The PanAfrican Climate Justice Alliance held a three-day workshop in Isiolo to educate the county governments and CSOs on Green Climate Fund (GCF). The event, with a hashtag #GreenClimateFundAccessandModalities - Isiolo edition, was intended to sensitize and create awareness on opportunities surrounding the GCF and how to grab them.
The training, jointly done with the National Treasury, encouraged the participants – county government officials and CSOs from Wajir, Mandera, Garissa, Marsabit, Tana River and Isiolo Counties – to identify bankable projects concepts for further development.
Peter Odhengo, a Senior Policy Advisor on Climate Finance/Green Climate Fund NDA at the National Treasury, gave the audience a good overview of GCF. He said the Green Climate Fund was highly dependent on climate-sensitive sectors such as Agriculture, Water and Tourism, with more than 50% of the total Gross Domestic Product (GDP).
Mr Odhengo urged participants not to behave as if Kenya was an exception in the climate crisis. Odhengo said research had shown that floods cost 5.5% of GDP every 7 years while drought accounted for 8% every 5 years.
He enlightened participants on opportunities in Climate Finance, such as use of electric cars, solar and wind energy as well as electric trains. The trainees were taken through the evolution of climate finance.
Peninah Karira, from the State of Department of Planning, made it clear that Medium Term Plan (MTP) was in line with the SDG. Aron Wanjohi, from the National Environment Management Authority (Nema) took the participants through the process of accessing Adaptation Fund, which was established under the Kyoto Protocol. Mr Wanjohi also took the participants through the National Implementing Entity (NIE) financial status. He outlined Nema’s key achievements on the matter, including mentoring Malawi and Zimbabwe to access climate fund and how the system works.
The Isiolo participants were also enlightened on Nema and GCF, created by the UN Framework Convention on Climate Change (UNFCCC) and accredited on 9th March 2016.
Nema can submit proposals of up to $10 million.
Wanjohi emphasized that Nema was available for technical support in developing proposals for organizations. He shared the steps taken to come up with Concept Notes and full Funding Proposals for the SAP.
Odhengo told participants that donors were interested to see the policy framework from both National & County government for them to release money. The objective of the funds was said to be key. Some of the uses of the fund are to provide loans, grants and equity for climate change research and innovation and for implementing agencies in business, industry and civil society.
The source of the fund was part of the issues tackled. Participants were told the fund came from levy fees on services rendered from the funds, grants, receipts from climate funds, interests from investment and loans and commercial benefits arising from research products financed by the funds.
Odhengo explained that the green climate bond was money generated from stock exchange and used for environmental benefits.
Areas prioritized for funding were found to be Water, Renewable Energy, Livestock Resilience Building, Food Security, Infrastructure, Natural Resource Restoration, Conflict, Insecurity and Unemployment.
The participants pointed out some risks involved in the process of acquiring the funds. They include lack of political goodwill, technological challenge, corruption and insecurity.
As the way forward, Odhengo said he only gave out the road-map to acquiring the funds. It was agreed that this was just the beginning; as “the journey of a thousand miles begins with one step”.
“Even though your proposals may be approved, the bigger task lies in managing the funds,” Odhengo said.
The participants promised to roll up their sleeves and start with the journey.