Report from Nexus team at COP17

Nexus was present at UNFCCC COP17, in Durban, South Africa, next December, with the aim of raising awareness about the challenges encountered by project developers to fund low carbon technologies for the most vulnerable populations

Nexus sent 4 person on site. The delegation was led by its Chairman Priya Karve from organization ARTI.

PRESS COVERAGE

Priya Karve covered the events for the Ashden awards. Her contribution can be found here: Decentralised energy is equitable and pro-poor - opinion back from Durban

 

 

Nexus team was interviewed by Climate Change T.V

William Theisen, Consultant, Nexus-Carbon for Development

 

 

 

Raphaele Deau, Director of Partnerships and Communications, Nexus-Carbon for Development

 

 

Nexus was also invited to contribute to AlertNet dispatches from Durban blog.

SIDE EVENTS

Nexus and Yale University co-organized a side event about the theme: “Financing Clean Energy for Rural Populations: Bridging climate finance with field realities”.

The session was facilitated by Jiwan Acharya from the Asian Development Bank, who introduced the session by setting the context: the Clean Development Mechanism has shown limits to the extent of which it can support clean rural energy projects. As new finance mechanisms are emerging, it is crucial to look at how CDM has performed, and draw recommendations for future climate funding. Jiwan Acharya invited three speakers to present their thoughts.

François-Xavier Duporge, Secretary General of the French Global Environment Facility, presented case studies and lessons learnt from projects that receive FGEF support, such as the Rural Carbon project in China.

According to Priya Karve, Nexus Chairman, two main challenges are emerging for development practitioners. The first one is linked to the definition of pro-poor interventions: are they limited to LDCs? How could we quantify their additional value and ensure a fair price for carbon credits emerging from these projects? The second challenge is to coordinate top down approaches (such as funding from multilateral agencies) and bottom up initiatives (such as Nexus, an alliance of development practitioners) to maximize impacts of funding on the field.

Jasmine Hyman, from Yale University, highlighted the importance of increasing the transparency in the way finance mechanisms reache target populations.

GERES, in partnership with Nexus organized a breakfast workshop to present a new tool for project developers. This tool supports them to assess the opportunities of CDM funding for small scale clean technologies.

 

 

For an analysis of the outcome of COP17, we invited you to read the following articles:

• IISD Reporting Services: summary of the meeting.

• Analysis from the Climate Group.