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Leveraging Private Invest-mentsby Public Climate Finance A Global Forum on Climate Change Finance, Dec 2013
Trends and scales of international climate finance:some comparisons
Source: OECD
2005-06 2007-08 2009-100
2
4
6
8
10
12
14
16
Climate change mitigation: principal objective
Climate change mitigation: upper bound estimate (prin-cipal+significant objective)
USD billion
133.5bn
100 bn
Long Term Cli-mate Finance by
2020
Total ODA by DAC Donors in 2011
0
20
40
60
80
100
120
140
160
USD billion
Climate FinanceSOURCES
DEVELOPING COUNTRIES
PRI-VATE
MULTILAT-ERAL
World Bank, ADB etc
BILAT-ERAL
as part of ODA
within the con-
text of UN-FCCC
DOMES-TIC
ALLOCA-TIONS
Source: Lidy Nacpil, 2012
Source: CPI
Climate Finance Flows
Renewable Energy 48.0%Mitigation
49.7%
High-Tech Energy Ef-ficiency 2.3%Chart Title
Export Credit SupportGreen Bond
(for low-carbon & eco-friendly projects)
+
2009 2010 2011 2012 2013(E)0.0
1.0
2.0
3.0
4.0
5.0
6.0
1.2
2.3
3.7 4.1
5.2
Chart Title(USD bn)
CAGR: +43.4%
▒ Green Credit on the Rise ▒ Green Credit by Sector
Eligible Financing Sectors
Fuel Cell, Hydrogen Energy, etc.New Energy
Solar PV, Solar Thermal, Wind, Geothermal, Biomass, Biofuel, Hydro, Tidal, Wave, Waste Energy, etc.
Renewable Energy
Water Supply, Water Sanitation, Waste Treatment, etc.
Mitigation
LED, Smart Grid, HEV battery, etc.High-Tech
Energy Efficiency
Leveraging Private Investments
• (Guarantee) KEXIM introduced Guarantee Program with EDCF to catalyze for private financing by mitigating critical government per-formance risks in developing countries.
Leveraging Private Investments
Indemnity Agreement
Loan
Guarantee Agreement Project Approval
• (Encouraging PPP scheme) In order to finance big infrastructure in collaboration with private investors, KEXIM tries to develop PPP fi-nancing scheme with EDCF.
• ODA LoanEDCFSubsidies/Equity
Loan or Equity
Leveraging Private Investments
To build up overall capacity for climate change actions in cross sectors in the Government of Vietnam
ClimateChangerelated
strategies, policies, etc.
Policy Action Sectors Main Responsible Min-istriesMOIT
MARDMOCRelated ministries
MOT, MOC, MOIT2) Transportation and Construction3) Forestry and Agriculture4) Waste Disposal5) CDM
6) Water
8) Disaster Prevention9) Forestry, Biodiversity and Agriculture
11) Health Care
7) Integrated Coastal Management
10) Transportation and Construction
MOC etcMARD etcMARDMARD, BCA etcMOT, MOCMOH
12) Assessment, Monitoring & Evaluation
13) Financial Mechanism
15) Awareness Raising and Human Resource Development
MOST
MOF, MPI
MPI
MOET
Mitigation
Adaptation
Cross-Cutting
Pillars
MONRE
1) Energy (Renewable Energy and Energy Efficiency)
14) Mainstreaming CC issues to development planning and Program Management of NTP-RCC and SP-RCC
10 Ministries and agencies 35 Depts all together !
Target Financing for Climate Change
Under the “Low Carbon, Green Growth” strategy,the proportion of Green ODA projects of KEXIM(EDCF) was maintained over than 30% in 2012.
3 EDCF Policy Focus in 2012
Green Growth
1. Introduction to EDCF
Interest Discount by 0.05%~0.5%p in Green Growth such as Renewable energy, Energy effi-
ciency, etc
THANK YOU
Staying Focused on the Future
Thank You