Climate finance transparency frameworks enhance national capacity to effectively manage resources for climate change mitigation and adaptation, including estimating financial needs for climate actions and associated impact towards national climate targets. Additionally, they help report domestically and internationally on climate finance flows, building trust among countries and stakeholders.

The ICAT Climate Finance Transparency Guide provides methodological guidance that helps developing country policymakers to establish and implement national climate finance transparency frameworks. It focuses on collecting data on financial support needed and received, aligning with the reporting requirements under the Paris Agreement’s enhanced transparency framework.

The guide’s step-by-step approach covers the following five phases and offers levels of complexity to meet the needs of countries at different stages of readiness to track, measure, manage and report on climate finance:

• Scoping, planning, and institutional arrangements
• Defining and classifying climate finance
• Ex-ante climate finance needs assessment
• Climate finance tracking
• Evaluation: from transparency to enhanced climate action

The guide will be soon available for download in English and Spanish.