Background

Decision 1/CMA.6 called on "all actors to work together to enable the scaling up of financing to developing country Parties for climate action from all public and private sources to at least USD 1.3 trillion per year by 2035". 

It also decided to "launch, under the guidance of the Presidencies of the sixth and seventh sessions of the CMA, in consultation with Parties, the “Baku to Belém Roadmap to 1.3T”, aiming at scaling up climate finance to developing country Parties to support low greenhouse gas emissions and climate-resilient development pathways and implement the nationally determined contributions and national adaptation plans including through grants, concessional and non-debt creating instruments, and measures to create fiscal space, taking into account relevant multilateral initiatives as appropriate; also requested the Presidencies to produce a report summarizing the work as they conclude the work by CMA 7".

Baku to Belém Roadmap to 1.3T published

Full report and Executive Summary 

Baku to Belém Roadmap to 1.3T: Work Plan - Update

The CMA 6 and CMA 7 Presidencies have updated their work plan to reflect further outreach and engagement activities. The updated work plan can be accessed here. 

High-level summary of the open consultation events convened at SB62

Following the two open consultation events held in conjunction with SB62, the CMA 6 and incoming CMA 7 Presidencies have prepared a non-exhaustive high-level summary of the views expressed at the open consultation events with Parties and stakeholders. The high-level summary can be accessed here. 

The CMA 6 Presidency and CMA 7 incoming Presidency will co-convene the following events at SB62

Baku to Belém Roadmap to 1.3T: Work Plan

The CMA 6 and CMA 7 Presidencies developed a workplan which presents their approach to the organization of work on the development of the Roadmap. The work plan can be accessed here.