TAPPING THE KOREAN-FUNDED “EAST ASIA CLIMATE PARTNERSHIP” ASSISTANCE PACKAGE ( ) Dr. Graciano P. Yumul, Jr DOST 13 April 2009

BALI ACTION PLAN FOUR PILLARS 1.Mitigation 2.Adaptation 3.Technology Transfer 4.Financing

AGREEMENTS, ASPIRATIONS, CONTENTIOUS ISSUES, ACRIMONIUS NEGOTIATIONS 1. MITIGATION Annex I countries to reduce GHG Measurable, reportable, verifiable (MRV) protocol / fund available Medium developing countries guilty 2. ADAPTATION Non-Annex I countries most vulnerable Adaptation Fund must be made available UNFCCC and KP agreements must be followed

AGREEMENTS, ASPIRATIONS, CONTENTIOUS ISSUES, ACRIMONIUS NEGOTIATIONS 3. TECHNOLOGY TRANSFER Appropriate and at what cost? I.P. Bringing in PPP – when and how? 4. FINANCING CDM not fully applicable No singular risk transfer scheme Who funds what and how? Recipient ready?

AGREEMENTS, ASPIRATIONS, CONTENTIOUS ISSUES, ACRIMONIUS NEGOTIATIONS OTHER ISSUES: Annex I to Non-Annex I - we will only reduce if you reduce - we will only fund if you have National Action Plans - we are as much affected as you Non-Annex I to Annex I - you created this problem, pay for it - no conditions for funding - a voice in decision making

KOREA INTERNATIONAL COOPERATION AGENCY THREE TYPES OF KOREA’S ODA 1.Bilateral grants 2.Bilateral loans 3.Multilateral assistance BILATERAL GRANTS 1.Grant aid 2.Technical cooperation (KOICA, 2009) Implementing Organization: KOICA Authorities Concerned: Ministry of Foreign Affairs & Trade (MoFAT)

KOICA CLIMATE CHANGE PROGRAM OVERVIEW Suitable development approaches are urgent and adaptation should be mainstreamed into development assistance; Focused is on neighboring region “East Asia Climate Partnership” was launched to address climate-related issue and SD in the region (KOICA, 2009)

KOICA CLIMATE CHANGE PROGRAM STRATEGY US $200 Million assistance package ( ) Embassy recommends, MoFAT & KOICA agree, KOICA implements Aid themes: Education, health, governance, rural development, ICT, industry and energy, environment and gender, disaster relief & reconstruction, MDGs, climate change (KOICA, 2009)

KOICA CLIMATE CHANGE PROGRAM VISION Reduce carbon emission without stiffling economic growth Move towards low carbon society Set a milestone for green growth (KOICA, 2009)

KOICA CLIMATE CHANGE PROGRAM Identify an “East Asian Low Carbon Development Path” leading to a synergy between climate and the economy Raise awareness re – climate change and build capacity for combating its impact Contribute to solving climate change issue and achieving the MDGs (KOICA, 2009) OBJECTIVES: EAST ASIA CLIMATE PARTNERSHIP

KOICA CLIMATE CHANGE PROGRAM APPROACHES Selection of the best-suited theme and scheme to maximize effectiveness and efficiency of the assistance program Pilot projects in renewable energy will be implemented New technology will be disseminated Regional adaptation strategies will be applied for awareness – raising and capacity building Framework for energy policy consultations and financial support will be established (KOICA, 2009)

EAST ASIA CLIMATE FORUM May 29, 2009, Seoul Korea Ministerial-level Virtuous circle of energy efficiency, climate action and economic growth Seoul Roadmap for Low Carbon Green Growth of East Asia Announced in the G8 extended Summit in July 2008

MEETING WITH KOICA SEOUL AND KOICA PHILIPPINES POSSIBLE THEMES Industry and energy Rural development (Agriculture) Environment and Disaster management Climate change

DOST MAY 16, 2009 WRITE-SHOP Program proposal for KOICA Program proposal for ASEAN COST Program proposal that will link mitigation (industry & energy, agriculture) with that of adaptation (environment and disaster management) in the context of capacity building, technology transfer and financing (climate change)

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