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ESCWA Publication: E/ESCWA/SDPD/2019/TP.10


Country: Arab region

Publication Type: Working papers

Cluster: Climate Change and Natural Resource Sustainability

Focus Area: Climate change, Natural resource sustainability

Initiatives: Arab Initiative for Mobilizing Climate Finance for Water

SDGs: Goal 13: Climate Action

Keywords: Arab countries, Climate change, Finance

Climate Finance in the Arab Region: Technical Report

January 2019

This report presents climate finance flows to the Arab region, evaluates access to existing sources, and explores instruments to attract additional finance. It begins with an overview of the current status of global climate negotiations.
 
Climate finance reporting by developed countries, multilateral development banks, and multilateral climate funds is then systematically evaluated with an Arab regional focus. After establishing existing flows, including uneven distribution among Arab states and over time, the analysis reviews challenges faced by Arab States seeking international sources of climate finance.
 
This evaluation finds that current public international climate finance flows to the Arab region do not meet the needs of Arab States, in terms of both quantity and quality. Financial instruments that may help to increase both the quantity and quality of access to climate finance are explored, highlighting risks as well as opportunities to access additional finance.

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