International Energy and Climate Initiative – Energy+
Hans Olav IbrekkPolicy Director – Energy+
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Design Principles – Energy+
Country-driven
Best-practice technical support for policy reforms
Use public funding to enable the business case
Phased introduction of results-based donor funding “cash on delivery”
Indicators to measure performance – access and avoided emissions
Use existing programs and institutions to limit transaction costs
Social and environmental standards4
Phased Country Approach –Flexibly Applied
5
National Energy-Climate Strategies or Action Plans
Readiness Phase
Results-based donor funding to Increased Access to Energy and Emission Avoidance
Performance Payments Phase
Capacity building, Reforms, Support schemes, Investments, MRV
Implementation - “Energizing” - Phase
3rd Phase: Results-Based Funding on Sector Level
6
MRV
$$++
$
Business opportunities
Lower riskHigher reward
Energy+
National authoritie
s
$$
Local and internatio
nal companie
s
AccessAvoided
emissions
Incentives- Price based- Quantity based - Fiscal and financial- Voluntary- Carbon tax- Laws & regulation- Etc…
Private sector dev.- Competence- Clustering- Demos- Etc…
Private sector - key
• Success hinges on several factors• Making markets attractive• Supporting development of national plans• Gathering and disseminating information• Support development of framework• Innovative and alternative financing models
Energy+ and UNFCCC
• Sectoral approach• Supported NAMAs• Performance monitoring – MRV• Green Climate Fund ready• Complicance markets - future• Demonstrate through botto-up
The Partnership - Aimed at Serious Results Designed for those capable of
building momentum Policy Technical support Finance
Action and results on the ground Not only a knowledge-sharing
forum Partners’ offer depends on
national/regional setting9
Current Partners and the Way Forward
Oslo
Durban Davos
Rio+20
Open to all interested actors Modalities to be agreed upon Formalization by Rio+20
Energy+ Technical Working Group Comprised of representatives of partners
UNEP, World Bank, ADB, UNDP, WRI, KfW, WBCSD, UNF, private sector
Convenor: David Reed, WWF US Provide an overview and description of
the core elements of the Energy+ approach
Nine thematic areas Role of private sector, incentive
framework, LCDS, policy, regulatory, institutional, three-phase appraoch, results-based funding, MRV, registry, political economy
Draft report by mid January – final mid February
Coordination with SE4ALL11
Further information:
Energy+ Team – Ministry of Foreign Affairs, Norway