1. Ming Yang Senior Climate Change Specialist GEF American University Seminar Washington, DC April 3, 2012 Climate Change Mitigation (CC-M)

2. Unique characters of CC-M Maximize Global Environmental Benefits by: – Mitigating GHG emissions; – Increasing use of renewable energy and decreased using of fossil energy; – Improving efficiency in energy production and use; – Increasing adoption of a low-carbon development path via technology transfer, market transformation, and enabling activities; – Increasing sequestration of carbon; and – Reducing GHG emissions and enhancing carbon stocks under sustainable management of land use (including peatlands), land use change, and forestry.

3. Strategic Objectives for GEF-5 SO1: Demonstration, deployment, and transfer of innovative low-carbon technologies SO2: Market transformation for energy efficiency in industry and the building sector SO3: Investment in renewable energy technologies SO4: Energy efficient, low-carbon transport and urban systems SO5: Conservation and enhancement of carbon stocks through sustainable management of land use and forestry SO6: Enabling activities and capacity building Source: Aoki C. (2011)

4. Tech Transfer Embedded in CCM Strategy GEF-5 support address the continuum from applied R&D to diffusion Sectors: energy efficiency, renewable, transport, urban systems, LULUCF Source: Aoki C. (2011)

5. Financing Climate Change under GEF Trust Fund GEF Trust Fund has invested over $3 billion in over 150 countries Mitigation projects, Technology Needs Assessments (TNAs), National Communications to the UNFCCC Catalytic, innovative, and cost-effective Leader in financing new, emerging low-carbon technologies Pioneered market-based approaches, innovative instruments Leveraged more than $18 billion co-financing Over 2.5 billion tonnes of CO 2 avoided Largest multilateral public-sector technology transfer mechanism Financed demonstration, deployment, diffusion, and transfer of environmentally sound technologies Source: Aoki C. (2011)

6. GEF Relations with other institutions Financial mechanism for United Nations Framework Convention on Climate Change; Partnership with 10 UN agencies and multilateral banks; Information sharing with other international agencies such as the International Energy Agency and the United Nations Foundation; Working with national governments and civil society organizations for project development.

7. Facilitate public behavior via new policy: Project Example 1: Kazakhstan EE lighting Objective: Phase-out incandescent lamps Approaches: – policy development and implementation; – market development; – education and outreach; and – project demonstration. Target: Mitigate up to 71 million tons of CO 2

8. Institutional development and technology transfer: Example 2: China Industrial boiler EE improvement Institutional framework and governance impacts Promote new standards for boiler designYes Strengthen certification for boiler operationYes Technology disseminationYes National sales and market promotion for GEF supported boilersYes Global and local benefits GHG emission mitigation (million tCO 2 e)160 Technology transfer (number of patents)9 Targeted sales of GEF-supported boilers at project completion (tons/hr)9,230

9. Questions? Thank you for your attention