It is one of the reasons why some developing countries queried the findings of the OECD - CPI study ‘Climate Finance in 2013-14 and the USD 100 Billion Goal’ (OECD, 2015c). In addition, there are several inconsistencies and gaps in the current UNFCCC reporting framework for climate finance (Ellis and Moarif, 2015). The UNFCCC Standing Committee on Finance has been mandated to work on rules and procedures for tracking climate finance (UNFCCC, 2006) and this work will be intensified and carried forward post Paris.