Regional Conference EU for Climate Action & Sustainable Energy in the Neighbourhood South Brussels, 20th March 2018 Climate Finance Casper Van Der Tak

Climate finance in action Assessment of needs. Regional climate finance seminar Key finding. Low capacity to develop bankable proposals for climate funding among key stakeholders in partner countries Responses: Climate finance handbook Workshops: formal training on climate finance Write-shops: working together on preparing concept notes and full proposals Prepare and support climate finance applications Advice on use of international climate finance and how to provide it – innovative instruments Advice on use of domestic climate finance to support cleantech innovation Other support: How to provide climate finance, overcoming valley of death, supporting exports and outgoing investments

Climate finance handbook Practical toolbox with following main functions : preparing and assessing project applications for climate finance; Templates Checklists Screening tools capacity building/training in workshop type settings; reference material for climate finance applications. http://www.climasouth.eu/docs/E_Handbook_N8_EN.pdf

Prepared concept notes / proposals Location Topic Amount Status Algeria Solar water pumping Around 1,500,000 / 9.368.360 CN completed, discussions with financiers ongoing Energy efficiency in buildings 25,000,000 / 105,500,000 CN completed, contacts with financiers to be made Experimental station for bioenergy Abandoned because of perceived infeasibility Jordan Black Carbon Mitigation from the Transport Sector in Jordan 1,105,000 / 1,580,000 CN finalized, discussions with potential financiers Rooftop Rainwater Harvesting CN almost finalized. Taken over by private sector

Prepared concept notes / proposals Location Topic Amount Status Jordan Solar Electricity Power Proposal for: National Fodder Project 12,465,000 CN prepared, private sector party identified, MDB interested Solar Water Pumping in Jordan River Valley Around 160 million Proposal prepared, IFIs contacted, 7 million for pilot secured, IFI interest Lebanon Implementation of the National Afforestation/Reforestation Programme 6 million / 40 million Suspended, contact with MoA difficult to re-establish Morocco Use of treated wastewater in mining operations 21,000,000 USD / 42,000,000 USD CN prepared, potential financiers contacted. PV for supply to an industry zone 397,303 / 3,221,507.77 CN finalized, discussion with financiers ongoing

Prepared concept notes / proposals Location Topic Amount Status Morocco PV for supply to industrial facility 278,982 / 557,964 CN finalized, discussion with financiers ongoing Palestine Development of National Capacities to Implementing Climate Change Adaptation and Mitigation 6,487,100 / 6,487,100 CN fully developed, discussions with donors ongoing Establishment of Palestinian Electrical and Energy Laboratory (PEEL) 3,000,000 / 3,000,000 CN fully developed, discussions with donors ongoing.

Thank you for your attention! Casper van der Tak info@nutawa.com casper@cdmasia.org

Barriers and constraints Capacity to prepare funding proposals Capacity to structure financing of investments Ability to incur international debt Private sector involvement Riskiness of the investments Barriers to financing of climate change adaptation – larger viability gap. Solution direction: regional fund for de-risking investments and to provide additional incentives.

Lessons learned Combination workshops and write-shops was very useful Need to clearly distinguish between donor funded projects (no revenues) and projects with revenues For project with revenues – need to establish early on who owns the project and restrictions on use of financing instruments For project with revenues – need to establish ties with IFIs early on (CN stage) Flexibility