2016 International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington DC 20433, U.S.A. Internet:

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1 Monaco

2 The (I)NDC Content Briefs were produced by the Climate Policy Team of the World Bank Climate Change Group. The team was led by Sebastian Wienges and Ana Bucher under the supervision of Stephen Alan Hammer. Detail analysis of country (I)NDC was provided by Tom Witt, Jiawei Song, Karan Chouksey (mitigation components), Yin Qiu, Yunziyi Lang, and Prajwal Baral (adaptation components). The team is grateful for all comments and suggestions received from regional and sector specialists regarding the presentation and synthesis of relevant information International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington DC 20433, U.S.A. Internet:

3 In response to a growing interest in understanding (Intended) Nationally Determined Contributions ((I)NDCs) and with regard to the ultimate goal of supporting countries' implementation of their national climate targets, the World Bank Climate Policy Team (WB CPT) has reviewed all developing countries (I)NDCs' submitted to the UNFCCC. The (I)NDC Content Brief aims to provide a summary analysis of existing and instead country mitigation and adaptation policies and plans, commitments and targets, implementation strategies and sector priorities, associated costs and conditionalities, and stated gaps and needs, among other issues. The (I)NDC content briefs are created solely on the basis of information from submitted (I)NDCs and makes no inferences about robustness, quality, or viability of intended policies or actions. The (I)NDCs review will help implementing organizations like the World Bank Group (WBG) identify and familiarize with a range of country priorities in terms of sectoral engagement, and needs in terms of capacity building, technology transfer, and financing. Based on this comprehensive mapping exercise, the WBG will develop a useful, easy to use, and interactive database and briefs of all (I)NDCs to inform a wide range of WBG initiatives and client engagement processes, including the development of Systematic Country Diagnostics (SCDs) and Country Partnership Frameworks (CPFs), and at a later stage respond to the more specific requests from all WBG Global Practices (GPs), regions, and country units for the identification of potential development opportunities, analytical studies and technical assistance to support countries' implementation of planned policies and actions. In depth summaries of (I)NDCs by sectors and regions will be prepared at a later stage. In regards to Adaptation, although no global adaptation mechanism is established, the Paris Agreement parties are required to engage in adaptation planning and implementation of actions which include preparation of adaptation plans. The Adaptation section of a large number of submitted (I)NDCs, aims to increase development planning and scale the ability of countries to adapt to the adverse impacts of climate change and foster climate resilience and low greenhouse gas emissions development, in a manner that does not threaten sustainable development. In addition to requested finance, the implementation of country commitments is largely tied to significant amounts of external assistance to support development and execution of adaptation plans. Although subsequent (I)NDCs are not explicitly required to have an adaptation component, the process will ensure increased resilience is recognized under the UNFCCC and climate finance mobilization is enhanced with an aim to achieve a balance between adaptation and mitigation flows.

4 I Overall Planning and Preparation Process II Mitigation Economy wide Targets Economy wide Policies Mitigation Actions and Policies III Adaptation Adaptation Targets Adaptation Context Adaptation Actions and Policies Acronyms BAU Business as Usual NAMA Nationally Appropriate Mitigation Actions CIF PPCR Climate Investment Funds Pilot Program for Climate Resilience NAP National Adaptation Plan DRM Disaster Risk Management NAPA National Adaptation Programmes of Action INDC Intended Nationally Determined Contributions REDD+ Reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries LEDS Low Emission Development Strategy LULUCF Land Use and Land Use Change and Forestry

5 Monaco (mitigation and adaptation) Head of state level Interministerial level Parliament Ministry Level Stakeholder involvement Multisector commision LEDS NAMAS NAPA

6 Technical support Financial support Technology Transfer Financial support Capacity Building Link list: Monaco INDC Factsheet (projected per capita emissions): energy college.net/files/site1/factsheets/monaco_indcfactsheet_uom PRIMAP_GWPAR4.pdf

7 WESTERN EUROPE Monaco (Intended) Nationally Determined Contribution Mitigation ECONOMY-WIDE TARGETS TARGET YEAR 2025 Conditionality: N/A TARGET TYPE -40% Absolute Emission Reduction Compared to Base Year (%) 1990 in Billion USD) ( COST OF IMPLEMENTATION INDC page link Unconditional part of mitigation target: n/a Conditional part of mitigation target: TARGET YEAR 2030 Conditionality: N/A TARGET TYPE -50% Absolute Emission Reduction Compared to Base Year (%) 1990 in Billion USD) ( COST OF IMPLEMENTATION INDC page link Unconditional part of mitigation target: n/a Conditional part of mitigation target: Coverage of Gases: Other Targets: POLICIES: Climate Policy Team World Bank Group n/a n/a n/a CO 2, CH 4, N 2O, HFCs, PFCs, SF 6, NF 3 n/a n/a n/a

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11 WESTERN EUROPE Monaco (Intended) Nationally Determined Contribution Adaptation ADAPTATION TARGETS N/A TARGET YEAR N/A in Billion USD) ( COST OF IMPLEMENTATION ADAPTATION CONTEXT Existing National Development/Resilience Policies and Plans National Communications NAPs NAPAS CIF-PPCRs Sectoral Strategies Cross-cutting Conditionality: Unconditional part of adaptation implementation Conditional part of adaptation implementation Conditional upon international provision of means of implementation Climate Policy Team World Bank Group N/A N/A NO

12 HEALTH

13 WATER

14 ENVIRONMENT

15 URBAN

16 ENERGY

17 SOCIAL DEVELOPMENT

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