The Commonwealth Expert Group on Climate Finance, which was led by the former President of Guyana Bharrat Jagdeo presented the report of its findings during the Commonwealth Heads of Government Meeting in Colombo, Sri Lanka on 15 November 2013.
The Group was convened by Commonwealth Secretary-General Kamalesh Sharma to identify how best to access existing financial resources to support low-emission and climate-resilient development in small and climate-vulnerable states.
The Expert Group’s report focuses on the needs of Small Island Developing States (SIDS) and Least Developed Countries (LDCs) and the link between climate change and development. It highlights that the current arrangements for developing countries to access financing and support on climate change are too complex, and sets out a number of recommendations to Commonwealth leaders to improve the flow of financing to the most vulnerable member countries.
Speaking while presenting the report to Heads of Government in Colombo, former President Jagdeo said that some of the most climate-vulnerable people in the world are in the Commonwealth.
Some of the main recommendations of the Group include:
The full composition of the Group was as follows:
|Download the Commonwealth Expert Group’s report.
Hard copies are available upon request.