#1Climate finance tracking and policy progress Trinidad and Tobago 田 EVENT: "CLIMATE FINANCE: TRACKING CLIMATE CHANGE- RELATED SUPPORT NEEDED AND RECEIVED" DATE: JULY 20, 2023 TOGETHER WE ASPIRE TOGETHER WE ACHIEVE#2OUTLINE • • Key organizations with responsibility for climate finance Current status of tracking climate finance Improvements to be instituted through CBIT Project . Provisions in the MRV system • Future system for climate finance tracking#3Ministry of Planning and Development (MPD)- National Focal Point to the UNFCCC Facilitates • national development through the following: ● ● • Coordinating all stakeholders in the development of Trinidad and Tobago's National Strategy for Development, Vision 2030; Coordination of national statistics; Environmental policy, planning and management; National monitoring and evaluation; Socio-economic planning, coordinating and monitoring; and technical cooperation on special projects and programmes inter alia.#4• KEY MPD DIVISIONS Environmental Policy and Planning Division Green Fund Executing Unit European Development Fund Socio-Economic Policy Planning Division (SEPPD) Inter-American Development Bank (IDB) Relations Caribbean Development Bank (CDB) Relations GEF-Political Focal Point GCF-National Designated Authority#5Key State Enterprise & Board ENVIRONMENTAL MANAGEMENT AUTHORITY (EMA) • The Authority facilitates co-operation among persons and manages the environment in a manner, which fosters participation and promotes consensus, including encouraging the use of appropriate means to avoid or expeditiously resolve disputes through mechanisms for alternative dispute resolution. Make recommendations for a National Environment Policy; Develop and implement policies and programmes for the effective management and wise use of the environment, consistent with the objects of the EM Act; Assist the Government in implementing global and regional environmental agreements; Co-ordinate environmental management functions performed by persons in Trinidad and Tobago amongst others; GEF Operational Focal Point In process of GCF accreditation -Emal environmental management authority FREGISTERE UL DQS Ine. Quality FIRM Management G ISO 9001#6Data/information gaps in tracking climate finance At present, there are no formal arrangements for collecting information or data on financial, technology and capacity building needs. DAT Emissions-related Data Economic Activity Data Public Resource & Development Assistance Data Adaptation-related Data Mitigation Efforts Resource Allocations Adaptation Efforts Strategies and Actions: Policies: NAMAS International & Domestic Finance NCCP Other Other Domestic Strategies and Policies (NCCP, NDC...) . CRS mitigation Resources and policies NDC actions International Actions National mitigation Other Standardized data reporting formats Energy data and statistics Technology Assistance Capacity Building Carbon Market Linkages To report finance, technology and capacity building needs and support received in T&T's TNC and FBUR an assessment was conducted through project-based activities by the MPD. The institutionalization and operationalization of the MRV of International Support and Domestic Resources system is expected to gather information on support received as well as support needs for the future. Knowledge Management National Repository of Information, including: GHG Inventory National strategies actions Transportation data and statistics National GEF#7CBIT_TT Project's outputs Capacity building Emissions MRV W Mitigation actions / NDCs National Transparency System KI M&E National planning processes Other reporting obligations Support Adaptation Institutional arrangements Improved Designed, Institutionalised, institutionalised, operationalised operationalised Substantial intervention Designed, institutionalised, operationalised Complementary intervention#8MINISTRY WITH RESPONSIBILITY FOR THE ENVIRONMENT Domestic/National Reporting 1. NCCP 2. NDC EMA EXTERNAL STAKEHOLDERS Operator of International Reporting 1. BTR (Paris Agreement) 2. Global Stocktake (Paris Agreement) the KMS QA/QC Coordinator Provide emissions data Provide mitigation measures undertaken Overview of National Climate Mitigation Monitoring, Reporting and Verification (MRV) system#9MRV of International Support and Domestic Resources Emissions MRV System Components Mitigation Support sources of resources provided; type of entity providing resources such as public concessional (official development aid), private capital or investment; international and domestic intermediaries involved in channeling resources such as bilateral or multilateral banks and agencies through which finance is transferred, Government Ministries, public-private partnerships, etc.; instruments for distributing resources such as grants, loans, guarantees, domestic policy support, domestic budget allocations, domestic mandates, etc.; Knowledge Management System (KMS) detailing of the intended uses of the resources with a description of the mitigation activity; Procedures, Methodologies, Institutional Framework projected outcomes associated with the use of the resources provided, including both mitigation and sustainable development benefits.#10environmental management authority SharePoint Knowledge Management System Training KM Knowledge Management Site Search this site Home + New Send to Page details A Immersive Reader Analytics Data Methodology Knowledge Management System QA/QC Plan ✓ Mitigation Financial Supports Recycle bin Edit Welcome to the Knowledge Management System (KMS) Trinidad and Tobago's National Climate Mitigation Monitoring, Reporting and Verification (MRV) System is intended to facilitate the collection, analysis and transparent reporting of accurate and reliable information and data on GHG emissions, efforts to mitigate them and resources devoted to enabling these efforts. The Knowledge Management System (KMS) is the central repository for this information and data, and includes methodologies, procedures and institutional frameworks. As a key stakeholder in this process, please follow the steps below to upload your information: Preparation IPCC Guidelines QC Checks Volume 1-5 QC checks for collection of activity data Data Submission Methodologies data document template 16 Not following Share C Published 10/21/2019 Edit Z tha#11Define International Determine Overall Outcomes Support Details the Report and Track Supports Indicators Define for Barrier Goal and Wider Impacts and Supports budgets Implementation Milestones Tracking or Gaps Progress FINANCIAL SUPPORT FIELDS IN THE KMS#12MAFA NEXT STEPS -Enhanced tracking mechanisms#13INDICATOR FOR TRACKING SUPPORT RECEIVED FOR NDC SECTORS Sector of NDC Indicator Name Data Collection Data requirements Data sources Power Generation, Industry, Transport Total amount (USD) of climate change mitigation-related support received from international public funds and private sector funding in the power generation, industry, and transport sectors Total (USD) climate change-mitigation support received from international public sources related to the NDC the power generation, industry, and transport sectors Total (USD) climate change-mitigation support received from private sources related to the NDC power generation, industry, and transport sectors Total (USD) climate change-mitigation support received from national private sources related to the NDC power generation, industry, and transport sectors Ministry of Finance Ministry of Development and Planning (MDP) Ministry of Works and Transport (MOWT) Ministry of Energy and Energy Industries (MEEI) Ministry of Public utilities (MPU) Private sector stakeholders#14INDICATOR FOR TRACKING SUPPORT RECEIVED FOR ADAPTATION SECTORS Sector of NAP Cross-cutting Indicator Name Data Collection Annual finance flows for climate adaptation (USD) from international sources Data requirements Amount of funding (USD) invested in climate change adaptation programmes and projects from international sources each year. Data sources Process of data collection Multilateral Environmental Agreement Unit (MEAU) Ministry of Planning and Development (MPD) Ministry of Finance Green Climate Fund Adaptation Fund Other donor agencies Private sector Civil society organisations involved in climate change adaptation. Central Statistical Office The EMA solicits data from the data providers and departments receiving financial support for climate change action such as the MPD and the MEAU, as well as other entities managing vulnerable sectors. Indicator Management Lead institution The EMA#15INDICATOR FOR TRACKING SUPPORT RECEIVED FOR ADAPTATION SECTORS Sector of NAP Indicator Name Data Collection Data requirements Data sources Cross-cutting Annual finance flows for climate adaptation (USD) from the Trinidad and Tobago Green Fund (TTGF) Amount of funding (USD) invested in climate change adaptation programmes and projects from the TTGF. Multilateral Environmental Agreement Unit (MEAU) Ministry of Planning and Development (MPD) TTGF Private sector Civil society organisations involved in climate change adaptation Other eligible entities accessing the GF such as statutory agencies Process of data The MPD solicits data from the TTGF on funding directed towards adaptation under the Climate Change Window. collection Indicator Management Lead institution The EMA#16UNFCCC Secretariat Climate Change Ministerial Committee (CCMC) Plans & Approves Reports to UNFCCC Multilateral Environmental Agreements Unit (MEAU) Sectoral/Regional Leads Ministry of Agriculture, Land and Fisheries Ministry of Planning and Development Ministry of Energy and Energy Industries Perform QC checks Ministry of Public Utilities Ministry of Health Division of Infrastructure, Quarries and Urban Development Ministry of Works and Transport Manages and supervises Performs QA checks Performs QC checks Environmental Management Authority (EMA) Drafts report QA Working Group Upload to KMS & Provide reference sheets Provide primary data and supporting documents Stakeholders Entities/Data providers INSTITUTIONAL ARRANGEMENTS#17REPORTING Potential climate finance donors and investors as well as the public in general shall also have access to information on progress towards climate change in the country as well as on the status and progress of the NDC and NAP implementation. Granting the public access to the climate change progress in the country serves both to raise awareness nationally as well as it shows commitment to the international community and can strengthen investments in climate change action due to enhanced transparency.#18? THANK YOU