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DFID Meeting with NGOs Jos Wheatley

DFID Meeting with NGOs Jos Wheatley. 14/04/08. Cost effective trajectory (global on 1990) 50% in 2050. Cost/benefit of reducing emissions. Allocation of effort. Goal. Scientific evidence IPCC Can  over time. Policies and measures – carbon market and additional finance mechanisms.

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DFID Meeting with NGOs Jos Wheatley

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  1. DFID Meeting with NGOsJos Wheatley 14/04/08

  2. Cost effective trajectory (global on 1990) 50% in 2050 Cost/benefit of reducing emissions Allocation of effort Goal Scientific evidence IPCC Can  over time Policies and measures – carbon market and additional finance mechanisms Adaptation response Long term goal and the big picture New evidence climate cost/benefit  revised at next commitment

  3. DFID input to Long term goal Role: support development/realisation of UK position Strategy: support analysis & dialogue on development perspective draw in outside expertise (MDB, academics) capacity building communicate / build alliances Inputs: support analysis of costs/benefits narrow estimate (CBA; GLOCAF, adaptation costs) cost effective trajectories; intermediary targets stimulate research

  4. DFID input to Allocation Role: support development/realisation of UK position Strategy: support analysis & dialogue on development perspective draw in outside expertise (MDB, academics) capacity building communicate / build alliances Inputs: explore economic implications of different allocation metrics to encourage an equitable outcome. implications of different allocation approaches (GLOCAF) assessment of implications of alternative (non-cap‘n’trade) approaches identify trade offs (displacing mit to ada costs).

  5. LICs $ $ Project Based CDM Programmatic CDM $ Goal & Allocation SD-PAMs? GLOBAL CARBON MARKET $ $ Sectoral Trading Sectoral Crediting $ MICs

  6. DFID input to Mex Role: support development realisation of UK/EU position Strategy: support analysis & dialogue on development perspective • draw in outside expertise (MDB, academics) • capacity building • communicate / build alliances Inputs: make economic case for CDM expansion and rules reform • effectiveness, efficiency and transition for MICs (rules and inputs) • access for LICs (rules and inputs) • rationale for sector expansion (forestry) • identify trade offs (supporting development relative to abatement)

  7. Finance Role of MDBs? Significant flows of carbon finance from developed to developing countries Lack of finance for low carbon development. ‘Adaptation’ finance insufficient and effective. Multi-donor finance for low carbon and climate resilient development. Carbon market reformed to expand reach and impact. Past Present Future Additional finance tops up aid to support climate resilient development Taxation? Hypothecation? Issue bonds? 0.7%?

  8. Capacity building Stage 2: Deepened understanding: National Implications and opportunities of a deal Stage 1: Basic understanding: process and broad implications • Medium/long term initiatives • Aimed at increasing depth/ breadth of understanding • Building up regional/national institutions to act as “hubs” • 1st phase MICs / 2nd Phase LICs • Short term initiatives • Aimed at filling immediate capacity “gaps” • Linking current expertise to recipients • Primarily aimed at LICs Full capacity to engage and shape climate change frameworks and their delivery mechanisms Stage 3: Compliance and Implementation understanding • Long term initiative • Aimed at assisting countries to respond: integration/ planning/ future commitment phases • UN/Regional provider

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