On the third and final day of the Second Workshop on Long-term Finance, in the morning, participants heard reports back to plenary from the facilitators of the nine breakout groups, which were held on Monday and Tuesday, and that focused on sources of climate finance, policies and instruments for creating enabling environments, and enabling environments that enhance delivery of and access to finance. The reports focused on, inter alia: the definition of what can be counted as climate finance; potential sources of finance and key issues that have hampered progress their mobilization; increasing private sector involvement; support for adaptation; and the role of the UNFCCC in unlocking sources.

During the closing session, Co-Chair Georg Børsting (Norway) thanked the Secretariat and participants for their contribution to, and active engagement in, the workshop. He provided an overview of the mandate of the work programme and summarized the outcomes of the first workshop on long-term finance. Co-Chair Zaheer Fakir (South Africa) outlined some of the second workshop’s achievements, highlighting: enhanced collective understanding on mobilizing climate finance; increased institutional knowledge on climate finance issues; valuable knowledge sharing; and the engagement of experts. He stated that the kind of leadership required in the climate finance area is one that is based on “inspiration, not domination,” and on “cooperation not intimidation.” Fakir closed the workshop at 12:50 pm.