Study on climate finance reporting, including methodological issues, producing overview information and assessing emerging requirements : final report

The study should assist the EU and its Member States (MS) in improving climate finance reporting in terms of consistency, comparability and accuracy as part of the reporting obligations under Article 16 of the EU Monitoring Mechanism Regulation (MMR) and as part of biennial reports under the UNFCCC. The analysis should also contribute to improving consistency, comparability and accuracy of the aggregate reporting of support conducted by DG Climate Action on the basis of MS' reports. The analysis of Member States' reports on provision of financial, technological and capacity building support to developing countries under Article 16 of the EU Monitoring Mechanism Regulation (MMR) due by 30 September 2015 and in their second biennial reports (BR2) under the UNFCCC due by 1 January 2016 shows that there are still considerable inconsistencies in the methodologies used by Member States despite past progress in improving monitoring and reporting of climate finance. This also impacts the aggregation of data at EU level