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

2. 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

3. 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.

5. Prepared concept notes / proposals
Location
Topic
Amount
Status
Algeria
Solar water pumping
Around 1,500,000 /
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

6. 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

7. 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.

8. Thank you for your attention!
Casper van der Tak

9. 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.

10. 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