This document discusses facilitating improved reporting by parties on climate finance support received and needed under the Paris Agreement. It notes the differences between reporting on past support received versus estimated future support needed. Current reporting is patchy and varies between parties. The document proposes parties understand their starting points and capacities to report different types of information. It suggests parties identify specific priorities to gradually improve reporting in line with guidance, such as tracking sub-national finance flows or assessing needs to implement climate policies. The overall aim is to enhance transparency and understanding of support through incremental reporting improvements.