world bank/imf spring meetings april 14, 2011 world bank/imf spring meetings april 14, 2011

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Financing Adaptation – The Global Environment Facility World Bank/IMF Spring Meetings April 14, 2011

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Page 1: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Financing Adaptation – The Global Environment Facility

World Bank/IMF Spring Meetings

April 14, 2011

Page 2: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

What is adaptation to climate change? The process by which humans and ecosystems

take urgent and concrete steps towards reducing absolute losses and vulnerability from negative effects of climate change (including variability).

The UNFCCC Secretariat defines adaptation as “practical steps that are vital to protect countries and communities from the likely disruption and damage that will result from effects of climate change”.

Page 3: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

The Role of GEF on AdaptationIn 2001, the UNFCCC

requested the GEF to finance pilot or demonstration projects to show how adaptation planning and assessment can be practically translated into projects that will provide real benefits.

2 Funds were established for this purpose, to be managed by the GEF: Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF)

Page 4: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

LDCF – Concrete Actions for the Most Vulnerable This Fund is designed to

meet the special needs of the Least Developed Countries (LDCs) under the Climate Convention to finance the preparation and the implementation of the National Adaptation Programs of Action (NAPAs)

33 out of the 48 LDC’s are located in Africa, which is the region that has received most LDCF funding.

Africa LAC Asia MENA Pacific and other

SIDS

0

10

20

30

40

50

60

70

LDCF: Regional distribution

Perc

enta

ge

Page 5: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

What are NAPAs?A NAPA is the process

under which an LDC can identify priority activities that respond to their urgent and immediate needs to adapt to climate change.

44 out of 48 LDCs have already submitted their NAPA documents with funding from LDCF.

Page 6: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

LDCF- Resources In FY2010 alone, LDCF

project approvals amounted to $24 million in grants for 7 projects.

Historically, LDCF has approved US $112.6 million for 37 projects and mobilized more than US $212 million in co-financing.

Current pledges amount to $345 M, and there are approx. $10 M available per LDC under equitable access

2003 2008 2009 20100

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000$112,699,288

Cumulative LDCF Project Approvals

Year

US $

Page 7: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

SCCF- Mainstreaming Adaptation across the Globe The SCCF covers implementation

of adaptation activities in the areas of water resources management, land management, agriculture, health, infrastructure development, fragile ecosystems, including mountainous ecosystems, and integrated coastal zone management.

SCCF is available for all developing countries.

4 windows of financing including Adaptation (priority window) and Technology Transfer.

It finances longer term time horizons, rather than short-term activities.

Africa

LACAsi

a

MENA

Easte

rn E

urop

e/Cen

tral

Asia

Pacifi

c an

d ot

her S

IDS

Globa

l0

1

2

3

4

5

6

7

8

9

10

SCCF: Regional distribution - by number of projects

Num

ber

of

pro

jects

Page 8: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

SCCF – ResourcesThe total number of

approved projects for SCCF is 22, totaling $92.23 million

As of today, the total pledges for SCCF are approximately US $179 M. Therefore, the total amount of resources still available are approx. US $87 M.

2006 2007 2008 2009 20100

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000

$96,819,990

Cumulative SCCF Project Approvals

Year

US $

Page 9: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Adaptation under GEF Trust Fund – the SPA The Strategic Priority on

Adaptation (SPA), a US $50 million allocation inside of the GEF Trust Fund, was established to support pilot and demonstration adaptation projects that provide real benefits and can be integrated into national policy and sustainable development planning.

The SPA portfolio is now completed. It consisted of 26 projects (17 FSP and 9 MSP) amounting to US $48.3 million. The SPA initiative helped leverage $649 million in co-financing.

Africa Asia ECA Global LAC MENA0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

SPA Grant distribution by Region

Page 10: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

GEF Adaptation Actions in SIDSThe GEF has financed

adaptation projects in 26 SIDS, through 17 projects under the LDCF, SCCF and SPA.

The total grants for these projects amounts to US $59 M. These projects have leveraged $145.3 M in co-financing.

Page 11: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Main Activities in SIDSMain activities financed

by LDCF, SCCF and SPA on SIDS include:

1. Water management2. Strengthening institutional

capacity and raising awareness

3. Pilots on restoring natural coastal buffer zones and coastal erosion prevention

4. Reduce risk of sea-induced flooding and predicted sea level rise

5. Community-based pilots in water supply management and agricultural livelihood protection

6. Waste water management7. Pilots on climate resilient food

production: climate resilient small ruminant breeding, use of short cycle seeds, micro-reservoirs, improved grain storage.

8. Training of key national stakeholders on adaptation planning

9. Mainstream adaptation in development plans and policies

Page 12: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

SIDS Resources Distribution

AFR Asia LAC$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

$40,000,000

Regional Distribution of SIDS projects

9 projects

4 projects

4 projects

LDCF SCCF SPA$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

$40,000,000

Distribution of Re-sources in SIDS, by Fund

Page 13: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Samoa:Integrated Climate Change Adaptation in SamoaCC Vulnerabilities: Sea Level Rise loss of land and salt

intrusion into freshwater loss of livelihood

Increased storm activity flooding, loss of life, crops and infrastructure

Increasing frequencies of climate related health problems

Increasing intensity of both rainfall and drought loss of crops and agricultural productivity

Adaptation Actions: Improvement of health sector capacity Pilot measures on agriculture and food

security Improving and disseminating seasonal

forecasts Improvement of Early Warning System

Outcomes: Decreased loss of life to tropical disease Increased food and water security Decreased loss of life and livelihood from

climate disaster events

Page 14: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Kiribati – Kiribati Adaptation Pilot Phase IICC Vulnerabilities: The islands’ atolls rise only 2 m above sea level,

vulnerable to climate variability and weather events.

Threats include increased temperatures, more frequent droughts and storms, frequent seawater flooding, alarming rising sea levels and erosion of the coasts.

Adaptation Actions: Communities engaged in the planting of 37,000

mangrove seedlings which act as seawall and provide a natural habitat for marine life

National Water Strategy has been adopted. Successful promotion of adaptation actions in all

Ministry Operational Plans. The Government has demonstrated solid

commitment to a long-term national response to climate change.

Outcomes: Participatory approach of key stakeholders

including national institutions, civil society and donor agencies.

Expected increase in food security. Best practices in application of risk

management, environmental assessment and options analysis, applied on pilots in public infrastructures and on operational planning programs for climate affected ministries.

Page 15: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Pacific Adaptation to Climate Change (PACC): Cook Islands, Federated States of Micronesia, Fiji, Nauru, Niue, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu, Marshall Islands, Palau

CC Vulnerability Decreased water availability Decreased food production Loss of land and coastal infrastructure

Adaptation Actions Raising of awareness and capacity for

climate change risks at all levels. Locally relevant pilot measures

including: Innovative farming and water

management techniques Introduction of new crops better

suited to changed climate conditions

Installation of breakwater at important harbors

Climate proofing of existing roads

Outcomes: Negative effects of climate change on

local livelihoods and economy minimized.

Page 16: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

How to access LDCF and SCCF Funds? ’Accessing resources under the Least

Developed Countries Fund’ GEF/LDCF.SCCF.9/5/Rev.1 available at the GEF website

’Accessing resources under the Special Climate Change Fund’ GEF/LDCF.SCCF.9/6/Rev.1 available at the GEF website

Page 17: World Bank/IMF Spring Meetings April 14, 2011 World Bank/IMF Spring Meetings April 14, 2011

Thank you!Bonizella BiaginiHead Climate ChangeAdaptation

E-mail: [email protected]

Phone: 202. 458. 7506Website:

www.thegef.org