1. Iceland Geothermal Conference 2016 GLOBAL GEOTHERMAL ALLIANCE: A GLOBAL PARTNERSHIP FOR GEOTHERMAL ENERGY Gurbuz Gonul Senior Programme Officer – Regions

2. 2 Source: Bertani, 2015 Geothermal At A Glance  Geothermal Power: ~25 countries with a total installed capacity of 12,6 GW  Geothermal Heat: ~80 countries with a total installed capacity of 20.4 GW

3. H IGH UPFRONT COSTS AND RISKS ASSOCIATED WITH RESOURCE ASSESSMENT POLICY UNCERTAINTY E NVIRONMENTAL CONCERNS AND LICENSING S HORTAGE OF SKILLED PROFESSIONAL LACK OF INSTITUTIONAL CAPACITY L OW AWARENESS AND LIMITED INFORMATION IN DECISION MAKERS Why modest growth? Can international cooperation and partnerships help overcome key geothermal challenges?

5. GGA concept introduced GGA Joint Statement announced Consultations with GGA partners Consultations with IGA and geothermal associations Ascent meetin g UN Climate Summit IRENA 5 th Assembly World Geothermal Congress 20142015 Multi- stakeholder meeting to finalize GGA concept Kenya 15 June 2015 Long and windy road…

6. 6 Geothermal Power Installed Capacity Worldwide Source: IRENA Remap 2030 Up to 5 x geothermal power More than 2 x geothermal heat What is the ultimate goal of the Alliance?

7. 7 GGA MEMBER COUNTRIES - 40 C OUNTRIES A CCROS THE G LOBE Bolivia Chile Colombia Costa Rica Ecuador El Salvador Guatemala Honduras Mexico Nicaragua Peru Saint Vincent & Grenadines USA IDB OAS US GEA AMERICAS / CARIBBEAN France Iceland Italy Netherlands Poland Romania Switzerland Turkey Nordic Fund EGEC EUROPE Indonesia Malaysia Pakistan PhilippinesASIA Burundi Comoros Djibouti Egypt Kenya Tanzania Uganda Zambia Zimbabwe AfDB AUC EAPP NEPAD RCREEE SAPPAFRICA Fiji New Zealand Papua New Guinea Solomon Islands Tonga Vanuatu SPC PACIFIC / OCEANIA GGA PARTNER INSTITUTIONS - 14 REGIONAL & DEVELOPMENT PARTNERS, 4 INDUSTRY PARTNERS, AND 9 RESEARCH INSTITUTIONS AND ACADEMIA IRENA IGA IsDB UNEP WB ESMAP GLOBAL Who are GGA Members and Partners?

8. 8 Platform for dialogue and cooperation Partnership for coordinated action Outreach and raising awareness What will GGA do?

9. Partnership for Coordinated Action 9  Unlocking geothermal investment projects that are facing policy, legal, regulatory, fiscal, funding or capacity building challenges  Enabling most mature projects or countries with transformative potential that would result in high impact on energy mix, access rate, etc.  Assistance with overcoming such challenges through:  Strengthen enabling policy & regulatory frameworks  Raise awareness on and propose improvements of risk mitigation funds, targeted financing mechanisms  Facilitate access to financing and risk mitigation instruments  Enhance capacities

10. How will GGA Operate? 10  Neutrality and transparency  no preferential treatment for a particular country, technology, scheme  Build on structures, programs and facilities on the ground  avoid overlaps, duplicated efforts  No complicated administrative structures, processes  avoid bureaucracy, focus on actions  Action-oriented operation  GGA Action Plan under finalization  Identify specific activities under GGA Action Plan; seek support and funding from Members & Partners for each specific activity

11. How will GGA Prioritise its Actions? 11  Clear indication of interest from recipient of proposed GGA technical support  Contribute to near term improvement of enabling frameworks for investment  Sustained impact on fostering geothermal deployment  Complementarity with activities of development partners  Replicability of activities elsewhere

12. SIDS Lighthouses Clean Energy Corridors Pacific CB initiative Skills Needs Assess. Method. Sustainable Energy Marketplace What is the Role of IRENA in GGA? Project Navigator Project Navigator Renewable Readiness Assessment Post RRA Technical Assistance & Advisory Global Atlas  Coordinate and facilitate the GGA  Support regional, country specific GGA activities REmap

13. 13 The success and sustainability of the Alliance will rely on:  active and continuous participation of its Members and Partners  its credibility as an authoritative source of information  actions that have substantial impact on the acceleration of global geothermal developments

14. THANK YOU. Gurbuz Gonul Senior Programme Officer – Regions Email: ggonul@irena.org