The Director presents UNDP’s work at Seminar on Climate Change Projects and Programs

Oct 7, 2015

The Director of UNDP Seoul Policy Centre, Ms. Anne Marie Sloth Carlsen, presents UNDP’s work in the field of climate change including UNDP’s proposals submitted for funding to the Green Climate Fund (Photo: MOSF)

The Director of UNDP Seoul Policy Centre, Ms. Anne Marie Sloth Carlsen, presented UNDP’s work in the area of climate change at the Seminar on Climate Change Projects and Programs (CCPP) in Incheon.

Ms. Carlsen provided an overview of UNDP and its climate change-related programs, and described how support for climate change is an integral part of UNDP’s strategic plan. She discussed the interconnection between the climate change and poverty eradication agendas, and emphasized the importance of aligning adaptation and mitigation initiatives with development and poverty reduction goals. She illustrated her point by providing examples of the UN-REDD+ Programme (Reducing Emissions from Deforestation and Forest Degradation and CIRDA/EWS (Climate Information for Resilient Development in Africa/Early Warning Systems).

UNDP currently supports climate change programs in 143 countries and territories, focusing on the three main elements of mitigation, adaptation and support for Low Emission Climate Resilient (LECRD) strategies. In particular, UNDP’s grants in support of mitigation and adaptation projects have mobilized six to seven times as much co-financing.

The Director also presented different types of forward-looking projects and programs designed to strengthen governance and catalyze climate finance. For example, UNDP, together with UNFCCC and World Resources Institute (WRI), has supported the Intended Nationally Determined Contributions (INDCs) process for the post-2020 period by convening a series of Regional Technical Dialogues and preparing guidelines to support countries involved in the process.

In her concluding remarks, Ms. Carlsen provided updates on how UNDP, as one of the accredited entities of the Green Climate Fund (GCF), works with the Fund. Eight funding proposals have been submitted to the GCF Secretariat so far, including projects in Armenia, Pakistan, Bangladesh, Vietnam, Maldives, Mauritius, Malawi and Uganda, which fall in line with the Fund’s investment criteria emphasizing the potential for impact, paradigm shift, sustainable development, responsiveness to recipient needs, promotion of country ownership, efficiency and effectiveness. Working with the GCF makes it possible to buy down upfront costs, ease cash flows and mitigate risks.

UNDP is currently one of two UN agencies, along with UNEP, accredited to access the GCF’s resources to scale up climate change mitigation and adaptation for sustainable development. The Seminar was co-hosted by the Ministry of Strategy and Finance of the Republic of Korea and the GCF, and took place on 16 September 2015.