Transcript Mr. Hans Olav Ibrekk, Norwegian Ministry of Foreign Affairs

International Energy and Climate
Initiative – Energy+
Hans Olav Ibrekk
Policy Director – Energy+
---
The analysis is done
---
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 standards
4
Phased Country Approach –
Flexibly Applied
Readiness Phase
National Energy-Climate Strategies or Action Plans
Implementation - “Energizing” - Phase
Capacity building, Reforms, Support schemes, Investments, MRV
Performance Payments Phase
Results-based donor funding to Increased Access to Energy and Emission Avoidance
5
3rd Phase: Results-Based Funding on Sector Level
Lower risk
Higher reward
MRV
National
authorities
Energy+
$
Access
Avoided emissions
6
Incentives
- Price based
- Quantity based
- Fiscal and financial
- Voluntary
- Carbon tax
- Laws & regulation
- Etc…
Private sector dev.
- Competence
- Clustering
- Demos
- Etc…
$$
Business
opportunities
Local and
international
companies
$$++
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 setting
9
Current Partners and
the Way Forward
Davos
Rio+20
Durban
Oslo



Open to all interested actors
Modalities to be agreed upon
Formalization by Rio+20
Energy+ Technical Working Group





11
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 SE4ALL
Further information:
Energy+ Team – Ministry of Foreign Affairs, Norway
[email protected]