Jordan Final Market Readiness Proposal - the PMR...Jordan’s Final Market Readiness Proposal (MRP) PA 14 – Lima – April 27, 2016 3 MRP ObjecHve and Focus • Long term aim: scaled-up

Jordan’sFinalMarketReadinessProposal(MRP)PA14–Lima–April27,2016

JordanFinalMarketReadinessProposal

PA14–Lima,PeruApril27,2016


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Agenda

1.  MRPObjecHvesandFocus

2.   Comments/SuggesHonsreceived

3.   UpdatestothedraPMRP

4.   SummaryofbudgetandHmelines


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MRPObjecHveandFocus

•  Longtermaim:scaled-upcredi4ngmechanism.TheMRPpresentsthe1stpartofaplan,takingJordanfromaveryearlystageofmarketreadiness,tothisgoal.

•  MindfulofthePMRpriori4es,thefocusofthePMRac4vi4esintheini4al

implementa4onphase(IP):§  developmentofarobustMRVframeworkandtechnicalassistanceto

enhancethecapacityandreadinessofpublicandprivatesectoractorsforclimatefinancingandmarketinstruments.

•  Keyac4vi4es:

AxisA:DeveloprobustMRVframework,buildingonexis4nginforma4onAxisB:S4mulatepipelineofGHGmi4ga4onac4vi4es,throughtechnicalassistanceandcapacitybuildingoftheprivatesector,andproject&fundingmatch-making

•  Principles:

•  Engagement,alignmentwithsimilargovernmental,privatesectoranddonorac4vi4es.

•  ‘No-regrets’.


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MRPRevisionProcess

TimelineofrevisionstothedraPMRP

July-Sept.2015:DraTMRPwassubmiUedfollowing2roundsoffeedbackfromexpertreviewers-AlyssaGilbert(Grantham,Imperial,UK),FrancoisBoulanger(NODALISConseil,France).October2015:Submissionofthe1stDraTMRP29thOctober2015:Atthe13thPA,verbalques4onsreceivedfromthesepar4es:•  EBRD,Turkey,Japan,UK,SpainandECJan2016:Addi4onalwriUenques4onsandcommentsfromtheUK.Jan–April2016:ReviewandupdateofthedraTMRPbythecorePMRteam,takingintoconsidera4onthecommentsandques4onsreceived,inordertosubmitthefinalMRPforsubmissionatthe14thPA.April2016:SubmissionofthefinalMRP


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Comments/SuggesHonsreceivedatthe13thPA

ThealignmentwithPMRprioriHes

•  Historically,PMRsupportsachievingGHGmi4ga4ontargetsthrough:•  buildingcapacityandinfrastructureforrobustMRVs;•  designinglocallyrelevantMBIs;•  andsuppor4ngimplementa4on.

•  DespitestrongMBIsupport,significantcapacitydevelopmentandrobustins4tu4onal(MRV)frameworkarepre-requisitesforfurtheriden4fyinganddesigninganMBI.

•  Ini4alimplementa4onphasefocusesonextensiveTechnicalAssistance(TA)andCapacityBuilding(CB),inpublicandprivatesector,inordertodevelopamulH-HerMRVframework,andsupportcrea4onofapipelineofmi4ga4onac4vi4es.

•  Extensiveengagementwiththepublicandprivatesectorstakeholderswillenabletheiden4fica4onofpoten4alinstruments,crea4ngincen4vesforgreaterengagement,iden4fyingdomes4csourcesofdemand.

•  GivenJordan’ssocio-economiccondi4onsandna4onalpriori4es,thisapproachisdeemedtoprovidetheappropriatepathwaytoachievingthePMRpriority.


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InterplaybetweenPMRfundingandotherfundingavailableforGCFreadiness;NAMAs,etc.

•  CCDisfocalpointofCCac4vi4es,NDAforGCF;CCDproac4velybuildscomplementaritybetweenthevariousfundingsources

•  PMRProjectwillimprovecoordina4onofdonorac4vi4esonCC:o  MRVtrackingsystemo  DonorcommiUeeaspartofthegovernancestructure–provideinputs

andiden4fysynergies

ChangestotheDraPMRP:donorcommiUeehasbeenaddedtothegovernancestructureoftheMRPac4vi4es


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AlignmentbetweenINDCdevelopmentandthePMRacHviHes,especiallyregardingthetop-downMRV

•  MRPwasdevelopedinparallelwithINDC,ledbytheCCD,andinvolvingmanyofsamestakeholders.

•  CoreMRPac4vi4es-MRVframeworksandpublicandprivatesectorengagement–willenablethetrackinganddevelopmentofINDCmi4ga4onac4vi4es.

•  TheMRVframeworkwilloperateatna4onal,sectoral,agency/fundandprojectlevels,enablingtop-downandboUom-upMRV.ThiswillcoverthetrackingoffocalNDCmi4ga4onac4vi4es.

•  TheCCDasfocalpointforPMRandUNFCCC.AsNDCtrackingrequirementsbecomesclearer,itisintendedthatthePMRprojectbeadaptedaccordingly.


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Strengtheningtheemphasisonprivatesector

Astrongprivatesector,capableofdeveloping,financing,andimplemen4ngmi4ga4onprojectsisfundamentaltoachievementofmi4ga4onobjec4vesinJordan.ThePMRac4vi4esseektoaddresskeychallengesfacingprivatesector(financiersandprojectdevelopers),through:1.  ClimateFinanceCapacityBuildingProgrammeandPartnership2.  TechnicalassistanceonMRV3.  Analy4calstudies–MBIstoincen4viseREandEEClosecollabora4onwithIFCandotherdevelopmentpartners(USAID,AFDetc.)tocarrytheseout

ChangestotheDraPMRP:•  Re-draTingandclarifica4onsec4on4.1andintroduc4on-PrivateSectorChallenges•  Ac4vityB1(ForumforLowcarboninvestment),replacedwith

o  B2.ClimateFinanceCapacitybuildingprogrammeo  B3.PartnershipforClimateAc4on

•  Newac4vity:B7.Studyofdomes4cmarketopportuni4esinJordan


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FundingforsubsequentimplementaHonphasesJordan’sMRPenvisagesac4vi4esbeyondthePMRimplementa4onphase.Thefirstpriorityisthesuccessfulimplementa4onofac4vi4esoftheMRP.CCwillremainhighpriorityareasforJordan,asperVision2025andGreenEconomystrategyInaddi4on,thefollowingac4onshavebeentaken,toensuresustainability:•  Anewac4vityhasbeenaddedtosupportthePMUinfundraisingforfutureimplementa4onphases•  Focusoncapacitybuildingandlas4ngframeworks–inMRVandprivatesectorengagement•  Regula4ngMRVframeworks•  Innova4vebusinessmodelsforprivatesectorengagementac4vi4esChangestotheDraPMRP:•  Introductorysec4onadded:“EnsuringthesustainabilityofPMRac4vi4esgoingforwards”•  Ac4vityB4reviewedandrenamedto“Upstreampolicyanalysisforcoherence”,includingabroader

reviewofcoherence/contradic4onsofkeypolicyandregula4on.•  Ac4vityadded,AxisA:“NeedAssessmentandRecommenda4onforlegisla4veamendmenttosupport

MRVframework”.•  Developmentofbusinessmodelsaddedtonewac4vi4esB2.ClimateFinanceCapacitybuilding

programmeandB3.PartnershipforClimateAc4on•  Ac4vityaddedforthePMU:Supportforfinancingsfutureimplementa4onphases.


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LevelofcommitmentfortheMRP

TheMRPhashigh-levelcommitment.•  EndorsedandapprovedbyMinisteroftheEnvironment,H.E.Dr.TaherR.Shakhashir,whositsontheJordanianCouncilofMinisters.•  FacilitatedbytheSecretaryGeneraloftheMoEnv,coordinatoroftheNCCC• MRPdevelopedbyamul4-agencyTechnicalWorkinggroup,includingMoEnv,MEMR,MoWI,MoPIC,MOF,GAM


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ContextfordomesHcdemandforacrediHngmechanism

•  Attheinterna4onallevel,prospectsfordemandfromcarbonmarketsandRBFmechanismhaveimproved,butarenotconcrete

•  LargenumberofdonorsinJordanareapoten4alsourceofdemand•  Na4onally,themarketisquiterestrictedduetolowlevelofemissions.Newac4vityinMRP:analy4calworktoiden4fypoten4alsourcesofdomes4cdemandanditscharacteris4cs,incloseconsulta4onwiththeprivatesectorstakeholders.

ChangestotheDraPMRP:Ac4vityadded,B7.Studyofdomes4cmarketopportuni4esinJordan


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UpdatestothedraPMRP

AxisASupplementaryAc4vi4esLegislaHvesupporttoMRV

frameworkReadinessinNon-Target

SectorsforMRVintegraHonDescripHonofacHviHes

NeedAssessmentandRecommenda4onforlegisla4veamendmenttosupportMRVframework

Studyonthereadinessofnon-targetsectors(Transport,Agriculture,Waste)forMRVintegra4on(inexis4ngornewInfoSystems)

OutputsDuringPMRimplementaHonphase

•  Assessmentandrecommenda4onofpossiblelegisla4veamendments

• UnderstandingofreadinessandMRVinnon-targetsectors

Outputssubsequentphases

•  SupporttoCCDimplemen4nglegisla4veamendments

•  Developingaroadmapforinclusionofnon-targetsectors


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UpdatestothedraPMRP

AcHvityB2LowCarbonInvestmentForum,furtherelaboratedandsplit.IdenHficaHonofInnovaHvebusinessmodelstoensuresustainability

B2.ClimateFinanceCapacityBuildingProgramme

B3.PartnershipforClimateAcHon

DescripHonofacHviHes

•  Ledbyprivatesector;coordinatedbyCCD

•  Engagementofprojectdevelopersandfinanciers

•  Iden4fica4onofCBrequirementsforaccessinganddeliveringCF

•  Developmentandimplementa4onofCBprogramme(workshops,guidelines,trainingcourses)

Workinggroupofexperiencedprivatesector(projectdevelopersandfinanciers)leaders,todiscussandgenerateproposalsforfinancialinstrumentsandpolicyini4a4vestomobiliseandenhanceaccesstoclimatefinanceinJordan.

OutputsPMRIP

•  Establishtheprogramme/partnershipwithkeystakeholders/par4cipants•  Focusoncapacitybuildingandideagenera4on,supportinaccessingresultsbasedfinance.

•  Crea4onofguidancematerials•  Iden4fica4onofbusinessmodels


•  Furthercapacitybuildingonclimatefinanceskills,toenableaccesstoRBF.•  ShiTingemphasisfromcapacitybuildingtoknowledgesharingamongkey

prac44oners,updatesontrendsandbarriersinthemarket.•  Publica4onandupda4ngofguidancematerials•  Implementa4onofbusinessmodels


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UpdatestothedraPMRPAcHvityB4–assessmentofkeylaws(REEEandPPPlaws)-broadenedNewacHvity:B7.StudyofdomesHcmarket

B4.Upstreampolicyanalysisforalignmentandcoherenceacross

Ministries

B7.DomesHcMarketOpportuniHesinJordan

DescripHonofacHviHes

Assessmentofthelegalandpoli4calcondi4onsfordevelopingandimplemen4ngREandEEprojectsinJordan.Focusonareasforaligningandcoordina4nginter-ministerialac4vi4es.

Studyofdomes4cmarketopportuni4es,focusingondemandforcredi4ngbasedmechanisms.Developedinpartnershipandengagingtheprivatesector.

OutputsPMRIP

•  Assessmentandrecommenda4onofPPPandREElaws,atminimum

•  Assessmentofwiderpolicy/regulatorycoherence,iden4fica4onofpossiblecontradic4ons

•  Deliveryofthestudy•  Engagementwithprivatesectortounderstandcurrentdemand,anddeviseplanfors4mula4ngfuturedemand


•  Intheeventofcontradic4ons,roadmapsandstakeholderengagementtoresolvethese.

•  Inves4ga4onofop4ons/mechanismsfors4mula4ngprivatesectordemand


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Updatestothegovernancestructure

Coreteam:u  Allac4vi4esoverseenandmanagedbythe

CCD,willbesupportedbyexternalPMconsultants

u  Newresponsibility:fundraisingforfutureIPsu  Ac4vi4eswillinvolvesignificantstakeholder

engagement–public,private,donorsNCCCinformedandconsultedofac4vi4es.Providescross-ministeriallink,andsupport.Donorcommieeeinformedandconsultedofac4vi4es,allowingcoordina4on

ProjectManagementUnit

NaHonalClimateChangeCommieee

PMRCoremanagerialteamClimateChangeDirectorate

ExternalProjectManagementConsultants

StakeholderengagementKeyministriesandpublicbodies,donors,privateSectorPartners

AxisAAcHviHes

AxisBAcHviHes

Consultants/trainees

DonorCommieeee.g.USAID,GIZ,GGGI,AFD,EBRD,UNDP,UNEP

Consultants/trainees


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SummaryofBudgetandHmelines

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q41. Design of the multi- tier MRV framework,project registry, match making platform

493 A

2. Implementation of the MRV framework andpilots; and the project registry and match-making platform

1231 A

3. Private Sector Engagement 408 B4. Analytical and Technical Studies 450 A&BProject Management Unit (see section 7.5.3) 374 A&BTotal budget requested from PMR 2,956Contribution in kind (see section 7.4) 700 A&BTotal Budget of the PMR programme 3,656

Year1 Year2 Year3Budget $,000Activity Axis


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DetailsofBudgetandHmelines

ACTIVITIES(SupportingAxisAandB)Axisandactivitynumber

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

1.DesignoftheMRVframeworks,projectregistry,matchmakingplatform1.1.1Institutionalframework:Mappingexistinginformationframeworksofsectoragencies;high-levelassesmentofITandtechnicalcapabilities;preliminarydesignoftheMRVframework A1/A2 53

1.1.2DefinitionofharmonizedGHGMonitoring,ReportingandVerificationrequirementsforthreelevels:project,program/agency/Fundandsector;andforeachsector-specificinformationframework; A1/A2 1171.1.3Definespecificmodificationstoexistingsector-specific(MEMR,MOWI)informationframeworkstointegrateGHGMRV;developdatasharingagreementsforinclusionintheMOUs A1/A2 50

1.1.4AssessmentofJEISanddesignforintegrationofGHGMRVframework(projectandsector)andmatchmakingplatform(registryofplannedprojsandsupport)inJEIS(homesite);defineITsolutionsforintegrationwithtargetsector-specificInfoframeworks;developstoragesolution A1/A2andB6 771.1.5AssessmentanddesignofITsolutionsandprojectmanagementtoolsforGAM,JREEEFandJEFthatmeetsMRVrequirementsandstorage(inlinewiththesector-specificinfoframeworks) B1 114

1.1.6IdentificationanddesignofProjectmanagementtoolsandtechnicalcapacitybuildingrequiredforMRVframeworkmanagementandqualityassurance(CCD,JEIS,Monitoringandassessmentunit) A1/A2 83

SubtotalActivity1 493

Year1 Year2 Year3 Subtotalcosts($000s)

Subtotalcosts(000s)


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Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2.ImplementationoftheMRVframeworkandprojectregistry(incl.twopilots)2.1ImplementationoftheMRVframework

2.1.1ProcurementanddeploymentofnecessaryITsolutionsforintegrationofJEISandthetargetsector-specificinfoframeworksandstorage A1/A2 100

2.1.2ProcurementanddeploymentofnecessaryITsolutionsforstrengtheningandstreamliningofMRVframeworksandstorageatGAM,JREEFandJEF B1 742.1.3DesignfortheintegrationofGHGMRVintargetsector-specificinformationframeworks(MEMR,MOWI):developmentoftemplatesandprotocolsforreportingandqualitycontrol A1/A2 1082.1.4TechnicalsupportforCCD A1/A2 502.1.5TechnicalsupportforJEIS 1222.1.6TechnicalsupportforMoEnv'sMonitoringAssessmentUnit 412.1.7Technicalsupportfortargetsector-specificInfoframeworks(MEMR,MOWI)formanagementofGHGMRVcomponent A1/A2 722.1.8TechnicalSupportandCapacitybuildingprogramonMRVframeworkandprojectmanagementforJEF B1 552.1.9TechnicalSupportandCapacitybuildingprogramonMRVframeworkandprojectmanagementforJREEF B1 1502.1.10TechnicalSupportandCapacitybuildingprogramonMRVframeworkandprojectmanagementforGAM B1 502.1.11Developmentofguidanceandtrainingmaterials,includingGHGMRVframeworksguide,projectlevelMRV,emissionbaselines,qualitycontrol;developguidanceforintegrationwithothersector-specificinformationframeworks A1/A2 50


Subtotalcosts(000s)


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2.2.PilotingMRVframework2.2.1Deliveryofbroadertraining(2.1.7)forallparticipants(MoEnv,targetsectors,JEIS,GAM,JREEEFandJEF),includingworkshops

A1/A2 592.2.2.PilotMRVframeworkswith2targetsector-specificInfoframeworksandfor2pilotprojectsincludingdevelopingspecificprojectemissionbaselinesandestimatingGHGsavingspotential A1/A2 1252.3ImplementationoftheRegistryandmatch-makingplatform2.3.1ProcurementofITsolutionsforprojectregistry B6 502.3.2ITDevelopmentforweb-basedregistry(incl.databaseprogramming,webinterfacedesign) A1/A2andB6 75

2.3.3Technicalassistancetoweb-basedregistryrelateddataproviderandcompilationunits(e.g.JEIS,JAIMS);Developmaintenanceguide/protocolandprovidetechnicalsupporttotheregistryhost B6 50



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Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

3.Privatesectorengagement3.1EstablishingtheClimateFinanceCapacityBuildingProgramme&PartnershipforClimateActiontosupportcompaniesandfinancialinstitutionsworkingonEE&RE;developbusiness/workplan B2andB3 183.2Scopingofcapacityneedsofbankingsectortoscale-upfinancingsupportformedium/small-scaleRE&EEprojects B2 503.3Scopingoftrainingprogrammeforenergysectorcompaniesandenergyserviceconsultantstodevelopbankableprojects B2andB5 603.4DevelopmentandDeliveryoftrainingprogrammesforprojectdevelopers,andfinanciers B2 1003.4DevelopmentandDeliveryoftrainingprogrammesforenergyservicecompaniescompanies B5 603.5Oversightandadministrationofdeliveryofcapacitybuildingprogrammeandpartnershipactivities B2 120


Subtotalcosts($000s)

Subtotalcosts(000s)

Year1 Year2 Year3


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Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

4.AnalyticalandTechnicalStudies4.1Assessmentofmitigationpotentialinkeysectorsandprogressmadetilldateinrealizingthatpotential A1/A2 564.2Studyofemissionsinkeysectors:baselines,projections,exploreoptionsfortargetsetting A1/A2 564.2.1ReviewofJordanspecificEmissionFactors A1/A2 554.2.2Studyofmitigationpolicyoptions:combiningprogressreportsandtargets

A1/A2 564.3NeedAssessmentandRecommendationforlegislativeamendmenttosupportMRVframework A1/A2 49

4.4UpstreampolicyanalysisforalignmentandcohesionacrossMinistries B4 494.5Studyofreadinessofnon-targetsectors(Transport,Agriculture,Waste)forMRVintegration(inexistingornewInfoframeworks) A1/A2 544.6Studyofdomesticmarketopportunities(e.g.,tradableenergycertifications)inJordan B7 76



Subtotalcosts(000s)


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THANKYOU

Documents

Jordan Final Market Readiness Proposal - the PMR...Jordan’s Final Market Readiness Proposal (MRP) PA 14 – Lima – April 27, 2016 3 MRP ObjecHve and Focus • Long term aim: scaled-up