The USAID LEAF program organized an expert meeting on financing low emissions development strategies (LEDS) in the Agriculture, Forestry and Other Land Uses (AFOLU) sector. In recognition of the gaps in development and implementation of AFOLU LEDS between the public and private sectors, the meeting brought together 20 key public and private sector representatives to discuss potential financing options for AFOLU related LEDS, with a focus on private sector engagement.
Ron Benioff, Director of the LEDS Global Partnership, said at the meeting that,“To expand financing for low emission development strategies in the AFOLU sector, there are four key requirements: sustainability standards, de-risking instruments, identification and aggregation of bankable projects and engagement of domestic institutions,” adding that “Supportive governance frameworks are also necessary.”
The session resulted in recommendations on how to further leverage financing for AFOLU-related LEDS, which will be presented during the November 12 forum session on Financing Low Emissions Development Strategies (LEDS) in the AFOLU sector.
Launch of the Intergovernmental Panel on Climate Change’s (IPCC) Fifth Assessment Report Synthesis (14:00 to 17:00)
This session featured IPCC Working Group I Vice-Chair Dr. Fredolin Tangang (Malaysia), IPCC AR5 authors Dr. Joyeshree Roy (India), Dr. Edvin Aldrian (Indonesia), and Dr. Poh Poh Wong (Singapore), and other experts explaining the findings of the IPCC Fifth Assessment Report (AR5) Synthesis report and addressed questions including: How is human activity changing the global climate? What does the IPCC’s Fifth Assessment Report tell us about the action the world must take? What is most relevant for Asia? and, What do the IPCC’s findings mean for Asia’s prospects for climate compatible development?
DOWNLOAD the press release from the event.
Mr Ali Sheikh, Chief Executive Officer, LEAD Pakistan, and Regional Director Asia, Climate and Development Knowledge Network (CDKN), noted that the report, only 30 pages, has synthesized many, many pages of information. Bringing down the content to a condensed volume has helped the IPCC to work with many countries and cities.
Mr. Sheikh said that, “Two degrees in temperature change may give false comfort to some, as this is a large change, especially for island nations.”
Dr. Fredolin Tangang stressed that “human influence on the climate system is clear,” and that “the more we disrupt our climate, the most we risk sever, pervasive and irreversible impacts.” He mentioned several key findings from the report and related research, including:
He concluded by noting that “The choice is with us. The choices we make will create different outcomes.”
During the discussion with participants, several comments was made that “sometimes scientists and local actors and the government do not sit together; we need to bridge this gap to facilitate action.”
Note: CDKN.org has infographics and more info on the 4 IPCC synthesis reports available on their website: www.cdkn.org
Ir Rachmat Witoelar, the Executive Chairman of the National Council on Climate Change of Indonesia, opened the forum and on behalf of the host organization welcomed the approximately 225 attendees from around Asia and the world. Selected remarks from Mr. Witoelar include:
Mr. Orestes Anastasia, Co-Chair of the Asia LEDS Partnership, and Senior Regional Climate Change Advisor with the USAID Regional Development Mission for Asia in Bangkok, explained the mission and activities of the Asia LESD Partnership as the main organizer of the forum. He thanks all the partners and sponsors for their support, and noted that the Asia LEDS Partnership is a regional, voluntary network that now has 92 organization members and 128 additional individual members.
Mr. Rintaro Tamaki, Deputy Secretary-General, Organization for Economic Co-operation and Development (OECD), opened the session with the lead speech based on a new OECD report, Towards Green Growth in Southeast Asia. Selected comments from Mr. Tamaki include:
More to follow…
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