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Conference Climate Finance and Energy Access: Picking the winners . Opening remarks Joy clancy Cstm/igs/green energy initiative. The development agenda. It is about delivery on the ground High on the post 2015 development agenda.
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Conference Climate Finance and Energy Access: Picking the winners Opening remarks Joy clancy Cstm/igs/green energy initiative
The development agenda climate finance & energy access: picking the winners
It is about delivery on the ground High on the post 2015 development agenda. Sustainable energy for all (SE4 ALL): Ensuring universal energy access for modern energy Energy Access climate finance & energy access: picking the winners
Provide regulatory support for scalable and sustainable business and financial models SE4 ALL action agenda climate finance & energy access: picking the winners
The climate agenda climate finance & energy access: picking the winners
Impacts of climate change are growing… climate finance requirements will grow climate finance & energy access: picking the winners
Based on UNFCCC definition: local, national or transnational financing from public, private and alternative sources of financing for large-scale investments required to mitigate and adapt to climate change. Climate Finance - Definition climate finance & energy access: picking the winners
Common but differentiated responsibilities (Sustainable Development) Polluter pays Cost of inaction is higher than early action Attributes: Scalable, reliable, predictable, easy accessibility Transparency in implementation is needed Principles of climate finance UNFCCC climate finance & energy access: picking the winners
The scale of things climate finance & energy access: picking the winners
Cancun 2010. Recognizes that developed country Parties commit, in the context of meaningful mitigation actions and transparency on implementation, to a goal of mobilizing jointly USD 100 billion per year by 2020 to address the needs of developing countries Doha 2012: Invites developed country Parties to submit, by the nineteenth session of the Conference of the Parties, information on their strategies and approaches for mobilizing scaled-up climate finance to USD 100 billion per year by 2020 in the context of meaningful mitigation actions and transparency on implementation; Where’s the differentiated responsibility? climate finance & energy access: picking the winners
CLIMATE FINANCE MEETS ENERGY ACCESS climate finance & energy access: picking the winners
Kyoto Protocol provided limited incentives for the deployment of clean technologies that enabled energy access Nationally Appropriate Mitigation Action (NAMAs) and National Adaptation Programme of Action (NAPAs) are the next instruments. How are energy access activities being considered in existing proposals? Post 2012 and post 2020 CLIMATE AGENDA WHERE’S THE DEVELOPMENT AGENDA?
The business model of the GCF is currently under discussion: Country driven process Which financial modalities should be used? Private Sector Facility Modalities for access funds … Nothing specific yet on energy access but country driven process should highlight this need But it will address ‘gender issues’! the Green Climate Fund climate finance & energy access: picking the winners
National finance mechanisms deliver only marginal and incremental changes How can these be made transformational? Scaling up The puzzle climate finance & energy access: picking the winners
Is enabling energy access a legitimate use of climate finance What are the best examples and models to combine climate finance with energy access? Which lessons can be learnt from the CDM and ODA assistance projects? What should be the role of the private sector in the energy transition? What we want to ask in the conference Picking the winners climate finance & energy access: picking the winners