Assessment of city programs for fungibility in interna4onal markets: applica4on of the MAAP Tool

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1 Assessment of city programs for fungibility in interna4onal markets: applica4on of the MAAP Tool Credi&ng to support subna&onal ac&ons Miguel Rescalvo Paris, May

2 Subna4onal Ac4on - Ci4es New mi:ga:on landscape Specific challenges for ci:es Level of Authority Access to Finance Capacity What do we need? Scalability / Aggrega:on Risk signals Structure Credi:ng level of assurance 2

3 What is the MAAP Tool? MAAP (Mi:ga:on Ac:on Assessment Protocol) Tool to assess mi:ga:on ac:ons Applicable to diverse MA including LCCP Focused on credi:ng Quan:ta:ve assessment of 4 areas Design of the MA Management En:ty Investment Environment Sustainable Development 3

4 How MAAP Tool can support MA in ci4es? Building blocks for the development MA seeking support Level of confidence to governments and investors: viability and level of risk ensuring emissions integrity. Tool to compare different carbon assets and their mi:ga:on value Facilitate benchmark and improvement 4

5 Development Process Stakeholders engagement Carbon Expo May 2013 La:n America Carbon Forum (Rio de Janeiro), FICCI (New Delhi), Asian Carbon Forum (Bangkok) Fall 2013 GHG verifiers. Thailand Feb 2016 Working group - Globally Networked Carbon Markets WB Internal Mee:ng June 2013 Paris Working Group mee:ng 1 Sept Webinar Update Dec Paris Working Group mee:ng 2-February 2014 Peer review Comments invited from the Working Group, selected individuals and organiza:ons Technical peer reviewrs (IdeaCarbon, C2B2) IISD, New Climate Ins:tute Testing and Pilots Peru, Ecuador, Thailand 5

6 MAAP Tool Structure 6

7 Peru Mi:ga:on Ac:on Evalua:on Framework - Adapta:on of MAAP Tool to Peru Government Priori:es Evalua:on Process MA Program Design Management En:ty Alignment with RBF MA Development Benefits Short version available for Mi:ga:on Ac:ons on early stages Provides input for the future Mi:ga:on Ac:on Registry 84 3 Desk-based analysis of public available informa:on on iden:fied mi:ga:on ac:ons Interviews and evalua:on of detailed informa:on provided 1. Cement NAMA 2. Solid Waste Management NAMA 3. Mi:ga:on Ac:on on Distributed PV panel 7

8 Peru Mi:ga:on Ac:on Evalua:on Framework Solid Waste Management NAMA Módulo:"Programa"de"la"Medida"de"Mi8gación" Módulo:"En8dad"Gestora"" PM1" 20" PM7" 15" " PM2" EG2" 16.8" 30" 5" 0" PM6" PM3" EG1" 30.8" 70" PM5" PM4" 0" " 20" 30" 40" 50" 60" 70" 80" Módulo:"Alineación"PPR" Módulo:"Contribución"Desarrollo"Sostenible" BD1" 40" PPR2" 47.6" 70" 30" 20" " 0" PPR1" 16.8" 30" BD3" BD2" 0" " 20" 30" 40" 50" 60" 70" 80" 8

9 LCC Program- Phitsanulok Feb 2016 Module Impact Area Weighted rating LCC Program Design LCC Program Management Entity LCC Committee Weighte d Rating PM1 1.Definition and scope of the MA 20% PM2 2. Objectives and targets 20% PM3 3. Planning 20% PM4 4. Roles, Responsibilities And Authorities Max Rating % 20 2 PM5 5. Documents and records control. % 20 2 PM6 6. Emissions reductions from interventions % 20 2 PM7 7. monitoring and reporting % 20 2 EG1 1. Management Framework 50% EG2 2.Finance and investment 20% EG3 3. Climate change programs management 30% Module Rating Sustainable Development Contribution BD1 1. Development 40% BD2 2. Planning and participation 30% BD3 3. Monitoring of development benefits. 30%

10 LCC Program- Phitsanulok Feb 2016 LCC Program Design 1.Defini:on 20 and scope of the MA monitoring and repor:ng Objec:ves and targets Emissions reduc:ons from interven:ons Planning 20 Ra:ng Max Ra:ng 5. Documents and records control. 4. Roles, Responsibili:es And Authori:es

11 MAAP Tool for Ci4es LCCP Level Goals Carbon Markets Goals Exchangeability of carbon assets Dev. Bank; Dev agency to screen top LCCP Private sector tool to select LCC interven:ons LLCP Level Goals Basis for design new LCCP Self Evalua:on of exis:ng LCC efforts Benchmarking to similar ci:es Na:onal Govt. priori:za:on based on MAAP Tool results 11

12 Conclusions MAs at the city level need a structure to airact support MA needs to be managed beyond iden:fying mi:ga:on projects Credi:ng- affect this structure MAAP Tool provides building blocks MAAP flexible / customized 12