Date
to
Venue
World Conference Center Bonn
UNFCCC Secretariat
UNFCCC Secretariat

The Bonn Climate Change Conference consisted of the forty-sixth sessions of the Subsidiary Body for Implementation (SBI 46) and  Subsidiary Body for Scientific and Technological Advice (SBSTA 46), as well as the third part of the first session of the Ad Hoc Working Group on the Paris Agreement (APA 1-3).

GEF side events at the Bonn Climate Change Conference

Poznan Strategic Programme on Technology Transfer: Innovative Financing Schemes of the Regional Technology and Financing Centres, 15 May 2017 (Monday), 18:30 - 20:00, Kaminzimmer

The GEF organized and held the side event, "Poznan Strategic Programme on Technology
Transfer: innovative financing schemes of the Regional Technology and Financing Centres"
during the Bonn Climate Change Conference May 2017 (SBSTA 46, SBI 46, APA 1-3). The
objective of the event was to share the experiences and lessons learned from projects and to provide
inputs to an update of the evaluation of the Poznan Programme. The speakers included Mr. Duarte
da Silva, Asia Climate Partners (ACP); Mr. Abhilash Thirupathy, Gold Farm; Ms. Astrid Motta,
EBRD; Mr. Boris Crivoi, JV Glass Container Company JSC; and Ms. Elfriede-Anna More,
Technology Executive Committee (TEC).

The speakers presented on their experiences and efforts in developing and deploying climate
technologies and supporting sustainable development. ACP, a private equity (PE) fund supported
by the ADB, was designed to create an investment management platform among private operators
and multilateral development banks and respond to growing sustainable investment needs from
the private sector, especially institutional funds and pension funds. It is one of the largest PE funds
for climate technologies in Asia. Mr. da Silva pointed out the investment growth potential of
environmental finance and its associated bottlenecks, which ACP attempts to address through its
climate public-private partnership fund concept. Gold Farm, a company providing solar powered
water pumps and training for small farmers in India, received investment from a venture capital
fund created by the government of India and is supported by the ADB. These farmers cannot access
commercial banks, but the services and capacity building by Gold Farm helps farmers build cash
flows and credit histories to gain access to these banks. Mr. Thirupathy spoke of the development
of Gold Farm and its key achievements. He also identified lessons learned from collaborating with
financing institutions on climate technologies and barriers to scaling up.

The EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) program
has supported private companies to introduce climate technologies through blended finance of
GEF grant resources and EBRD loans and technical assistance. So far, they have successfully
implemented 29 transactions that include a FINTECC grant component. Ms. Motta showcased
EBRD’s strategy and results, discussing three energy efficiency project examples in Belarus,
Georgia and Moldova. One of these is the company in Moldova. The Glass Container Company,
the second largest natural gas user in Moldova, is one of beneficiaries of the EBRD project. Mr.
Crivoi discussed the results of this project for the modernization of the lightweight glass factory,
highlighting the energy efficient technologies implemented and their economical and climate
benefits.

Ms. More reflected on the previous presentations, presented on TEC activities and shared key
findings from the latest TEC brief, ‘Enhancing Access to Climate Technology Financing’. Ms.
More also spoke about the evaluation of the GEF Poznan Strategic Programme, which is being
updated to draw on the experiences of the climate technology centres and their pilot projects.

During the discussion following the presentations, there were questions on scaling up
opportunities, replicability, reasons for success and the role of the GEF. ACP pointed that success
of the current business model would support scaling-up. Gold Farm stressed the benefit of venture
capital, which was fast and risk-taking as financing tool. The Glass Container Company
emphasized the importance of training of employees so that they could operate and maintain new
technologies properly. EBRD identified that the GEF financing was essential to shape their
services to deploy climate technologies.

The attached presentations are for internal use only and cannot be distributed without explicit
permission of the presenters.

Additional highlights and photos can be found at IISD’s side event coverage.