New Developments in Role of Climate Finance and ODA for Sustainable Transport

EVENT INFORMATION

Background

Domestic public sector budgets are the major source of finance for land transport today but are insufficient to meet the needed investment in sustainable, low-carbon transport systems to address the Global Goals on Sustainable Development and a new global agenda on climate change expected to be agreed upon at COP21.

Official Development Assistance (ODA) for transport only represents a few percent of the quantity of domestic finance and is not expected to increase in line with need. Climate Finance has not been a catalytic source of funding for transforming the transport sector to date but can play a greater role in future.

Scope and objectives

The International Expert Group on climate finance for sustainable transport established by the GIZ TRANSfer project initiated research to help ensure that climate finance is used effectively to promote sustainable transport and realize its large GHG emission reduction potential.

A recent output of the International Expert Group is a Discussion Paper entitled “A Systematic Approach for the Use of Climate Finance for Sustainable Transport.” This peer reviewed paper aims to answer two key questions:

  • What particular role can International Climate Finance play that differs, or complements, relevant sources of conventional Official Development Assistance (ODA), domestic and private sector finance?
  • How can International Climate Finance be applied in a more systematic way to assist to scale-up sustainable, low-carbon transport by meeting the needs of proponents, potential financiers and other stakeholders?

Since a key role for climate finance is to complement ODA, hearing the views on new opportunities for ODA and the leadership role of the multi-lateral development banks is a priority. The role of current international climate funds on how they see the way forward is also important.

Agenda

Moderator: Dr. Soren E. Lutken, Senior Climate Finance Adviser, NAMA Facility

Speakers:

  • Heather Allen, Adviser, GIZ TRANSfer project/ Partnership on Sustainable, Low Carbon Transport (SLoCaT) 
    • A Systematic Approach for the Use of Climate Finance for Sustainable Transport
  • Pierre Guislain, Senior Director for the Transport and Information & Communications Technology (ICT) Global Practice, World Bank 
    • Role of ODA in scaling up sustainable, low-carbon transport, how it differs with climate finance and where leadership of the MDBs is needed
  • Xiaomei Tan, Climate Change Specialist, Global Environmental Facility
    • Changing perspectives on role of climate finance for sustainable, low-carbon transport to address sustainable development and climate change concerns

Respondents:

  • Naeeda Chrishna Morgado, Policy Analyst, OECD
  • Patrick Oliver, Senior Vice President in charge of External Relations – Sustainable Mobility and Energy Transition, Michelin Group

Information on the organizers

The GIZ TRANSfer project is funded by the International Climate Initiative of the German Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB). Its objective is to support developing countries to develop and implement climate change mitigation strategies in the transport sector as “Nationally Appropriate Mitigation Actions” (NAMAs). For more information see: http://www.transferproject.org

The Partnership on Sustainable, Low Carbon Transport promotes the integration of sustainable, low transport in global policies on sustainable development and climate change. It carries out its activities with active involvement of its approximately 100 member organizations. The SLoCaT Partnership facilitates the GIZ TRANSfer project’s International Expert Group on climate finance for sustainable transport. For more information on the SLoCaT Partnership see: http://www.slocat.net

Further information on GIZ TRANSfer project’s International Expert Group can be accessed at: (http://transport-namas.org/expertgroup/expert-group-on-climate-finance-for-sustainable-transport/).

Date:

December 8, 2015

Time:

16:00 - 17:30

Venue:

Dutch Pavilion-Blue Zone, COP 21 Venue, Paris

Organizers:


Contact Person

Phil Sayeg: phil.sayeg@slocatpartnership.org