Purpose and Aim

The issue of how international financial flows to support developing countries in their climate change efforts should be managed - the issue of climate finance architecture and governance - is highly complex and difficult. The purpose of the ecbi Circle of Experts on Climate Finance and Architecture (Finance Circle) is to provide a platform for informal in-depth discussions among key experts on the technical aspects of the issues discussed in the AWG-LCA negotiations on financial architecture and governance.

The sole aim of the ecbi Finance Circle is an enhanced understanding of the issues involved in financial architecture and governance - in the hope that this would facilitate the UNFCCC finance negotiations.

Composition and Procedure

As concerns membership, the ecbi Finance Circle is 'open ended' i.e. it is open to delegates of all UNFCCC Parties, as well as (independent) experts. However, given its purpose, delegate membership is restricted one (lead negotiators) per Party.

Members are either nominated by Parties or invited by the membership. All members participate in their personal capacity, but are expected to serve as 'focal points' for their delegations/groupings, and in particular, to inform their delegations/groupings about the activities of the Circle.

Most of the transactions of the Circle is virtual through the ecbi Finance Circle web-portal. Meetings of the membership are generally to be held in conjunction with UNFCCC sessions and meetings.

The transactions of the Circle are in the form of a number of (mainly virtual) dialogues between the membership on topics chosen by the membership