Dr. Pham Hoang Mai, Director General, Department of Science, Education, Natural Resources and Environment, Ministry of Planning and Investment, Government of Vietnam started the day by presenting important questions that the forum can address. These questions delve on stakeholder mobilization, integration, monitoring, and technical support. He reminded every one that both LEDS GP and ALP are platforms for collaboration and these events should be maximized to identify the most effective mechanisms to ensure that peer-to-peer learning takes place.
Ron Benioff, Director of LEDS Global Partnership (LEDS GP), on the other hand, brought forth the question, “Why are we here?” He shared that countries from all over the world are facing critical development challenges and there is an urgent need to take action to address climate change. According to him, LEDS GP is there to help countries and different levels of government to be “successful in the goals set out in their NDC and to build their confidence and ambition.
Lead Director of Asia LEDS Partnership (ALP), Mr. Emani Kumar gave a brief overview of ALP, starting with its launch in September 2012 as a voluntary regional network active in designing, promoting, and/or implementing LEDS in South Asia, Southeast Asia, East Asia, Central Asia and Pacific (including Australia and New Zealand). ALP aims to facilitate enhanced coordination, collaboration, and partnerships, identify and disseminate tools, models, approaches, and best practices in priority LEDS topics to enable peer-to-peer learning and application. It also envisions to foster capacity building of practitioners to make Asia a leader in designing and implementing LEDS and green growth. ALP, as a network, strengthens support for LEDS.
Plenary Sessions: Summary and Highlights
Plenary Session 1: The NDCs- Impact on Accelerating Low Emission Development in Asia
Quotes from Speakers:
“Success of NDC implementation depends on how well the measures development are integrated and owned and driven by sectoral agencies and stakeholders—infusing climate change goals into outgoing development planning and implementation.” – Ron Benioff, Director, LEDS GP
“We need to identify linkages within [different] sectors for implementation: different sectors need to be harmonized to implement the NDC.”- Dr. Pham Hoang Mai, Director General, Department of Science, Education, Natural Resources and Environment, Ministry of Planning and Investment, Government of Vietnam
“In terms of NDC implementation, we have the 3R approach: Revisit, Reconstruct, and Report. For operationalizing the NDC, we have the 3Ps: policy, private sector, and purse (finance). Lastly, we also look at the 3Cs to see where we need to do further work and these are: capacities, convergence and collaboration, and connection.”- Sandee Recabar, Planning Officer V and Chief, Implementation Oversight Division, Climate Change Office, Climate Change Commission, Government of Philippines.
Plenary Session 2: Climate Budgeting and Expenditure Tracking as a Tool for LEDS and NDC Investment Planning
Quotes from Speakers:
“Implementing Climate Change Financing Frameworks and reforms is a long term process and it takes time to bring about the full-scale of reforms but Asian countries are taking the lead in implementing innovative approaches this regard.” – Glenn Hodes, UNDP
“Lessons learned in climate change expenditure tagging (CCET) in the Philippines include the importance of acquiring the buy-in of key government agencies, timing the process by considering the budget cycle at the local level, clarifying attribution and metrics, and harmonization with other monitoring systems and development plans.” – Sandee Recabar, Planning Officer V and Chief, Implementation Oversight Division, Climate Change Office, Climate Change Commission, Government of Philippines
“Undertaking a climate expenditure and investment review is not a bed of roses. However, this exercise is a useful planning tool which promotes sustainable private and public climate investment and access climate finance.” – Dr. Pham Hoang Mai, Director General, Department of Science, Education, Natural Resources and Environment, Ministry of Planning and Investment, Government of Vietnam
Dr. Tauch Chan Kresna, Deputy Director, Investment Division, Ministry of Economics and Finance, Royal Cambodian Government shared that CPEIR has already been applied to Cambodia through a UNDP-supported initiative. Through the process, Cambodia has continued this intervention even without any external support.
Parallel Session A : Low Emission Development Strategies in Action
NDCs in Transport and Low Carbon Transport Actions’
The session on ‘NDCs in Transport and Low Carbon Transport Actions’ aimed at identifying necessary actions and strategic decisions to be taken by policy makers to meet NDC targets that are stipulated specifically for the transport sector. Vietnam and Bangladesh presented the respective Country case study on NDC Targets and Mitigation Measures for Transport.
Ms. Scherer quoted that as on 2016, Transport sector contributes to 23% of anthropogenic emissions globally out of which 73.9% comes from road transportation. The transport emissions are on a rise and in order to achieve the 2˚C target of Paris agreement decarbonizing transport sector is crucial.
Focus on statistical indicators to promote green transport. Costing is an important component to shift people’s behavior to mass transport
– Mr.Vu Hai Luu, Ministry of Transport, Vietnam
Presenters highlighted that in terms of transforming the transportation sector, the focus should not only be on improving the technologies but the shift of the perspective of the public towards more sustainable means of transportation should also be given equal importance. National governments need to enable local governments to contribute to achieving the NDCs. Presenters specified the need for involving support of private sector in government initiatives.
Energy and Finance
This year’s forum also witnessed a wide range of discussions around strengthening the clean energy financing environment. The sessions stressed on the importance of developing the capacity of national commercial banks to increase their clean energy lending capabilities and also the application of innovative solutions and strategies by project developers to access finance. Furthermore, it is important for timely review and revision of existing policies that conflict with RE goals (or that create market uncertainties) and institutionalization of new policies and incentives. Another important requisite policy reform includes tariff modifications that reflect changing technology and enable RE to compete.
To enable the grid-scale renewable energy deployment and to accelerate large-scale RE projects, a comprehensive power sector planning including socio-economic modeling, financial analysis and enabling policies, regulations and market design is required at all levels.
The Role of Renewable Energy in Achieving NDC Implementation across Asia’
The energy session on ‘The Role of Renewable Energy in Achieving NDC Implementation across Asia’ focused on Renewable Energy (RE) targets and links to NDCs, public finance strategies, competitive procurement and grid integration. RE targets will be met only through significant scale-up. Building blocks for scaling up RE are strategic planning, policies and supporting regulatory framework, competitive procurement processes, access to finance is required as these are not necessarily linear. Many Countries are operating successfully with 20-30% variable renewables and RE is proved to be cost competitive.
Mr. Rob Youngs, Coalition for Green Capital highlighted there is a huge gap in RE investment which can potentially come from private sector. The key to tap private sector investment is the bankability of projects.
Mr. Trinh Quoc Vu, Ministry of Industry and Trade, Government of Vietnam informed that Vietnam is using feed-in tariffs as incentives and looking to attract foreign direct investments and diversify funds.
Building Clean Energy Demand in Asia – The Role of the Private Sector in Driving Clean Energy Deployment
The role of private sectors in driving clean energy deployment to achieve LEDS and NDC goals were also discussed in the forum. The RE100 campaign, where companies have made a commitment to go ‘100% renewable’, has now reached 117 members. The demand for RE by corporates are substantial and continuing to increase. The momentum for renewable demand is scaling to new heights every day.
Mr. Quang, Swire Cold Storage Vietnam indicated there is a significant prospect for private companies in clean energy technologies which can potentially reduce the dependence on fossil fuels.
Ms. Speer, NREL suggested that leveraging corporate interest will help governments to achieve RE goals.
Parallel Session B : Driving LEDs through NDC Implementation