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International Energy and Climate Initiative – Energy+

International Energy and Climate Initiative – Energy+. Hans Olav Ibrekk Policy Director – Energy+. --- The analysis is done ---. Design Principles – Energy+. Country-driven Best-practice technical support for policy reforms Use public funding to enable the business case

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International Energy and Climate Initiative – Energy+

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  1. International Energy and ClimateInitiative – Energy+ Hans Olav Ibrekk Policy Director – Energy+

  2. --- The analysis is done ---

  3. Design Principles – Energy+ • Country-driven • Best-practice technical support for policy reforms • Use public funding to enable the business case • Phased introduction of results-based donor funding • “cash on delivery” • Indicators to measure performance – access and avoided emissions • Use existing programs and institutions to limit transaction costs • Social and environmental standards

  4. Phased Country Approach –Flexibly Applied Readiness Phase National Energy-Climate Strategies or Action Plans Capacity building, Reforms, Support schemes, Investments, MRV Implementation - “Energizing” - Phase Results-based donor funding to Increased Access to Energy and Emission Avoidance Performance Payments Phase

  5. 3rdPhase: Results-BasedFundingonSectorLevel Lower risk Higher reward $$ Incentives • Price based • Quantity based • Fiscal and financial • Voluntary • Carbon tax • Laws & regulation • Etc… Private sector dev. • Competence • Clustering • Demos • Etc… MRV Business opportunities National authorities Local and international companies Energy+ $ $$++ Access Avoided emissions

  6. Private sector - key • Successhingesonseveralfactors • Making markets attractive • Supportingdevelopmentofnational plans • Gathering and disseminatinginformation • Support developmentofframework • Innovative and alternative financingmodels

  7. Energy+ and UNFCCC • Sectoralapproach • SupportedNAMAs • Performancemonitoring – MRV • Green Climate Fund ready • Complicance markets - future • Demonstratethroughbotto-up

  8. The Partnership - Aimed at Serious Results • Designed for those capable of building momentum • Policy • Technical support • Finance • Action and results on the ground • Not only a knowledge-sharing forum • Partners’ offer depends on national/regional setting

  9. Current Partners and the Way Forward • Open to all interested actors • Modalities to be agreed upon • Formalization by Rio+20

  10. Energy+ Technical Working Group • Comprised of representatives of partners • UNEP, World Bank, ADB, UNDP, WRI, KfW, WBCSD, UNF, private sector • Convenor: David Reed, WWF US • Provide an overview and description of the core elements of the Energy+ approach • Nine thematic areas • Role of private sector, incentiveframework, LCDS, policy, regulatory, institutional, three-phaseappraoch, results-basedfunding, MRV, registry, politicaleconomy • Draft report by mid January – final mid February • Coordinationwith SE4ALL

  11. Furtherinformation: Energy+ Team – Ministryof Foreign Affairs, Norway hoi@mfa.no

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