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Climate Change Mitigation (CC-M) Ming Yang Senior Climate Change Specialist GEF American University Seminar Washington, DC April 3, 2012 Unique characters of CC-M Maximize Global Environmental Benefits by: – Mitigating GHG emissions; – Increasing use of renewable energy and decreased using of fossil energy; – Improving efficiency in energy production and use; – Increasing adoption of a low-carbon development path via technology transfer, market transformation, and enabling activities; – Increasing sequestration of carbon; and – Reducing GHG emissions and enhancing carbon stocks under sustainable management of land use (including peatlands), land use change, and forestry. Strategic Objectives for GEF-5 • SO1: Demonstration, deployment, and transfer of innovative low-carbon technologies • SO2: Market transformation for energy efficiency in industry and the building sector • SO3: Investment in renewable energy technologies • SO4: Energy efficient, low-carbon transport and urban systems • SO5: Conservation and enhancement of carbon stocks through sustainable management of land use and forestry • SO6: Enabling activities and capacity building Source: Aoki C. (2011) Tech Transfer Embedded in CCM Strategy GEF-5 support address the continuum from applied R&D to diffusion Sectors: energy efficiency, renewable, transport, urban systems, LULUCF Source: Aoki C. (2011) Financing Climate Change under GEF Trust Fund • GEF Trust Fund has invested over $3 billion in over 150 countries Mitigation projects, Technology Needs Assessments (TNAs), National Communications to the UNFCCC • Catalytic, innovative, and cost-effective Leader in financing new, emerging low-carbon technologies Pioneered market-based approaches, innovative instruments Leveraged more than $18 billion co-financing Over 2.5 billion tonnes of CO2 avoided • Largest multilateral public-sector technology transfer mechanism Financed demonstration, deployment, diffusion, and transfer of environmentally sound technologies Source: Aoki C. (2011) GEF Relations with other institutions • Financial mechanism for United Nations Framework Convention on Climate Change; • Partnership with 10 UN agencies and multilateral banks; • Information sharing with other international agencies such as the International Energy Agency and the United Nations Foundation; • Working with national governments and civil society organizations for project development. Facilitate public behavior via new policy: Project Example 1: Kazakhstan EE lighting • Objective: Phase-out incandescent lamps • Approaches: – policy development and implementation; – market development; – education and outreach; and – project demonstration. • Target: Mitigate up to 71 million tons of CO2 Institutional development and technology transfer: Example 2: China Industrial boiler EE improvement Institutional framework and governance impacts Promote new standards for boiler design Yes Strengthen certification for boiler operation Technology dissemination National sales and market promotion for GEF supported boilers Global and local benefits GHG emission mitigation (million tCO2e) Technology transfer (number of patents) Targeted sales of GEF-supported boilers at project completion (tons/hr) Yes Yes Yes 160 9 9,230 Thank you for your attention Questions?