Download Module 7 - Synthesis - Global Climate Change Alliance

Global Climate Change Alliance:
Intra-ACP Programme
Training Module
Climate Change Finance
Module7 – Synthesis
Ms Isabelle Mamaty
Senior Expert
Climate Support Facility
An initiative of the ACP Group of States funded by the European Union
Recap of the framework
2
Environment – climate change –
development linkages
Climate change:
- an environmental issue
- a development
issue
Source: Millennium
Ecosystem
Assessment (2005)
Figure B, p. 7.
3
Climate Change, sustainable
development and MDGs
Climate change
Both adaptation and
mitigation support
more sustainable
development
Biophysical effects
Environment
Socio-economic
impacts
Sustainable
development
Social
dimension
In turn, the pursuit of
sustainable development
enhances society’s
response capacity
4
Economy
Potential
impacts on
MDGs
The development–adaptation
continuum
Vulnerability
Response to impacts
Addressing the
drivers of
vulnerability
Building the
response
capacity
Managing climate
risk
(e.g. DRR)
Specifically
confronting
climate change
 Developmental
benefits
=> Developmental
and climate
adaptation benefits
=> Primarily
adaptation benefits,
developmental
benefits as a ‘side
effect’
=> Quasi-exclusive
focus on very
specific CC impacts,
adaptation benefits
only
100
Benefits in the absence of climate change
Adapted from: McGray et al (2007), OECD (2009a), Olhoff & Schaer (2010)
5
0
Addressing the climate challenge without
compromising development objectives
Mainstreaming climate
change into
national/sectoral/subnational
and local levels
Climate resilient
development: selection of
appropriate adaptation
options
Low emission development:
selection of appropriate
mitigations options
NAMAs may be first step
NAPAs may be first step
6
Matching finance with needs
7
Mainstreaming CC into
budgetary process
Mainstreaming climate change into
national/sectoral/subnational and local
levels
Climate resilient development:
selection of appropriate
adaptation options
Low emission development: selection
of appropriate mitigations options
NAMAs may be first step
NAPAs may be first step
Development of national/sectoral
development plan
Domestic
resources
Allocation of funds under annual
budget
8
External
resources
External climate financing
sources
External climate
financing sources
National climate
funds
multilateral/bilate
ral funds
Market-based
instruments
(CDM, voluntary
market)
9
Private-public
partnership
initiatives
Key features of External
climate financing sources
Demonstrate additionality
GEF funds – concept of “additional
cost” is referring to the costs of
measures that would not be
necessary in the absence of climate
change.
CDM & voluntary market – concept
of additionality: requirement that
the GHG emission after the
implementation of the project
activity is lower than those that
would have occurred in the most
plausible alternative scenario to the
implementation of the project
activity
Use of baseline scenario
hypothetical case representing the volume of
GHG that would have been emitted if the project
were not implemented (use of specific
methodologies) - GEF funds; CDM/voluntary
+ REDD key challenges
market
reference levels; Leakage
permanence safeguards
governance, MRV
External climate
financing sources
Specific application process incl.
specific project document: exp.
Project Identification Form
(PIF)/Project design document
(PDD)
Selecting funds
Adaptation
Adaptation fund;
Least developing
Countries Fund;
Special climate
change Fund;
Adaptation &
Mitigation
EU-Global Climate Change
Alliance (GCCA), Market
based instruments (CDM,
voluntary market); (future)
Green Climate fund; (future)
African Green Fund,
International climate
Initiative; International
Climate Fund (ICF)
Mitigation
CC focal Area-GEF5;
Clean Technology Fund;
Global Energy efficiency
Fund; REDD: World
Bank’s Forest Carbon
Partnership Facility
Readiness Fund and
Carbon Fund; World
Bank’s Forest Investment
Programme; UN-REDD
Programme
Conclusions
12
Planned actions/Way forward
13
Seminar evaluation
14
• Thank you
• Contact: Dr. Pendo MARO, ACP Secretariat
[email protected] or +32 495 281 494
www.gcca.eu/intra-acp