Transcript Working group activities Working Group Members Secretariat

LEDS GLOBAL PARTNERSHIP
Annual Event
Finance Plenary
27 August 2014
Bethany Speer
www.ledsgp.org
WORKING GROUP ACTIVITIES
Working Group Members
Secretariat: Ari Huhtala (CDKN) and Bethany Speer
(NREL)
Leads Organizations: CDKN, E3G, NREL/JISEA, ODI,
UNDP
Sampling of Members: Bajo en Carbono, Bangladesh
Department of Energy, Brazil Ministerio do Meio Ambiente,
Cambodia Climate Change Dept., CCAP, CDKN, CSTEP,
CTI-PFAN, Danish Energy Agency, E3G, ECN, Ecofys,
EMBARQ India, GIZ, ICF International, IFC, Indonesia State
Ministry of Development Planning, International Resources
Group, Lycos, Ministry of Foreign Affairs of Denmark,
Nexant, NREL, Thailand National Economic and Social
Development Board, U.S. Dept. of State, U.S. DOE, UNDP,
UNEP, UNEP-Risoe, University of Delaware, USAID,
Vietnam MPI, WEF, Worldwatch Institute, WRI
Activities
No-Cost Virtual Technical Assistance Provided by a network
of finance experts to all developing countries to…
• Review and advise on financing strategies and policies
• Compile information on financing, investment, and
funding options
• Match-make with finance, investment and funding
sources
• Example: Working with Mauritius to understand options for
transitioning from a generous solar hot water grant program
to a more sustainably funded incentive; Turkmenistan
Submit requests at: http://ledsgp.org/assistance/finance
Additional Activities
National Finance Strategies, Inventory of LEDS Services and
Activities, Case Studies, Peer Exchange Webinars and
Workshops, Identifying Partnership Opportunities
Join the working group!
The working group is open to all LEDS finance
practitioners and country teams.
Become a member to:
• Learn about other organizations’ work on LEDS finance
and investment, including upcoming events and recent
publications
• Collaborate on LEDS funding, finance, and investment
related activities
• Build connections with other climate and LEDS finance
experts
Email: [email protected]
Introductory Summary
FINANCE FRAMEWORK
Purpose
Share the current
challenges that countries
have identified in the
context of resource
mobilization
Present initial options for
mobilizing LEDS and a
diagnostic tool to support
countries with navigating
such challenges
Suggest key approaches
that can be undertaken
over time to mobilize
finance for LEDS actions
Provide a foundation for
further dialogue
Audience and Intent
•
Primary audience: practitioners supporting LEDS, both
those who are early and later in the process
Based on a synthesis of lessons learned and expertise
from a variety of programs, services, and research efforts
A living document that will be reviewed and updated
semi-annually or annually; First phase completed in Oct
2014; Second phase next year.
Intended as a guide only and should be applied and
adapted based on the country context, priorities, and
implementation phase
Contributors thus far: GGBP, E3G, ODI, LEDS GP.
•
Seeking additional authors!
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Overarching Challenges
1.
National inconsistences in public finance with
incentives and instruments at times negating efforts to
advance LEDS
1.
Gaps in capabilities of the domestic financial sector,
impacting their ability to participate with the public sector
in financing LEDS
1.
Fragmented and poorly coordinated international
cooperation efforts
Have you encountered other high-level challenges not
recorded here?
Public Sector Role
Government leadership of the “homework” effort, can
include identifying:
1) National priorities
2) Specific resources needs
3) Analysis of barriers to mobilize private investment
and strategies to overcome risks and create increased
rates of return
4) Domestic capacity to finance its plans
5) The role required from international development
partners
Public Sector Role
LEDS POLICIES, PROGRAMS, and PROJECTS
Climate change strategies, green growth strategies, sectoral initiatives, low
emission and /or climate resilient technology oriented policies
ENABLING
POLICY
FRAMEWORK
Regulations,
standards, clear
price signals
PUBLIC BUDGET
SUPPORT
Procurement,
public-private
partnerships,
Budget allocation
GOVERNMENT
FINANCIAL
INSTRUMENTS
Grants,
guarantees,
concessional loans
INCREASING IMMEDIATE
AND LONG-TERM
INVESTMENT
MOBILIZED LEDS WITH REDUCED EMISSIONS AND ENHANCED
CLIMATE RESILIENCE
Private Sector Role
•
Support the LEDS planning phase by contributing to
stakeholder consultations in which governments seek to
better understand the current barriers that could impede
investment in LEDS technologies.
And of course, create
new businesses, invest
Challenges
to policy
and finance!
Policy
actions
uptake
Identification
of risks
Private Sector Informed Approach to Implementing LEDS
What other key
actions can the
private sector
support?
International Development and Finance
Communities’ Roles
Knowledge
sharing
Technical
assistance
Capacity building
Applying the Framework
•
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How can this framework be applied?
Would there be value in further developing regional
case studies?
Is it helpful to have a common slide deck on the
finance framework and make it available to structure
future training?
Would there be value to countries in the LEDS GP
and regional platforms supporting a matchmaking
role between countries and finance/funding and
finance technical assistance providers?
Amal-Lee to present on strategic approaches
PART 2 OF THE PLENARY