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Yannick Glemarec UN Multi-Donor Trust Funds

Institutional Innovations to Address Global Environmental Issues: What has worked and what could work?. Yannick Glemarec UN Multi-Donor Trust Funds. Financing Needs for Environment and Climate far exceed current levels of Official Development and Climate Finance.

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Yannick Glemarec UN Multi-Donor Trust Funds

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  1. Institutional Innovations to Address Global Environmental Issues: What has worked and what could work? YannickGlemarecUN Multi-Donor Trust Funds

  2. Financing Needs for Environment and Climate far exceed current levels of Official Development and Climate Finance UNDP: Human Development Report 2011/12

  3. Global investment in clean energy Source: Bloomberg New Energy Finance (2013)

  4. Accelerating Investment and Transformative Change Source: YannickGlemarec, 2011

  5. Climate Change Finance: Sources, Agents and Channels Source: Adapted by Yannick Glemarec from Atteridge and others (2009)

  6. Technical Sector Working Groups Participating Organizations (PO) Steering Committee Technical Secretariat Initiatives and develops programmes, implements, and monitors and reports on progress in partnership with government counterparts and other implementing partners Undertakes sector level programme and financial prioritization, monitoring and reporting in partnership with government counterparts and sector partners Pooled Funding Mechanism Disbursement Request & Reporting Provides strategic direction and oversight. Establishes policy, operational guidance, allocation criteria, and approves programmes. Contributor 1 Contributor 1 Provides day-to-day quality assurance and operational support including coordination, programme development and assessment, M&E, reporting, visibility, etc Transfer of contributions Contributor 1 Fund Administrator Contributor 1 Fund Transfer & Reporting PO takes fully accountability for funds received including supplies/contractors Audit [UN IAS Framework for Auditing MDTFs] Implementation Partners Ministries I/NGOs PrivateSector Other

  7. What Could Work: Market Transformation Approaches & Pooled Funding International Public Finance (Global Vertical Funds) International Public/ Private Finance (Carbon Markets) Policy & Financial De-risking Performance-based Payments Scaled-up Mitigation Actions Leveraged Private Financial Flows = + X Tax Credits Carbon Offsets Domestic Public Finance (National Climate Funds) Public/Private Finance (Tariff premium)

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