Download GEF Orientation Session for New Council and Alternate Members

Financing Climate Change and Chemicals
Projects
GEF Climate Change and Chemicals Team
November 1, 2013
GEF Climate Change Mitigation Finance
• Performed catalytic, innovative, and cost-effective role
 Led in financing new, emerging low-carbon technologies
 Pioneered market-based approaches, innovative instruments
GEF is an operating entity of the Financial
Mechanism of United Nations Framework
Convention on Climate Change (UNFCCC)
• Invested over $4 billion in more than 600 climate change
projects and programs in 157 countries since 1991
 Leveraged more than $27 billion co-financing
 Avoided 2.6 billion tonnes of CO2 directly
 Catalyzed reduction of 6.8 billion tonnes through market
transformation
 Provide up to $1.26 billion grant during GEF-5 (2010-2014)
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GEF Climate Change Mitigation Program
GEF-5 Objective: Support developing countries and economies
in transition towards a low-carbon development pathway
CO2 emission reduction target: 500 million tonnes
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Climate Change Mitigation
Strategic Objectives for GEF-5
SO1:
SO2:
SO3:
SO4:
SO5:
SO6:
Demonstration, deployment, and transfer of
innovative low-carbon technologies
Market transformation for energy efficiency in
industry and the building sector
Investment in renewable energy technologies
Energy efficient, low-carbon transport and
urban systems
Conservation and enhancement of carbon
stocks through sustainable management of
land use and forestry
Enabling activities and capacity building
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GEF-5 CCM Programming by Agency
as of March 2013
450.0
387.6
400.0
347.6
US$ Million
350.0
300.0
250.0
200.0
134.6
150.0
100.0
103.2
62.3
37.7
50.0
16.3
41.0
42.6
0.0
program
MFA
CCM
ADB
AfDB
EBRD
FAO
IADB
UNDP
UNEP
UNIDO
31.6
0.0
30.7
43.7
22.1
37.4
11.3
0.0
26.4
0.0
16.3
0.0
16.2
81.4
37.0
0.0
265.0
82.6
0.0
31.8
9.2
0.0
3.9
38.8
World
Bank
102.5
124.0
161.1
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Proposed GEF-6 CCM Strategy
1. Promote innovation
& technology transfer
2. Demonstrate
systemic impacts of
mitigation options
3. Foster enabling
conditions to
mainstream
mitigation concerns
• Program 1: Promote timely development,
demonstration & financing of low carbon
technologies & policies
• Program 2: Develop & demonstrate innovative
policy packages & market initiatives
• Program 1: Promote integrated low-carbon
systems
• Program 2: Promote conservation and
enhancement of carbon stocks in forest & other
land use, & support climate smart agriculture
• Program 1: Integrate findings of Convention
obligations & enabling activities into national
planning processes & mitigation targets
Goal:
To support
developing
countries and
economies in
transition
in
achieving
transformational
change
towards
development
with low carbon
emissions
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Compare GEF-5 and GEF-6 CC Strategies
GEF-5
SO 1: Technology
transfer
SO 2: Energy
efficiency
SO 3: Renewables
energy
SO 4: Transport and
urban
SO 5: LULUCF
SO 6: Enabling
activities
Proposed GEF-6
Difference
Objective 1, Program 1: Promote timely
development, demonstration, & financing
of low carbon technologies and policies
Early stage innovation, tech
transfer and risk taking,
compliment other climate funds
Objective 1, Program 2: Develop &
demonstrate innovative policy packages
and market initiatives to foster a new
range of mitigation actions
Support voluntary innovative
measures, such as performancebased incentives, etc.
Objective 2, Program 1: Promote
integrated low-carbon urban systems
Links to the special initiative
for cities, urban management
focus on systematic impacts
Objective 2, Program 2: Promote
conservation & enhancement of carbon
stocks in forest, & other land-use, &
support climate smart agriculture
Inclusion of agriculture, N2O
and methane, link to signature
initiative on food security
Objective 3, Program 1: Integrate
findings of Convention obligations
enabling activities into national planning
processes & mitigation targets
Connecting Convention
obligations, enabling activities
with national planning &
articulating ways to achieve
mitigation targets
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GEF Climate Change Adaptation Program



The GEF’s approach to adaptation is based
on the fundamental recognition that
climate change affects all aspects of
human including social and economic
development.
Through the LDCF and SCCF, the
Adaptation Program funds the full cost of
adaptation, which translates to the term
“additional cost”
Our value proposition is to:
 Assist the most vulnerable
developing countries to address their
adaptation priorities;
 Assist transition to long-term
adaptation
 Scale-up multi-focal area projects
and programs
Strengthening adaptation capacities in the
Agricultural Sector – Burkina Faso (LDCF)
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Innovative Features of LDCF/SCCF
GEF Trust Fund
 “Incremental”
Cost
LDCF/SCCF
 “Additional” Cost
Principle
 Global benefits
 Adaptation benefits
 STAR
 No STAR
 Co-financing
 Existing BAU
Financing
 Rolling basis approval
Coping with Drought and Climate Change –
Mozambique (SCCF)
for LDCF
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LDCF and SCCF at a Glance
 The most comprehensive and advanced portfolio of adaptation
projects and programs
 More than 170 projects and programs in more than 110 countries
 Countries are rapidly accessing LDCF/SCCF resources
Cumulative Pledges
• $1.1 billion
Paid Contributions
• $939.2 million
Grants Approved
• $890.3 million
Co-Financing
• $4.4 billion
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GEF-6 CCA Draft Programming Strategy:
Goal and Objectives
GOAL  To increase resilience
to the adverse impacts of
climate change in vulnerable
developing countries, through
both near- and long-term
adaptation measures.
This goal is supported through
three strategic objectives.
1) Reduce Vulnerability
2) Increase Adaptive Capacity
3) Enhance Long-term Adaptation
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GEF-6 Adaptation Programming Priorities
Agriculture and Food Security
Water Resources Management
Coastal zone management
Infrastructure (cities, transport, energy)
Disaster Risk Management
Natural Resources management
Health
Climate Information Services
Climate-Resilient Urban Systems
Small Island Developing States
CrossCutting
Increasing Resilience to Climate Variability
and Hazards (Kiribati) (LDCF)
Each priority in line with country demand and COP guidance
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GEF Chemicals Cluster –Areas of Work
The GEF Chemicals Focal Area includes POPs, ODS, Mercury and Sound
Chemicals Management for increased coherence.
 Phase out of Persistent Organic Pollutants – Stockholm Convention
 Phase out of Ozone Depleting Substance, specifically to Countries with
Economies in Transition – Montreal Protocol
 Piloted activities on mercury – to support and inform ongoing
negotiations of an agreement on Mercury
 Pilot activities on chemicals of Global Concern – Related to the
Objectives of the Strategic Approach to International Chemicals
Management (SAICM), including E-waste, chemicals in products and
lead in paint.
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Overview of GEF Investment on POPs
• Since 2001, GEF has provided US$ 695
million POPs projects
– Leveraged over US$ 1.7 billion in co-financing from
partners;
– Bringing the total GEF POPs portfolio to over
US$2.4 billion.
• To date, GEF has financed National
Implementation Plans (NIPs) projects for all
developing country Parties requiring support.
– 108 Parties submitted their NIPs to the Secretariat
of the Stockholm Convention.
– 109 GEF post-NIP projects are under
implementation.
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GEF Funding of Post-NIP Activities (109
projects) to Address POPs
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GEF-6 Planning:
Chemicals and Waste Strategy
• An integrated Chemicals and
Waste Focal Area is planned
for GEF-6
• Including Stockholm
Convention, Montreal
Protocol, Minamata
Convention on Mercury and
SAICM issues
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GEF 6 Chemical and Waste Framework
Goal: A significant reduction in the exposure of humans and the
environment to hazardous chemicals and waste of global importance
Objectives
Programs
CW 1: Develop the
enabling
conditions, tools
and environment
to manage
harmful chemicals
and wastes
Program 1: : Develop and demonstrate new tools and economic
approaches for eliminating harmful chemicals and waste
Program 2: Support enabling activities and promote their integration into
national planning processes, national and sector policies and actions and
global monitoring
Program 3: Reduction and elimination of POPs
Program 4: : Reduction and elimination of Mercury
CW 2: Reduce the
prevalence
of Program 5: Complete the phase out of ODS in CEITs and assist Article 5
harmful chemicals countries under the Montreal Protocol to achieve climate mitigation
benefits
and waste
Program 6: Support regional approaches to eliminate and reduce harmful
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chemicals and waste in LDCs and SIDS
Thank you for your attention
Questions?
Ming Yang (Ph.D.)
Global Environment Facility
1818 H Street, NW, Mail Stop P4-400 - Washington, DC 20433 USA
Tel: (202) 473-0508 Fax: (202) 522-3240/3245
www.thegef.org / [email protected]
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