cross cutting strategies climate changeby benoit lebot undp feb 2011 english

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  • 8/10/2019 Cross Cutting Strategies Climate Changeby Benoit Lebot UNDP Feb 2011 English

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    GEF Focal Area & Cross Cutting Strategies

    Climate Change Mitigation

    [email protected]

    GEF Expanded Constituency Workshop Central Africa Constituency

    15-17 February, 2011 Hotel Memling, Kinshasa, DRC

    mailto:[email protected]:[email protected]
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    Can we avoid Climate Change?

    NO

    Can we reduce Climate Change?

    YES

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    The International Context encouragesclimate change mitigation activities

    The Cancun COP 16 confirms the target ofmaintaining global warming below 2 C

    Each country to develop National AppropriateMitigation Actions (NAMAs )

    The price of conventional energy is high & willcontinue to rise

    Role of deforestation understood & accepted

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    18%

    1%

    8%

    14%

    59%

    World Greenhouse Gas Emissions

    CH4

    N2OF Gas

    CO2From

    Combustion

    CO2FromLUCF

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    64%

    0%

    11%

    20% 5%

    Mainstreaming CCRM into UNDP Core Activities- RBARR Cluster Meeting

    Greenhouse gas emissions in Sub-Sahara countries

    CH4

    N2O

    F Gas

    CO2

    CO2

    FromLUCF

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    Source: IPCC AR4, Synthesis Report (shares are for 2004)

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    All sectors & regions have the potential to contribute

    Note: estimates dont include non-technical options such as lifestyle changes

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    2

    3

    4

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    The goal of GEF Climate ChangeMitigation is to support countries toward

    a low-carbon development path Promote low-carbon technologies

    Promote energy efficiency Promote renewable energy Low-carbon urban transport Sustainable management land-use

    change, & forestry (LULUCF) Enabling Activities & Capacity Building

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    GEF 5 promotes low-carbontechnologies

    1.Technologies demonstrated, deployed &transferred

    2. Enabling policy environment and mechanisms

    Prevision $300 M (out of $1 350 M GEF 5)

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    GEF 5 promotes energy efficiency

    1. Policy, legal and regulatory frameworks

    2. Sustainable financing mechanisms

    Prevision $260 M (out of $1 350 M GEF 5)

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    GEF 5 promotes renewable energy

    1. Policy and regulatory frameworks2. Increased investment in RE technologies

    Prevision $320 M (out of $1 350 M GEF 5)

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    GEF 5 promotes sustainable urbantransport

    1. Legal and regulatory frameworks2. Increased investment in sustainable transport

    Prevision $250 M (out of $1 350 M GEF 5)

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    GEF 5 promotes the Conservation &enhancement of carbon stocks through

    LULUCF

    1. Good management practices in LULUCF2. Restoration and enhancement of carbon stocks

    in forests and non-forest lands (peatlands)

    Prevision $50 M (out of $1 350 M GEF 5)

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    GEF 5 supports enabling activities &capacity building

    1. National Communications and OtherObligations under the UNFCCC

    2. Countries can also receive support forvulnerability & adaptation assessments,capacity building, and technology needsassessments

    Prevision $50 M (out of $1 350 M GEF 5)

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    GEF CC Mitigation & Carbon Finance(i) capacity building to help create enabling legal & regulatory

    environments;

    (ii) support of programmatic carbon finance & other activitiesunder the post-2012 climate regime;

    (iii)demonstration of technical and financial viabilities oftechnologies;

    (iv)partial risk guarantees and contingent financing for carbonfinance projects; and

    (v) co-financing of innovative projects, with credits to be retained

    in the recipient country for further project replication.

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    Features of GEF & CDMGEF CDM

    Mandate Financial mechanism ofUNFCCC

    Market-based mechanism of KP

    Objective To transform the marketstoward less-carbon-intensivepaths

    To meet emissions targets for developedcountries and provide finances resources andtechnology for developing countries

    Strategy Barrier removal; long-term;catalytic

    Project based; focusing on direct emissionsreduction

    Modality Upfront grant or concessionalfinancing for agreedincremental costs

    Payment on delivery of emissions reduction(to improve project revenue streams)

    Projecttype

    Preventive measures toreduce/avoid CO2; primarilyRE, EE, and transport projects

    End-of-pipe fixes to capture/decomposegases of high GWP (HFC, CH4); relatively fewRE, EE, transport projects

    M&V Ex ante estimate; weak

    traceability; self-reporting

    Rigorous methodology; quantified,

    monitored, verified, and certified

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    What GEF has supported

    GEF creates enabling legal, regulatoryenvironment; CF supports specificprojects.

    GEF demonstrates technical andfinancial viability; CF replicates.

    GEF provides partial risk guarantees;CF participates in project financing.

    GEF provides funding from non-CCfocal areas; CF project earns creditsfrom reduced/avoided emissions.

    What GEF has shied away from

    o Creation and operation of DNAs

    o CDM methodology development

    o PIN/PDD development

    o CDM project verification andcertification

    o (Co-)Financing projects that earnCERs

    GEF & CDM: Rule of Thumb in the Past

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    Climate Change Mitigation under GEF 5

    Focal Area Allocation $1,360 million

    Under STAR $1,088 million

    Contribution to Sustainable

    Forest Management $100 million.

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    As Climate Changes, Can We?

    Kofi Annan, UN SGWednesday, November 8, 2006

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    A

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    Thank you for your kind [email protected]

    mailto:[email protected]:[email protected]