United Nations Development Programme

Russian Federation


News

07.11.2011. Two guidebooks advancing climatefriendly development published in Russian

MOSCOW, 7 November 2011 The United Nations Development Programme (UNDP) is launching today two guidebooks in Russian aimed at helping policy makers tap environmental finance markets and pursue climate-resilient development strategies.


The two books are: Catalysing Climate Finance: A Guidebook on Policy and Financing Options to Support Green, Low-Emission and Climate-Resilient Development; and Preparing Low-Emission Climate-Resilient Development Strategies: A UNDP Guidebook.



Catalysing Climate Finance provides guidance for decision makers on how to tap growing environmental finance markets. It draws on UNDPs experience managing over 1,000 multi-million dollar climate projects over the last two decades. It contains a step-by-step guide for identifying and implementing an optimal mix of public policies and funding instruments to raise climate finance.


 The publication comes at a critical moment, when new sources of public finance, such as the Green Climate Fund, are being established. Between 2009 and 2010, clean energy sector investments worldwide grew 30 percent to a record $243 billion. Only about one tenth of investments went into developing economies, which could benefit from greener, less carbon-intensive growth.



Despite global economic uncertainty, developed and developing countries alike have been pursuing low-carbon, climate-resilient development policies. However, most governments lack the knowledge and capacity to operate in the complex and highly technical climate finance landscape, where more than 6,000 equity funds and scores of international public funds and carbon markets operate.



The second publication, Preparing Low-Emission Climate-Resilient Development Strategies, is an Executive Summary to a series of manuals and guidebooks that UNDP has published in support of low-emission and climate-resilient development strategies.


The series of manuals and guidebooks draws upon the experience and knowledge generated through UNDP climate change adaptation and mitigation projects and National Communications to the United Nations Framework Convention on Climate Change (UNFCCC) in some 140 countries over the past decade.


Preparing Low-Emission Climate-Resilient Development Strategies offers a brief overview of how to identify key stakeholders and establish participatory planning and coordination frameworks; how to generate climate-change profiles and vulnerability scenarios; how to identify and prioritize mitigation and adaptation options; how to assess financing requirements; and how to develop low-emission climate-resilient roadmaps for project development, policy instruments, and financial flows.


 


The Russian Federation has made energy efficiency a top priority. Since 1998 the country has nearly decoupled economic growth from greenhouse gas emissions. Between 1998 and 2008 GDP doubled, but greenhouse gas emissions only rose by 12 percent.


 


According to various assessments by think tanks, achieving dynamic economic growth will require increased energy efficiency and greater use of renewable energy in Russia.  The transition to low-carbon development has to be completed by 2030 at the latest; otherwise energy shortages and high energy prices will constrain economic growth. To catalyze energy efficiency improvements, innovative climate finance instruments should be introduced. 


UNDP has been supporting Russias climate change and energy efficiency priorities through projects that support:



  • Efficient lighting;
  • Better standards and labels to promote energy efficiency;
    Energy efficiency of buildings in the northwest Russia;
  • Greening 2014 Sochi Olympics;
  • Reducing greenhouse gas emissions from vehicle traffic in medium-sized cities.

For additional information on low emissions development strategies and climate finance please visit www.undp.org/energyandenvironment/climatestrategies.




 

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