New Insights | Climate Finance Transparency Guide
- ICAT

- Nov 18, 2024
- 1 min read
Updated: Mar 6
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 needs and finance flows, aligning with the reporting requirements under the Paris Agreement’s enhanced transparency framework, and taking a holistic approach to enable to serve as a basis for implementing climate action.
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

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CCAP’s mission is to support every step of climate action, from ambition to implementation. A recognized world leader in climate policy and action, CCAP creates innovative, replicable climate solutions, strengthens capacities, and promotes best practices across the local, national, and international levels to accelerate the transition to a net-zero, climate resilient future. CCAP was founded in 1985 and is based in Washington, DC.




This climate finance stuff is so complicated, it sometimes feels like a bad time simulator for my brain! Seriously though, breaking it down step-by-step like this guide does is actually super helpful. Hopefully, more countries will use these frameworks. Imagine trying to manage climate finance without any transparency – total chaos! 😂 Gotta download this guide and try to make sense of it all. Fingers crossed I don't get a "bad time" understanding it, haha!
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