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GEF Strategies, Activities and Accomplishment: Climate Change Mitigation

GEF Strategies, Activities and Accomplishment: Climate Change Mitigation. Chizuru Aoki Cluster Coordinator, Climate Change Mitigation Senior Technology Transfer Officer GEF Familiarization Seminar Washington, DC January 17 – 19, 2012. Financing Climate Change under GEF Trust Fund.

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GEF Strategies, Activities and Accomplishment: Climate Change Mitigation

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  1. GEF Strategies, Activities and Accomplishment: Climate Change Mitigation Chizuru Aoki Cluster Coordinator, Climate Change Mitigation Senior Technology Transfer Officer GEF Familiarization Seminar Washington, DC January 17 – 19, 2012

  2. 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

  3. Guiding Principles for GEF-5 CCM Strategy • Responsiveness to Convention guidance • Up to COP 16: 171 pieces of guidance • COP 17: guidance on Biennial Update Reporting, Technology Mechanism, Green Climate Fund, reporting, etc. • Consideration of national circumstances of recipient countries • Cost-effectiveness in achieving global environmental benefits

  4. 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

  5. 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

  6. Cumulative CCM utilization, including proposed March 2012 Intersessional WP: Approx. $ 300M of $1,260M GEF-5 CCM Programming to Date Cumulative CCM resource utilization

  7. Countries that have fully used CCM STAR allocation: Uzbekistan Bangladesh Zambia Ghana Guatemala Guyana Suriname Status of GEF-5 CCM STAR Utilization • Countries that have not utilized CCM STAR allocation: • Over 90 countries • Argentina, Venezuela, Chile, Congo DR, Sudan, Philippines, Myanmar, Korea DPR, Morocco, Turkmenistan, Syria, Angola, Ecuador, Nepal, Tunisia, Uruguay, Croatia, Mozambique, Botswana, Cameroon, Trinidad and Tobago, Paraguay, Bosnia-Herzegovina, Sri Lanka, Yemen, Iraq, Cambodia, Panama, Libya, Jordan… • Countries with over $10M CCM STAR allocation remaining (in $): • China (83M), India (73M), Brazil (52M), Russian Federation (49M), Mexico (38M), Indonesia (28M), South Africa (24M), Argentina (20M), Thailand (18M), Iran (17M), Turkey (13M), Malaysia (13M), Vietnam (13M), Venezuela (12M), Egypt (11M) • (Assuming all the PIFs for the March 12 intersessional work program will be approved by GEF Council)

  8. Options for Focal Area Set-Aside • National Communications and Technology Needs Assessments ($80M)  Linked to COP 17 decision on BUR • Global and regional technology centers and network ($42M)  Linked to Technology Mechanism decision • Incentives for countries to participate (with STAR) in global and regional projects ($20M) • Global and regional projects (targeted research, etc.) ($10M) • Support for carbon finance ($20M)

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