Transcript – The GEF – Overview and Update GEF Expanded Constituency Workshop 19-21 March 2013 Siem Reap, Cambodia.

– The GEF –
Overview and Update
GEF Expanded Constituency Workshop
19-21 March 2013
Siem Reap, Cambodia
History of the GEF
1991
$1 billion
pilot
program in
the WB
1992
At the Rio
Earth Summit,
negotiations
started to
restructure
the GEF out
of the WB
2013
1994
Instrument for
the
Establishment
of the
Restructured
GEF
GEF serves as financial
mechanism for:
CBD
UNFCCC
Stockholm Conv. on POPs
UNCCD
Mercury (NEW)
Initial
partners:
WB, UNDP,
UNEP
Also, although not linked
formally to the Montreal
Protocol, the GEF supports
its implementation in
transition economies.
World’s
largest public
funder of
projects and
programs to
benefit the
global
environment
GEF Trust Fund
Institutional Framework
Guidance
Operations
STAP
GEF Assembly
Countries: Council Members
/ Constituencies
Conventions
CBD
UNFCCC
Stockholm (POPs)
UNCCD
Montreal Protocol
Mercury
GEF
Trustee
Projects
GEF Council
•
•
•
•
•
•
Action
Evaluation Office
GEF
Secretariat
GEF Agencies
• UNDP
• UNEP
• WB
• ADB
• AfDB
• EBRD
• FAO
• IaDB
• IFAD
• UNIDO
Countries:
• GEF OFPs / PFPs
• Convention FPs
• Other Gov’t Agencies
• NGOs / CSOs
• Private Sector
Responsibility of GEF Agencies (1 of 2)
Implementing Agency – Project Oversight
– Ensure quality of preparation
– Disburse funds to Executing Agency
– Supervise implementation
– Be accountable to GEF Council
– Keep GEF OFP informed
– Help secure committed co-financing
Responsibility of GEF Agencies (2 of 2)
Executing Agency – Project Management
– Deliver project outcomes
– Day-to-day management of funds
– Report on results and use of funds
System for Transparent Allocation of Resources (STAR) (1 of 2)
 Biodiversity, Climate Change, and Land Degradation
 All countries have individual allocations
 Minimum allocations:
$2M
in CC
$1.5M
in BD
$0.5M
in LD
 Flexibility for smaller overall allocations ($7 M)
System for Transparent Allocation of Resources (STAR) (2 of 2)
Programs without Allocations:
• International Waters
• POPs & Sound Chemicals Management
• Sustainable Forest Management
• Enabling Activities
• Cross-cutting capacity development
• Country Support Programme
• Regional & Global Projects & Programs
• Small Grants Programme
• Private Sector Engagement
GEF-5
STAR Allocations
GEF-5
Replenishment
US$4.25Bn
STAR Envelopes (M US$)
CC
BD
LD
Total
Bangladesh
9.65
1.88
1.12
12.65
Bhutan
2.00
1.96
0.53
4.50
Cambodia
2.21
3.85
1.22
China
149.60
52.67
India
93.75
Lao PDR
PIFs cleared
Allocation
by CEO
awaiting
Utilized
approval (M (M US$)
US$)
Total
Flexible
9.925
No
3.7
Yes
7.28
5.55
No
9.42
211.69
154.75
No
30.58
5.10
129.43
90.15
No
3.26
6.11
1.49
10.86
5.58
No
Malaysia
14.24
14.66
1.41
30.31
18.33
No
Mongolia
3.19
4.33
3.34
10.86
7.5
No
Myanmar
7.12
6.72
1.51
15.35
0
No
Sri Lanka
2.67
7.84
2.16
12.68
.95
No
Thailand
20.10
9.05
2.48
31.63
8.861
No
Vietnam
13.89
12.12
1.50
27.52
15.95
No
Country
Total
.79
2.4
.2
2.4
GEF-5 Project Cycle (1 of 4)
 PIF submitted on a rolling basis
 18 months preparation for FSP: Council
approval/ CEO Endorsement
 12 months preparation for MSP: only if PPG
requested  PIF approval/project document
approval
GEF Project Cycle (2 of 4)
For FSPs
Council approval of
Work Program - PIFs
cleared by the CEO
Project implementation
continues to completion
- terminal evaluation
and financial closure
GEF Agency approval of
project –
Implementation starts
CEO endorsement
of project
GEF Project Cycle (3 of 4)
Specific Project Cycle Steps
MSPs and EAs:
Approved by the CEO on a rolling basis
Programmatic Approaches:
Currently under review
GEF Project Cycle (4 of 4)
Streamlining Measures
1.
2.
3.
4.
5.
PPG included in PIF template
MSP ceiling - $2 million
All templates simplified
Milestones monitored by GEFSEC
Agency fees:
40% at Council approval
60% at CEO endorsement
6. Umbrella projects for EAs approved by Council – No separate
endorsement for individual projects.
Harmonization
Oct 2012: WB Harmonization Pilot discussion starts with the WB
Objective
To reduce administrative burden through involvement
of GEF’s Program Managers in project design.
What has been harmonized
1)No Parallel Process for Decision Making
2)No GEF Review Sheets
3)No GEF-specific Project Templates
4)New business standard: from a 10 to a 5-day response
Other Funds – LDCF, SCCF, NPIF, AF
Additional Trust Funds
Managed by the GEF
Least Developed
Countries Fund
(LDCF)
Special Climate
Change Fund
(SCCF)
Secretariat Services
Provided by the GEF
Adaptation Fund (AF)
Nagoya Protocol
Implementation
Fund (NPIF)
LDCF & SCCF
LDCF
SCCF
• Established to address the
special needs of LDCs under
UNFCCC
• Only existing Fund mandated
to finance the preparation and
implementation of NAPAs
• Available to all developing
countries, parties to UNFCCC
• Established to support
Adaptation and Technology
Transfer activities, short and
long-term
– 49 NAPAs funded already and 84
LDCF projects approved
– LDCF resources now amount to
USD 540 M.
– 41 adaptation projects
approved, 6 for technology
transfer
– SCCF resources now amount to
USD 242 M.
NPIF
A separate trust fund created
and managed by the GEF
– Established in Feb 2011
– Funds are additional to
STAR allocations
Funds projects that:
– Provide actual Access and
Benefit Sharing (ABS)
– Promote technology transfer &
private sector engagement
– Review capacities and needs
on ABS with focus on existing
policies, laws and regulations
Adaptation Fund (1 of 3)
A separate trust fund
–
–
–
–
–
Managed by the Adaptation Fund Board (AFB)
GEF provides secretariat services
World Bank as trustee
Established in 2007
Under Kyoto Protocol
Resources
• 2% from monetized CERs
• Annex-I parties contributions
• Current Funding Availability:
– US$ 123.7M
Adaptation Fund (2 of 3)
Governance – AF Board
- The AF Board is composed of 16 members and 16 alternates
- A majority of members represent developing countries
- AFB meets 3x a year, generally in Bonn
- 2 representatives from each of the 5 UN regional groups
- 1 representative of the SIDS
- 1 representative of the LDCs
- 2 other representatives from Annex I
- 2 other representatives from non-Annex I
Adaptation Fund (3 of 3)
Access Modalities
• National Implementing Entities (NIE) – Direct Access
• Regional & Sub-Regional Entities (RIE)
• Multilateral Implementing Entity (MIE)
Multilateral Implementing Entities
• The 50 % cap reached at the 19th Board meeting
• Pipeline established
National / Regional Implementing Entities
• AF offers Project Formulation Grants
Green Climate Fund (GCF) (1 of 2)
• UNFCCC: An operating entity of the financial
mechanism
– Mission: to support projects with a balanced allocation
between CCA and CCM
– World Bank as Trustee
• Head Office: Incheon, South Korea
Green Climate Fund (GCF) (2 of 2)
Governance – GCF Board
– The GCF Board has 24 members and 24 alternates
– Composed of an equal number of developing and developed countries
– Including representatives of relevant UN regional groupings and
representatives from SIDS and LDCs
– With necessary experience and skills, given gender balance
– Selected by their respective constituency or UN regional group
– 3-years term, eligible to additional terms
– 2 co-chairs (one from a developed, another from a developing country)
– Two-thirds of Board members needed for a quorum
– Decisions by consensus
Broadening the GEF Partnership
• GEF Council May 2011:
– Approval of a pilot to accredit up to 10 new
institutions to serve as GEF Project Agencies
– At least 5 national institutions with size and
regional balance
– Eligibility: national institutions, regional
organizations, CSOs/NGOs, UN specialized agencies
and programs, other int’l organizations
Public Private Partnerships in GEF-5 (1 of 3)
GEF-5 Private Sector Strategy: 3 Modalities
1. Establish Public-Private Partnership (PPP) Programs with
multilateral development banks (MDBs) to support
investments using non-grant instruments
2. Encourage countries to use STAR allocation grants for
projects with private sector investments using non-grant
instruments  $ 30 M available now (very positive)
3. Support SME competitions to facilitate technology
transfer and entrepreneurship
Public Private Partnerships in GEF-5 (2 of 3)
Non-Grant Instrument
• Under the GEF instrument, a form of concessional finance that
has the potential to earn a return (or reflow)
• Reflows are available to expand the pool of GEF resources
available for future investments.
Examples:
– Contingent Grant
– Credit Guarantee or Risk Guarantee Fund
– Equity Fund Investments
– Concessional Loans
– Performance Risk Guarantee
– Revolving Fund
– Risk Sharing Fund for Loan Provision
Public Private Partnerships in GEF-5 (3 of 3)
PPPs – Current Status
• The GEF June Work Program included two new PPPs
– $20 Million with AfDB for renewable energy loans
– $15 Million with IDB for equity investments in clean energy
and bio-diversity
– UNIDO is coordinating to identify countries that wish to
pursue SME competitions as MSPs
New GEF Fee Policy
Start Date
• The Council requested the Secretariat to begin
implementation of the new structure beginning 01 Jan 2013.
Percentages
• All projects approved/cleared by CEO will be subject to the
new fee policy as follows:
• 9.5% for GEF project grants up to and including $10 million
• 9.0% for GEF project grants above $10 million
GEF-6 Replenishment (1 of 3)
Replenishment: process in which donor countries, every 4 years, voluntarily
pledge to provide resources to fund the GEF operations.
Previous Replenishments
GEF-6 Replenishment (2 of 3)
Composition
• GEF Trustee (Chair)
• GEF CEO (Co-Chair)
• Donors:
• Minimum contribution SDR 4 M
• Recipients: 4 representatives
• (representing AFR, Asia/Pacific, ECA, and LAC)
• CSOs/NGOs:
• 2 representatives
• Observers:
• A) Potential donors B) GEF Agencies C) Conventions
GEF-6 Replenishment (3 of 3)
Process: Timetable
•
•
•
•
April 2013 (Paris)
Sept. 2013 (TBD)
Nov. 2013 (Washington)
Feb. 2014 (TBD)
Core Documents
• Documents
– Strategic Positioning
– Programming
– Policy
• GEF2020 Strategy
• OPS5 (GEFEO)
CEO Vision Statement
Time for Transformational Change – The role of the GEF
The GEF is uniquely positioned to support the stewardship
of the global environmental commons
The GEF must be: a champion of the global commons, an innovator, the
partner of choice for environmental benefits, a catalyst in the evolving
architecture of environmental finance
Principles in Action:
Collective leadership and effective communication,
Promoting country ownership,
Resolute focus on achieving results, a lean and efficient organization
GEF 2020
A long-term strategy for the GEF
Context
The global
environment
is in crisis
Key Questions for the GEF
Transformational change is needed
1) What is the GEF operating context today and
what are the trends that should drive its focus?
2) What are the areas/activities that the GEF is in
the best position to support?
3) How can the GEF maximize its potential as
catalyst for sustainable change at scale?
4) Which actions can the GEF take in the short,
medium and long-term to implement the vision?
GEF Online Resources
Website – www.TheGEF.org
–
–
–
–
–
–
PMIS
Council Member List
– Username and Password
Focal Point List
– Pre-PIF Tracking Tool
Country Profiles
– Project Information:
• Where to find PIFs, PFD, PIRs
Country Fact Sheets
Country Support Programme
Documents & Publications
Social Media
• Council Documents
– facebook.com/thegef1
• Work Programs
– twitter.com/thegef
• Program Management Bulletin
– youtube.com/gefsecretariat
• Publications/Videos
– Templates – PIF, EAs
Thank you for your attention!
Questions?
The Global Environment Facility
1818 H Street, NW, Mail Stop P4-400 - Washington, DC 20433 USA
Tel: (202) 473-0508 Fax: (202) 522-3240/3245
www.thegef.org / [email protected]