Low carbon development, the future of humankind

Low-carbon development,
the future of the humankind
Daniela Stoycheva,
Climate Change Policy Advisor
© 2009 UNDP. All Rights Reserved Worldwide.
Proprietary and Confidential. Not For Distribution Without Prior Written Permission.
BBL – Bratislava – 15 April 2011

Post 2012 international climate change regime:
Entering into new era of green global economic growth, through significant mitigation of GHG emissions and generating funding for mitigation and adaptation actions and thus creating new investment opportunities

Low-carbon growth
The transition to a low carbon world will transform our whole economy, the way we all live and work
Investment decisions now will affect 2050 targets, action now is cheaper than inaction or late action
Low-carbon (green) growth refers to sustainable growth, which helps reduce greenhouse gas emission as well as other environmental pollution
Low-carbon growth is a new national development paradigm that creates new growth engines and increase of green jobs, green technology and clean energy
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UNDP has climate change and development mandate and thus has an important role to play in the post 2012 climate change regime, when all the countries have to undergo a process to low carbon growth and building of greater resilience to climate change.

Supporting the EE and CIS transition to low-emission development: Regional Project
Assists the RBEC countries to develop capacity to formulate, mobilize finance and implement Low-emissions Development Strategies (LEDS) or Nationally Appropriate Mitigation Actions (NAMAs)
The countries will be enabled to make informed policy and investment decisions, that reduce GHG emissions, reduce poverty, create new employment opportunities and green jobs and move societies towards long term sustainability.
Developed:
How to Guide on Low-emission development strategies and Nationally Appropriate Mitigation Actions:Eastern Europe and CIS – in English and Russian
Drafts of LEDS in Kazakhstan and Moldova, initiated in Uzbekistan
http://europeandcis.undp.org/home/publications/

NAMAs – abatement potential and cost

Preparation of LEDS
Follows the main principles for development of a strategy
The goal in accordance with the GHG reduction commitment
GHG emissions scenarios
Assessment of the sectors of the economy and their reduction potential (incl. toward changed climate)
Possible measures in different sector and cross sectoral
Estimation of the financing needs, and economic impacts of
Shifting to low-emission development paths
Mechanisms for achieving it: investment, incentives, financial and economic policy initiatives (international support)
Consult and raise awareness for informed national consensus for policy actions and new investments
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Efforts shall be made to:
Establish collaboration mechanism with all stakeholders
Develop relevant institutional arrangements
establish a legal and regulatory framework
Accumulate experience from other countries as well as national demonstrations and pilots
Assure adequate monitoring system
Push forward low emission economic development in an systematic manner, so that a sustainable and low carbon future can be shaped
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Possible other follow up for UNDP to support the countries
Enhancing the capacities to monitor and report on climate change actions (MRV)
preparation of national communications – 2 years
Supporting participation in old and new flexible mechanisms;
Training and public awareness, with special focus on youth, women and indigenous peoples, and
Possibly others after the agreement is finalized.

THANK YOU !
daniela.stoycheva@undp.org

Low carbon development, the future of humankind

by UNDP in Europe and CIS

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