[PPT] - Adaptation Fund: enhancing implementation of the Paris Agreement PowerPoint Presentation

SLIDE 1

Adaptation Fund: enhancing implementation of the Paris Agreement through innovative finance and concrete action

Bonn , 11 May 2017

SLIDE 2

Outline of Pr e se ntation

Ba c kg ro und o f the Ada pta tio n F

und a nd c urre nt sta tus o f o pe ra tio ns

Re c e nt de ve lo pme nts in the F

und to furthe r e nha nc e its e ffe c tive ne ss

Ada pta tio n F

und a nd the Pa ris Ag re e me nt

SLIDE 3

Outline of Pr e se ntation

Ba c kg round of the Ada pta tion F

und a nd c urre nt sta tus of ope ra tions

Re c e nt de ve lo pme nts in the F

und to furthe r e nha nc e its e ffe c tive ne ss

Ada pta tio n F

und a nd the Pa ris Ag re e me nt

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Adaptation F und inc r e ase s r e silie nc e thr

ugh c onc r

e te adaptation pr

je c ts
Innova tive F

e a ture s:

Go ve rne d b y ma jority of de ve loping c ountrie s L

e vy on Cle a n De ve lo pme nt Me c ha nism proc e e ds &

the r so urc e s o f funding

Dir

e c t ac c e ss a lo ng side c o nve ntio na l a c c e ss

thro ug h inte rna tio na l o rg a niza tio ns

SLIDE 5

E xpe r ie nc e on funding Climate Adaptation

T he Adaptation F und c ur r e ntly funds 63 c onc r e te , loc alize d adaptation and r e silie nc e pr

je c ts in 53 vulne r

able c ountr ie s with 5.4 million dir e c t be ne fic iar ie s. Its pr

je c ts ar

e e ffe c tive , fle xible a nd sc ala ble , and c an be r e plic ate d in

the r

c ommunitie s. Sinc e inc e ption, the F und has mobilize d ove r 630 million dollar s in r e sour c e s. US$ 198 million c ame fr

m CE

R pr

c e e ds and US$ 433

million fr

m de ve lope d c ountr

ie s’ c ontr ibutions. T he r e sour c e s alloc ate d so far amount to US$ 417 million in 65 c ountr ie s, of whic h 24 ar e L DCs and 14 SIDS.

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Sinc e 2010 the F und ha s a pprove d US$ 417 million for 65 c ountrie s

63 c onc r e te pr

je c ts
37 imple me nte d

b y MI E s

4 imple me nte d

b y RI E s

22 imple me nte d

b y NI E s F unds available for ne w pr

je c ts:
F
r MI

E s: US$ 67.0 M

F
r NI

E s/ RI E s: US$ 108.5 M

F
r re g io na l

pro je c ts: US$ 45.0 M

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T he F und’s main r e ve nue sour c e is CE R sale s but the c ollapse of c ar bon mar ke ts me ans ne w r e sour c e s ar e ne e de d

CE R pr ic e s have c ollapse d Contr ibutions now the main sour c e of funds

Contr ibutions US$ 433.3 M CE R inc ome US$ 197.7 M

Inve stme nt inc ome US$ 8.1 M

F undra ising prog re ss / ta rg e ts:

2012-13: US$ 103.4 M / US$ 100 M 2014: US$ 64.4 M / US$ 80 M 2015: US$ 75.8 M / US$ 80 M 2016: US$ 81.5 M / US$ 80 M 2017: US$ 0 M / US$ 80 M

Ac tive pipe line of proje c ts:

US$ 200.9 M (a s o n 11 Ma y 2017)

SLIDE 8

T he numbe r of dire c t a c c e ss e ntitie s is inc re a sing

43 Imple me nting E ntitie s

25 NI

E s

6 RI

E s

12 MI

E s

Dire c t Ac c e ss, whe re b y a

c o untry c a n a c c e ss funds dire c tly fro m the AF a nd

the r funds a do pting simila r

mo da lity to ma na g e a da pta tio n/ mitig a tio n pro je c ts, re q uire s a n a c c re dite d Na tio na l I mple me nting E ntity me e ting the funds’ fiduc ia ry sta nda rds, e nviro nme nta l a nd so c ia l sa fe g ua rds a nd g e nde r po lic y

SLIDE 9

Outline of Pr e se ntation

Ba c kg ro und o f the Ada pta tio n F

und a nd c urre nt sta tus o f o pe ra tio ns

Re c e nt de ve lopme nts in the F

und to furthe r e nha nc e its e ffe c tive ne ss

Ada pta tio n F

und a nd the Pa ris Ag re e me nt

SLIDE 10

L e sson: Support for dire c t a c c e ss re a dine ss is ne e de d

Re a dine ss Prog ra mme la unc he d in 2014

Convening actors working on direct access (accreditation, project development, capacity building) Designing improved materials on AF processes Developing a knowledge exchange platform: climatefinanceready.org Small grants:

South-south cooperation
Environmental and Social

technical assistance

SLIDE 11

Polic y: Ac c re dita tion of sma ll e ntitie s – AF stre a mline d proc e ss

 Sma ll g o ve rnme nts (e .g . in

SI DS a nd L DCs) ma y no t ha ve suita b le NI E c a ndida te s tha t a re a b le to a c c e ss up to USD 10 millio n

 AF

B a ppro ve d a mo difie d a c c re dita tio n pro c e ss “fit fo r purpo se ” fo r sma ll e ntitie s in April 2015

 F

irst e ntitie s to b e ne fit: Mic ro ne sia Co nse rva tio n T rust, Co o k I sla nds Ministry o f F ina nc e a nd E c o no mic Ma na g e me nt, Arme nia n E nviro nme nta l Pro je c t I mple me nta tio n Unit

SLIDE 12

At ac c r e ditation stage :

I

n a dditio n to o ve ra ll risk ma na g e me nt c a pa c ity: syste ms to a sse ss, mitig a te a nd ma na g e e nviro nme nta l a nd so c ia l risk a nd the c o mmitme nt to g e nde r e q ua lity At pr

je c t pr
posal stage :
Sc re e ning a g a inst 15

princ iple s o f the E SP

Ca te g o riza tio n o f pro po se d

pro je c t

E

SI A, E SMP

Grie va nc e me c ha nism

Polic y: E nvironme nta l a nd Soc ia l (Nove mbe r 2013) a nd Ge nde r Polic y (Ma rc h 2016)

E nvir

nme ntal and Soc ial Polic y now r
lle d out to ope r

ations and Ge nde r polic y appr

ve d in Mar

c h 2016

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L

a unc he d in 2015 with initia l va lue USD 30 millio n

Ope n to RI

E s a nd MI E s, pa rtne ring with NI E s a nd

the r na tio na l a g e nc ie s
T

he me s: F

o d se c urity,

DRR & E WS, T ra nsb o unda ry wa te r ma na g e me nt, I nno va tio n in a da pta tio n fina nc e

Hug e inte re st a fte r first

c a ll in Ma y 2015: pro po sa ls to ta ling c a . US$ 130 millio n

Oc tobe r

2016: c all e xte nde d be yond pilot

F

ir st r e gional pr

je c t

appr

ve d in Mar

c h 2017

F ina nc ing Re g iona l Ac tivitie s

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Ada pta tion F und me dium- te rm stra te g y

 T

b e b a se d o n the g o a ls o f:

 Artic le 7 o f the Pa ris

Ag re e me nt

 SDG 13.1

 Ste pwise pro c e ss

 Ste p 1: F

ra me wo rk (Oc t 2016)

 Ste p 2: E

le me nts (Ma r 2017)

 Ste p 3: De ve lo pme nt o f

stra te g y (Ma y-Oc t 2017)

 Multi-sta ke ho lde r pro c e ss

 Ste p 1-2: I

nte nsive sta ke ho lde r inte rvie ws

 Ste p 3: pub lic c o mme nting ,

disc lo sure

SLIDE 15

Outline of Pr e se ntation

Ba c kg ro und o f the Ada pta tio n F

und a nd c urre nt sta tus o f o pe ra tio ns

Re c e nt de ve lo pme nts in the F

und to furthe r e nha nc e its e ffe c tive ne ss

Ada pta tion F

und a nd the Pa ris Ag re e me nt

SLIDE 16

Re le vanc e: AF

de sig n is c o he re nt with a nd c o mple me nta ry to o the r a da pta tio n e ffo rts unde r UNF CCC

E

ffe c tive ne ss: AF

ma in pro c e sse s a re g e ne ra lly e ffe c tive a nd de mo nstra te ste a dy impro ve me nt, with the e xc e ptio n

f re so urc e mo b iliza tio n a nd kno wle dg e

ma na g e me nt

E

ffic ie nc y: AF

a nd its institutio na l a rra ng e me nts pro vide g o o d va lue fo r mo ne y

Sustainability: sig nific a nt, struc tura l thre a t

to the susta ina b ility, a de q ua c y, a nd pre dic ta b ility o f re so urc e s fo r the AF

E va lua tion: Pha se I (2014- 2015)

Phase II (2017- 2018): fo c us o n pro je c t a nd

pro g ra mme o utc o me s

T

hir d r e vie w o f the Ada pta tio n F

und (2017)

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Ada pta tion F und time line to se r ve the Pa r is Ag r e e me nt

2015:

De c ision 1/ CP.21 a do pting the Pa ris Ag re e me nt: the Ada pta tio n F

und may se rve the Ag re e me nt, sub je c t to re le va nt de c isio ns b y the CMP (K yo to Pro to c o l pa rtie s’ me e ting ) a nd the CMA (Pa ris Ag re e me nt pa rtie s’ me e ting )

> ro a dma p

2016:

De c ision 1/ CMA.1: the Ada pta tio n F

und sho uld se rve the Ag re e me nt

De c isio ns to b e ta ke n b y CMP14 a nd CMA1-3 (2018)
Sho uld a ddre ss the g o ve rnanc e and institutio nal arrang e me nts,

safe g uards and o pe rating mo dality o f the Adaptatio n F und

De c ision 1/ CP.22: re q ue ste d the Ad Ho c Wo rking Gro up o n the Pa ris

Ag re e me nt to a ddre ss the issue s re fe rre d to in De c isio n 1/ CMA.1

Re q ue ste d pa rtie s to sub mit the ir vie ws o n the se issue s

2017: On-g o ing ne g o tia tio ns to wa rds “shall se rve the Paris Ag re e me nt”

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Ada pta tion F und is a lr e a dy se r ving the g oa ls of the Pa r is Ag r e e me nt

Ne e d for

public and gr ant base d r e sour c e s fo r

a da pta tio n, a s we ll a s the impo rta nc e o f suppo rt a nd o f ta king into a c c o unt the ne e ds o f de ve lo ping c o untrie s (Art. 7)

SLIDE 19

www.adaptation-fund.org/

@adaptationfund

SLIDE 20

Adaptation F und and the Gr e e n Climate F und

CMP10 (L

ima 2014) re q ue ste d the AF Bo a rd to c o nside r o ptio ns fo r de ve lo ping

pe ra tio na l linka g e s b e twe e n the AF

a nd b o die s unde r the Co nve ntio n (suc h a s the GCF )

I

n 2015 the Bo a rd c o nside re d ma tte rs re la te d to c o mple me nta rity, inc luding e sta b lishing a n o pe ra tio na l linka g e b e twe e n the AF a nd the GCF fo r c ha nne lling re so urc e s fo r a da pta tio n a nd ide ntifie d two o ptio ns:

(a ) se e king a c c re dita tio n a s fina nc ia l inte rme dia ry with the GCF

; o r

(b ) e nte ring into a n MOU o r a d ho c a g re e me nt with the GCF

.

T

he AF Bo a rd re q ue ste d the se c re ta ria t to disc uss with the GCF se c re ta ria t c o nc re te a c tivitie s to initia te c o lla b o ra tio n, suc h a s:

re a dine ss suppo rt, inc luding b y jo int a c tivitie s;
re sults b a se d ma na g e me nt; a c c re dita tio n; a nd pro je c t/ pro g ra mme ide ntific a tio n.
T