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International Energy and Climate Initiative – Energy+ Hans Olav Ibrekk Policy Director – Energy+
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--- The analysis is done ---
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Design Principles – Energy+ Country-driven Best-practice technical support for policy reforms Use public funding to enable the business case Phased introduction of results-based donor funding “cash on delivery” Indicators to measure performance – access and avoided emissions Use existing programs and institutions to limit transaction costs Social and environmental standards 4
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Phased Country Approach – Flexibly Applied 5 National Energy-Climate Strategies or Action Plans Readiness Phase Results-based donor funding to Increased Access to Energy and Emission Avoidance Performance Payments Phase Capacity building, Reforms, Support schemes, Investments, MRV Implementation - “Energizing” - Phase
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3 rd Phase: Results-Based Funding on Sector Level 6 MRV $$++$ Business opportunities Lower risk Higher reward Energy+ National authorities $$ Local and international companies Access Avoided emissions Incentives - Price based - Quantity based - Fiscal and financial - Voluntary - Carbon tax - Laws & regulation - Etc… Private sector dev. - Competence - Clustering - Demos - Etc…
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Private sector - key Success hinges on several factors Making markets attractive Supporting development of national plans Gathering and disseminating information Support development of framework Innovative and alternative financing models
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Energy+ and UNFCCC Sectoral approach Supported NAMAs Performance monitoring – MRV Green Climate Fund ready Complicance markets - future Demonstrate through botto-up
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The Partnership - Aimed at Serious Results Designed for those capable of building momentum Policy Technical support Finance Action and results on the ground Not only a knowledge-sharing forum Partners’ offer depends on national/regional setting 9
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Current Partners and the Way Forward Oslo Durban Davos Rio+20 Open to all interested actors Modalities to be agreed upon Formalization by Rio+20
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Energy+ Technical Working Group Comprised of representatives of partners UNEP, World Bank, ADB, UNDP, WRI, KfW, WBCSD, UNF, private sector Convenor: David Reed, WWF US Provide an overview and description of the core elements of the Energy+ approach Nine thematic areas Role of private sector, incentive framework, LCDS, policy, regulatory, institutional, three- phase appraoch, results-based funding, MRV, registry, political economy Draft report by mid January – final mid February Coordination with SE4ALL 11
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Further information: Energy+ Team – Ministry of Foreign Affairs, Norway hoi@mfa.no
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