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Measuring, reporting and verifying climate finance: International state of play and future perspectives

The paper provides a brief introduction to and background information on the measuring, reporting and verification (MRVThe Bali Action Plan initiated a new round of negotiations under the UN Framework Convention on Climate Change (UNFCCC) with the aim of achieving an 'agreed outcome' addressing the full range of climate-related issues, including mitigation, adaptation, technology, and finance. In framing these ...) of climate finance and outlines he current state of developments on MRV of climate finance and ongoing work at the international level. It also discusses key challenges and guiding principles of putting it into operational practice and provides some recommendations for further reflection.