Mitigation and Climate Finance

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Presentation transcript:

Mitigation and Climate Finance 6th STEERING COMMITTEE Amman March 29 March 2017 Mitigation and Climate Finance Project funded by the European Union 4/05/2015

From 5th to 6th SC (and beyond) / Mitigation and Climate Finance ITEM ACTION RESULT TO JANUARY 2018 Jordan National Activity Continue development of Solar Water Pump project proposal Second draft ready. Strong adaptation component included Pilot implementation with EUD funds. Link to financiers Egypt National Activity Implement feasibility study for Climate Change Centre of Excellence Study almost completed. COP22 side event Workshop with international donors Israel National Activity Second round of LEAP LEAP scheduled and suspended (more funds needed) Rescheduling of LEAP NAMA/MRV regional seminar Fact finding/gap analysis and regional seminar MRV survey implemented (policy paper on the website). Pilot action for MRV intranet under implementation in Lebanon Lessons learnt/best practices form pilot action for presentation at final regional seminar CC Mainstreaming/NDC implementation Public and private sector engaged in solutions for climate change Support for the implementation of the Lebanon Climate Act/LCA Continue support LCA and regionalize the results (handbook under preparation)

From 5th to 6th SC (and beyond) / Mitigation and Climate Finance ITEM ACTIVTY RESULT TO JANUARY 2018 Regional seminar for climate finance Hold Regional Seminar Regional seminar implemented, project selection in interested countries, “Access to climate finance” Handbook prepared, support for project development under implementation in 4 countries (Algeria, Jordan, Lebanon, Palestine) Continue support to selected projects for development and matching with funds. Support to new projects? Climate finance mechanisms Enhance availability of and access to climate funding Two policy papers (available on website) on international and national climate finance in Israel Support for Action Plan on key findings. Regionalization of promising opportunities Regionalization of promising opportunities Explore feasibility of establishing a Mediterranean Mitigation Bond Establishment of mitigation bond and presentation at COP23