DATA-TO-DEAL DAY AT COP28 - DATA-TO-DEAL: AN EMERGING AND EFFECTIVE APPROACH TO SUPPORTING

The financing adopted by international organizations gap is particularly challenging for low- in LMICs? and middle-income countries which ■ How can Data-to-Deal help to bridge have secured less than a quarter of the gap between Ministries of Energy global climate finance flows to date. [...] Other barriers include planning, all the way through to limited access to data and modelling national financing strategies and tools to support rigorous technical project finance arrangements to the analysis, little stakeholder engagement, agreement of a deal (financial closure inadequate policy frameworks, and the on a project), all driven by a strong lack of a clear financing strategy. [...] In particular, the event will address the This session will explain how the following questions: Data-to-Deal approach aims to address ■ What specifically characterizes the all of these aspects in a sustained, Data-to-Deal approach? integrated and holistic manner. [...] billion of climate finance based on a This session will discuss how Ministries of systematic process of technical analysis Energy and Finance can work together and stakeholder engagement costing a more closely to ensure that climate mere US$200,000 over a period of just investment plans can be adequately three years. [...] Together the programme provides Ministries of Energy and Finance: cutting-edge research and training to Achieving the climate transition will support the energy transition in low- and call for a major surge of clean energy middle-income countries.