CODATU XVI, Istanbul 2-5 February, 2015 Cornie Huizenga, Secretary - - PowerPoint PPT Presentation

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CODATU XVI, Istanbul 2-5 February, 2015 Cornie Huizenga, Secretary - - PowerPoint PPT Presentation

FINANCING AND OPTIMIZING BENEFITS FROM LOW CARBON URBAN TRANSPORT - Role of Climate Finance - CODATU XVI, Istanbul 2-5 February, 2015 Cornie Huizenga, Secretary General Partnership on Sustainable Low Carbon Transport www.slocat.net Paradigm


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Cornie Huizenga, Secretary General Partnership on Sustainable Low Carbon Transport www.slocat.net

CODATU XVI, Istanbul 2-5 February, 2015 FINANCING AND OPTIMIZING BENEFITS FROM LOW CARBON URBAN TRANSPORT

  • Role of Climate Finance -
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Paradigm shift on development of Transport

Predict and Provide Build Roads to promote economic and social development

Road safety 1.3 million deaths Air Pollution 3 million deaths (large part transport) Climate change – transport GHG fast growing Access not inclusive – large groups no access (urban and rural)

Negative externalities of old paradigm: 6-10% of GDP at least 50 Trllion USD up to 2030

Congestion

Access: (Avoid + Shift + Improve)

Expand/Improve Transport infrastructure and services

Avoid unnecessary motorized transport

Shift Transport to most effective mode (people and goods)

Improve environmental performance transport

: + +

Then Now Economic benefits of new paradigm:

70 Trillion USD up to 2050 (International Energy Agency/2012) -100+ Trillion USD up to 2050 (ITDP/ 2014)

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Climate Finance for Transport – Not Transformational in Scale !

1 1 1 1 2 1 2 1 1 1 2 (2) (2) (2) (2) (2) 1 2 (3) 3 (3) 1 2 2 4 (4) (4) (4) 1 1 1 5 5 6 9 7 (7) 1 3 (12) 1 14 (19) 1 2 (3) 1 1 (3) (3) 2 3 4 ( 5) 3 (6) 5 (11) 7 (15)

’ Argentina Thailand Philippines Peru Nigeria Egypt Serbia Republic of Korea Malaysia Kazakhstan Brazil South Africa Russian Federation Indonesia Chile Viet Nam Global / Regional Projects Mexico India Colombia China

Explanation of CDM, CTF, etc.

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CDM CTF GEF NAMA (Total in italics) Number of CF Projects for Transport:

1 1 1 1 1 1 1 1 1 1 1 (1) (1) 1 (1) 1 1 1 1 1 1 1 1 1 1 1 1 (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)

Venezuela (Bolivarian Republic of) Tunisia Tajikistan Slovakia Paraguay Pakistan Nicaragua Nepal Morocco Mongolia Lebanon Lao People’s Democratic Republic Jordan Guatemala Georgia Dominica Costa Rica Burkina Faso Botswana Benin Belarus Bangladesh Azerbaijan Argentina

SLoCaT Partnership Research 2014

  • 20 countries have two or more sustainable transport projects funded by

climate finance mechanisms/frameworks

  • 24 countries have one sustainable transport project funded by climate

mechanisms

  • 151 countries have no sustainable transport projects funded by climate

mechanisms

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Climate Finance for Transport – Transformational in Direction?

  • Climate finance shows a current bias for Shift and Improve

projects; additional emphasis on Avoid projects is needed

  • Green Climate Fund is making right noises: transport +

programmatic approach

’ 24 9 12 2 47 8 (32) 1 (10) 11 14 10 (35)

1

2 (64)

CDM CTF NAMA GEF

Avoid Shift Improve Multiple* N/A (Total in italics)

SLoCaT Partnership Research 2014

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Key take aways

  • To late to pick winners: 2 Degree Scenario requires action

from all sectors now

  • COP 21 + SDG process set targets for action on transport (as

well as other sectors)

  • Climate is tail that wags the transport dog
  • Comprehensive financing strategy:

– Focused around public funding, assisted by private sector – For Climate (and MDB) funding to be effective their role needs to change from implementation to enabling + facilitating

  • Good news: change is increasingly happening

More tomorrow afternoon in 16.00 – 17.30 break-out session