GEF Climate Change Mitigation Programs/Objectives
Objective 1: Promote the demonstration, deployment, and transfer of innovative, low-carbon technologies
Projects supported under this objective targets innovative technologies with potentially significant long-term impacts on carbon emissions. GEF support may involve the demonstration, deployment, and transfer of commercially available technologies that were identified as priorities by the recipient countries but have not been widely adopted in their particular markets. GEF support includes technical assistance for creating an enabling policy environment for technology transfer, North-South, and South-South technology cooperation, purchase of technology licenses, and investment in pilot projects. The GEF is also prepared to support technology centers and networks at the global, regional, and national levels. The target for this objective is the demonstration of three to four innovative technologies in 10 to 15 countries. Technologies at the diffusion stage or those in wide-scale dissemination are considered under other objectives.
Objective 2: Promote market transformation for energy efficiency in the industrial and buildings sectors
Projects supported under this objective aims to step up policy interventions and scale up energy efficient investments. For industry, emphasis is placed on energy-efficient industrial production and manufacturing, particularly in small and medium enterprises (SMEs). For buildings, the GEF support covers the building envelope; energy-consuming systems; appliances; and equipment used for heating, cooling, lighting, and building operations. Emphasis is also placed on integrated and systematic approaches. Promotion of energy-efficient cook stoves will also be covered. Projects under this objective may extend to supporting the phase-out of HCFCs used in industry and buildings prior to the phase-out dates under the Montreal Protocol.
Objective 3: Promote investment in renewable energy technologies
Projects supported under this objective lead to a step change in the development and diffusion of reliable, least-cost renewable energy technologies. GEF support may cover on-grid renewable energy, decentralized production of electric power, as well as heating with indigenous energy sources, including biomass, solar, wind, hydro, and geothermal. GEF support could also cover sustainable production of biomass for biofuels, as a substitute for fossil fuels where appropriate conditions exist, as well as methane recovery from biomass wastes for power and heat generation. GEF projects can promote local SMEs to enhance their technical capacities to provide installation, operation, and management support.
Objective 4: Promote energy-efficient, low-carbon transport and urban systems
This objective supports interventions for land use and transport planning, public transit systems, energy efficiency improvement of the fleet, efficient traffic control and management, transport demand management and non-motorized transport. Technological options in the transport sector, such as clean, low-carbon vehicles, may be considered in countries where such options can be expected to achieve significant reduction in GHG emissions as well as local development environmental benefits. GEF support under this objective may involve technical assistance, innovative financing mechanisms, awareness campaigns, and investments in demonstration and deployment of high-performance technologies.
Objective 5: Promote conservation and enhancement of carbon stock through sustainable management of land use, land-use change, and forestry
This objective aims to conserve, restore, enhance, and manage carbon stocks in forest and non-forest lands, and to prevent emissions of the carbon stocks by reducing the pressure on these lands in the wider landscape. Deploying low carbon technologies may reduce demands from resources produced by land management, and simultaneously adopting and deploying new land management responses can synergistically enhance and sustain carbon sequestration and conserve stocks. GEF support could include development of national systems to measure and monitor carbon stocks and fluxes from forest and non-forest lands, policy and institutional strengthening, local community good practices, and establishment of financing mechanisms or investment programs.
Objective 6: Support enabling activities and capacity building
This objective aims to provide support for non-Annex 1 parties to prepare their National Communications to the UNFCCC and meet their obligations under the Convention. The GEF will also continue to fund the preparation and updating of TNAs in accordance with Convention guidance. Furthermore, the GEF can support carbon markets.