
Environmental and Social Safeguards in the Green Climate Fund
Learn about the Green Climate Fund and its commitment to environmental and social safeguards, including the adoption of best practices and the development of an Environmental and Social Management System (ESMS) to manage impacts effectively. Key considerations and elements of the ESMS, as well as the Secretariat's assessments and implementation processes, are also discussed.
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Presentation Transcript
The Green Climate Fund and environmental and social safeguards Leonardo Paat, Jr. Washington DC, 05 October 2016
About GCF World s largest climate fund Agreed by 194 Parties to the UNFCCC Provide support to developing countries Mitigation: reduce greenhouse gas emissions Adaptation: adapt to unavoidable impacts Investment mix: public and private sector
Background Commitment and mandate to adopt best practice environmental and social safeguards (Governing Instrument for the Green Climate Fund) Adoption of the IFC s Performance Standards on Environmental and Social Sustainability as interim environmental and social safeguards (ESS) standards (Decision B.07/02 paragraph (c)) Initial proposal approval process describing interim ESS compliance assessment by the Secretariat (Decision B.07/03 paragraph (a), Annex VII) Further description of assessing conformance to the Fund s ESS (Decision B.08/02, Annex 1) Development of an environmental and social management system (ESMS) for the Fund (Decision B.07/02 paragraph (n))
Environmental and social management system (ESMS) ESMS Set of management processes and procedures for avoiding, reducing and managing adverse environmental and social impacts, maximizing any potential benefits, and improving the environmental and social performance over time and in consistent ways. It brings together the various existing policies and practices Accreditation Framework Results Management Framework Monitoring and Accountability Framework Information Disclosure Policy Risk Guidelines and Register Independent Redress Mechanism Gender Policy
Key considerations and elements of ESMS Environmental and social policy Links to existing policies and practices Environmental and social standards Management processes and procedures Stakeholder engagement Guidance, tools, best practices
Secretariats assessments Capacity and commitment to manage and implement the ESS requirements ESMS (PS 1: Assessment and Management of Environmental and Social Risks and Impacts) Institutional assessment Risk screening based the ESS standards and the accreditation of the entity. Assessment instruments and management plans Safeguards implementation and supervision including roles and responsibilities, capacities, monitoring, and reporting Stakeholder participation and consultation Programmes and projects assessment
ESS of approved projects Eastern Europe 1 Asia-Pacific 7 Approved projects: 17 Of which 9 are Category B 5 are Category C 3 Intermediary (I2 and I3) Most cited applicable PS:1,3, and 4 Management instruments: ESMP and ESMF ESA done for Category B Risk screening of all projects Africa 5 Latin America 4
Stakeholder engagement Stakeholder analysis and planning Country ownership Information disclosure Grievance and redress mechanism
Summary The ESMS is currently being developed that builds upon the existing policies and practices of the Fund and supported by the interim environmental and social safeguards standards The ESMS and the ESS are expected to continue to evolve and improve over time Practices continuously fine-tuned to meet ESS requirements Relevant best practices, tools, and guidance are sought to improve ESS application and outcomes