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Do you know your NDA? The CCCCC is GCF Ready

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The Green Climate Fund (GCF) aims to multiply current actions and responses to climate change while deploying unprecedented levels of funding to invest in low-emission and climate-resilient development in the battle to save our Earth.  The Caribbean Community Climate Change Centre (CCCCC) was accredited as a regional implementing entity by to this key multilateral financing mechanism to support climate action in developing countries on July 09, 2015.

 

The Executive Director of the CCCCC, Dr. Kenrick Leslie says “It speaks to the high calibre of work being done in the region and the strength of our internal systems. We will now move forward with a set of ambitious and bankable projects that we have been developing under a directive from CARICOM Heads”.

The first GCF “Readiness Week” was  held from April 25 to 29th, 2016 to assist direct access entities in developing their project ideas. The event brought together the centre and 12 other accredited direct access entities and 27 developing countries to share project concepts and project proposals with each other.  Caribbean Countries represented at the session included Antigua & Barbuda, Barbados and Guyana.

The CCCCC was represented by Sharon Lindo, International & Regional Policy Advisor and Dr. Mark Bynoe, Senior Economist and the Head of Project Development Management Unit.

Dr. Mark Bynoe, Senior Economist and Head of the Project Development and management Unit, CCCCC

Dr. Mark Bynoe, Senior Economist and Head of the Project Development and management Unit, CCCCC

According to Dr. Bynoe “The recent workshop demonstrates the Green Climate Fund’s aspirations to fulfill its fit-for-purpose mantra. The workshop clearly demonstrates that the institution and its Board have been listening to the issues raised by Small Island Developing States (SIDS) and is seeking to address these through its Enhanced Direct Access approach. This is a step in the right direction and one should be applauded and encouraged.”

Sharon Lindo, International & Regional Policy Advisor, CCCCC

Sharon Lindo, International & Regional Policy Advisor, CCCCC

At the close of the session, GCF’s Executive Director Héla Cheikhrouhou reiterated to participants that “GCF’s role is to provide you with the necessary support so that you can lead transformative changes in your countries and regions…You are a trusted GCF partner, and the Fund can only be successful if you deliver on bringing about significant projects or programmes.”

Looking forward from the Sodongo Readiness session, GCF Regional Advisers will schedule calls with focal points to check on work programmes and also to organize group webinars to bring entities together for briefings on specific issues.

As the first regionally accredited organization, the CCCCC is now the interface and conduit for GCF funding to the Small Island Developing States (SIDS) of the Caribbean. Applications for GCF funding takes place in consultation with country focal points (NDAs) and the CCCCC. 

For further information on GCF Funding, please contact your National Designated Authority listed below or the Caribbean Community Climate Change Centre at http://www.caribbeanclimate.bz/ .

Antigua and Barbuda  

Environment Division of the Ministry of Agriculture, Lands
Housing and the Environment
Her Excellency Ambassador Diann Black‐Layne
Environment Division
Chief Environment Officer and Ambassador for Climate Change
Botanical Gardens, Factory
Rd., St. John’s, Antigua
Tel.: +1 268 464 6410
E‐mail: dcblack11@gmail.com

Bahamas

The Ministry of the Environment Housing
Ms. Camille Johnson
Permanent Secretary
P.O. Box N 4849, Nassau, N.P. The Bahamas
Tel.: +242 322 6005; +242 322 6006
E‐mail: kenreddorsett@bahamas.gov.bs
E‐mail: camillejohnson@bahamas.gov.bs

Barbados

Ministry of Finance and Economic Affairs
Dr. Louis Woodroffe
Permanent Secretary, Economic Affairs
Warrens Office Complex, Warrens, St. Michael, Barbados
Tel.: +1 246 310 1302
Fax: +1 246 425 1100
E‐mail: Louis.woodroffe@barbados.gov.bb

Belize

Ministry of Finance and Economic Development 
Her Excellency Sharman Yvonne Hyde 
Chief Executive Officer
Ground Floor, Right Wing,
Sir Edney Cain Building
Belmopan City, Cayo District, Belize, Central America 
Tel.: +501 822 2626; +501 822 2527; +501 822 1495
E‐mail: ceo@med.gov.bz

Dominica

Ministry of Finance
Mr. Samuel Carrette
Chief Development Planner
5th Floor, Financial Centre
Kennedy Avenue, Roseau, Commonwealth of Dominica 
Tel.: +1 767 266 3221; +1 767 266 3561
Fax: +1 767 448 0054
E‐mail: carrettes@dominica.gov.dm
E‐mail: finsecfinance@gominica.gov.dm

Grenada

Ministry of Economic Development, Planning, Trade,
Cooperatives and International Business 
Mr. Timothy Antoine 
Permanent Secretary
Financial Complex, Carenage, St. George’s, Grenada
Tel.: +1 473 440 2928; +1 473 440 2731; +1 473 440 2732
Fax: +1 473 440 4115
E‐mail: psfinancegrenada@gmail.com

Guyana

Ministry of the Presidency
His Excellency Mr. Joseph Harmon, M.P. 
Minister of State
Vlissengen Road, Bourda, Georgetown
Co‐operative Republic of Guyana 
Tel.: +592 225 0582
E‐mail: ministerofstategy@gmail.com
E‐mail: presidentialadvisorenvirongy@gmail.com

Haiti

Ministry of Environment
Mr. Moise Jean‐Pierre
# 11 Rue , Pacot, Port‐au‐Prince, Haiti
Tel.: +509 3701 2694
E‐mail: Moisejp8@hotmail.com

Jamaica

Ministry of Water, Land, Environment & Climate Change
Mr. Albert Daley
Principal Director, Climate Change Division
16A Half Way Tree Road, Kingston 5, Jamaica
Tel.: +876 906 0724; +876 633 7351; +876 633 7354
E‐mail: Albert.daley@mwlecc.gov.jm

Saint Lucia

Ministry of Finance,
Economic Affairs and Social
Dr. Reginald Darius
Permanent Secretary
Castries, Saint Lucia
Tel.: +1 758 468 5503; +1 758 285 0200
Fax: +1 768 452 6700
E‐mail: reginald.darius@govt.lc

Saint Kitts and Nevis 

Department of Physical Planning and Environment 
Ms. June Hughes
Senior Environment Officer
Bladen Commercial Development 
Wellington Road
Basseterre, St. Kitts
Tel.: +1 869 465 2277
Fax: +1 869 465 5842
E‐mail: ccodoe@sisterisles.kn

Saint Vincent and the Grenadines

Ministry of Finance and Economic Planning 
Ms. Laura Anthony‐Browne
Director of Planning
Administrative Centre, Bay Street, Kingstown
Sait Vincent and the Grenadines 
Tel.: +1 784 457 1746
E‐mail: cenplan@vincysurf.com

Suriname

Ministry of Finance
His Excellency
Mr. Gillmore Hoefdraad
Minister
Tamarindelaan 3
Tel. (597) 472610
E‐mail: ghoefdraad@finance.gov.sr
E‐mail: secmin@finance.gov.sr

The Green Climate Fund Accredits the 5Cs!

Credit: Caribbean Community Climate Change Centre. Not for use without written permission.

Credit: Caribbean Community Climate Change Centre. Not for use without written permission.

5Cs Accredited As Regional Implementing Entity by the Green Climate Fund:

Other accredited institutions include Conservation International, the World Bank and IDB

Songdo, Republic of Korea| July 09, 2015― The Caribbean Community Climate Change Centre has been accredited as a regional implementing entity by the Board of the Green Climate Fund (GCF), a key multilateral financing mechanism to support climate action in developing countries. The announcement made today at the tenth meeting of the GCF Board means the CCCCC will act as a channel through which the Fund will deploy resources to the Caribbean.

This is a key achievement for the small island developing states (SIDS) of the Caribbean. Executive Director Dr. Kenrick Leslie says:

“This is the first such accreditation for the Caribbean region. It speaks to the high calibre of work being done in the region and the strength of our internal systems. We will now move forward with a set of ambitious and bankable projects that we have been developing under a directive from CARICOM Heads”.

The CCCCC is one of 13 institutions accredited by the GCF today, including Conservation International, the World Bank, the Inter-American Development Bank and others. The GCF notes that the expansion in accreditation is demand driven.

 We are building a vibrant network of partners – which is evidence of a rising demand for an active GCF,” said Ms. Héla Cheikhrouhou, Executive Director of the Green Climate Fund. “Seven months ago we invited institutions for the first time to become partners with us. Today, close to 100 well-established institutions from around the world are working towards becoming GCF accredited entities,” she said. “We have added to this momentum by boosting our number of accredited entities to 20.

Accreditation to GCF is open to sub-national, national, regional and international, public, private and non-governmental institutions which are eligible to apply through the Fund’s Online Accreditation System (OAS). Applicants are assessed on their abilities to meet fiduciary, environmental, social, and gender requirements set out by the Fund.

 The 13 institutions accredited today are:

  1. Africa Finance Corporation (AFC), a public-private institution that provides support for sustainable development of infrastructure in Africa, based in Nigeria;
  2. Agence Française de Développement (AFD), a development finance institute, headquartered in France;
  3. Caribbean Community Climate Change Centre (CCCCC), a public organization that coordinate’s the Caribbean’s response to climate change, headquartered in Belize;
  4. Conservation International Foundation (CI), a non-profit environmental organization based in the United States;
  5. Corporación Andina de Fomento (CAF), a regional development bank, headquartered in Venezuela;
  6. Deutsche Bank Aktiengesellschaft (Deutsche Bank AG), an international investment bank based in Germany;
  7. Environmental Investment Fund of Namibia (EIF), which supports projects that ensure sustainable use of natural resources;
  8. European Bank for Reconstruction and Development (EBRD), a multilateral development bank, headquartered in the United Kingdom;
  9. Inter-American Development Bank (IDB), a multilateral development bank, headquartered in the United States;
  10. International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), together known as the World Bank, headquartered in the United States;
  11. Ministry of Natural Resources of Rwanda (MINIRENA), which focuses on environment, climate change, and natural resources management at the national and local levels;
  12. National Bank for Agriculture and Rural Development (NABARD), a national financial institution based in India; and the
  13. United Nations Environment Programme (UNEP), headquartered in Kenya.

Do you know how climate change affects the Caribbean? Peruse this video of Five Things You Should Know.

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The Caribbean Community Climate Change Centre coordinates the region’s response to climate change. Officially opened in August 2005, the Centre is the key node for information on climate change issues and the region’s response to managing and adapting to climate change. We maintain the Caribbean’s most extensive repository of information and data on climate change specific to the region, which in part enables us to provide climate change-related policy advice and guidelines to CARICOM member states through the CARICOM Secretariat. In this role, the Centre is recognized by the United Nations Framework Convention on Climate Change, the United Nations Environment Programme, and other international agencies as the focal point for climate change issues in the Caribbean. The Centre is also a United Nations Institute for Training and Research recognised Centre of Excellence, one of an elite few. Learn more about how we’re working to make the Caribbean more climate resilient by perusing The Implementation Plan.

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Three criteria the Green Climate Fund MUST meet for the Caribbean to benefit

Credit: CGIAR Challenge Program on Water and Food

Credit: CGIAR Challenge Program on Water and Food

President of the Caribbean Development Bank (CDB) Dr. Warren Smith says the Green Climate Fund (GCF), a new multilateral initiative, must achieve three short-term objectives if it is to be different, make a significant contribution to transforming Caribbean economies and create low carbon, climate-resilient societies in the region.

  • First, the Board of the Fund must complete before year-end, the design work necessary to ensure that the Fund becomes operational by 2014.
  • Second, given the global scale of the climate challenge, the GCF must be well resourced. In this regard, developed countries should, by the end of this year, make firm commitments towards resourcing the initial capitalisation of the GCF;
  • Third, this Fund must pay particular attention to the needs of those developing countries which are most vulnerable to climate change.

In underscoring the importance of this Fund, Dr. Smith said,

We, in the Caribbean, share the vision of the founders of this Fund, as enunciated in its Governing Instrument that, “given the urgency and seriousness of climate change …the Fund is to make a significant and ambitious contribution to the global efforts towards attaining the goals set by the international community to combat climate change”

He continued…

To ensure that [developing] countries can access the Fund on equal terms, when it is fully operational, the Board must advance, in a meaningful manner, its work programme on climate finance readiness and preparatory support.

The  GCF Board members from Barbados and Zambia, representing the Small Island Developing States and Least Developed Countries constituencies, have called for the prioritisation of activities related to readiness and preparatory support during the design of the Fund, as developing countries in these groups have, traditionally, not accessed climate finance at levels commensurate with their high vulnerability to climate change.

Take, for example, the case of the Caribbean. Of the 694 national projects approved by the Global Environment Facility (GEF) under its climate change focal area between FY 1991 and FY 2013, only 33 national projects from CARICOM countries received support. This represents a mere USD24 million or less than 1% of the total USD2.5 billion grant financing provided by the GEF for national climate action. The amount allocated to the Caribbean must be seen in the context of a worsening of the climate change phenomenon and of economic losses in excess of USD1 billion in three Caribbean countries for 2012 alone.

This inability of Caribbean countries to access climate financing can be directly attributed to institutional constraints; to difficulty in identifying priorities and developing coherent investment programmes; and to serious deficiencies in capacity to effectively and efficiently implement projects and programmes.
It is extremely important to note that, in general, the burdensome criteria attached to accessing resources are often by themselves a deterrent to access.

The situation is complicated by the monitoring and reporting requirements to evaluate outcomes.
Therefore, if these countries and other countries with similar capacity constraints are to benefit from the GCF, it is crucial that focus is placed on “climate finance readiness” at the national, regional and international levels ~Dr. Warren Smith

Despite these challenges, Dr. Smith notes that there is consensus, at the highest political levels in the Caribbean, on the way forward.

Leaders have endorsed a Regional Climate Change Strategy and Implementation Plan to guide national and regional efforts towards building climate-resilient, low-carbon economies. This effort will require transformational change by national governments, regional organisations, civil society and the private sector, underpinned by an unprecedented level of financial resources and technical assistance. Within the context of the regional Implementation Plan, CDB has been assigned, and takes seriously, the role of spearheading the Region’s resource mobilisation efforts.

Dr. Smith says the region must boost  capacity (policy, institutional, expertise and accountability) and develop investment-ready, low-carbon climate-resilient projects and programmes to benefit from the GCF and other new flows of low-carbon, climate-resilient financing.

Dr. Smith was speaking at the launch of the Green Climate Fund Workshop on Climate Finance Readiness in Barbados on July 11, 2013. Read his speech here.

** The workshop was convened by CDB, in partnership with the Green Climate Fund and the Government of Germany through GIZ.

Dr. Kenrick Leslie, CBE, Executive Director of the Caribbean Community Climate Change Centre, also spoke at the workshop. See highlights of his speech here and/or review the actual speech here.

Also read: Dr. Ulric Trotz says the Caribbean lags in climate finance

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