Taken from http://ukingermany.fco.gov.uk

At the climate talks in Copenhagen in December 2009, developed countries committed to provide US $ 30 billion in the period 2010 to 2012 to support developing countries’ action on climate change. This “fast start” finance is intended to help developing countries in their enhanced efforts to mitigate greenhouse gas emissions and adapt to already unavoidable changes in the earth’s climate system.

At a seminar held at the British Embassy Berlin on 3 November in collaboration with the German Environment Ministry, the Dutch Environment Ministry and The Nature Conservancy, participants from a number of Embassies, Government, NGOs, and Parliament considered how to take the delivery of fast-start financing to the next level, particularly by improving the transparency of fast-start finance and access to it.

The event was moderated by Sascha Müller-Kraenner from The Nature Conservancy. Contributions by David Capper from the UK Department for Energy and Climate Change (DECC) and Norbert Gorißen from the German Environment Ministry on the strategies of developed countries were complemented by presentations by H.E. Eddy Pratomo, Ambassador of the Federal Republic of Indonesia, and Yabanex Batista from the TNC Africa Programme, who discussed the issue from the perspective of developing countries and NGOs respectively. The seminar also included a presentation by Herman Sips from the Dutch Environment Ministry of the new fast-start website launched by the Dutch Government on 2 September 2010.

In an introductory message, British Ambassador Simon McDonald highlighted the UK Government’s recent announcement of the introduction of an "International Climate Fund" to the value of £2.9bn. The UK’s commitment to fast-start finance is now fully funded, with the provision of £1.5bn between 2010 and 2012, including £300 million for reducing deforestation.

The seminar took place just days before the publication of the final report of the UN High Level Advisory Group on Climate Financing. The group was established by the UN Secretary-General in February 2010 to study potential sources of revenue that will enable achievement of the level of climate change financing pledged during the United Nations Climate Change Conference in Copenhagen in December 2009.