Strengthening Climate Finance Delivery: The Path from Brazil’s G20 Presidency to COP30

Strengthening Climate Finance Delivery: The Path from Brazil’s G20 Presidency to COP30 April 2024 Acknowledgments This publication is a result of the high-level roundtable organized by the Institute for Climate and Society (iCS), Climate Policy Initiative (CPI), the Brazilian Center for International Relations (CEBRI), and CONCITO. [...] As a result, on March 1st, 2024, the Institute for Climate and Society (iCS), Climate Policy Initiative (CPI), the Brazilian Center for International Relations (CEBRI), and CONCITO convened a high-level roundtable to establish an international dialogue agenda with international policy makers and key leaders in this space to assess progress and discuss challenges and innovative solutions to promote. [...] Furthermore, with the continued debt and liquidity crises, especially affecting lower income countries that are particularly vulnerable to climate change impacts, and the continued urgency for increasing climate finance, the financial architecture reform should also include a reflection of the role of the International Monetary Fund (IMF) and needed reforms. [...] 4 Nonetheless, without progress on the debt and liquidity crises and significant outcomes in terms of reforms and tangible steps on the scaling of resources for climate change as part of the G20 discussions as well as decisions around MDBs and elsewhere, it will be very difficult to get to an agreement on the NCQG at COP29. [...] The implementation of the IMF and MDBs reforms and the development of an ambitious NDC through a Brazil-tailored country platform should feature amongst the priorities of the Brazil G20 Presidency.