RAC-NAMA - 1st Appraisal Mission Tim Mahler Project Director Support to the Development and Implementation of Thai Climate Change Policy Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH +66 9 2254 3907 tim.mahler@giz.de

NAMA Facility Selection Process NAMA Support Project Selection Process

NAMA Facility Selection Process First Mission Preparation of proposal, quality assessment by giz and NAMA Facility Setting up of team of experts Second Mission Focus on Financial Instruments FEB MAR APR MAY JUNE JULY AUG

NAMA Facility Financial Instruments Implementing partners are encouraged to use the grants to set up mechanisms that will mobilise additional funding, including private investment in particular. To finance the full implementation a broad financing concept is required This incorporate different sources of funding, including national public funds, private funds and international support.

NAMA Facility Selection Criteria Potential for transformational change > 1 Mio. appliances use low instead of high GWP refrigerants > 500 companies producing or operating green appliances > 2000 technicians are trained Potential for transformational change Does NAMA contributes to transformation of national or sectoral development towards sustainable development? Sustainable development Co-benefits Environmental protection Economic development Social development International recognition Sustainable development Co-benefits Does the NAMA provide additional sustainable development co-benefits beyond GHG-rduction? Financial ambition € 8.8 Mio. forseen for investment NAMA seed funding will be leveraged by 7-fold by Thai Government funding by Thai private funds Financial ambition Does the NAMA have the potential to mobilise a substantial funding contribution from other public or private sources? Mitigation Potential Emission reduction of 19.4 Mt CO2eq over equipment lifetime Annual reduction of 2Mt in 2020 8.8 Mt CO2eq p.a. can be reduced by 2030 Energy needs of RAC sector are reduced by 40% against BAU Mitigation Potential Does the NAMA envisage substantial direct and indirect GHG emission reductions?

Project Outcome Overarching project goal: The RAC NAMA targets a sector-wide transition towards a sustainable production and use of climate-friendly cooling technologies with resulting emission reductions of 19.4 Mt CO₂eq over the lifteime of equipments. Financial Component – Project Outcome: GRIF is newly established to kick-start financing for production and dissemination of over 1 Mio. Green RAC appliances in the stationary AC, domestic and commercial refrigeration subsectors. One thrid of the GRIF and the NAMA investment will seed fund into revolving ESCO schemes as a sustainable institution beyond the duration of the supported NAMA.

Financial Project Outputs The GRIF is established and operational Esablishment of enhanced GreenRAC funding criteria Sufficient capacity is established in the supporting financial sector Execution of GreenRAC funding for over 1 million appliances in 3 RAC subsectors

Financial Project Outputs Execution of GreenRAC funding for over 1 million appliances in 3 RAC subsectors The GRIF has co-financed Conversion of at least 2 production lines (3 Mio. EUR) Establihment of revolving end user financing schmes in cooperation with over 4 stratgeic end users (hotels, supermarket chains) (3 Mio. EUR) Guarantee schemes on loan programmes with at least two commercial banks (3 Mio. EUR) In total over 500 companies are receiving financial support or co-financing through GRIF

RAC-NAMA - 1st Appraisal Mission Tim Mahler Project Director Support to the Development and Implementation of Thai Climate Change Policy Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH +66 9 2254 3907 tim.mahler@giz.de