SOFF High-Level Event

Strengthening the data foundation for effective climate finance – the Systematic Observations Financing Facility

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Times & Details

Date and Venue

COP27 Finance day – 9th November 2022, 6-7pm, Nordic pavilion, Blue Zone, Stand P90

Henrik Franklin, Nordic Development Fund (NDF), Director, Portfolio Origination and Management

Weather and climate data are critical for making effective decisions and investments in all sectors. However, according to World Meteorological Organization (WMO) today, less than 10% of required basic weather and climate observations are available from Small Island Developing States and Least Developed Countries. The recent IPCC reports also highlight the persistent limitations of information for a number of countries where significant data gaps remain.

The event presents a new financing mechanism which seeks to address the long-standing problem of missing weather and climate observations from Least Developed Countries and Small Island Developing States – the Systematic Observations Financing Facility (SOFF). By strengthening the underpinning data for weather forecasts and climate services, including early warnings, SOFF will improve the capacity of the most vulnerable countries to predict and adapt to extreme weather events such as floods, droughts and heatwaves.

During the event, the speakers will discuss the implications of the existing gaps, the socio-economic value of closing them and the challenges that developing countries have encountered so far. The event will also be an opportunity for new funders to make announcements of financial contributions to the SOFF UN Multi-Partner Trust Fund.

  • Nordic Development Fund


18:00 –18:05Opening
  • Welcome remarks by Henrik Franklin, SOFF Steering Committee co-chair
  • Opening remarks by Petteri Taalas, WMO Secretary-General
18:05 – 18:10Weather and climate data are economic data
  • Kristalina Georgieva, IMF Managing Director
18:10 – 18:25Importance of closing the basic weather and climate data gaps in developing countries
  • Inger Andersen, UNEP Executive Director
  • Statement from Florence Rabier, Director General European Centre for Medium-range Weather Forecasts (ECMWF)
  • Dialogue between Florian Pappenberger, ECMWF Deputy Director General and Nirivololona Raholijao, Director General Meteo Madagascar
18:25 – 18:30SOFF as an innovative approach to addressing long-standing problems in getting good weather/climate forecasts
  • Usha Rao-Monari, UNDP Associate Administrator
  • Demetrio do Amaral de Carvalho, Secretary of State for the Environment (SSE), Timor Leste
  • Mateus Magala, Minister of Transport and Communications, Mozambique
18:30 – 18:40How the private sector benefits from weather and climate data
  • Lesley Ndlovu, CEO Africa Risk Capacity
  • Signing of SOFF joining the InsuResilience Global Partnership
  • Jürgen Zattler, Director-General, Federal Ministry for Economic Co-operation and Development, Germany
18:40 – 18:55Growing   commitment to fund an innovative financing facility – SOFF    
  • Magnus Brunner, Minister of Finance, Austria
  • Anne Beathe Tvinnereim, Minister of International Development, Norway
  • Simon Coveney, Minister of Foreign Affairs and Minister for Defense, Ireland
  • Monica Medina, Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs, United States
  • Sigrid Kaag, Minister of Finance, Netherlands
18:55 – 19:00SOFF a foundational element of the UN Early Warnings for All
  • Selwin Hart, UN Special Adviser to the Secretary- General on Climate Action and Just Transition
19:00   Closing   Closing remarks by Henrik Franklin   

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