PRESIDÊNCIA DA REPÚBLICA CASA CIVIL Grupo de

Finance & Climate Change
Policy in Brazil
Carlos A. Klink
Ministry of the Environment
How much funding is flowing?
CPI 2014
Standing Committee on Finance UNFCCC (2014)
How much could be invested.
UNEP Aligning the
Financial System (2015):
“... Need of policy
convergence ...”
“ ... The reality is that the
global economy has
abundant stocks of financial
assets, but insufficient flow
of investment in the areas
where they are needed for
long-term sustainable
development”.
BRAZILIAN POLICY ON CLIMATE CHANGE
• 5 NAMAs: Amazon & Cerrado deforestation, Energy,
Low carbon Ag., Charcoal.
• 4 additional sector plans (2013): Industry (7 sectors),
Mining, Transportation, Public health (adaptation).
• Climate Finance.
• Policy Coordination.
• SMMARE Monitoring System (under construction).
• National Plan for Adaptation (under construction): 10
sectors.
RESULTS OF GLOBAL IMPACT
MCTI 2014
MONITORING, SCIENCE, CLIMATE FINANCE
SMMARE Amazon: reduction of 660
million ton CO2/year (2010-2014).
Forest reference level approved by
UNFCCC (2014) for REDD+
results-based payments.
CEMADEN early warning system for
disaster mgmt. & prevention (24/7):
20% of Brazil´s municipalities
covered (17 basins); funded by
climate change fund.
Climate projections (5km-5km scale),
both Brazilian Climate Change
Model & regional model HadgemEta-CEPETEC.
1st.
Brazilian Panel launched
National
Evaluation Report for climate
change (2015); funded by the
climate change fund.
Climate change fund: R$650 million
grants & loans. R$188 million disbursed
(2011-2014).
Inova Sustainability Program
(BNDES/FINEP/MMA): R$2 billion
committed; over 100 business plans.
Low Carbon Agriculture:
concessional loans (~US$3.2 billion 20102014).
Amazon Fund: results-based grants
REDD+ (~US$1 billion). 70 projects
approved (2008-2015); ~R$850 million
committed.
Amazon Fund 1st international
program for Amazon countries on forest
monitoring: strategic South-South
cooperation (~US20 million).
Brazil ~ 4.5 US$ billion
GCF ~ 10 US$ billion
Brazil should meet its committment by 2020.
Metrics:
GWP AR2
GTP AR5
BRAZILIAN POLICY ON CLIMATE CHANGE
•
Using national capacities to effectively reduce GHGs of
global significance.
•
Building strategies and instruments for low carbon
economy.
•
Developing capacity on Adaptation.
What next? Finance what?
OPERATIONAL LEVEL:
STRATEGIC LEVEL:
•
iNDCs 2015.
•
• From Environmental policy to Sustainable Development
policy: High level political decision & Governance.
Approval of Natl. Plan Adapation.
•
Improve ABC; deploy production and protection at
scale.
• Much higher capacity for policy convergence: Not only
how much, but what, when, by whom.
•
Forest restoration: PLANAVEG: 12.5 million hectares
next 20 years (combined area of Portugal + Belgium).
• Improve capacity for public policies & investments on
climate resiliency (risks and vulnerabilities).
•
Evaluation of Climate change & Amazon Fund.
•
Zero illegal deforestation; monitoring of non-AZ
biomes.
•
Final approval of national strategy REDD+ by CIM
(2015).
•
Full implementation of SMMARE monitoring system
(2015)
•
Consolidation of South-South cooperation: prospecting
Congo Basin (2015).
•
Energy: how to deploy renewables, bioenergy, hydro.
• Innovation: technologies, business models & social
practices.
• Engagement: finance, private sector & civil society.
Ministry of the Environment
Secretariat for Climate Change
smcq@mma.gov.br