February 25, 2025
Building on conversations at previous Conference of the Parties (COP) meetings, an initiative has been launched to create a roadmap that will guide the scale-up of climate financing to developing country Parties to at least $1.3 trillion per year by 2035. The organizers of the “Baku to Belém Roadmap to 1.3T” issued an invitation to stakeholders, particularly from the private sector, to provide their perspectives on the following questions by March 21, 2025:
- What are your overall expectations for the “Baku to Belém Roadmap to 1.3T”?
- Which topics and thematic issues should be explored to inform the Roadmap, within the scope of the mandate?
- What country experiences, best practices and lessons learned can be shared related to barriers and enabling environments; innovative sources of finance; grants, concessional and non-debt creating instruments, and measures to create fiscal space?
- Which multilateral initiatives do you see as most relevant to take into account in the Roadmap and why?
Answers can be sent via email to climatefinance@unfccc.int.
To learn more about the origin of this initiative and next steps, read the full message from the UN Climate Change Secretariat.