PPT on green funds for climate change

1. GREEN ENERGY FUNDS
Presented by:
Hemant Khatri
2021PCV5359
Presented to:
Dr. Sunanda Sinha
Assistant professor
CEE, MNIT
Centre for Energy and Environment, MNIT Jaipur

2. Contents:
❑ Need of green energy funds
❑ Kyoto protocol
❑ Global environmental facility
❑ Green Climate Fund
❑ Paris agreement
❑ CAMPA
❑ National clean energy fund
❑ National adaptation fund for climate change
❑ India’s low-carbon commitments
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3. What is Green Energy?
• Any energy that is generated from natural
resources.
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4. Why Green Energy Fund Is Needed?
• To combat climate change
• To reduce pollution
• Inclusive growth
• Sustainable development
• Adaptation
• Mitigation
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5. Developmental changes
UNEP Montreal
protocol
Rio earth
summit
UNFCCC
Kyoto
protocol
Paris
agreement
COP 26
UNCBD UNCCD
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6. Kyoto Protocol
• Adopted on 11 December 1997 ,entered into force on 16
February 2005.
• Main goal of the Kyoto Protocol was to control emissions
of human-emitted greenhouse gases.
• Six main greenhouse gases:-
• Carbon dioxide (CO2)
• Methane (CH4)
• Nitrous oxide (N2O)
• Hydrofluorocarbons (HFCs)
• Perfluorocarbons (PFCs)
• Sulphur hexafluoride (SF6)
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7. Annexure in Kyoto
• This convention divided countries into three
main groups.
– Annexure 1 :- delevoped countries like Japan
,USA,Italy
– Annexure 2 :- Economies in transition
– Annexure 3 :- developing countries and least
developed countries like india ,china,south
Africa.
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8. Kyoto protocol mechanisms
• Three flexible market protocol mechanisms :-
– clean development mechanism
– emissions trading
– joint implementation
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9. Global Environmental Facility[1]
❑ A multilateral financial mechanism.
❑ Established during the Rio Earth Summit of 1992.
❑ Jointly managed by the the World Bank, UNDP and UNEP.
❑ Provides funds to the developing countries for projects
related to climate change, biodiversity, the ozone layer, etc.
❑ India is both a donor and a recipient of funding from the
GEF.
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10. Focus areas of GEF:
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• Biodiversity
• Climate change
• International waters
• Ozone depletion
• Organic Pollutants
• Land quality degradation

11. GEF DATA-1:
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12. GEF DATA-2:
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13. GEF DATA3:
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14. Green Climate Fund[2]
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• GCF help developing nations in cutting down
their greenhouse gas emissions.
• Established by UNFCCC in 2010.
• Headquartered in the Songdo district in South
Korea
• Investment areas of GCF are mainly mitigation
& adaptation.

15. Paris agreement ( COP 21)
• It is a multilateral agreement within the UNFCCC
signed to reduce, mitigate greenhouse gas emissions.
• Main aim is to curtail the rise of global temperature
this century below 2-degree Celsius, above
pre-industrial levels; and also pursue efforts to limit
the increase to 1.5 degrees Celsius.
• Developed countries have committed to give $ 100
Billion per year to developing countries .
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16. CAMPA[3]
• It was established in 2004.
• Promote afforestation and development.
• To lay down effective guidelines for the State.
• To resolve issues that arise between inter-state or
Centre-State.
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17. Centre for Energy and Environment, MNIT Jaipur 16/27

18. 17/27

19. ▪A
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tcarbon
dioxide emitters in the world.
▪Established in the Union Budget of 2010-11.
▪The fund was financed by a clean energy cess on coal
produced in India.
▪In COP 26 held in GLASGOW, india has committed to reduce
its carbon intensity by 45% from the 2005 level by the end
of 2030, and net-zero carbon emission by 2070.
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20. Key aspects of the fund:
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• A particularly beneficial use of NCEF was to clean the
coal-based power sector of the country.
• The coal tax, a tax on domestic as well as imported coal
came into force on 1 July 2010
• A National solar mission under NAPCC(National action plan
for climate change) was also launched in 2010 with a target
of 20,000 MW of grid-connected solar power by 2022.

21. 20/27

22. NAFCC[5]
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• It was Established in August, 2015.
• It provides cost of adaptation to climate change .
• NABARD has been designated as National Implementing
Entity (NIE) for implementation of adaptation projects
under NAFCC.

23. NAPCC
• National Solar Mission
• National Mission for Enhanced Energy Efficiency
• National Mission on Sustainable Habitat
• National Water Mission
• National Mission for Sustaining the Himalayan
Ecosystem
• National Mission for A Green India
• National Mission for Sustainable Agriculture
• National Mission on Strategic Knowledge for Climate
Change
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24. FAME INDIA
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• The main purpose of the scheme is to reduce the pollution
caused by fuel burning.
• Allocation of Rs 10,000 crores for a period of 3 years from
2019 to 2022.
• The Central Government will incentivize the purchase of
approximately 5 lakh three wheelers, 7000 electric buses
and 35,000 four wheelers.

25. India’s low-carbon commitments
• India will achieve net-zero emissions by 2070.
• India will bring its non-fossil energy capacity to 500
GW by 2030.
• India will bring its economy's carbon intensity down
to 45 per cent by 2030.
• India will fulfill 50 per cent of its energy requirement
through renewable energy by 2030.
• India will reduce 1 billion tones of carbon emissions
from the total projected emissions by 2030.
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26. References For data:
•NCEF DATA:
https://doe.gov.in/sites/default/files/NCEF%20Brief_post_BE_2017-18.pdf
•GEF:
https://fiftrustee.worldbank.org/en/about/unit/dfi/fiftrustee/fund-detail/gef#3
•CAMPA: https://cag.gov.in/en/audit-report/details/2699
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27. References:
1.Streck, C., 2001. The global environment facility—a role model for
international governance?. Global Environmental Politics, 1(2), pp.71-94.
2.Antimiani, A., Costantini, V., Markandya, A., Paglialunga, E. and Sforna,
G., 2017. The Green Climate Fund as an effective compensatory mechanism in
global climate negotiations. Environmental Science & Policy, 77, pp.49-68.
3.Saxena, K.B., 2019. Compensatory Afforestation Fund Act and rules:
deforestation, tribal displacement and an alibi for legalised land
grabbing. Social Change, 49(1), pp.23-40.
4.Panda, G.R. and Jena, N., 2012. Evaluating the performance of the national
clean energy fund. Economic and Political Weekly, pp.18-21.
5.Prasad, R.S. and Sud, R., 2019. Implementing climate change adaptation:
lessons from India’s national adaptation fund on climate change
(NAFCC). Climate Policy, 19(3), pp.354-366.
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