1. Update on the United Nations Development Account project: “Mitigating Climate Change through Attracting Foreign Direct Investment in Advanced Fossil Fuel Technologies” Steering Committee of the Energy Efficiency 21 Programme Geneva, 12 November 2013

2. Project framework Nine countries covered: Afghanistan, China, India, Mongolia, Kazakhstan, Kyrgyzstan, Tajikistan, Ukraine, and Uzbekistan Implementing agencies: UNECE, in collaboration with UNESCAP and UNCTAD Budget: $629,900, financed from UNDA Implementation rate ( as of 31 Dec 2012 ): 92.4% All deliverables finalized by 31 Dec 2012

3. Three principal goals 1. Increase skills to develop and maintain an attractive investment climate to encourage foreign direct investment into fossil fuel-fired electricity sector. 2. Improve cooperation between energy policy makers in countries covered by the project and investors. 3. Increase skills to develop pre-feasibility studies on the power sector and related fossil fuel projects in each targeted country.

4. The overall goal and business case To mitigate climate change by attracting investment needed to increase conversion (“upstream”) efficiency of electrical power plants. The business case for the project: In the UNECE region, over 60% of electricity comes from fossil fuels. Conversion efficiency of current fleets <30%; best available technology: 45% Deploying best available technology would result in enormous emission savings

5. CO 2 emissions in 2009 (million tons) total emissions from electricity production emissions from electricity production as % of total emissions USA5195.02190.242.2 Canada520.7102.219.6 EU OECD3765.21337.035.5 Non-OECD EU and Asia2497.41241.149.7 UNECE Region11978.34870.540.7 World28999.411827.140.8 UNECE emissions as % of global ones 41.341.2 Source: IEA Statistics 2011 edition: CO2 emissions from fuel combustion

6. Project outputs Nine country baseline studies A synthesis study Seven workshops End-of-the project investor conference Ten prefeasibility studies A network of national experts, and technology and finance providers

7. Workshops VenueDateTotal participants Female participants Dushanbe, Tajikistan13 September 2011253 Nanchang, China11 November 20118010 Astana, Kazakhstan6-7 December 20119430 Kiev, Ukraine16-17 May 20126820 New Delhi, India6-7 June 2012717 Issyk Kul, Kyrgyzstan8 September 2012173 Xiamen, China13 September 201211631 Almaty, Kazakhstan14-15 November 201211925 Total 590129

8. Thank you! for more information: http://www.unece.org/energy/se/docs/unda_sed/unda_sp1.html