Financing climate change mitigation: towards a framework for measurement, reporting and verification

This paper highlights existing knowledge and information about a range of different types of mitigation support and outlines a structure for a future framework for MRV to provide greater accountability and transparency. Mitigation specific financial flows (i.e. aiming to limit emissions) are estimated to be in the range of 8 - 53 billion USD in 2007, which is small relative to financial flows to mitigation relevant sectors (e.g.
energy, infrastructure, etc). The paper also highlights the need for domestic policy frameworks to steer private investments across relevant sectors and, within each sector, towards projects fostering mitigation.