News

Meeting the challenge of the Poznan Strategic Program on Technology Transfer

April 2, 2009

By Monique Barbut, Chief Executive Officer and Chairperson, Global Environment Facility 

 

WASHINGTON DC, April 2, 2009 - The Full article can be read on http://climate-l.org/

 

"Promoting the transfer of environmentally sound technologies and know-how to developing countries is a key mandate for all countries, rich and poor, committed to facilitating change through an international climate change treaty. And as an operating entity of the financial mechanism of the UNFCCC, the Global Environment Facility (GEF) has the mandate to provide finance resources to support this vision.

Over its history the GEF has delivered US$2.5 billion to support more than 30 climate-friendly technologies in over 50 developing countries. And because of the GEF’s comparative advantage as a networked institution, we have leveraged an estimated additional $15 billion in co-financing from our partner agencies, national and local governments, non-governmental organizations, and the private sector. In addition, the GEF has provided funding for technology needs assessments and other enabling and capacity-building activities in over 130 countries throughout the world.

The completion of the Poznan Strategic Program on Technology Transfer supports GEF’s response to the decision taken by the 13th session of the Conference of the Parties (COP) to the UNFCCC in Bali requesting the GEF to elaborate a strategic program on technology transfer. Over the past 17 years, GEF has been carrying out its mandate in promoting transfer of environmentally sound technologies under the guidance of the COP. The Poznan announcement is a step forward in the technology transfer negotiations by the COP. It is also our hope that the Poznan announcement will help pave the way for the upcoming negotiations on technology transfer and climate change financial architecture leading up to Copenhagen."...