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COOK ISLANDS NAMA Presentation November 2013, Warsaw.

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Presentation on theme: "COOK ISLANDS NAMA Presentation November 2013, Warsaw."— Presentation transcript:

1 COOK ISLANDS NAMA Presentation November 2013, Warsaw

2 50% of islands (inhabited) powered by renewable energy means by 2015. 100% of islands (inhabited) powered by renewable energy means by 2020. Government Policy

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4 Influencing Indicators Economical Climate Change Costly Maintenance of Diesel Generators. Quality of Power Supply. Cost of Doing Business. Government Subsidy. Supply of Diesel (Outer Islands). Volatile Nature of Diesel Prices. Household Energy Budget. Costly Maintenance of Diesel Generators. Quality of Power Supply. Cost of Doing Business. Government Subsidy. Supply of Diesel (Outer Islands). Volatile Nature of Diesel Prices. Household Energy Budget. International Obligations Mitigation Action (reducing carbon emission) Resilient Community International Obligations Mitigation Action (reducing carbon emission) Resilient Community

5 NAMA Description of NAMA The Cook Islands Government (CIG) has set a policy goal for 100% renewable electricity by 2020 with a phased-in implementation plan that achieves 50% by 2015. (The level was estimated to be 6% at the end of 2011, ~300 kW out of ~5 MW.) This NAMA sets out the support requirements beyond that which has already been secured from international sources. Sector Energy Supply Forestry Industry Agriculture Buildings Waste Transportation

6 Type of action(s) in this NAMA National/Sector Goal Strategy National/Sector Policy or Programme Project (or programme of projects): Investment in equipment Project (or programme of projects): Investment in infrastructure Other Cont…

7 12 Islands 14 Power Stations Centralized Mini Grid Systems Diesel Generator Back Up Battery Banks Reticulation Upgrade Power House Remote Monitoring Systems Capacity Development

8 Institutional Set Up PRIME MINISTER OEC REDD – OPM (NAMA Editor) CCCI – OPM (NAMA Approver) MFAI (UNFCCC Focal Point) INDIVIDUAL ISLAND COUNCILS CIIC (Asset Owners) MFEM – DCD (Gatekeepers)

9 CONT… PRIVATE SECTOR POWER UTILITY (SOE) NEC (Inactive at the moment)

10 Pre-Implementation Phase  Capacity Building: Human capital: Systemic: Finance: NZ$200,000 for trades training programme: NZ$ 50,000 per annum for policy assistance for new legal and regulatory frameworks: NZ$ 150,000

11 Implementation Phase  Finance: o Grant o Concessional loan o Loan (sovereign) o Guarantee o Debt swap o Foreign Direct Investment (FDI) – Equity o Foreign Direct Investment (FDI – Debt (Loan) o Carbon finance o Other

12 Implementation Phase  Technological: Mature Proven Economic energy technologies.

13 Type Technology(ies) Bioenergy Energy Efficiency Solar Energy Wind Energy

14 Mitigation Benefits

15 MRV NSDP Business Plans (Outputs & Outcomes) Periodic Reporting Requirements (management) Project Milestones Technology performance Carbon Emissions are measurable NSDP Business Plans (Outputs & Outcomes) Periodic Reporting Requirements (management) Project Milestones Technology performance Carbon Emissions are measurable

16 MRV Development Partner processes CI Financial Policies and Procedures (Law) Paris Declaration for AID Effectiveness Audit Processes Project ToR require Verification/Liability period Development Partner processes CI Financial Policies and Procedures (Law) Paris Declaration for AID Effectiveness Audit Processes Project ToR require Verification/Liability period

17 Development of the NAMA SPREP Assistance (Developed Pacific NAMA Guidelines Template & TA) Clear Policy and Political Will Championed by the Prime Minister An approved Implementation Plan Involved a committee (MFAI, CCCI, REDD) A story line was then determined Consultancy Process took 2 weeks Difficulty was on the Symantec's SPREP Assistance (Developed Pacific NAMA Guidelines Template & TA) Clear Policy and Political Will Championed by the Prime Minister An approved Implementation Plan Involved a committee (MFAI, CCCI, REDD) A story line was then determined Consultancy Process took 2 weeks Difficulty was on the Symantec's

18 Limitation Finance – Overall Cost NZ$220 Million » Incremental Cost to be considered Human Capacity – Pre-Implementation - Post Implementation Geographical Location & Distribution Transportation – shipping Change in Government – change in Priority Finance – Overall Cost NZ$220 Million » Incremental Cost to be considered Human Capacity – Pre-Implementation - Post Implementation Geographical Location & Distribution Transportation – shipping Change in Government – change in Priority

19 THANK YOU


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