World Bank Group GEF Program

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1 World Bank Group GEF Program Global Environment Facility: -Transport World Bank GEF Coordination Team

2 Content How does GEF work? World Bank s role in the GEF partnership The GEF transport activities What s next?

3 How does GEF work? Key Concept: the GEF is not a project financier, but a project co-financier providing new and additional funds to address global environmental issues, i.e. incremental cost. Incremental Cost: Cost of activities for the global environment beyond what is required for national development. GEF projects must complement national programs and policies to maximize global benefits. 1) Establish the baseline 2) Determine cost of GEF alternative 3) Incremental cost (project budget) = GEF alternative cost of baseline

4 World Bank s role in the GEF partnership As an Implementing Agency: Ensures the development and management of investment projects. Draws upon its lending experience and policy dialogue with developing countries to help them identify, prepare and implement projects that simultaneously reduce poverty, improve the local, environment and benefit the global environment. Is accountable to GEF Council for its GEF-financed activities. Is accountable to GEF Council for the implementation of the operational policies, strategies and decisions of the Council. As a Trustee : Is accountable to GEF Council for the performance of its fiduciary responsibilities. Administers the GEF Trust Fund in accordance with the applicable provisions of the Instrument and decisions of the GEF Council. Mobilizes resources for the Fund and manages the Fund.

5 World Bank GEF Program accomplishments (1) Over $23 billion mobilized since Active Bank/GEF portfolio (end FY06): 223 projects Over 100 countries $1,528 m total GEF grant commitments (8% growth from FY05) About 80 percent of planned cofinancing raised since the GEF s inception (Third GEF Overall Performance Study). World Bank Group GEF Program: Mobilizing Public and Private Funds $23.3 billion Other cofinancing $15 billion IBRD & IDA $5.2 billion GEF $3.1 billion

6 World Bank GEF Program accomplishments (2) GEF Amount Approved by Region FY06 Percentage Middle East & North Africa Latin America 0% & Caribbean 35% South Asia 2% Africa 30% IFC 6% Europe & Central Asia 9% East Asia & Pacific 18% Fiscal Year 2006 The largest share of commitments under implementation: Latin America (26%), East Asia & the Pacific (23%), Africa (21%) and Europe and Central Asia (14%).

7 GEF OP 11 1 of 4 Ops linked to Climate Change focal area Supports global env. Priorities in urban transport area Promotes low-carbon technologies Modal shifts to less polluting forms of transport related Bus rapid transit, light rail transit, traffic demand management, nonmotorized transport, land use planning, and regulatory market regimes aimed at management of transport demand GEF grant linked to: awareness generation, policy adjustments, regulatory initiatives, climate-friendly technology option, through enabling activities, MSPs & FSPs

8 World Bank GEF Program :Transportation Brazil, Sao Paulo air Quality Improvement program ($12M from GEF, $34.1 co-financing) Burkina Faso Pilot project to improve Transport Efficiency ($.9M GEF &$13 co-financing) Chile Sustainable transport ($7M GEF & $13.4 cofinancing) Other projects include China, Ghana Indonesia,Malawi,Mexico,Peru, Philippines,RegionalEast Asia, Regional Latin America, Russian Federation and Vietnam. Total portfolio Approx: $1billion

9 GEF TRANSPORT PROJECT (U.S. million dollars) Country and Region Project Stage GEF Financing Co-financing Total Brazil Burkina Faso Transport and Air Quality Improvement Program for São Paulo Pilot Project to Improve Transport Efficiency and Reduce Urban Air Pollution in Ouagadougou Chile China Sustainable Transport and Air Quality for Santiago Sustainable Urban Transport Program Effective Ghana Indonesia Accra Urban Transport Surabaya Sustainable Urban Transport GEF Council approved Malawi Mexico Rural Infrastructure Services Climate Friendly Measures in Transport Effective Peru Philippines Regional East Asia Lima Urban Transport Metro Manila Urban Transport Marikina Bicycle Network Sustainable Transport and Environment Program (STEP) for East Asia Effective Effective Regional Latin America Sustainable Transport GEF Council approved Russian Federation Improving Fleet Management Practices in the Russian Federation (IFC) Vietnam Hanoi Urban Transport Development GEF Council approved

10 What s next? Increasing demand for GEF resources Strategic partnerships Programmatic approaches (e.g. Still testing what works and what doesn t with the new management) Enhanced partnership with the private sector

11 GEF 4 Strategic Objectives (taken from Summary of Negotiations) Climate Change Develop, expand and transform the markets for energy and mobility so that over the long term, they will be able to grow and operate efficently toward a less carbon-intensive path. Facilitating sustainable mobility in urban areas Target: US $ 130 Million to transform 15 markets

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