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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 • 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 $18 billion co-financing Over 2.5 billion tonnes of CO2 avoided • Largest multilateral public-sector technology transfer mechanism Financed demonstration, deployment, diffusion, and transfer of environmentally sound technologies Guiding Principles for GEF-5 CCM Strategy • Responsiveness to Convention guidance Up to COP 16: 171 pieces of guidance COP 17: guidance on Biennial Update Reporting, Technology Mechanism, Green Climate Fund, reporting, etc. • Consideration of national circumstances of recipient countries • Cost-effectiveness in achieving global environmental benefits Strategic Objectives for GEF-5 • SO1: Demonstration, deployment, and transfer of innovative low-carbon technologies • SO2: Market transformation for energy efficiency in industry and the building sector • SO3: Investment in renewable energy technologies • SO4: Energy efficient, low-carbon transport and urban systems • SO5: Conservation and enhancement of carbon stocks through sustainable management of land use and forestry • SO6: Enabling activities and capacity building Tech Transfer Embedded in CCM Strategy GEF-5 support address the continuum from applied R&D to diffusion Sectors: energy efficiency, renewable, transport, urban systems, LULUCF GEF-5 CCM Programming to Date Cumulative CCM resource utilization • Cumulative CCM utilization, including proposed March 2012 Intersessional WP: November 10 WP March 11 Intersessional May 11 WP November 11 WP March 12 Intersessional MSPs CCM resource utilization (US$) 7.8 million 35.0 million 87.7 million 112.0 million 55.3 million 1.3 million 80% $1,000 $800 60% $600 40% $400 24% 24% 19% 20% $200 CCM resource utilization rate (%) Work Programme $1,200 CCM resource utilization amount ($ millions)) Approx. $ 300M of $1,260M 100% 10% 1% 3% $0 0% Nov 10 WP March 11 IWP CCM projects May 11 Nov 11 WP Mar 12 WP IWP Multifocal projects 6 MSPs % CCM resource utilization Status of GEF-5 CCM STAR Utilization • Countries that have fully used CCM STAR allocation: – – – – – – – Uzbekistan Bangladesh Zambia Ghana Guatemala Guyana Suriname 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, BosniaHerzegovina, 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) 7 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) Thank you for your attention Questions?