Technology Transfer for Climate Change
What is Technology Transfer for Climate Change?
The role of the GEF in Technology Transfer
GEF-6 and Technology Transfer
The GEF-6 Climate Change Mitigation Strategy supports innovation and technology transfer at key early and middle stages, focusing on the demonstration and early deployment of innovative options. The GEF support aims to help address elevated risks associated with innovation and mitigate the barriers of technology transfer, and to pilot promising approaches.
Under the GEF-6 Program 1, the GEF will support projects in the following categories:
- Technologies with transformational potential;
- Acceleration of low emission technology innovation and uptake through demonstration, deployment, transfer using policies and mechanisms;
- Collaborative initiatives with stakeholders, including the private sector, to adapt technologies to user needs.
During the first year of GEF-6 (July 2014 – June 2015), 14 projects with technology transfer objectives were approved with $221.4 million of GEF funding and $2.5 billion of co-financing. They include the Sustainable Cities IAP and projects addressing the transition from fossil fuel to renewable energy in SIDS.
Climate Technology Centers & Network
During the UNFCCC COP18 held in Doha, Qatar, in December 2012, Parties agreed to launch the operationalization of the Climate Technology Center and Network (CTCN). They selected a consortium led by the United Nations Environmental Programme (UNEP) as Climate Technology Center host. The CTCN is an important part of the Technology Mechanism established by UNFCCC.
In response to UNFCCC Decision 2/CP.17, GEF consulted with UNEP and UNIDO, and the middle sized project to support the CTCN was approved in June 2015.
This project supports the implementation of climate technology transfer and deployment projects in seven countries, enabling the CTCN to design and test a framework to work with financial institutions to help developing countries towards designing practicable investment opportunities. The project is expected to serve as a pilot helping draw lessons to help mobilize national allocations to further support CTCN activities under GEF-6.