Climate Action in Development
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The document discusses the EU's response to climate action in development. It outlines the EU's support for climate mainstreaming, adaptation, resilience building, and renewable energy across all sectors. It discusses the pillars of EU cooperation, which include political partnerships, joint declarations, capacity building initiatives, and blending facilities to mobilize investment. Key areas of focus are implementation of the Paris Agreement and 2030 Agenda, as well as initiatives in areas like the Africa Renewable Energy Initiative, sustainable energy access, disaster risk reduction, and green economy programs.
Climate Action in Development
- 1. Climate Action in Development Karine GENTY, Deputy Head of Unit for Sustainable Energy and Climate Change European Commission Directorate-General for International Cooperation and Development
- 2. Global Vision Inequalities and poverty are exacerbated by climate change effects - link to security, conflict and migration UN 2030 Agenda for Sustainable Development Paris Agreement on climate change - 2015 G7 and G20 energy, climate and development groups SDG 7: universal access to affordable, reliable, sustainable and modern energy by 2030 SDG 13: Take urgent action to combat climate change and its impacts
- 3. EU Response Support to climate action spans over all sectors - climate change mainstreaming Particular focus on adaptation, resilience, disaster risk reduction and renewable energy Implementation of 2030 Agenda, Paris Agreement and Energy Union - link Nationally Determined Contributions (NDCs) and development strategies Council Decision on Climate and Energy 2014 Council Conclusions on Energy Diplomacy 2015, Energy and Development 2016 Council Conclusions on climate change 2016 Proposal for a new European Consensus for Development 2016 Council Conclusions on Implementing the EU Global Strategy - EU climate and energy diplomacies 2017
- 4. Pillars of cooperation Political ownership, partnerships 21 Joint Declarations on renewable energy Africa Renewable Energy Initiative (AREI) Africa-EU Energy Partnership National/Regional Indicative Programmes 2014- 2020 Covenant of Mayors for Sub-Saharan Africa Paris Agreement and 2030 Agenda implementation (mainstreaming, GCCA+, EUROCLIMA+) Capacity building Technical Assistance Facility (TAF) to SE4ALL Global Climate Change Alliance (GCCA+) Green Economy (Switch to Green, REDD+, FLEGT) Investments Blending facilities ElectriFI, AgriFI
- 5. Mainstreaming climate change 2030 Agenda for Sustainable Development, AAAA, Paris Agreement, Sendai Framework on DRR 2015-2020, New Urban Agenda Linkages between SDGs and NDCs implementation Proposal for a New European Consensus on Development Climate change cross-cutting (People, Planet, Prosperity, Peace, Partnerships) 20% general EU 2014-2020 budget should be spent on climate action
- 6. EU Flagship initiative for development and climate action Focus on LDCs and SIDs The GCCA+ Local Climate Adaptive Living Facility (LoCAL) focus on local governments including capacity building to access climate funds Other related EU financed activities: UNDP LECB and NAMA Facility The Global Climate Change Alliance + http://www.gcca.eu/
- 7. Implementation of the EU Action Plan on Sendai Framework on DRR 2015-2020 ACP-EU Natural Disaster Risk Reduction program together with the GFDRR/WB (EUR 105.5 million until 2020) Local level: resilience in 24 cities together with UNISDR and UN-HABITAT (EUR 7.5 million until 2020) Disaster Risk Reduction (DRR)
- 8. Develop enabling frameworks that ensure coherence between economic and environment policies Improve MSMES business performance and compliance with ENV standards Sustainable consumption patterns Improve access to finance for MSMEs in green projects DEVCO cooperation on green economy • SWITCH regional programmes (Asia, Mediterranean, Africa): focus on the private sector; capacity building, awareness and networking activities; finances partnerships between EU and third countries organisations • Partnership for Action on Green Economy (PAGE) and Green Economy Coalition (GEC): support policy development through technical assistance, stakeholders dialogue and capacity building http://www.switchtogreen.eu
- 9. Main DEVCO relevant policies: FLEGT Action Plan Deforestation agenda – sustainable supply chains Climate Change mitigation and adaptation Biodiversity Forests contribution to SDGs & policy priorities Energy: Fuelwood Sustainable energy for all EU renewable Directive (PCD) Resilience: Water cycle Disaster Risk Reduction Livelihood for 1.1 bn people
- 10. Core targets: energy sector Contribute to energy access for 500 million people by 2030 EUR 3.7 bn allocated to sustainable energy for 2014-2020 aiming at enabling access to 40 million people via 6.5 GW of renewable energy, saving 15 million tCO2e/year EUR 2.7 bn in Sub-Saharan Africa aiming at enabling access to 30 million people via 5 GW of renewable energy, saving 11 million tCO2e/year by 2020
- 11. Africa Renewable Energy Initiative (AREI) EU strongly supports AREI objectives, guiding principles and criteria EU commitment: EUR 1.5 billion to support 5GW of new renewable energy by 2020 (half AREI objective by 2020) Enhanced cooperation through existing instruments: Ensuring country ownership and local development 19 AREI projects Expected generation capacity: 1.7 GW Indicative EU contribution: €300 million Potential investment: €4.8 billion Guinea, Nigeria, Benin, Niger, Chad, Rwanda, Ethiopia, Tanzania and regional (Central Africa, Indian Ocean Islands)
- 12. 3 billion people cook and heat their homes using open fires and simple stoves burning biomass (wood, animal dung and crop waste) and coal. Over 4 million people die prematurely from illness attributable to the household air pollution from cooking with solid fuels (WHO, 2016). Energy: facts & figures 1.2 billion people without access to electricity (IEA, 2016) Energy poverty Energy financing Annual requirement for the period from 2010 to 2030 to achieve the universal access to modern energy services and doubling the share of renewable energy in the global mix : • $50 billion for energy access (current spending is $9 billion) • $442-650 billion for renewable energy (current baseline of $258 billion). $560 billion for energy efficiency (current spending is $130 billion). (SE4All Advisory Board’s Finance Committee Report on Scaling Up Finance for Sustainable Energy Investments, 2015) Climate change
- 13. Technical Assistance Facility Covers all partner countries, provides high quality expertise and support in terms of: policy advice capacity building identification of projects mobilisation of funding technology transfer Supports crucial regulatory and policy reforms in partner countries' energy sectors Assists in the fine-tuning of policies to create a conducive environment for private sector investments
- 15. The blending facilities – Africa focus Africa focus 15 EU Contribution EUR 1.0BN (EU-ITF EUR 0.7BN – AfIF EUR 0.3BN) 112 PROJECTS (EU-ITF 96 – AfIF 16) EFIs financing EUR 3.8BN (EU-ITF EUR 3.1BN – AfIF EUR 0.7BN) Leverage: 3.8/1 Total investment EUR 11.9BN (EU-ITF EUR 9.6BN – AfIF EUR 3.3BN) Leverage: 11.9/1 The EU contribution to 60 energy projects amounted at EUR 525 mil
- 16. Investment facility to increase access to renewable energy (mainly decentralised) with the private sector sharing high-risk in projects business plan with loans. Ticket size: min. EUR 500k - max. EUR 10mln (Small- to medium-scale) Product range: Equity, Quasi-equity, Debt and Development Finance 2016 1st Call > 290 applications received 19 applications pre-selected (1 rejected, 5 cancelled, 4 preparing for Clearance in Principle, 2 approved - Haiti, India) 2017 2nd Call > 155 applications received evaluation is ongoing (65 project host countries, business models - IPP (state or municipal off-taker), Utility (Mini-/Micro-/Nano-Grids), SHS, Captive Power - Private off-taker, Mobile power unit, telco tower) The blending facilities ElectriFI-FMO www.electrifi.eu
- 18. ElectriFI-FMO 2nd Call Top Countries India 13 Nigeria 12 Madagascar 11 Multi (Africa) 11 Tanzania 10 Uganda 7 Zambia/Kenya 6 Rwanda/Benin 5 Top Business Models IPP (state or municipal off-taker) 47 Utility (Mini- / Micro- / Nano-Grids) 43 Equipment (Distribution of SHS) 29 Other services 19 Power (Captive Power - Private off-taker) 14 Mobile Power unit 2 Telco towers 1 Generation Capacity(unverified figure) Proposed total installed MW in DC - as presented in the applications 3.806 MW Proposed installed MW in DC per average applicant (82) - as presented in the applications 46,41 Proposed installed MW in AC - as expressed in the applications 3.227 Proposed installed MW in AC per average applicant (92) - as presented in the applications 35,08
- 19. E I P Technical assistance • To help developing bankable projects which could be financed under pillar 1 • To support activities aimed at enhancing business climate under pillar 3 2 Enhanced Investment Climate • Political and policy dialogue for economic reforms • Support legal, institutional and regulatory frameworks • Engaging with the private sector 3 European Fund for Sustainable Development (EFSD) Mobilising investments and improving access to finance EFSD Guarantee Fund (especially for the private sector – EFSD Guarantee) Regional Investment Platforms (Africa and the EU Neighbourhood) 1 19 One-stop-shop / web portal External Investment Plan 3 Pillars Structure
- 20. 20 Renewable energy high level business events High level Roundtable on renewable energy investments in Africa, Brussels, 24 April 2017 1 Renewable Energy Investments Opportunities in Africa, Rome, 27 April 2017 2 High level panel on Africa renewable energy initiative, Brussels, 8 June 2017 3 Green economy forum, Conakry, October 2017 4 EU-Africa summit, Abidjan, 28 November 2017 5