1. GEF Focal Area & Cross Cutting Strategies Climate Change Mitigation benoit.lebot@undp.org GEF Expanded Constituency Workshop Central Africa Constituency 15-17 February, 2011 Hotel Memling, Kinshasa, DRC

2. 2 Can we avoid Climate Change? NO Can we reduce Climate Change? YES

3. The International Context encourages climate change mitigation activities The Cancun COP 16 confirms the target of maintaining global warming below 2°C Each country to develop National Appropriate Mitigation Actions (NAMAs) The price of conventional energy is high & will continue to rise Role of deforestation understood & accepted

4. 18% 1% 8% 14% 59% World Greenhouse Gas Emissions CH 4 N2ON2O F Gas CO 2 From Combustion CO 2 From LUCF

5. 64% 0% 11% 20% 5% Mainstreaming CCRM into UNDP Core Activities- RBA RR Cluster Meeting Greenhouse gas emissions in Sub-Sahara countries CH 4 N2ON2O F Gas CO 2 From LUCF

6. Source: IPCC AR4, Synthesis Report (shares are for 2004)

7. All sectors & regions have the potential to contribute Note: estimates don’t include non-technical options such as lifestyle changes

8. 1 2 3 4 Trend in Green House Gases Low Carbon Path Behavior & Waste Efficiency Renewable Energy REDD & Sequestration

9. The goal of GEF Climate Change Mitigation is to support countries toward a low-carbon development path Promote low-carbon technologies Promote energy efficiency Promote renewable energy Low-carbon urban transport Sustainable management land-use change, & forestry (LULUCF) Enabling Activities & Capacity Building

10. GEF 5 promotes low-carbon technologies 1.Technologies demonstrated, deployed & transferred 2. Enabling policy environment and mechanisms Prevision $300 M (out of $1 350 M GEF 5)

11. GEF 5 promotes energy efficiency 1. Policy, legal and regulatory frameworks 2. Sustainable financing mechanisms Prevision $260 M (out of $1 350 M GEF 5)

12. GEF 5 promotes renewable energy 1. Policy and regulatory frameworks 2. Increased investment in RE technologies Prevision $320 M (out of $1 350 M GEF 5)

13. GEF 5 promotes sustainable urban transport 1.Legal and regulatory frameworks 2.Increased investment in sustainable transport Prevision $250 M (out of $1 350 M GEF 5)

14. GEF 5 promotes the Conservation & enhancement of carbon stocks through LULUCF 1. Good management practices in LULUCF 2. Restoration and enhancement of carbon stocks in forests and non-forest lands (peatlands) Prevision $50 M (out of $1 350 M GEF 5)

15. GEF 5 supports enabling activities & capacity building 1.National Communications and Other Obligations under the UNFCCC 2.Countries can also receive support for vulnerability & adaptation assessments, capacity building, and technology needs assessments Prevision $50 M (out of $1 350 M GEF 5)

16. GEF CC Mitigation & Carbon Finance (i)capacity building to help create enabling legal & regulatory environments; (ii)support of programmatic carbon finance & other activities under the post-2012 climate regime; (iii)demonstration of technical and financial viabilities of technologies; (iv)partial risk guarantees and contingent financing for carbon finance projects; and (v)co-financing of innovative projects, with credits to be retained in the recipient country for further project replication.

17. Features of GEF & CDM GEFCDM MandateFinancial mechanism of UNFCCC Market-based mechanism of KP ObjectiveTo transform the markets toward less-carbon-intensive paths To meet emissions targets for developed countries and provide finances resources and technology for developing countries StrategyBarrier removal; long-term; catalytic Project based; focusing on direct emissions reduction ModalityUpfront grant or concessional financing for agreed incremental costs Payment on delivery of emissions reduction (to improve project revenue streams) Project type Preventive measures to reduce/avoid CO2; primarily RE, EE, and transport projects End-of-pipe fixes to capture/decompose gases of high GWP (HFC, CH4); relatively few RE, EE, transport projects M&VEx ante estimate; weak traceability; self-reporting Rigorous methodology; quantified, monitored, verified, and certified

18. What GEF has supported GEF creates enabling legal, regulatory environment; CF supports specific projects. GEF demonstrates technical and financial viability; CF replicates. GEF provides partial risk guarantees; CF participates in project financing. GEF provides funding from non-CC focal areas; CF project earns credits from reduced/avoided emissions. What GEF has shied away from o Creation and operation of DNAs o CDM methodology development o PIN/PDD development o CDM project verification and certification o (Co-)Financing projects that earn CERs “Rule of Thumb” in the Past GEF & CDM: “Rule of Thumb” in the Past

19. Climate Change Mitigation under GEF 5 Focal Area Allocation $1,360 million Under STAR$1,088 million Contribution to Sustainable Forest Management$100 million.

20. As Climate Changes, Can We? Kofi Annan, UN SG Wednesday, November 8, 2006

21. A

22. Thank you for your kind attention benoit.lebot@undp.orgbenoit.lebot@undp.org