Message From The Presidencies Of The Sixth And Seventh Sessions Of The Conference Of The Parties Serving As The Meeting Of The Parties To The Paris Agreement On The “Baku To Belém Roadmap To 1.3t”
Dear colleagues,
At its sixth session, the
Conference of the Parties serving as the meeting of the Parties to the Paris
Agreement 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.”
In this context, Parties 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’ (henceforth Roadmap), 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 requests the Presidencies to produce a report summarizing the work as it
concludes the work by CMA 7.
As CMA 6 and CMA 7 Presidencies,
we are honoured to have been entrusted to guide the development of the Roadmap,
undertaken in an inclusive, participatory, and transparent manner. A total of
116 submissions1 have been received from Party and non-Party
stakeholders based on the initial invitation issued in February. Following open
consultation events held with Parties and non-Party stakeholders in Bonn during
the 62nd Subsidiary Body sessions, we have updated the work plan2
to reflect further outreach and engagement activities.
As we prepare the report on the
Roadmap, we would like to invite Parties, constituted bodies, operating
entities of the Financial Mechanism, climate finance institutions, observers
and observer organizations, and other stakeholders, particularly from the
private sector, to submit their views on the following questions via e-mail to climatefinance@unfccc.int
by 10 September 2025:
- What are priority short-term (by the end of 2028) and
medium-to-long-term (beyond 2028) actions necessary to enable the scaling
up of financing for climate action to developing countries? Based on
experience to date and evidence, what can those actions contribute to in
terms of progress in enabling the scaling up of financing?
- What strategies can be implemented to enhance and
scale up public and private financing mechanisms for climate adaptation,
especially in vulnerable regions?
- What other experiences, proposals or approaches could
help inform and accelerate efforts to mobilize USD 1.3 trillion in
financing, including through grants, non-debt creating instruments, new
sources of finance, and strategies to create fiscal space?
d.
What key actors and existing multilateral
initiatives should be considered or involved, as appropriate, to support the
delivery of the USD 1.3 trillion target?
In light of the extensive
information already shared and discussed during the 62nd Subsidiary Body
sessions, we kindly encourage concise submissions that build upon previous
inputs.
Finally, we remain available for
inquiries and informal exchange with any Party or regional groups of Parties
and can be reached through climatefinance@unfccc.int.
Yours sincerely,
1. Available at https://unfccc.int/topics/climate-finance/workstreams/baku-to-belem- roadmap-to-13t#Submissions.
2 The updated work plan is available at: https://unfccc.int/documents/649067.
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