1 / 13

Global Environment Facility Climate Change

Global Environment Facility Climate Change. 14 May 2004 Siv Tokle GEF Monitoring and Evaluation Unit. GEF and Climate Change. Financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) $1.6 billion for renewable energy, energy efficiency and sustainable transport.

shyla
Download Presentation

Global Environment Facility Climate Change

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. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Environment Facility Climate Change 14 May 2004 Siv Tokle GEF Monitoring and Evaluation Unit

  2. GEF and Climate Change • Financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) • $1.6 billion for renewable energy, energy efficiency and sustainable transport. • Additional $9 billion in co-financing • More than 120 clean energy projects in more than 60 developing countries

  3. Operational Programs in Climate Change • Removal of Barriers to Energy Efficiency & Energy Conservation (OP 5) • Promoting the Adoption of Renewable Energy by Removing Barriers and Reducing Implementation Costs (OP 6) • Reducing the Long-term Costs of Low GHG-emitting Energy Technologies (OP 7) • Promoting Environmentally Sustainable Transport (OP 11) (introduced in 1999)

  4. Climate Change Strategic Priorities • Transformation of Markets • Access to Finance • Power Sector Policy Frameworks • Productive Uses of Renewable Energy • Global Market Technology Aggregation • Modal Shifts in Urban Transport • Adaptation to Climate Change

  5. Typical project clusters

  6. Where are GEF CC projects? • Asia: Largest portfolio (China, India), broad activity range (EE and renewables). • Latin- America: Notable portfolio, mix RE (solar, biomass, wind) and EE. • Africa: Mainly renewable energy, rural electrification, enabling activities. • Eastern Europe: Limited but growing portfolio. Stress on EE, buildings, finance. • Arab Region: Fewer countries, EE markets.

  7. Climate Change Study • Purpose: (a) Assess climate change results and performance, (b) Draw implications for future projects, GEF policies and strategies. • Timeframe: To be completed late summer 2004 • Issues: Market transformation, policy and finance, EE programs, rural electrification • Use: Input to the Third Overall Performance Study (September 2004-Summer 2005)

  8. Achievements • EE products (lights…) market change • EE finance and banking • RE Off-grid Solar PV: Local benefits • Policy frameworks: Codes, standards, awareness, liberalization, institutions

  9. Example 1: EE financing Hungary • GEF 6 M $, WB/IFC 12 M $ guarantee fund, over 8 years • Target group: Banks, loan packages • Energy efficiency in municipalities, block houses, industry: 20+ projects • Emerging ESCO market, banks take on added risks • Policy: Push by EU membership

  10. Example 2: China REDP • WB project (2001- 07). GEF grant 27 M $ • Contributed substantially to the growth and development of the PV market in China • Largest programme in the world: Nearly 100,000 PV SHS systems installed • Policy: National PV standards, testing centres and procedures. But – missing overall renewable energy policies with coherent PV projects • But: A fully sustainable market for wind or PV not yet achieved. Rely on mandated market share and tariff (wind) or subsidies for off-grid PV

  11. Challenges • Moving from technology focus to markets • Targeting the “right” barriers, within strategic country programming • Market transformation and “replication” • Policy framework – economic, legal, finance, environment, energy • Partnering: Working with others, especially private sector engagement

  12. Consultancy opportunities • Through the GEF Implementing Agencies • Project formulation • Technical studies • Evaluation • Monitoring and Evaluation studies • Expertise: Multi-dimensional, beyond technical expertise

  13. Thank you

More Related