennial Reports, the latter submitted every two years. This chapter sets out the methodology used to score developed countries’ climate finance reporting to the UNFCCC. It then ranks the most transparent and least transparent contributing countries based on their second Biennial Reports. It includes a comparison of climate finance transparency between the Biennial Reports submitted in 2014 and in 2016.
Finally, the chapter concludes with directions for further inquiry in this area of research and makes several policy recommendations for formulating new reporting structures. Greater transparency can build trust and effectiveness of climate finance, and biennial reports are a proving ground to show that such systems can work.
Download the report (external link)
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