Transcript Fine-Tuning GEF Secretariat: Work Program Agreements

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.
 Additional $9 billion in co-financing
 More than 120 clean energy projects in
more than 60 developing countries
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Operational Programs in
Climate Change
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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 GHGemitting Energy Technologies (OP 7)
Promoting Environmentally Sustainable
Transport (OP 11) (introduced in 1999)
Climate Change
Strategic Priorities
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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
Typical project clusters
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.
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Climate Change Study
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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)
Achievements
EE products (lights…) market change
 EE finance and banking
 RE Off-grid Solar PV: Local benefits
 Policy frameworks: Codes, standards,
awareness, liberalization, institutions
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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
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Example 2: China REDP
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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
Challenges
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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
Consultancy opportunities
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Through the GEF Implementing Agencies
Project formulation
 Technical studies
 Evaluation
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Monitoring and Evaluation studies
 Expertise: Multi-dimensional, beyond
technical expertise
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Thank you