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[International] || Global Environment Facility

1.    Financing Sustainable Energy Projects

Role of the GEF in Financing Sustainable Energy

Catalytic
– Leveraged more than $15b in co-financing Innovative
– Leader in financing new, emerging technologies and practices (e.g., concentrating solar power, solar PV, geothermal, fuel-cell buses, bus rapid transit systems)
– Pioneer in supporting market-based approaches (e.g., ESCOs) and innovative financial instruments
Transformational
– Supported the development and implementation of energy efficiency appliances standards, buildings codes, renewable energy laws and regulations in dozens of developing countries and economies in transition
Cost-effective
– More than 2.5 billion tons of CO2 avoided directly and indirectly from GEF projects

COP14 Poznan Strategic Program on Tech Transfer
Tech transfer window in GEF-4
– Support for technology needs assessments $9m approved to support up to 45 countries to prepare/update TNAs
– Support for technology transfer pilot projects $38m TT pilot projects to be approved by
Council in November
– Dissemination of successfully demonstrated technologies and know-how

Requested the GEF to consider long term implementation of a strategic program on TT
– Draft GEF-5 strategy featuring technology transfer as a key objective

Proposed GEF-5 Strategy
•    Promote the demonstration, deployment, and transfer of advanced low-carbon technologies
•    Promote market transformation for energy efficiency in industry and the building sector
•    Promote investment in renewable energy technologies
•    Promote energy efficient, low-carbon transport and urban systems
•    Conserve and enhance carbon stocks through sustainable management of LULUCF
•    Continue to support enabling activities and capacity building

Contact:
Zhihong Zhang, Ph.D.
Coordinator, Climate Change Mitigation
Global Environment Facility
Email: zzhang2@thegef.org
Tel.: (202) 473-9852
Website: www.TheGEF.org



Category/ies:Funding Opportunities.
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