Download Green Climate Fund 2016 - Rights

United Nations Development Programme
to finance a paradigm shift towards low emission
and climate resilient pathways
Presented by UNDP
What global trust funds are accessible
for the Government of Lao PDR?
GEF Trust Fund
Special Climate
Change Fund
Least Developed
Countries Fund
(only for LDCs)
142 countries
Non-Annex I
LDCs
Parties to Kyoto
Protocol
Non-Annex I
GEF6 – $4.43
billion
$344 million
$962 million
$170 million
$10.2 billion
Mitigation window
in STAR
Adaptation
Adaptation
Adaptation
Mitigation &
Adaptation
Through GEF
agencies
Through GEF
agencies
Through GEF
agencies
NIE and MIE
Through AEs
Adaptation Fund
Green Climate
Fund
What is the Green Climate Fund?
• Fund established in 2010 under UNFCCC
• 21 May: $10.2 billion in pledges from 33 countries. $5.9
billion in signed contribution agreements.
“The purpose of the Fund is to
make a significant and ambitious
contribution to the global efforts
towards attaining the goals set by
the international community to
combat climate change.”
“…the Fund will promote the
paradigm shift towards lowemission and climate-resilient
development pathways...”
“The Fund will strive…to promote
environmental, social, economic
and development co-benefits and
take a gender-sensitive approach.”
3
GCF Programme Allocation Framework
Mitigation
Adaptation
SIDS,
LDCs,
Africa
Other
developing
countries
4
Result Areas
MITIGATION
ADAPTATION
• Increased low emission energy access
and power generation
• Increased resilience and enhanced
livelihoods of the most vulnerable people,
communities and regions.
• Increased access to low emission
transport
• Reduced emissions from buildings, cities,
industries and appliances
• Reduced emissions form Land Use,
deforestation, Forest degradation, SFM,
conservation and enhancement of C
stocks
• Increased resilience of health and well
being and food and water security
• Increased resilience of infrastructure and
the build environment to CC threats
• Increased resilience of ecosystem and
ecosystem services
5
First Approved Projects
6
•
•
Recently Approved Projects
Country/Region Project name
Accredit Mitigation/Ada
ed Entity ptation/
Cross-cutting
Public/
Private
Armenia
UNDP
Mitigation
Public
GCF
fundin
g (USD
million
)
20
UNDP
Cross-cutting
Public
29.5
UNDP
Adaptation
Public
36
UNDP
Adaptation
Public
38.1
IDB
Mitigation
Public
21.7
UNEP
Adaptation
Public
20.5
WB
Adaptation
Public
22.8
WB
Adaptation
Public
19
CAF
Mitigation
Private
49
Vietnam
Tuvalu
Sri Lanka
El Salvador
Gambia
Mali
Tajikistan and
Uzbekistan
Chile
TOTAL
De-Risking and Scaling-up
Investment in Energy Efficient
Building Retrofits
Improving the Resilience of
Vulnerable Coastal Communities to
Climate Change Related Impacts
Tuvalu Coastal Adaptation Project
(TCAP)
Strengthening the Resilience of
Smallholder Farmers in the Dry Zone
to Climate Variability and Extreme
Events
Energy Savings Insurance for Private
Energy Efficiency Investments by
Small and Medium-Sized Enterprises
Large-scale Ecosystem-based
Adaptation in The Gambia
Africa Hydromet Program Strengthening Climate Resilience in
Sub-Saharan Africa:
Bank’s Climate Adaptation and
Mitigation Program for the Aral Sea
Basin (CAMP4ASB)
Climate Action and Solar Energy
Development Programme in the
Tarapacá Region in Chile
$256.6
million
7 7
GCF investment framework – six high-level criteria
Impact potential
Paradigm shift potential
Sustainable development
potential
Responsive to recipient needs
Promote country ownership
Efficiency and effectiveness
GCF objectives and result areas
Catalyze impact beyond a one-off
project
Wider benefits - environmental,
economic, social, gender
Vulnerability and financing needs
In line with Country Priorities;
Capacity to implement a project
Economic soundness, project
viability, co-financing
8
Projects and Programme Approval Process
Stakeholder Consultation
Step 1
Call for funding proposals
Step 2
Concept development
Step 3
Submission of funding proposal
Step 4
Analysis and recommendation to the Board
Step 5
Board Decision
Step 6
Legal arrangements for approved proposals
Proposals must be
vetted by NDA
following no
objection
procedure
Delegated decisionmaking to
Secretariat
depending on size
of project
Thank You