Similarly to the 2016 Climate Finance Study, which provided an overview of the proportion of the USD 100 billion pledge for climate action under the UNFCCC that was directed to the SEMed region in 2016, the 2017 data collection also focuses on project-level finance flows. In addition, the 2017 study will incorporate regional/national case studies to showcase climate change projects in the SEMed and encourage discussion on regional barriers and solutions to access climate finance. A methodological approach to tracking private finance flows, preparing a first, upcoming analysis of private climate finance, next to investment facilitation measures in the region are investigated as part of this study.
The results of this exercise will be presented at the UNFCCC Conference of Parties (COP) 24 in Katowice in 2018. These preliminary findings will then be consolidated with OECD data in early 2019, after which a final report will be published. This study is commissioned by the Union for the Mediterranean (UfM) Secretariat and funded by the European Commission. Countries covered are Albania, Algeria, Bosnia-Herzegovina, Egypt, Israel, Jordan, Lebanon, Mauritania, Montenegro, Morocco, Palestine, Tunisia, and Turkey as well as (to the extent possible) Libya and Syria.