Climate Change Asia: for Project Proposal · Climate Change Asia: Capacity Building for Bankable...
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Climate Change Asia:Capacity Building for Bankable Project Proposal
Naoya Tsukamoto, DirectorLyan Villacorta, Senior Programme OfficerRegional Resource Centre for Asia and the PacificAsian Institute of Technology
4th NIES International Forum
24 January 2019
Hanoi, Vietnam
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Malaysia, 2016Photo: The Star/ Asia News Network
Philippines, 2016Photo: Cheryl Raveo Fagalac
Cambodia, 2016Photo: REUTERS, Samrang Pring
Vietnam, 2018Photo: REUTERS
Philippines, 2018Photo: Aaron Favila
India, 2017Photo: REUTERS, Samrang Pring
THE TIME IS NOW
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50%Adaptation Finance Brief history
2% C L E A ND E V E L O P M E N T M E C H A N I S M
COP 3, 1997 COP 16, 2010
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China
USA
EU
India
Brazil
Russia
Japan
Canada
CongoIndonesia
AustraliaSouth Korea
MexicoBoliviaMyanmarCAR
SudanTurkey
ThailandUkraine
Rest of World
80:20Global CO2e Emissions
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3,526 1,623 296
185
250
144 138 136
China and India host 70% of all CDM Projects Worldwide.
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A key driver for action is Climate finance, but…
Direct Access projects are scarce
41 of 75 Accredited Entities of the Green Climate Fund are Direct Access Entities but around 76% of its funding went through International Access
Entities.Similarly for the Adaptation Fund, only 36% of its funding went to National
Implementing Entities.
Support for building endogenous capacity is
inadequate
There are about 20+ active providers globally, and very few in Asia and the
Pacific.
Available financing is insufficient
In Asia, conservative estimates for infrastructure climate‐proofing alone
exceed $200 billion per year
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What we are doing
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RRC.AP Training Team
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Training Programmes
Knowledge Sharing events
Knowledge Products Mentoring
• Comprehensive• Tailored to specific needs• Learning‐by‐doing• Peer‐to‐peer learning
• User‐friendly guides • Learning materials
• Conferences, workshops, webinars, etc.
• Foster dialogue and lesson sharing between stakeholders
• Direct feedback on draft Concept Notes
• Offer advise on the way forward
Climate Change Asia: Services and Work Programme
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• Project Preparation Request approved(IDCOL Bangladesh)
• 21 GCF concept notes elaborated
• FormulationGCF Training Programme
• Eight GCF project ideas and concept notes
Contribute to increased Direct Access to Climate Finance in Asia and the Pacific
• 27 Regional Training and knowledge sharing events
• 800+ Individual Stakeholders
2016 2017 2018 2019 2020
Climate Change Asia: Progress and Targets
• 38 Countries in Asia and the Pacific
• 15+ Development Partners
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Select Climate Change Asia events 2016‐20182016• Urban Climate Change Adaptation and Resilience
• Managing Project Preparation for Adaptation
• Financing Renewable Energy in Pacific SIDS
• GCF Concept Note Development for Mitigation
2017• Managing Project Preparation for Adaptation
• Advancing National Adaptation Planning Workshop
• Economics of Climate Change Adaptation
• Gender Mainstreaming for Adaptation Proposals
2018• Understanding Paradigm Shifts
• GCF Concept Note Development
• GCF Concept Note Development for Adaptation
Participants typically include: National Designated Authorities to the GCF
• i.e. Climate Change Commission, Philippines• Ministry of Environment• Ministry of Finance• Etc.
Direct Access Entities• i.e. Bangladesh ‐ Infrastructure Development Company
Limited (IDCOL)• Land Bank of the Philippines• Fiji Development Bank• Etc.
Project Developers, National and local levels
NGOs, CSOs, Academia
Observers
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Insights from Climate Change Asia
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Training on developing bankableclimate change project proposalsis in high demand.
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Building local capacity promotes local knowledge in project ideas and strengthens country ownership.
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Financiers, policies, requirements evolve continuously
Established COP16
2012, Established the GCF Secretariat
2014, Introduced 1st GCF Policies
2015, Gender Policy
2017, Introduced GCF SAP
2019
NOW
FUTURE
• Guidance and Scope for Adaptation• Two-stage approval processes• Enhanced climate rationale• Other policies
2019 and beyond
Continuous Development
2018, Indigenous Peoples Policy
Pipeline
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eligible countries, only…
18 have accessed the GCF Project Preparation Facility
64 have at least one GCF Project
have accessed the GCF Readiness Funds115
154
GAP
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Closing thoughts
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Providers of support also face challenges
Funding
Effective‐ness
• Keeping up‐to‐date• Latest knowledge & Best practices
• Institutional Strengthening
• ImplementationScale‐up
Continuity / Follow‐up
Concept and Project Development Cycle
Frequency & coverage of Asia and the Pacific
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Urgent scaling‐up of climate adaptation is necessary.
Participation of all players at the local level through Direct Access projects is key in scaling‐up climate change mitigation and adaptation
Strengthening institutional and human capacity at the local level is therefore necessary to sustainable climate action
Ensure measures to safeguard livelihoods
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Thank you!
Naoya Tsukamoto, Director
Lyan Villacorta, Senior Programme Officer
Regional Resource Centre for Asia and the Pacific
Asian Institute of Technology
email: [email protected]