the gef overview and update
Download
Skip this Video
Download Presentation
– The GEF – Overview and Update

Loading in 2 Seconds...

play fullscreen
1 / 33

– The GEF – Overview and Update - PowerPoint PPT Presentation


  • 100 Views
  • Uploaded on

– The GEF – Overview and Update. GEF Expanded Constituency Workshop 12-14 March 2013 Dakar, Senegal. History of the GEF. 1992. 2013. 1991. 1994. $1 billion pilot program in the WB. GEF serves as financial mechanism for : CBD UNFCCC Stockholm Conv. on POPs UNCCD Mercury (NEW)

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about '– The GEF – Overview and Update' - makoto


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
the gef overview and update
– The GEF – Overview and Update

GEF Expanded Constituency Workshop

12-14 March 2013

Dakar, Senegal

slide2
History of the GEF

1992

2013

1991

1994

$1 billion

pilot program in the WB

GEF serves as financial mechanism for:

CBD

UNFCCC

Stockholm Conv. on POPs

UNCCD

Mercury (NEW)

Also, although not linked formally to the Montreal Protocol, the GEF supports its implementation in transition economies.

At the Rio Earth Summit, negotiations started to restructure the GEF out of the WB

World’s largest public funder of projects and programs to benefit the global environment

Instrument for the Establishmentof the Restructured GEF

Initial partners:

WB, UNDP, UNEP

institutional framework
GEF Trust FundInstitutional Framework

Guidance

Operations

Action

GEF

Trustee

GEF Assembly

STAP

  • Projects
  • Countries:
  • GEF OFPs / PFPs
  • Convention FPs
  • Other Gov’t Agencies
  • NGOs / CSOs
  • Private Sector

GEF Council

Countries: Council Members

/ Constituencies

GEF

Secretariat

  • GEF Agencies
  • UNDP
  • UNEP
  • WB
  • ADB
  • AfDB
  • EBRD
  • FAO
  • IaDB
  • IFAD
  • UNIDO
  • Conventions
  • CBD
  • UNFCCC
  • Stockholm (POPs)
  • UNCCD
  • Montreal Protocol
  • Mercury

Evaluation Office

slide4
Responsibility of GEF Agencies (1 of 2)

Implementing Agency – Project Oversight

  • Ensure quality of preparation
  • Disburse funds to Executing Agency
  • Supervise implementation
  • Be accountable to GEF Council
  • Keep GEF OFP informed
  • Help secure committed co-financing
slide5
Responsibility of GEF Agencies (2 of 2)

Executing Agency – Project Management

  • Deliver project outcomes
  • Day-to-day management of funds
  • Report on results and use of funds
slide6
System for Transparent Allocation of Resources (STAR) (1 of 2)

Biodiversity, Climate Change, and Land Degradation

All countries have individual allocations

Minimum allocations:

Flexibility for smaller overall allocations ($7 M)

$2M

in CC

$1.5M

in BD

$0.5M

in LD

slide7
System for Transparent Allocation of Resources (STAR) (2 of 2)

Programs without Allocations:

International Waters

POPs & Sound Chemicals Management

Sustainable Forest Management

Enabling Activities

Cross-cutting capacitydevelopment

Country Support Programme

Regional & Global Projects & Programs

Small Grants Programme

Private Sector Engagement

slide9
GEF-5 Project Cycle (1 of 4)
  • PIF submitted on a rolling basis
  • 18 months preparation for FSP: Council approval/ CEO Endorsement
  • 12 months preparation for MSP: only if PPG requested  PIF approval/project document approval
slide11
GEF Project Cycle (3 of 4)

Specific Project Cycle Steps

MSPs and EAs:

Approved by the CEO on a rolling basis

Programmatic Approaches:

Currently under review

slide12
GEF Project Cycle (4 of 4)

Streamlining Measures

  • PPG included in PIF template
  • MSP ceiling - $2 million
  • All templates simplified
  • Milestones monitored by GEFSEC
  • Agency fees:

40% at Council approval

60% at CEO endorsement

  • Umbrella projects for EAs approved by Council – No separate endorsement for individual projects.
slide13
Harmonization

Oct 2012: WB Harmonization Pilot discussion starts with the WB

Objective

To reduce administrative burden through involvement of GEF’s Program Managers in project design.

What has been harmonized

  • No Parallel Process for Decision Making
  • No GEF Review Sheets
  • No GEF-specific Project Templates
  • New business standard: from a 10 to a 5-day response
slide14
Other Funds – LDCF, SCCF, NPIF, AF

Additional Trust Funds

Managed by the GEF

Nagoya Protocol Implementation Fund (NPIF)

Special Climate Change Fund (SCCF)

Least Developed Countries Fund (LDCF)

Secretariat Services

Provided by the GEF

Adaptation Fund (AF)

slide15
LDCF & SCCF

LDCF

SCCF

Available to all developing countries, parties to UNFCCC

Established to support Adaptation and Technology Transfer activities, short and long-term

41 adaptation projects approved, 6 for technology transfer

SCCF resources now amount to USD 242 M.

  • Established to address the special needs of LDCs under UNFCCC
  • Only existing Fund mandated to finance the preparation and implementation of NAPAs
    • 49 NAPAs funded already and 84 LDCF projects approved
    • LDCF resources now amount to USD 540 M.
slide16
NPIF

Funds projects that:

  • Provide actual Access and Benefit Sharing (ABS)
  • Promote technology transfer & private sector engagement
  • Review capacities and needs on ABS with focus on existing policies, laws and regulations

A separate trust fund created and managed by the GEF

  • Established in Feb 2011
  • Funds are additional to STAR allocations
slide17
Adaptation Fund (1 of 3)

A separate trust fund

    • Managed by the Adaptation Fund Board (AFB)
    • GEF provides secretariat services
    • World Bank as trustee
    • Established in 2007
    • Under Kyoto Protocol

Resources

  • 2% from monetized CERs
  • Annex-I parties contributions
  • Current Funding Availability:
    • US$ 123.7M
slide18
Adaptation Fund (2 of 3)

Governance – AF Board

  • The AF Board is composed of 16 members and 16 alternates
  • A majority of members represent developing countries
  • AFB meets 3x a year, generally in Bonn
  • 2 representatives from each of the 5 UN regional groups
  • 1 representative of the SIDS
  • 1 representative of the LDCs
  • 2 other representatives from Annex I
  • 2 other representatives from non-Annex I
slide19
Adaptation Fund (3 of 3)
  • Access Modalities
  • National Implementing Entities (NIE) – Direct Access
  • Regional & Sub-Regional Entities (RIE)
  • Multilateral Implementing Entity (MIE)

Multilateral Implementing Entities

  • The 50 % cap reached at the 19th Board meeting
  • Pipeline established
  • National / Regional Implementing Entities
  • AF offers Project Formulation Grants
slide20
Green Climate Fund (GCF) (1 of 2)
  • UNFCCC: An operating entity of the financial mechanism
    • Mission: to support projects with a balanced allocation between CCA and CCM
    • World Bank as Trustee
  • Head Office: Incheon, South Korea
slide21
Green Climate Fund (GCF) (2 of 2)

Governance – GCF Board

  • The GCF Board has 24 members and 24 alternates
  • Composed of an equal number of developing and developed countries
  • Including representatives of relevant UN regional groupings and representatives from SIDS and LDCs
  • With necessary experience and skills, given genderbalance
  • Selected by their respective constituency or UN regional group
  • 3-years term, eligible to additional terms
  • 2 co-chairs (one from a developed, another from a developing country)
  • Two-thirds of Board members needed for a quorum
  • Decisions by consensus
slide22
Broadening the GEF Partnership
  • GEF Council May 2011:
    • Approval of a pilot to accredit up to 10 new institutionsto serve as GEF Project Agencies
    • At least 5 national institutionswith size and regional balance
    • Eligibility: national institutions, regional organizations, CSOs/NGOs, UN specialized agencies and programs, other int’l organizations
slide23
Public Private Partnerships in GEF-5 (1 of 3)

GEF-5 Private Sector Strategy: 3 Modalities

  • Establish Public-Private Partnership (PPP) Programs with multilateral development banks (MDBs) to support investments using non-grant instruments
  • Encourage countries to use STAR allocation grants for projects with private sector investments using non-grant instruments  $ 30 M available now (very positive)
  • Support SME competitions to facilitate technology transfer and entrepreneurship
slide24
Public Private Partnerships in GEF-5 (2 of 3)

Non-Grant Instrument

  • Under the GEF instrument, a form of concessional finance that has the potential to earn a return (or reflow)
  • Reflows are available to expand the pool of GEF resources available for future investments.

Examples:

    • Contingent Grant
    • Credit Guarantee or Risk Guarantee Fund
    • Equity Fund Investments
    • Concessional Loans
    • Performance Risk Guarantee
    • Revolving Fund
    • Risk Sharing Fund for Loan Provision
slide25
Public Private Partnerships in GEF-5 (3 of 3)

PPPs – Current Status

  • The GEF June Work Program included two new PPPs
    • $20 Million with AfDB for renewable energy loans
    • $15 Million with IDB for equity investments in clean energy and bio-diversity
    • UNIDO is coordinating to identify countries that wish to pursue SME competitions as MSPs
slide26
New GEF Fee Policy

Start Date

  • The Council requested the Secretariat to begin implementation of the new structure beginning 01 Jan 2013.

Percentages

  • All projects approved/cleared by CEO will be subject to the new fee policy as follows:
    • 9.5% for GEF project grants up to and including $10 million
    • 9.0% for GEF project grants above $10 million
slide27
GEF-6 Replenishment (1 of 3)

Previous Replenishments

Replenishment: process in which donor countries, every 4 years, voluntarily pledge to provide resources to fund the GEF operations.

slide28
GEF-6 Replenishment (2 of 3)

Composition

  • GEF Trustee (Chair)
  • GEF CEO (Co-Chair)
  • Donors:
    • Minimum contribution SDR 4 M
  • Recipients: 4 representatives
    • (representing AFR, Asia/Pacific, ECA, and LAC)
  • CSOs/NGOs:
    • 2 representatives
  • Observers:
    • A) Potential donors B) GEF Agencies C) Conventions
slide29
GEF-6 Replenishment (3 of 3)

Core Documents

  • Documents
    • Strategic Positioning
    • Programming
    • Policy
  • GEF2020 Strategy
  • OPS5 (GEFEO)

Process: Timetable

  • April 2013 (Paris)
  • Sept. 2013 (TBD)
  • Nov. 2013 (Washington)
  • Feb. 2014 (TBD)
slide30
CEO Vision Statement

Time for Transformational Change – The role of the GEF

The GEF is uniquely positionedto support the stewardship

of the global environmental commons

The GEF must be:a champion of the global commons, an innovator, the partner of choice for environmental benefits, a catalyst in the evolving architecture of environmental finance

Principles in Action:

  • Collective leadership and effective communication,
  • Promoting country ownership,
  • Resolute focus on achieving results, a lean and efficient organization
slide31
GEF 2020

A long-term strategy for the GEF

Context

Key Questions for the GEF

The global environment is in crisis

Transformational change is needed

What is the GEF operating context today and what are the trends that should drive its focus?

What are the areas/activities that the GEF is in the best position to support?

How can the GEF maximize its potential as catalyst for sustainable change at scale?

Which actions can the GEF take in the short, medium and long-term to implement the vision?

slide32
GEF Online Resources

Website – www.TheGEF.org

  • Council Member List
  • Focal Point List
  • Country Profiles
  • Country Fact Sheets
  • Country Support Programme
  • Documents & Publications
    • Council Documents
    • Work Programs
    • Program Management Bulletin
    • Publications/Videos
  • Templates – PIF, EAs

PMIS

  • Username and Password
  • Pre-PIF Tracking Tool
  • Project Information:
    • Where to find PIFs, PFD, PIRs

Social Media

  • facebook.com/thegef1
  • twitter.com/thegef
  • youtube.com/gefsecretariat
slide33
Thank you for your attention!

Questions?

The Global Environment Facility

1818 H Street, NW, Mail Stop P4-400 - Washington, DC 20433 USATel: (202) 473-0508 Fax: (202) 522-3240/3245

www.thegef.org / [email protected]

ad