GEF at UNFCCC COP25

The Adaptation side event highlighted the importance of urgent action for adaptation in the most vulnerable countries especially the Least Developed Countries (LDCs). Leaders from LDCs shared how they are scaling up action through their proactive leadership and adoption of integrated approaches. Leading donor countries supporting adaptation in LDCs through the Least Developed Countries Fund (LDCF) presented their views on the importance of adaptation in LDCs and globally.

The event also reflected on the need for innovation, inclusion, and predictable long-term finance for adaptation.

The new GEF Global e-Mobility Program, in partnership with the International Energy Agency (IEA) and UNEP, is supporting an initial set of 17 developing countries to develop conducive policy and regulatory environments, ensure effective technology transfer and facilitate private sector engagement and access to commercial finance for the introduction of e-vehicle fleets. Complementing the GEF Program, the European Commission’s (EC) new global e-mobility initiative is supporting an additional 13 country and city projects. Together, these two new initiatives represent the first global coordinated effort to promote and accelerate the uptake of e-mobility in developing countries and will provide a global platform to share lessons learned and connect demand and supply for e-mobility solutions and financing.

This event outlined the current state of play of the e-mobility market worldwide and presented concrete experiences from a few selected countries and cities in the context of the two new GEF and EC initiatives.

• IISD Coverage of the event