Special Climate Change Fund (SCCF) Effendy Sumardja

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Special Climate Change Special Climate Change Fund (SCCF) Fund (SCCF) Effendy Sumardja GEF Focal Point - Ministry of Environment - Indonesia

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Special Climate Change Fund (SCCF) Effendy Sumardja GEF Focal Point - Ministry of Environment - Indonesia. What is GEF? An operating entity of the financial mechanism of the Conventions - PowerPoint PPT Presentation

Transcript of Special Climate Change Fund (SCCF) Effendy Sumardja

Page 1: Special Climate Change Fund (SCCF) Effendy Sumardja

Special Climate Change Special Climate Change Fund (SCCF)Fund (SCCF)

Effendy Sumardja

GEF Focal Point - Ministry of Environment - Indonesia

Page 2: Special Climate Change Fund (SCCF) Effendy Sumardja

What is GEF? An operating entity of the financial mechanism of the Conventions

Provides financing to country-driven projects consistent with guidance approved by the Conference of the Parties on policies, program priorities and eligibility.

Projects are mainly managed through its Implementing Agencies: UNDP, UNEP and the World Bank.

SCCF is among the funds operated by GEF (Decision 7/CP.7)

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The twinning funds

Decided at CoP9 in Milan, 2003• Decision 5/CP.9 – Special Climate Change Fund

(SCCF)• Decision 6/CP.9 – Least Developed Countries Fund

(LDCF)

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How the resources are provided?• Through focal areas (biodiversity, land degradation, ozone, persistent organic pollutants, and international waters)

Often have cross-cutting benefits supportive of the objectives of the UNFCCC

Through the development of human resources and institutions

Through activities supporting a range of global environmental goals including carbon sequestration.

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What does SCCF assist? Risk assessment of climate change impacts on development projects

Preparatory work of adaptation measures, constituency building, awareness raising and lessons sharing

Climate-proof development lending

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Who will be assisted? Most vulnerable and those with the greatest need

Climate change impacts fall most heavily on the link between adaptation and poverty reduction/ benefits for the poor

Highlighting this link could help to mobilize resources in the donor community

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How to propose activities? The activities should address the challenges of adaptation

Use SCCF to finance the "adaptation additionality" of project activities; i.e., the additional costs of achieving sustainable development.

Be simple and pragmatic

Project may be based on a sliding proportional scale of co-financing

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SCCF and technology transfer Financing should be used to

• address the barriers to the introduction of new technologies

• explore the enabling environments, institutional capacity, and availability of information

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In summary

• SCCF should serve as a catalyst to leverage additional resources from bilateral and other multilateral sources in both the adaptation and technology transfer areas • SCCF is voluntary and that it was important to design the fund in such a way that donor interests in contributing to the fund would be enhanced