1. European Commission DG Development Implications of recent policy developments on DG Development climate change activities Post Copenhagen Practical consequences for Europe Tuesday March 23th, 2010 Résidence Palace, Brussels Walter Kennes DG Development Head of Sector Environment and Natural Resources

2. European Commission DG Development Implications of Copenhagen Accord (CA)  Initial disappointment is replaced by recognition of positive elements of the CA  Positive elements include:  Special attention for LDCs, SIDS and Africa  Adaptation funding prioritised to the most vulnerable  Importance of fast start funding ($ 10 bn per year for 2010-12 including €2.4 for EU)  Importance of REDD+  Reference to innovative financing

3. European Commission DG Development Opportunities offered by Lisbon Treaty  No fundamental difference for climate and development policies, that reflect a mixed competence  Development policy is not subordinated to other policies  Important practical differences because of the EEAS (many details to be worked out, like programming task)  Delegations are now of the EU

4. European Commission DG Development Options for strengthening the EU’s impact at programming level  EU to speak and act more with one voice (more difficult with 27 than with 15)  Exploit economies of scale in delivery of support  Apply the principles of aid effectiveness and division of labour  Simplify/streamline programme implementation

5. European Commission DG Development Global Energy Efficiency and Renewable Energy Fund (GEEREF)  Fund of funds to provide global risk capital through private investment for energy efficiency and renewable energy projects in developing countries  Resources provided on ENRTP budget as well as by Germany and Norway  Priority to channel to small projects (wind, hydro, solar, geothermal, biomass)  Technical support facilty created for training and support activities  During 2009 two participations signed: India and other Asian countries (€12.5 m) and South Africa (€10 m)  GEEREF team at the European Investment Fund

6. European Commission DG Development The Global Climate Change Alliance Two pillars:  Promote political dialogue on climate change between the EU and most vulnerable and poor developing countries partners: we share the same interest = build alliances towards an ambitious international climate agreement  Enhance financial cooperation in pilot countries in the area of climate change

7. European Commission DG Development PROGRESS in dialogue  Joint declarations on Climate Change approved between the EU and various regions most vulnerable to climate change:  Africa, Caribbean, Pacific respectively in 2008  ACP group in 2009  Asian LDCs/SIDS foreseen in May 2010  Promote converging of visions on climate policy and joint work  High level dialogues foreseen during 2010 up to Cancun in December 2010 GCCA

8. European Commission DG Development GCCA Ongoing Financial COOPERATION  Support LDCs & SIDS: 95 M€ for 20 countries for:  Support adaptation to CC in main sectors (agriculture, water, etc)  Support pilots on deforestation (REDD)  Increase capacity for a better access to CDM  Disaster risk reduction  Integration of CC in development strategies  Support regional approaches: 40 M€ for ACP to increase capacity of reg institutions in the identified priorities

9. European Commission DG Development Thank you for your attention