Environment

OECD at UN Climate Change Conference in Lima (COP 20)

 

   
OECD side events   l   Other events   l   OECD publications stand   l   Useful links

                                                                

Lima COP20 UN climate Change Conference 2014

The 20th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 20) took place from 1-12 December 2014 in Lima, Peru.

The OECD actively participated through a series of OECD side events, a publications stand showcasing OECD latest work on climate and by taking part in a number of workshops, seminars and other events throughout the conference.

Spotlight

OECD participation focused on:

  • Policy frameworks at the national level to facilitate and mobilise investment in low-carbon, climate-resilient infrastructure. Building on the report “Towards a Green Investment Policy Framework: The Case of Low-Carbon, Climate-Resilient Infrastructure” (2012), the OECD has undertaken case studies to apply the framework to specific sectors (e.g. sustainable transport) and countries.   A forthcoming case study (2014) developed with CDC Climat – a subsidiary of the French Caisse des Dépôts – will consider the role of public financial institutions in scaling up private investment in low-carbon infrastructure. Lessons from these case studies will be gathered and assessed in a forthcoming book on green investment policy frameworks (2015).  Related work has examined in greater depth ways in which developing and emerging economies can identify and overcome barriers to private investment in clean energy infrastructure.  The "Policy guidance for investment in clean energy infrastructure" (2013) raises issues in the areas of investment policy, investment promotion and facilitation, competition, financial market and public governance policies. The OECD is now going to apply this tool in specific country contexts, through undertaking Clean Energy Investment Policy Reviews in selected countries.
  • Mapping channels for institutional investors (e.g. pension funds, insurance companies, investment companies, public pension reserve funds) to invest in sustainable energy infrastructure. A forthcoming publication to be published early 2015: "Mapping Channels to Mobilise Institutional Investment in Sustainable Energy" analyses 40+ recent investments by pension funds, and maps the channels (instruments and funds) through which clean energy infrastructure can be financed and the interventions (tools to mitigate risks and techniques to lower transactions costs) that can enable or facilitate these investments. It also provides recommendations for governments to address key barriers and facilitate greater investment by institutional investors.

  • Work by the Development Assistance Committee (DAC) on (a) improving the measurement and monitoring of climate-related development finance flows, through the OECD Development Assistance Committee (DAC) Creditor Reporting System (CRS) and the “Rio markers”. For the latest comprehensive figures on bilateral and multilateral climate change-related development finance flows, and further information, please visit the Rio Markers homepage; (b) exploring the links between development and climate change policy issues, with a focus on adaptation and effective development co-operation. For further information, see recent work of the DAC-EPOC Task Team on Climate Change and Development Co-operation and the Partnership for Climate Finance and Development).   

  • A Research Collaborative on Tracking Private Climate Finance: an OECD-led network of governments, research organisations and international finance institutions working towards improving the tracking of private finance for low-carbon,  and climate-resilient activities in developing countries and the ability to estimate its mobilisation by developed country public interventions. A synthesis report of learnings to date on various methodological options and underlying private climate finance data availability is being produced in time for COP20. Preliminary pilot measurements and ground-testing of methods to track private climate finance and estimate its mobilisation are foreseen for 2015.

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OECD Side Events 
Tracking public and private climate finance: towards improved data and increased transparency

Thursday 4 December, 13h00-15h00
EU Pavilion

This event included presentations and updates from the OECD DAC on climate-related development finance, the Research Collaborative on Tracking Private Climate Finance, international finance institutions, country delegates and non-governmental representatives. 


An expert panel also reflected on implications for the UNFCCC in relation to:

  • Recent achievements and developments in methods and data for tracking climate finance
  • What is needed to support a robust MRV system for climate finance?                   
  • What can be achieved ahead of and contribute towards Paris 2015?

 

For more information, consult the event page and the programme.

 COP 20-Research-Collaborative-side-event

Contacts: Raphaël Jachnik (raphael.jachnik@oecd.org) and Stephanie Ockenden (stephanie.ockenden@oecd.org)

The role of the 2015 agreement in mobilising climate finance and enhancing action on adaptation

Thursday 4 December, 15h30-17h30
EU Pavilion

This event discussed two central pillars of the post 2015 agreement: mobilising climate finance and enhancing adaptation to climate change. The OECD/IEA Climate Change Expert Group presented new analysis showing how the agreement could address challenges in the following areas: (i) current international institutional arrangements, (ii) in-country policy and regulatory environments, (iii) financial instruments and tools, and (iv) methodologies for transparency. 

This was followed by a presentation and panel discussion on how the 2015 agreement can support climate change adaptation, building on OECD’s work in this area. This focused on: i) progress of national initiatives to set goals and strategies for adaptation; ii) overcoming key barriers to building climate resilience; and iii) the evolving role of development co-operation in supporting adaptation.

Presenters:
  • Jane Ellis, OECD (PPT)
  • Michael Mullan and Jan Corfee-Morlot, OECD (PPT)
  • Jan-Willem van de Ven, EBRD (PPT)

For more information, consult the programme.     

 COP20-CCXG-Adaptation-side-event

Contacts: Jane Ellis (jane.ellis@oecd.org) and Michael Mullan (michael.mullan@oecd.org)   

                                                                           The role of domestic policies in mobilising climate finance

Friday 5 December, 15h00-16h30
Room Machu-Picchu

This side event was jointly organised by the Institute for Global Environmental Strategies (IGES) and the Organisation for Economic Co-operation and Development (OECD). It highlighted relevant OECD and IGES work on the role of domestic policies in mobilising climate finance, the progress of selected countries in developing a green investment framework, and the role of financing for the transfer of mitigation technologies.

Co-chairs: 

  • Dr Simon Buckle, Head of the Climate, Biodiversity and Water Division, OECD
  • Prof Hironori Hamanaka, Chair of the Board of Directors, Institute for Global Environmental Strategies (IGES)

Presenters:

  • Ms Geraldine Ang, Policy Analyst, Green Investment, OECD
  • Mr Christopher Kaminker, Economist/Policy Analyst, Climate Finance and Investment, OECD
  • Dr Yuqing Ariel Yu, Senior Policy Researcher, Climate Finance, Climate and Energy Area, IGES 


Panelists:

  • Ms. Aditi Maheshwari, Climate Policy Officer, International Finance Corporation (IFC)
  • Dr. Lu Xuedu, Advisor on Climate Change, Regional and Sustainable Development Department, Asian Development Bank (ADB)
  • Mr. Giles Dickson, VP Global Public Affairs, Alstom

Contact: Sama Al Taher Cucci (sama.altahercucci@oecd.org)

OECD participation at other COP 20 events 

Friday 5 December

10:0012:50: 
Energy Day at COP 20: Energy Solutions for the Climate, organised by the IEA, the World Business Council for Sustainable Development, and Inter-American Development Bank, IETA Pavilion.
OECD participant: Geraldine Ang

15:3017:30: Support to capacity building and climate strategies in developing countries, EU Pavilion.
OECD Speaker: Jane Ellis

15:00–16:30: Mitigation Potential of Urban Sustainable Low-Carbon Transport: Priorities for INDCs,NAMAs, SDGs.
Organizers : ITF-OECD and ITDP), Room Maranga.
OECD participant: Aimée Aguilar Jaber

15:3017:30:
 Urban climate change and climate finance, JICA Research Institute, Japan Pavilion.
OECD speaker: Jan Corfee-Morlot, OECD participant: Mariana Mirabile 

Saturday 6 December

13:00-14:30: Climate finance and the role of development finance institutions, JICA research institute, Japan Pavilion.
OECD speaker: Stephanie Ockenden, OECD participant: Mariana Mirabile 

15h30: Side event on the assessment and review of ‘intended nationally determined contributions’ (INDCs), EU Pavilion.
OECD Speaker: Jane Ellis

Sunday 7 December

8:30-6:00: Transport Day 2014, organised by the Partnership on Sustainable, Low Carbon Transport and Bridging the Gap Initiative, Sheraton Hotel.
OECD participant: Geraldine Ang

11:15–12:45: Global Landscapes Forum, The Westin Lima Hotel & Convention Center. 
OECD speaker: Simon Buckle

Monday 8 December

15:00-16:30:
 Protecting Health, Fighting Climate Change, World Health Organisation, Room Paracas.
OECD speaker: Simon Buckle

15:00-16:30:Green Growth: achieving development goals and ambitious climate policies, joint side event organised by the European Climate Foundation and the European Commission.
OECD speaker: Simon Upton

Tuesday 9 December

18:00-19:00: NCE side event on building better cities, land use and energy systems through a new climate economy, Brussels room, EU Pavilion
OECD participant: Simon Upton

19:00-22:00: Programme for Responsible Investment (organised by Lima Stock Exchange (BVL) and the Sura Group).
OECD participants: Robert Youngman and Christopher Kaminker

Wednesday 10 December

11:00-13:00: OECD-CPI-EIB Dialogue on Climate Finance Tracking – Learning from this year, challenges identified and topics for discussion amongst climate finance practitioners in 2015, EU Pavilion.
OECD participants: Simon Buckle, Jan Corfee-Morlot, Osamu Kawanishi, Stephanie Ockenden and Mariana Mirabile

15:00-16:30: FFSR side event on maximizing contributions to emissions mitigation from fossil-fuel subsidy reform, Room Machu Picchu. 
OECD speaker: Simon Buckle

16:45-18:00: Moving forward on the road to Paris, closing session, World Climate Summit 2014, Hilton hotel, Lima.
OECD moderator: Simon Upton     World Climate Summit COP 20 Logo‌        

OECD publications stand

 


The latest OECD analyses on climate change was showcased at our stand. It was an opportunity to meet OECD staff and find out more about our work on climate.

 

 

COP 20 - OECD stand

Media contact 

For media information, please contact: Catherine.Bremer@oecd.org

Useful links

 

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