Latinoamérica y el Mecanismo

del Sector Privado en el Fondo AURELIO SOUZA

Representante de la sociedad civil ante la Facilidad del Sector Privado del Fondo

Verde del Clima.

"Rumbo a la 16va reunión de la Junta Directiva del Fondo Verde del Clima"

Founder and Director of sustainable energy and environmental service engineering and consulting firm.Researcher at Solar Photovoltaic Systems Laboratory (LSF) / Institute of Energy and Enviroment(IEE) / University of São Paulo (USP)

Developing Country Civil Society Representative at the Private Sector Advisory Group (PSAG)

Private Sector Advisory Group (PSAG)

The role of the PSAG is to make recommendations to the Board on the Fund‐wide engagement with

the private sector and modalities to that end.

PSAG composition• Two developing country Board members or alternate

members; • Two developed country Board members or alternate

members; • Up to four private sector representatives from developing

countries; • Up to four private sector representatives from developed

countries; and • Up to two civil society representatives from developed and developing countries.

PSAG members

2015 2017

Recomendations• On how the Fund, including its Private Sector Facility

(PSF), should engage the private sector in order to catalyze, mobilize and leverage flows of private climate finance in developing countries and make best use of the knowledge on best available technologies; • On the design and application of the Fund’s policies, procedures and financial instruments as they relate to engagement with the private sector; • On engaging the private sector in climate‐resilient development, particularly in Africa, and in adaptation activities at national, regional and international levels;

Recomendations• On promoting the participation of private sector actors in low‐emission and climate‐resilient development in developing countries, in particular local actors, including small‐ and medium‐sized enterprises and local financial intermediaries; • Make recommendations to the Board on activities to enable private sector engagement in low‐emission and climate‐resilient development in small island developing States and least developed countries; and • Respond to other matters on which its advice is sought by the Executive Director or the Board.

ActivitiesDecision Agenda

Decision B.05/12 Establishment and Terms of Reference of PSAG

Decision B.06/04 Initial modalities for the operation of Mitigation and adaptation windows and the PSF

Decision B.07/02 Guiding framework and procedures for accrediting national, regional and international implementing entities and intermediaries, including the Fund’s fiduciary principles and standards and ESS

Decision B.07/06 Fund’s financial risk management and investment frameworks

Decision B.07/07 Structure of the Fund, including the structure of its Private Sector Facility

Decision B.07/08 Initial modalities for the operation of the Fund’s mitigation and adaptation windows and its Private Sector Facility

Decision B.08/11 Revised programme of work on readiness and preparatory support

Decision B.09/09 Private Sector Facility: Working with local private entities, including small and medium-sized enterprises

Decision B.09/12 Initial term of Board membership 26. The Board adopted the following decision

Green = Done

ActivitiesDecision Agenda

Decision B.10/11Recommendations to the Board for a request for proposal (RFP) for entities to manage the MSME pilot programmes, and the terms of reference for an RFP for entities to mobilize resources at scale*, with an aim of launching both RFPs in 2016 (* incomplete)

COP20 GuidanceCOP20 Guidance – Recommendations on these matters, and to consider a draft request for proposals for a small and medium-sized enterprise programme and an outline of activities that could be undertaken to mobilize resources at scale (decision B.09/09)

Decision B12.07Guidance from the Conference of the Parties: Proposal from the Co‐Chairs – recommendations on the mobilization of private sector finance to progress the Fund’s forestry‐related result areas for consideration by the Board at its fifteenth meeting in 2016.

Decision B13/05

(a) Requests the Secretariat to undertake an analysis of barriers to crowding-in and maximizing the engagement of the private sector, and requests PSAG recommendations for consideration by the Board; and

(b) Further requests to present recommendation on the development of a private sector outreach plan session.

RED= Pending

ActivitiesDecision Agenda

Guidance from the COP17-20

To analyse recommendations made to the Board to enhance capacity within the Secretariat to assess the accreditation procedures for private sector entities, to enhance private sector involvement within the readiness programme, and to spell out the ability of the GCF to reduce currency risk

Decision B.15/03

Provide recommendations to the board:(i) The development of modalities to support activities enabling private sector involvement in the least

developed countries and small island developing States; and (ii)Opportunities to engage the private sector, including local actors, in adaptation action at the national,

regional and international levels; and

Decision B.BM -2017/02

Requests to have the presentation by B17:The results from an analysis of barriers to crowding-in and maximizing the engagement of the private sector, and the Private Sector Advisory Group recommendations requested pursuant to decision B.13/05;

Decision B.BM -2017/02

Request to have the presentation by B18:Recommendations on the development of a private sector outreach plan requested pursuant to decision B.13/05.

RED= Pending

Investment needs and process

Investment priorities

Where is the funding going?

Next requests•Recommendations on barriers to crowding-in and maximizing the engagement of the private sector before (B17).

•Recommendations on the development of a private sector outreach plan before (B18).

Gracias

• Aurélio Souza• (55 11) 3042 8300• aurelio@usinazul.com.br• aurelio@iee.usp.br