Progress towards tracking public and private climate finance: the case of Latin America. Sandra Guzmán General Coordinator GFLAC
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1 Progress towards tracking public and private climate finance: the case of Latin America. Sandra Guzmán General Coordinator GFLAC
2 TRANSPARENCY Climate finance governance scheme. ACCOUNTABILITY Is climate change part of the national planning? DEVELOPED Is the international cooperation helping countries to reduce emissions and vulnerability? National Planning International Cooperation NATIONAL SUB NATIONAL National Budget International Commitments Are the countries allocating national budget to deal with climate change? DEVELOPING Are the countries complying with their obligations under the UNFCCC (CBDR)? SOCIAL PARTICIPATION IMPACT EFFECTIVE EFFICIENT COHERENT SUSTAINABLE EQUITABLE SUFFICIENT HUMAN RIGHTS, GENDER EQUITY AND SUSTAINABILITY INCLUSIVE
3 Regional perspective Latin America is not the main destination of climate finance Total: 21 billions USD 2014 Main recipients: Peru (COP20), Colombia, Ecuador, Mexico and Brazil. Lack of finance in Central America Distribution: Mitigation (84-90%) and 8% adaptation ECLAC, 2015
4 GFLAC
5 Methodology International climate policy adopted International climate finance flows received National climate policy National public budget allocated
6 Analysis criteria Activities labelled as climate change Mitigation related activities Adaptation related activities Both /mitigation and adaptation. Exclusion criteria/ contraire activities
7 Participant Countries 2014 Argentina Chile Ecuador Peru 2015 Bolivia Guatemala Honduras Nicaragua International flows National flows
8 Key challenges Lack of common understanding about what climate finance means (mitigation, adaptation, both, etc.) Lack of monitoring and reporting systems (some systems for finance for development) Lack of transparency and access to information (old or not public information) No inclusive participation of key stakeholders in the climate finance monitoring Lack of institutional coordination and institutional arrangements to organize the information about climate finance flows.
9 Analysis of International flows
10 Analysis International finance received in USD (millions) Perú Ecuador Chile Argentina ,000 1,500 2,000 2,500
11 Allocation by sector Mitigación Adaptación Ambos Argentina Chile Ecuador Perú
12 Type of finance in Ecuador 12
13 National public budget analysis
14 Analysis Millions of USD Total National budget 2014 Climate Budget 2014 Total National budget 2015 Climate Budget 2015 Bolivia 28, , Guatemala 7, , Honduras 8, , Nicaragua 2, ,347 26
15 Analysis 2015 Climate public budget allocation, Bolivia Guatemala Honduras Nicaragua 0 CC-2014 Total 2014 CC-2015 Total 2015
16 Climate budget allocation in % Bolivia Guatemala Honduras Nicaragua
17 Mexico
18 Climate buget Año MDP MDP Valor real % PROGRAMAS RAMO 16 P005 PROGRAMA ESPECIAL DE CAMBIO CLIMÁTICO U022 PROGRAMA DE MITIGACIÓN Y ADAPTACIÓN AL CAMBIO CLIMÁTICO n.a Eliminated
19 Public budget in Mexico, Annex 16 Año Total PEF Climate change Annex % ,956,361,600,000 34,514,794, ,467,225,800,000 37,702,769, ,694,677,400,000 40,663,437, ,746,945,700,000 44,452,587, ITDP, 2015
20 Type of activities included in Annex PROYECTO 2015 CONACYT 232,000, ,050,710 Provisiones Salariales y Económicas (Unidad de Política y Control Presupuestario) 5.40% 6.8% TURISMO 655, ,000 ENERGIA 2,415,529, ,452,443 ENERGIA (Recursos Nucleares) 28,756, % ENERGIA (ASUNTOS JURÍDICOS) % 100% 19.60% Desarrollo Agrario, Territorial y Urbano (Dirección General de Ordenamiento Territorial y de Atención a Zonas de Riesgo) MARINA (Dirección General de Investigación y Desarrollo) 52.10% 178,708,250 SALUD 382,887, ,304,282 ECONOMÍA 10,450,000 10,450,000 SCT 1,075,349,983 1,329,333,000 SAGARPA 6,003,936,778 7,079,120,219 SAGARPA (Coordinación General de Ganadería) 4,560,771,176 4,420,744,342 SHCP (Comisión Nacional para el Desarrollo de los Pueblos Indígenas) 0.40% 54,150,000 Gobernación (Centro Nacional de Prevención de Desastres) % % SEMARNAT (Dirección General de Políticas para el Cambio Climático) 100% 100% SEMARNAT (Comisión Nacional Forestal) 91.20% 45.60% INECC 99.30% 46.10%
21 Positive + Negative Positive CC is part of the planning process in all the countries CC actions are being implemented Negative Non-consistency between cc policy and the rest of the planning system More money to actions that cause the problem CC is not a priority (lack of understanding)
22 Towards an MRV system on finance Measuring Common definitions Cycle of finance Volume Complementary finance Reporting Public, transparent and accessible platforms to report Verifying Common criteria Impact analysis Safeguards and externalities
23 Recommendations for COP21 Mandate to the Standing Committee on Finance to elaborate common criteria (for both donors and recipients) using the same methods and tools Develop clear working plan for each element of the MRV (SCF) Include in the negotiation text the MRV on finance (Article 6 and Article 9) Connect MRV on finance with INDCs (in Latin America only two countries included this: Peru and Colombia) National strategies on climate finance to promote coherence (Argentina 1 versus 48 USD)
24 FOCAL POINTS AND KEY ALLIES
25 Thank you
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