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International Energy and Climate Initiative – Energy+ Hans Olav Ibrekk Policy Director – Energy+

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Presentation on theme: "International Energy and Climate Initiative – Energy+ Hans Olav Ibrekk Policy Director – Energy+"— Presentation transcript:

1 International Energy and Climate Initiative – Energy+ Hans Olav Ibrekk Policy Director – Energy+

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3 --- The analysis is done ---

4 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

5 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

6 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…

7 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

8 Energy+ and UNFCCC Sectoral approach Supported NAMAs Performance monitoring – MRV Green Climate Fund ready Complicance markets - future Demonstrate through botto-up

9 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

10 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

11 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

12 Further information: Energy+ Team – Ministry of Foreign Affairs, Norway hoi@mfa.no


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