Financing  Low  Carbon  Development  in  Rural  India  

Richie  Ahuja  Environmental  Defense  Fund  Fair  Climate  Network  

SUPPORTING  ADAPTATION  WHILE  MITIGATING  CLIMATE  CHANGE  AND  POVERTY  

RESOURCES?  

CLIENTS  Sectors  Farmers  

Individuals  CommuniLes  

 INSTITUTIONS  InternaLonal  NaLonal  

Sub  NaLonal  Local  (NGO’s;  communiLes)  

What  is  the  model  for  Low  Carbon  Rural  Development?  

Interna2onal  Sources  ODA  FDI  FAO  

IFI’s  and  MDB’s  

Domes2c  Budgetary  

allocaLons  for  Development  

 Local  Financial  Inst  

 Climate  Finance  Carbon  Markets  Compliance  &  Voluntary  

 Other  Climate  Finance  –  GCF  

 

How  to  bring  sufficient  capital  for  low  carbon  development?  

What  do  carbon  markets  need  in  order  to  pay  for  miLgaLon?  

•  AddiLonality  •  Permanence  •  AccounLng  for  leakage  •  Monitoring    •  Measurement  •  Transparency    •  CerLficaLon    

Low  carbon  rural  development  

What  would  a  soluLon  for  rural  India  look  like?      

On-­‐farm  ac2vi2es  (Climate-­‐smart  agriculture)  

Community  ac2vi2es  and  infrastructure  

Community  forest  Household    energy  needs  

Capture  demographic  data  

Capture  demographic  data  

Capture  demographic  data  

Develop  baseline  emissions  data  

Delineate  land-­‐holdings  

What  is  the  model  low  carbon  rural  development  in  India?  

•  Nutrient  management  •  Soil  conservaLon  •  Efficient  water  uLlizaLon  •  Integrated  pest  management    •  Community  forest  management  •  Integrated  livestock  management  •  Improved  cook  stove  uLlizaLon  •  IncorporaLon  of  energy  producLon  processes  

Implement  Low  Carbon  PracLces  

Implement  Low  Carbon  PracLces  

Implement  Low  Carbon  PracLces  

Monitor  AcLviLes  and  Emissions  

Monitor  AcLviLes  and  Emissions  

Monitor  AcLviLes  and  Emissions  

The  Value  of  Good  Data  

Project  co-­‐benefits  

•  OZen  reduced  Lme  spent  on  field  •  Reduced  Lme  collecLng  firewood  •  Increased  school  a[endance  or  investment  in  alternate  income-­‐generaLng  acLviLes  

•  Reduced  natural  resource  degradaLon  –  air,  water,  soil  quality  

•  Improved  health  -­‐  fewer  hospital  visits,  decreased  morbidity  

Project  significance  

•  Bo[om  up  •  Verifiable  data  •  First  links  to  carbon  market  from  bo[om  of  pyramid  

•  Scalable      

2011      -­‐    159,760            2012      -­‐    307,600    2013      -­‐    473,300    2014      -­‐    665,800      

Project  ProjecLons  

Thank  you    

rahuja@edf.org