Presentation by Fumihiko Tominaga, Green Climate Fund, as part of the Peer Learning Summit (PLS) in Rotterdam, Netherlands.

1. Peer Learning Summit | Rotterdam
11 July 2019
GREEN CLIMATE FUND
MASTER CLASS SESSION
FumihikoTominaga
Adaptation Planning Associate | Division of Country Programming

2. • Introduction
• Overview of GCF NAP support and private sector engagement
• Country experience – Colombia
• Country experience – Cote d’Ivoire
• Panel discussion / Q&A
• Group discussion and report back
• Wrap-up
2
OUTLINE

3. Please join using your mobile phones or laptops
Simply go to www.menti.com and enter the code 84 28 9
3
INTRODUCTION

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9. Empowering GCF partners
PARTNERS
DIALOGUE
ROADMAP
READINESS, PPF
Nationally Designated Authorities, Accredited Entities
Focused, continuous engagement
Developing Country and Entity Programmes
Build capacity for investments
ESS, GENDER, IP Environmental and social sustainability
COUNTRY PROGRAMMING
9

10. Country and Entity Programmes are foundation, resulting in project proposals
Structured Dialogues and direct access events further support funding proposal quality
PROGRAMMING OVERVIEW
10
COUNTRY
& ENTITY
Programmes
READINESS
(including
adaptation
planning)
PPF
(Optional)
PROJECT
CONCEPTS
FUNDING
PROPOSALS
NDCs
Climate
Change
Strategy

11. COUNTRY READINESS
NAP
USD 3 million per country (not per year)
USD 1 million per
country, per year
Areas of support
USD
300,000
NATIONAL DESIGNATED AUTHORITY
STRENGTHENING
as of 14 Feb 2019
READINESS PROGRAMME
11

12. 77
countries
seeking
support
36
approved +
endorsed
Adaptation Planning
(5 July 2019)
NATIONAL ADAPTATION PLANS
+8 NDAs receiving independent technical
assistance to formulate proposals with national or
regional delivery partners
Status # of proposals USDValue
Total 78 195 M
Approved 29 75 M
Endorsed 7 19 M
Various stage of review stage
(with GCF Secretariat)
42
(6)
101 M
(16 M)
Others 76
LDC 62
SIDS 31
Africa 26
SIDS, LDC, Africa
195M
Total
Requested
12

13. Outcome 1
Adaptation planning governance
& institutional coordination
a. Inter and intra-institutional
coordination and decision-making
mechanisms
b. Stakeholder engagement
frameworks and agreements
c. Adaptation impact monitoring,
evaluation and learning system
d. National, sub-national and/or
sectoral plans
Outcome 2
Evidence basis used to design adaptation
solutions for maximum impact
a. Climate hazard impact, vulnerability and
risk studies
b. Consolidation and sharing of climate
studies
c. Communication to relevant public, private
and civil society decision-makers and other
stakeholders
d. Policy and Regulatory Frameworks
13
ADAPTATION PLANNING
AN OPPORTUNITY TO CATALYZE STRENGTHEN
ADAPTATION IMPACT & FINANCE

14. Outcome 3
Private sector engagement in
adaptation catalyzed
a. Policies regulations to remove barriers and
incentivize investment
b. Private sector actors engaged in national,
sectoral or subnational adaptation planning
c. Adaptation planning for climate resilience of
businesses and supply chains
d. Matching private financiers with solutions
Outcome 4
Adaptation finance increased
a. Financing strategies of specific
adaptation priorities
b. Project and programme concept
notes
c. Systems for prioritizing adaptation
project ideas
d. Systems for tracking adaptation
finance
14
ADAPTATION PLANNING
AN OPPORTUNITY TO CATALYZE STRENGTHEN
ADAPTATION IMPACT & FINANCE

15. 15
ADAPTATION PLANNING
GOOD PRACTICE & REVIEW CRITERIA
Focus
strategically
within a
national vision
Address
specific climate
impacts &
vulnerabilities
Develop
financing
strategy for
each adaptation
priority
Articulate
theory of
change
Avoid
duplication of
effort
Engage
stakeholders
proactively
Build gender
considerations
Cultivate
private sector
investment
Monitor &
report
systematically
Coherence &
complementari
ty with other
funds
1 2 3 4 5
6 7 8 9 10

16. 16
BARRIERS
IN ENGAGING PRIVATE SECTOR
02
05
03
01
04
Policy & regulatory
• Appropriate strategic and
regulatory framework
• Consistent policy support
and incentive systems
Access to climate finance
and local market
• Limited market capabilities
• Limited range of financial
instruments
• Demand-supply mismatch
Affordability &
technology
• High technology and
upfront costs
• High cost of capital
• Access to technology
Knowledge & education
• Lack of awareness and training
• Local financial institutions’ lack of capacity
Region & country related
• Different barriers across
regions and countries (e.g.
fragmented local PS)

17. Utilize GCF’s Readiness & Project Preparatory Support in each stage to engage private sector
17
HOW YOU CAN WORK WITH GCF
FROM COUNTRY PROGRAMME TO FUNDING PROPOSAL
FUNDING
PROPOSALS
COUNTRY
& ENTITY
Programmes
READINESS
(including
adaptation
planning)
PROJECT
CONCEPTS
PPF
(Optional)
ENGAGEMENT
Engage private
sector in early
stage of planning
BUSINESS CASE
Provide business
case for private
investment
CLIMATE DATA
Provide climate
data relevant
and tailored to
private sector
PILOT
Launch pilot
projects with
private sector
CO-INVESTMENT
Encourage
private sector
co-investment
MAPPING
Map out what
kind private
sector actors are
out there

18. GCF NAP SUPPORT
DESIGNED TO ADDRESS BARRIERS
Strategic focus of the proposal within a national vision
Plan to address specific vulnerabilities and climate impacts
Adaptation financing strategy
Theory of Change
Avoidance of duplication of effort
Stakeholder engagement
Gender considerations
Private sector investment strategy
Monitoring and evaluation
Coherence and complementarity with other Funds
I.
II.
III.
IV.
V.
VI.
VII.
8
IX.
X.
 Producing evidence base to
support business case for
private investment
 Defining sustainable finance
sector strategy
 Communicating climate
information to attract private
investment & raise awareness
 Engaging with finance sector to
develop new financial products
 Catalyzing public-private
partnerships for adaptation
Examples of good practice
Private sector investment strategyVIII.
18

19. 19
NAP BEST PRACTICES
FOR PRIVATE SECTOR ENGAGEMENT
 Engaging the
microfinance
sector to
determine needs
for reaching BoP
customers
Stakeholder
Engagement /
Capacity Building
 Mapping best
available
technologies for
crop and soil
management
Pipeline
Development
 Exploring PPP
options with local
banks
Financing
Strategy / Climate
Data
 Concessional loan
terms for
adaptation project
from central bank
Regulatory
Each item should be tailored to national context with specific outcomes

20. 20
SAMPLE NAP ACTION ITEMS
FOR PRIVATE SECTOR ENGAGEMENT
It will require working knowledge of the private sector context in your country
Less effective
•Engage private sector for climate change
•Outcome:Workshop for private sector actors
Better
•Engage private sector stakeholders to develop needs assessment to encourage investment in
priority sectors.
•Outcome: Semi-annual forum with feasibility study
Best
•Engage central bank, national banking association and microfinance associations to develop
needs assessment to encourage investment in agriculture sector.
•Outcome: Semi-annual forum with working group and knowledge management center.
•Outcome: Proposed policy changes to improve adaptation investment environment.

21. Delivery Partner Options:
21
DELIVERY PARTNER OPTIONS
AND TECHNICAL ASSISTANCE (TA)
National
Regional
International
Technical
Assistance on
adaptation
planning
(since 2017)
 Delivery Partner does NOT have to
be a GCF Accredited Entity (AE).
 Non-AE requires a Finance
Management Capacity
Assessment in order to become a
NAP Delivery partner.
NDA
Delivery Partner GCF

22. Technical Assistance will include:
22
GCF TECHNICAL ASSISTANCE
FOR ADAPTATION PLANNING
 Guiding the country to design key elements of adaptation planning requests
 Reviewing the requests and other relevant documents prepared by NDA and DP
 Attending meetings with relevant stakeholders
Technical Assistance will NOT include:
 Drafting actual proposals
 Translating relevant documents

23. 23
COUNTRIES WITH NATIONAL DPS
AND THAT BENEFITED FROM TA
Country Delivery Partner Status TA
Antigua & Barbuda Ministry of Environment and Health Approved
Dominica Ministry of Environment and Health of A&B Approved
Colombia Fondo Acción Approved
Gabon CDG-Gabon Approved TA
Chad NationalWater Fund TA
Oman Sultan Qaboos University TA
Mali AEDD TA
Mauritius Ministry of Social Security, National Solidarity, and
Environment and Sustainable Development
TA
Tonga Ministry of Finance and National Planning TA
Peru Fundación Avina TA
Tuvalu SPREP TA
Republic of Marshall Islands SPREP TA

24. 24
USD 15.5m loan & grant to promote
adaptation activities for agricultural
MSMEs
USD 26m equity & grant for adaptation
impact fund to support and scale up
agribusinesses
LATIN
AMERICA &
CARIBBEAN
Productive Investment Initiative for
Adaptation to Climate Change (CAMBio II)
FP097
AFRICA
Acumen Resilient Agriculture Fund (ARAF)
FP078
ADAPTATION PROJECT WITH PSF
CAMBIO II & ARAF

25. Mr. Andrés Felipe Olivero Ariza
Private Sector Specialist
NAP Readiness Program
National Planning Department of
Colombia
Mr. Jean Douglas Anaman
Coordonnateur Projet Résilience
Climatique PLCC_BAD
AssistantTechnique au Programme
National Changements Climatiques
Coordination des Programmes et Projets
Cote d’Ivoire
25
COUNTRY EXPERIENCES

26. Apoyan:
Colombia’s experience engaging
private sector & the NAP readiness
Program

27. The economy has been affected by
the recent la Niña and el Niño
phenomenon
La Niña 2010 – 2011
cost
3,7 billion dollars
damages to physical
assets and capital stock
El Niño 2015 – 2016
cost
1 billion dollars
In losses of the impact
on national production
Source: DNP, 2018

28. What is the climate
hazard and
adaptation need to
be addressed?
Potential annual loss of 0,5% GDP
Changes in productivity: Agriculture most affected
Fishing
Forestry
Transportation
Agriculture
Livestock

29. National Context
Colombia’s adaptation process
Climate change - nodes
Climate change plans
(sectoral and regional)
Information and
assessments
Climate change Law
Climate change Policy
National Climate Change System –
intersectorial Committee (8
sectorial ministries)
National Adaptation Plan (Steering
Committee)
Adaptation goals in NDC
Planning/risk instruments
Projects on the
ground
Country Programme
to access GCF

30. Colombian Climate Finance Committee
July 2018
NacionalAdaptationPlan&ClimateFinanceStrategy
MRV Climate Financing System
Available at: https://bit.ly/2voBtxt

31. Private sector engagement
Financial management Committee -
SISCLIMA
Pilots for financial innovation / GCF
SectorAgropecuario Sector Industria Sector Transporte
Objective: Generate innovative public-
private collaboration schemes that meet
specific financing needs and take
advantage of sustainable investment
opportunities2. Analyze risk.
Envi – social -CC
1. Create Green
products.
3. Eco-efficiency
4. Capacity building

32. Colombia’s NAP Readiness Program / GCF
NDC
2030

33. Engaging the private sector in the Phases of the NAP
process
Planning
Implementation
Monitoring &
Evaluation
• What are the adaptation actions that are
the responsibility of the private sector?
• What actions regarding adaptation is the
private sector currently taking?
• What actions are not being taking? and
why?
• What are the motivations of private sector
to invest?
• What are the barriers and the needs to
invest?
Guiding Questions
Private
sector
Crawford A & Church C, 2019, Pag. 33 NAP Global
Network Guide.

34. Private sector engagement process
Select key
sectors
Barriers and
opportunities
Engagement
strategy
Enabling Integral
schemes by
sector
Workshops / surveys / interviews
Goals Indicators Stakeholders Costs
Action Plan
Information
Sharing
Financing Instructional
arrangements
Capacity building Cultural Market failures

35. Private sector engagement process
To adapt we need
Private sector
engagement
Economic and
financial
assessment
Guidelines for
private sector
Concept note
Funding Proposal
Cost – benefit Analysis of at least
one adaptation project
Guidelines and recommendations for
incorporating adaptation criteria into
business models.
Operational – Supply chain - market
Prepare concept notes to be
presented to GCF with the
potential of being financed and
implemented by private sector.
1 funding proposal prioritized and
ready to access domestic or
international sources of funding

36. Some takeaways
Speak Their
language
Share
information
experiences
Work with
champions
Government
Financial
sector
Productive
sector
CC factor of
competitiveness
Act at different
scales.
Step by step
Think big and on
time scales.
Leverage your
NAP & diversify
financial sources

37. Colombia’s NAP Readiness Preparatory Support
Engagement of private sector
Andres Felipe Oliveros Ariza
Colombian National Planning Department
July 2019

38. What questions do you have?
38
PANEL DISCUSSION / Q&A

39. Guiding questions for group discussion
39
GROUP DISCUSSION
GROUP WORK AND REPORT BACK
 How is your country utilizing/planning to utilize GCF support to advance its
adaptation planning processes especially private sector engagement?
 What is your country’s strategy to catalyze further investment utilizing the GCF
support including with targeted private sector actors?
Contact Information
 FumihikoTominaga | Adaptation Planning Associate
 ftominaga@gcfund.org | +82 10-4458-6511