1. Capacity-Building on GCF project development
Emiko Matsuda
Senior Researcher,
Overseas Environment Cooperation Center, Japan

2. Programme on facilitation of project development utilizing the Green Climate Fund supported by MOEJ
Implementation entities:
Overseas Environment Cooperation Center, Japan
Asia Institute of Technology
Mitsubishi UFJ Morgan Stanley Securities
MUMSS
Contents of TOR
Basic survey on access to GCF
(2) Study Group on access to GCF finance
(3) Capacity-building support for next generation project development
(4)　 Information dissemination on CB support on GCF

3. Workshop on Understanding Paradigm Shifts: Japan’s efforts on developing countries’ accelerating access to the GCF
Date:
13 February, 2018
Place:
Bangkok, Thailand
Participants:
Thailand, Bangladesh, India, Maldives, Bhutan, Lao PDR, Myanmar, Nepal,
Sri Lanka, and relevant international organization
Mind changes and get community involved in order to sustain the project.

4. Objectives for the Workshop
Exchange views on what a paradigm shift and a transformative change are
Discuss how AEs, NDAs, and project proponents can integrate a paradigm shift in country programmes and project proposals
Showcase Japan’s efforts towards a low-emission and climate-resilient development pathway

5. What is “Paradigm shift” all about?
GCF investment criteria defines
Decree to which the proposed activity can catalyze impact beyond a one-off project or programme investment
Definition by Thomas Kuhn in 1962:
One conceptual world view is replaced by another
Examples,
Shift to agriculture from hunting gathering primitive society.
The introduction of the personal computer and the internet.
What is the paradigm shift potential to include as a GCF project?

6. Initial thought #1: Project with paradigm shift
Next generation project
・Component of social system (e.g. Smart city)
・Innovative finance system
Tricycle business model in Philippines by Global Mobility Service inc. （Note: This is NOT a GCF project）
Past (before introduction)
Owner of small company is not afford to buy vehicle, or cannot update
⇒　Number of issues such as GHG emission, air pollution and traffic congestion are to remain　
Vehicle manufacturing company
Small company
Introduce innovative business
Lend-electric tricycle
Vehicle manufacturing company
GMS
Service charge
Small company
Lease company
Assets and payment management by IoT technology
GMS lend electric tricycle to owner of small company. The tricycle is available when payment of service charge is confirmed by IOT management system. It leads to systematic solution for several environmental issues. 　

7. Initial thought #2: Project with paradigm shift
Innovative finance and business model
De-risking derives investment, which provide fund for climate action
Approved GCF funding proposal FP006
GCF/B.11/04/Add.06
Funding Proposal Summary for FP006
Energy Efficiency Green Bond in Latin America and the Caribbean
Guarantee for Green Bond by GCF and IDB invites institutional investors
IDB and GCF provide a loan based on the appropriate rate of interest for an ESCO company.
※Funding proposal using similar financial mechanism was also approved in 19th Board meeting (Mar 2018).

8. Understandings paradigm shift in other countries and institutions
Exploring new paradigm - organize the world around the concept of negative GHG emissions with inclusive growth（The current paradigm driven by availability of fossil fuels
scaling up and replication
Potential for knowledge and learning
Enabling environment
Regulatory framework and policies
Leverage to project participant
Engagement with government and national policies
Capacity building and secured human resources
Factors for paradigm shift
Importance of linkage with local bank when developing project
EUのベストプラクティスを基にした省エネ技術
Grass roots approach and community engagement

9. GCFプロジェクト構築に向けたトレーニングプログラム
Date:
19 February – 2 March, 2018
Place:
Bangkok, Thailand
Country participated:
Bangladesh, Fiji, Indonesia, Mongolia, Papua New Genie, Philippines
A total of 28 participants, 6 representatives of National Designated Authorities,
8 representatives of Direct Access Entities, 14 representatives of project proponents and partner institutions.
Expected output
1. GCF Concept Note
2. Project Preparation Facility (PPF) application
3. Terms of reference for a project feasibility study
4. Roadmap forfollow-up activities.

10. Output from the training program
11 GCF Concept Notes were developed, including 8 mitigation and 3 adaptation  
A total funding requested from the GCF would amount to USD 350 million. This would include 1 Micro, 8 Small, and 2 Medium-sized projects.
10 Terms of Reference for project feasibility studies were prepared.
Project Preparation Facility requests were developed with one PPF request submitted to the GCF Secretariat during the Training Programme.

11. Thank you for your attention