Niels Schuster

1. Directions of EU support to
EECCA countries
Niels Schuster
Directorate-General for Climate Action
European Commission

2. Climate
Action
• Target: continuing to mobilise USD 100 bn a year
in public and private climate finance from 2020-
2025
• EU on track: Mainstreaming 20% of EU budget
on climate related issues
• EU agreed to 0.7% GDP ODA target
• Developing synergies between climate policies and
IFI activities
EU Leading Mobiliser of Climate Finance

3. Armenia
Azerbaijan
Belarus
Georgia
Republic of Moldova
Ukraine

4. Climate
Action
Overall available funding: €15.4 billion (2014-20)
ENI East Regional: €741 - €906 Mio
• In view of the agreed 20% MFF climate target, an
increase of climate-related expenditure during the 2014-
2020 programming period is expected
• Domestic coordination!
• Indicative priorities:
 Further capacity-building on climate legislation topics
 Investment in mitigation and adaptation
 Mainstreaming of climate in other sectors (e.g. energy,
transport, agriculture etc.)
European Neighbourhood Instrument (ENI)

5. Climate
Action
Offers an enhanced framework for our climate cooperation:
 "greater attention to energy security and climate action"
 "promotion of the full implementation of the expected
Paris Climate Agreement (including commitments)"
 "introducing robust emissions monitoring, reporting and
verification frameworks, including in the longer term,
emission trading systems.''
Review of the European Neighbourhood Policy
EU climate cooperation will need to integrate Paris Agreement!

6. Climate
Action
Project time frame: October 2012 – October 2016
Project budget: maximum EUR 7 million*
Objective
 to support Partner Countries so that they are better equipped for
greenhouse-gas emission reductions and better prepared to deal
with climate change impacts
• * Part of a larger 'Clima East project' package, which also consists of
pilot projects on ecosystems based approaches to climate change
(maximum EUR 11 million)

7. Climate
Action
Neighbourhood Investment Facility (NIF)
Purpose:
Using EU grants to
mobilize financing from
Financial Institutions and
private sector for greater
impact
 Overall, NIF has helped
to ensure around €3
billion climate
financing in Eastern
Partnership region
(2008-2014)

8. Central Asia
Kazakhstan
Kyrgyz Republic
Tajikistan
Turkmenistan
Uzbekistan

9. Climate
Action
Central Asia Programming Period 2014 –2020
Available funding (Central Asia): €1.07 billion
Regional (non-bilateral) assistance focuses on
• socio-economic development;
• regional security for development
• sustainable regional development – energy, environment
and water with a strong focus on climate change
Development Cooperation Instrument (DCI)

10. Climate
Action
Finances projects (inter alia) with the following aims:
• Better energy infrastructure
• Better focus and control of climate change impacts
Results (2010-2015 ):
22 projects - grant financing of €119 million (climate & other)
• total financing from IFI of approximately €553 million
• total investment budget of approximately €830 million.
IFCA provides its support through:
• Investment grants
• Technical assistance
• Risk capital and other risk sharing instruments
Investment Facility for Central Asia (IFCA)

11. Four-year project on improved energy data and
evidence-based energy policy-making
 Eastern Europe, Caucasus and Central Asia.
 follows on from the EU INOGATE programme
Implemented by the IEA, the Energy Community
Secretariat and the Energy Charter Secretariat
Project time frame: July 2016 – July 2020
Project Budget: EUR 6.8 million
EU4Energy

12. Climate
Action
Thank you!
Visit DG Climate Action online:
facebook.com/
EUClimateAction
youtube.com/
EUClimateAction
pinterest.com/
EUClimateAction
twitter.com/
EUClimateAction
ec.europa.eu/
clima/