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

hoi@mfa.no