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Leveraging Private Investments b y Public Climate Finance. A Global Forum on Climate Change Finance, Dec 2013. Trends and scales of international climate finance: some comparisons. 133.5bn. 100 bn. Source: OECD. Climate Finance SOURCES. BILATERAL as part of ODA. MULTILATERAL
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Leveraging Private Investments by Public Climate Finance A Global Forum on Climate Change Finance, Dec 2013
Trends and scales of international climate finance:some comparisons 133.5bn 100 bn Source: OECD
Climate Finance SOURCES BILATERAL as part of ODA MULTILATERAL World Bank, ADB etc DOMESTIC ALLOCATIONS within the context of UNFCCC PRIVATE DEVELOPING COUNTRIES Source: LidyNacpil, 2012
Climate Finance Flows Source: CPI
Leveraging Private Investments • Green Credit on the Rise + Export Credit Support Green Bond (for low-carbon & eco-friendly projects) Eligible Financing Sectors Fuel Cell, Hydrogen Energy, etc. New Energy • Green Credit by Sector CAGR: +43.4% Solar PV, Solar Thermal, Wind, Geothermal, Biomass, Biofuel, Hydro, Tidal, Wave, Waste Energy, etc. Renewable Energy Water Supply, Water Sanitation, Waste Treatment, etc. Mitigation LED, Smart Grid, HEV battery, etc. High-Tech Energy Efficiency
Leveraging Private Investments • (Guarantee) KEXIMintroduced Guarantee Program with EDCF to catalyze for private financing by mitigating critical government performance risks in developing countries. Indemnity Agreement Guarantee Agreement Project Approval Loan
Leveraging Private Investments • (Encouraging PPP scheme) In order to finance big infrastructure in collaboration with private investors, KEXIM tries to develop PPP financing scheme with EDCF. Subsidies/Equity Loan or Equity
Target Financing for Climate Change Pillars Policy Action Sectors Main Responsible Ministries Mitigation 1) Energy (Renewable Energy and Energy Efficiency) MONRE MOIT ClimateChangerelated strategies, policies, etc. 2) Transportation and Construction MOT, MOC, MOIT 3) Forestry and Agriculture MARD 4) Waste Disposal MOC 5) CDM Related ministries Adaptation 6) Water MOC etc 7) Integrated Coastal Management MARD etc 8) Disaster Prevention MARD MARD, BCA etc 9) Forestry, Biodiversity and Agriculture 10) Transportation and Construction MOT, MOC 11) Health Care MOH Cross- Cutting 12) Assessment, Monitoring & Evaluation MOST 13) Financial Mechanism MOF, MPI 14) Mainstreaming CC issues to development planning and Program Management of NTP-RCC and SP-RCC MPI 15) Awareness Raising and Human Resource Development MOET 10 Ministries and agencies 35 Depts all together ! To build up overall capacity for climate change actions in cross sectors in the Government of Vietnam
Under the “Low Carbon, Green Growth” strategy,the proportion of Green ODA projects of KEXIM(EDCF) was maintained over than 30% in 2012. Green Growth 1. Introduction to EDCF 3 EDCF Policy Focus in 2012 Interest Discount by 0.05%~0.5%p in Green Growth such as Renewable energy, Energy efficiency, etc
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