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Contribution to the CBIT Fund(Capacity-Building Initiative for Transparency Fund)

December 22, 2017

1. Japan contributed a total of US 5 million dollars to the CBIT Fund on December 22, 2017.

2. The Fund aims to support capacity building improvement of relevant institutions in developing countries which take measures for transparency. The Fund also provides measures, training and assistance to fulfil items prescribed in Article 13 of the Paris Agreement as well as assistance in long term basis for improving transparency of developing countries.

3. The contribution demonstrates Japan’s proactive attitude and concrete action in meeting the commitment of international society to provide US 100 billion dollars annually to developing countries by 2020.

4. Furthermore, in implementing the Paris Agreement, it is essential to develop capacity and system in which developing countries could by themselves adequately calculate and report achievement of their measures against climate change as well as the implementation of the assistance that they receive. Japan hopes that this contribution assists to improve transparency of climate change in developing countries and to facilitate measures of climate change being taken in all over the world.

(Note) CBIT Fund

(1) The CBIT Fund is the initiative which assists developing countries to strengthen capacity building from both system and technology sides in order to secure the enhanced transparency framework for action and support in Article 13 of the Paris Agreement (PDF)Open a New Window which was adopted at COP21. The parties including Japan of the UNFCCC were agreed to establish the Fund in the Decision of COP 21.

(2) The Fund was established in the GEF (Global Environment Facility) (June, 2016).

(3) Japan’s contribution was disbursed collaboratively by the Ministry of Foreign Affairs, the Ministry of Finance and the Ministry of the Environment (the Ministry of Foreign Affairs disbursed US 1,666,667 dollars on October 12, 2017).

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