1 / 9

Carbon Finance Meeting

Join us at the Carbon Finance Meeting in Washington, DC on Nov. 15, 2010 to discuss GEF's engagement in carbon markets and explore new options under GEF-5. Identify potential projects and develop a common understanding of GEF's involvement in carbon finance. Contact Dr. Robert Dixon, Leader of the Climate and Chemicals Team, at rdixon1@thegef.org for more information.

hyan
Download Presentation

Carbon Finance Meeting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Carbon Finance Meeting Washington DC., Nov 15, 2010

  2. Context of the Meeting • The GEF can play a useful and growing role in emerging and developing carbon markets • GEF’s engagement with carbon finance has been sporadic. • New options will be explored under GEF-5 given Council guidance approval of Programming Document.

  3. Meeting Goal • To exchange information and develop a common understanding of GEF’s role in the carbon markets Objectives • To take stock of the GEF’s engagement in carbon finance • To explore options under GEF-5 to expand the work with carbon finance • To develop a common understanding between GEF Secretariat, Agencies, Council and other key stakeholders on the options available under GEF-5.

  4. Prior Experience • GEF has engaged in projects with carbon finance components, for example: • India / Philippines / Indonesia Chiller Energy Efficiency Project – WB • Indonesia Geothermal Power Generation Development Program - WB • Kyrgyzstan Small Hydro Power (SHP) Development – UNDP • Colombia Mechanism for voluntary mitigation of greenhouse gas emissions - IDB

  5. In the Future • How to develop GEF’s engagement in the carbon markets ? • What are GEF’s added-value and comparative advantage in the context of carbon finance ? • What should be the boundaries to GEF’s intervention in this area ?

  6. GEF’s added value in carbon finance could : • Mitigate perceived risks to realize untapped opportunities • Promote innovative technologies and business models • Nurture new markets

  7. GEF’s added value in carbon finance will not : • Take all the risks resulting from uncertainty of transactions, markets, and climate negotiations • Cover all transactions costs, including project documentation and development of methodology

  8. Meeting Deliverables • Brainstorm new ideas and develop a common understanding on GEF’s involvement in carbon finance under GEF-5 • Identify potential GEF carbon finance projects - Using STAR funding or potentially Focal Area Set-Aside funding • Identify challenges and opportunities

  9. Thank You! Dr. Robert Dixon Leader, Climate and Chemicals Team Email: rdixon1@thegef.org Tel:1-202-473-2340 Website: www.TheGEF.org

More Related