Green Climate Fund Readiness Program: Example Vietnam. Berlin,

Transcription

1 Green Climate Fund Readiness Program: Example Vietnam Berlin,

2 The Frankfurt School UNEP Collaborating Centre for Climate & Sustainable Energy Finance 2

3 INSTITUTIONAL CENTRE SET UP Frankfurt School of Finance & Management Mission:...disseminate sustainable international business practices in finance and management through education, research, training and advisory services. Based on research and practical experience, we educate our students to be responsible experts and executives. Media-House Frankfurt School Verlag GmbH International Advisory Services Academic Programmes Executive and Professional Education efiport AG ConCap Frankfurt School UNEP Collaborating Centre Research Professional & Certificate Programs Corporate Programs & Seminars Educational and professional programs, Advisory, Research etc. 3

4 INTERNATIONAL ADVISORY SERVICES Our track-record with projects around the world SME Finance Risk Management HRM Housing Finance Microbanking MFI Transformation Rural and Adgricultural Finance Over 600 projects in more than 100 countries since early 1990s 4

5 THE CENTRE S APPROACH Applying a continuum from research to project implementation and building a knowledgebase Project design Research Project implementation Policy advice 5

6 Project finance Corporate lending Microfinanc e CENTRE EXPERIENCE WITH PROJECT IMPLEMENTATION across different financing types and end-user applications Applications e.g. Size Financing source Projects SHS, eba USD Meba CFIF Energy kiosk Mini-grids / captive installations On-grid capacity USD 1,000-20,000 USD 50K- 1m > USD 1m Sunref East Africa REP P SCAF Sunref West Africa GET FiT GCF Readine ss 6

7 The Green Climate Fund (GCF) and associated the GCF Support Program 7

8 GCF BACKGROUND INFORMATION GCF aims to promote a paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their GHG emissions and to adapt to the impacts of climate change. (GCF) As of November 2015, the GCF has raised USD 10.2 billion from 38 state governments. $ 10 Billion 20 implementing entities were accredited so far; USD 168m GCF co-financing was approved for projects and programmes 8

9 GCF - INVESTMENT PRIORITIES MITIGATION EE of buildings and appliances and of industrial processes; Low-emission transport; Low-emission energy access; Small-, medium- and large-scale lowemission power generation; AFFORESTATION / REDD+ Sustainable forest management to support mitigation and adaptation incl. afforestation and reduction of forest degradation; REDD+ implementation; CROSS-CUTTING ADAPTATION Design and planning of cities to support mitigation and adaptation; Adaptation activities to reduce climaterelated vulnerabilities; Sustainable land use management to support mitigation and adaptation; Selected flagship activities cutting across adaptation result areas; Readiness and capacity building for adaptation and mitigation activities; Scaling up of effective communitybased adaptation (CBA) actions; Supporting the coordination of public goods such as knowledge hubs. Source: GCF decision B. 05/03 9

10 GCF - IE ACCREDITATION STATUS NATIONAL IEs REGIONAL IEs INTERNATIONAL IEs 1. Centre de Suivi Ecologique (Senegal) 2. Environmental Investment Fund (Namibia) 3. Ministry of Natural Resources (Rwanda) 4. National Bank for Agriculture and Rural Development (India) 5. Peruvian Trust Fund for National Parks and Protected Areas (Peru) 1. Acumen Fund, Inc. (USA) 2. Caribbean Community Climate Change Center (Belize) 3. Corporación Andina de Fomento (Venezuela) 4. Secretariat of the Pacific Regional Environment Programme (Samoa) 1. Africa Finance Corporation 2. French Development Agency 3. Asian Development Bank 4. Conservation International Foundation 5. Deutsche Bank AG 6. European Bank for Reconstruction and Development 7. Inter-American Dev. Bank 8. International Bank for Reconstruction and Development (WB) 9. German Development Bank (KfW) 10. UN Development Programme 10 10

11 GCF - FIT-FOR-PURPOSE ACCREDITATION APPROACH To ensure that entities are accredited, there are different accreditation requirements depending on the size and type of activity. OPTION FOR SIZE OPTION FOR ENVIRONMENTAL AND SOCIAL RISK CATEGORY Micro Large Small Medium Category A Category B Category C Micro: USD 0 10 million Small: USD million Medium: USD million Large: USD >250 million Category A: High Risk Category B: Medium Risk Category C: Low Risk Source: GCF/B.08/02, October

12 SAMPLE IMPLEMENTATION STRUCTURE UNDER THE GCF PRIVATE SECTOR WINDOW REDD+ ADAPTATIO N MITIGATIO N CONESSIONAL LOANS, EQUITY NDAs IE submission; no objection for funding proposals and IE accreditations IEs Do appraisal; stakeholder consultation; assist with funding proposal development EXECUTING ENTITIES (EEs) GRANTS, GUARANTEES In Vietnam: NDA = Ministry of Planning & Investment Official communication with the GCF Principal signing authority No-objection statement for NIE Application In Vietnam: NIEs = GGSF, VDB (in process) MIEs = KfW, WB, UNDP etc. IE Accreditation Application Fiduciary management and oversight of channeled resources Project implementation and oversight 12

13 Many Thanks! Frankfurt School - UNEP Collaborating Centre for Climate & Sustainable Energy Finance Frankfurt School of Finance & Management ggmbh Sonnemannstrasse Frankfurt am Main fs_unep@fs.de Phone: +49 (0) Fax: +49 (0)