24 th June 2013

1. Challenges and barriers on Accessing Adaptation Financing. Sergi Bosque Garcia. 24th June 2013 A new climate for change

2. Challenges and barriers on Accessing Adaptation Financing A new climate for change Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do?

3. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Knowledge as a technical barrier • 1.1 The Vulnerability Assessment (VA) and the Cost-Benefit Analysis (CBA) as adaptation tools for decision-making. • The use and application of the adaptation tools require high expertise that DMCs government staff may not have. • The outcomes provided by the adaptation tools could be a starting point to seek for adaptation financing. • These tools are based on methodologies that are in continuous improvement. • The climate change adaptation is a field that needs still a lot of research and investigation to do. • VA and CBA might answer some of the following questions: • How much is need to invest in new technologies to adapt to future climate parameters variations? • Which sectors/assets are the most vulnerable? • How much it cost to prevent a likely natural disaster? • Which adaptation measures should be prioritize?

4. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Knowledge as a technical barrier Un nuevo clima para el cambio • 1.2 VA case-study: “Energy utility vulnerability assessment ” • Development of CLI-MATE (Climate Adaptation for Energy), a tool to assess generation and distribution facilities through bottom-up approach in order to evaluate the electricity companies’ adaptation to climate change. This tool is coherent with existing methodologies such as DEFRA and IPCC’s principles. • Step 1. Data collection • Step 2. Risk assessment

5. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Knowledge as a technical barrier Un nuevo clima para el cambio 1.2 VA case-study: “Energy utility vulnerability assessment ” • Step 3. Adaptation Capacity • Step 4. Vulnerability Assessment • Step 5. Results and Adaptation to climate change

6. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Knowledge as a technical barrier • 1.3 CBA case-study: “Economics of Climate Change Adaptation Application” • Assessment of the expected loss: • Economic assessment:

7. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Knowledge as a technical barrier • 1.3 CBA case-study: “Economics of Climate Change Adaptation Application” Source: Economics of Climate Adaptation Working Group, Shaping Climate-resilient development a framework for decision-making, 2009.

8. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Financing criteria as a challenge • 2.1 How to face the MDB’s technical proposals submission stage. • The DMC used to have a lack of the expertise and human resources to prepare the complex proposals that adaptation funds require.

9. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Financing criteria as a challenge 2.2 The climate finance flow is not balanced: Mitigation >Adaptation (USD billions)

10. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Key strategies to access climate finance Un nuevo clima para el cambio 3.1 Challenges to secure public and private funds:

11. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Key strategies to access climate finance Un nuevo clima para el cambio • 3.2 Challenges to access Public funding: • According to UNEP, there are 7 criteria for fundamental proposal eligibility: 1 2 3 4 5 6 7

12. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Key strategies to access climate finance Un nuevo clima para el cambio • 3.3 Challenges to access Private funding: 1 2 3 4

13. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Key strategies to access climate finance Un nuevo clima para el cambio • 3.4 Enabling the adaption financing: Key strategies to access adaptation finance

14. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Factor CO2: What we do? • International consulting firm specialized in advising governments, organizations and private companies in the field of climate change. • Factor CO2 works closely with MDBs (ADB, IADB, EBRD, WB), international agencies (IRENA), and UN agencies (UNDP, UNEP).

15. Knowledge as a technical barrier Financing criteria as a challenge Key strategies to access climate finance Factor CO2: What we do? Factor CO2: What we do? Projects Offices

16. Contact details: Sergi Bosque Garcia Consultant Email: sbosque@factorco2.com Tel: +66 (0) 800 58 29 88 www.factorco2.com