Climate Investment Opportunities in South Asia an IFC Analysis About IFC
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The Price of Power the Political Economy of Electricity Trade and Hydropower in Eastern South Asia
THE PRICE OF POWER THE POLITICAL ECONOMY OF ELECTRICITY TRADE AND HYDROPOWER IN EASTERN SOUTH ASIA June 2018 THE PRICE OF POWER THE POLITICAL ECONOMY OF ELECTRICITY TRADE AND HYDROPOWER IN EASTERN SOUTH ASIA June 2018 By The Asia Foundation 114 Jor Bagh, First Floor New Delhi – 110003 E-mail: [email protected] Website: http://asiafoundation.org/ Suggested citation Pillai, Aditya Valiathan and Sagar Prasai. 2018. The Price of Power: The political economy of electricity trade and hydropower in eastern South Asia. The Asia Foundation, New Delhi. Disclaimer This publication has been funded by the Australian Government through the Department of Foreign Affairs and Trade. The views expressed in this publication are the authors’ alone and are not necessarily the views of the Australian Government. Design & Printed by: Vinset Advertising, New Delhi Contents Overview 1 Introduction 3 The evolution of regional electricity markets 7 Guidelines and geopolitics 11 A survey of demand for Himalayan hydropower 20 Conclusion 33 References 35 Overview n the winter of 2016, India's ministry of power issued guidelines that defined the limits of electricity trade with South Asian neighbors. In a phraseological departure from earlier Idocuments on regional power cooperation, it called electricity a 'strategic' commodity. This is with reason. Electricity's central role in economic growth makes it a focal point for contestations in democratic politics across the world, and it is no different in South Asia. The interdependencies created by regional electricity markets can diversify the generation pool and reduce the cost of electricity, but, like all forms of regional cooperation, they are also a vulnerability. -
India's Role in Facilitating Trade Under SAFTA
Working Paper 263 India’s Role in Facilitating Trade under SAFTA Nisha Taneja Shravani Prakash Pallavi Kalita January 2013 INDIAN COUNCIL FOR RESEARCH ON INTERNATIONAL ECONOMIC RELATIONS Contents Abstract ........................................................................................................................... i Executive Summary ...................................................................................................... ii 1. Introduction ............................................................................................................. 1 2. Liberalisation of Tariffs under SAFTA and India’s Bilateral FTAs ................. 2 2.1 India Pakistan ...................................................................................................... 2 2.2 India -Bangladesh ............................................................................................... 3 2.3 India-Nepal .......................................................................................................... 4 2.4 India- Sri Lanka .................................................................................................. 5 3. Non-Tariff Barriers ................................................................................................. 6 4. Transport .................................................................................................................. 8 4.1 Road Transport .................................................................................................... 8 4.2 Rail Transport ................................................................................................... -
SAARC Countries I Ii Seminar Book
Munich Personal RePEc Archive Future-of-Eco-Coop-in-SARRC- Countries Shah, Syed Akhter Hussain Pakistan Institute of Development Economics Islamabad 2014 Online at https://mpra.ub.uni-muenchen.de/59275/ MPRA Paper No. 59275, posted 30 Dec 2014 23:42 UTC Future of Economic Cooperation in SAARC Countries i ii Seminar Book Future of Economic Cooperation in SAARC Countries iii CONTENTS Acknowledgements Acronyms Introduction 1 Welcome Address 12 Ambassador (R) Sohail Amin Opening Remarks 15 Kristof W. Duwaerts Inaugural Address 18 Riaz Mohammad Khan Concluding Address 24 Dr. Ishrat Hussain Concluding Remarks 26 Kristof W. Duwaerts Vote of Thanks 27 Ambassador (R) Sohail Amin Recommendations 29 CHAPTER 1 Regional Trade — Driver for Economic Growth 37 Dr. Kamal Monnoo CHAPTER 2 Meeting Energy Requirement: Potential for Intra-regional Energy Trade 61 Dr. Janak Lal Karmacharya CHAPTER 3 Building Regional Transport and Communication Infrastructure 81 Ms. Arshi Saleem Hashmi iv Seminar Book CHAPTER 4 Developing Energy Corridor from Central and West Asia to South Asia 101 Prof. Savita Pande CHAPTER 5 The New Silk Road Initiative: Economic Dividends 119 Mr. Nabi Sroosh and Mr.Yosuf Sabir CHAPTER 6 China‟s Growing Economic Relations with South Asia 127 Dr. Liu Zongyi CHAPTER 7 Fast Tracking Economic Collaboration in SAARC Countries 146 Dr. Pervez Tahir CHAPTER 8 Towards an Asian Century: Future of Economic Cooperation in SAARC Countries: A View from FPCCI 159 Mr. Muhammad Ali CHAPTER 9 Economic Cooperation among SAARC Countries: Political Constraints 163 Dr. Rashid Ahmad Khan CHAPTER 10 Implications of Bilateral and Sub-regional Trade Agreements on Economic Cooperation: A Case Study of SAARC in South Asia 177 Dr. -
Mobilizing Climate Investment the Role of International Climate Finance in Creating Readiness for Scaled-Up Low-Carbon Energy
MOBILIZING CLIMATE INVESTMENT The Role of International Climate Finance in Creating Readiness for Scaled-up Low-carbon Energy CLIFFORD POLYCARP, LOUISE BROWN, XING FU-BERTAUX WRI.ORG AckNOWLEDGMENTS We would like to thank the many people who contributed thoughtful discussions and ideas that helped shape this report and put time and thought into reviewing drafts and providing valuable feedback and suggestions. Within WRI, we are grateful to the following people who provided guidance, quality con- trol, and review: Athena Ballesteros, Giulia Christianson, Alex Doukas, Ziwei Mao, Shilpa Patel, Janet Ranganathan, Emily Schabacker, Aman Srivastava, Dennis Tirpak, Peter Veit, Shally Venugopal, Lutz Weischer, and Davida Wood. Outside of WRI, we would like to thank Emily Chessin, Nathan Kommers, Robert Livernash, and Jacob Werksman for their valuable input and quality control. We are also grateful to the following external experts who provided valuable comments and suggestions on earlier drafts of the report: Dipak Dasgupta, Jan Kappen, Abyd Karmali, Kanizio Freddy Manyika, Gilbert Metcalf, Richard Muyungi, Martina Otto, and Don Purka. The six case studies in this report benefitted from interviews with a number of experts as well as expert reviews and feedback. We would like to thank the following people for their time and patience in helping us develop an in-depth understanding of the cases: Claudio Alatorre, Amal-Lee Amin, Davin Chown, Mike Crosetti, Sanjay Dube, Peter du Pont, Saliem Fakir, Asclepias Indriyanto, Migara Jayawardena, Kavita Kaur, Amit Khare, Dilip Limaye, Edgar López Satow, Sami Marrouki, Dan Millison, Smita Nak- hooda, Enrique Nieto Ituarte, Napaporn Phumaraphand, Lazeena Rahman, Thorsten Schneider, Pradeep Tharakan, Chiara Trabacchi, Myriem Touhami. -
Current Status of Road Transport Policies, Systems and Projects in Bhutan
CURRENT STATUS OF ROAD TRANSPORT POLICIES, SYSTEMS AND PROJECTS IN BHUTAN Jangchuk Yeshi Chief Engineer (Design Division) Department of Roads Ministry of Works & Human Settlement Royal Government of Bhutan Brief background of road transport in Bhutan Being a landlocked mountainous country, road is the primary mode of transport in Bhutan and therefore the life line of country’s economy. Royal Government has accorded top priority to the development of the road network in the country since the start of the 1st Five Year Plan in 1961. The country’s first mororable road , Thimphu – Phuentsholing Highway, was completed in 1961. Expansion of road network over the years 10578 km today ~2300 km in late 1980s ~1500 km in mid 1970s Classifications of roads National Highways; International/Asian Highways Primary National Highways (PNH) DoR’s jurisdiction Secondary National Highways (SNH) Dzongkhag Roads; Thromde (Urban) Roads – Respective Municipalities Farm Roads – MoA and Dzongkhags Access Roads – Beneficiaries/DoR Motorization level and trend Motorization trend in the past decade The motorization level in the 80000 • country has been increasing 70000 rapidly 60000 50000 • In the past decade, the vehicle 40000 ownership has increased by 30000 137% - from 29,941 in 2005 to Vehicle Ownership 20000 70,805 as of Feb. 2015. 10000 0 • The vehicle per 1000 population 2004 2006 2008 2010 2012 2014 in the country has increased from Year Source: RSTA) about 45 in 2005 to about 100 in 2014 Motorization level – comparison with other countries in the region Source: Word bank development indicators (Internet) • Bhutan has the highest vehicle ownership per 1000 population among the SARRC countries • The vehicle ownership in Asia is typically in the range of 10 to 30 per 1000 population and between 600 and 800 in advanced countries Projected motorization trend Source: Bhutan Transport 2040, ADB • As per “Bhutan Transport 2040” document developed by ADB, the motorization per 1000 population is expected touch 400 by 2040. -
Evaluation of Agriculture and Natural Resources Sector in Sri Lanka
Evaluation Working Paper Sri Lanka Country Assistance Program Evaluation: Agriculture and Natural Resources Sector Assistance Evaluation August 2007 Supplementary Appendix A Operations Evaluation Department CURRENCY EQUIVALENTS (as of 01 August 2007) Currency Unit — Sri Lanka rupee (SLR) SLR1.00 = $0.0089 $1.00 = SLR111.78 ABBREVIATIONS ADB — Asian Development Bank GDP — gross domestic product ha — hectare kg — kilogram TA — technical assistance UNDP — United Nations Development Programme NOTE In this report, “$” refers to US dollars. Director General Bruce Murray, Operations Evaluation Department (OED) Director R. Keith Leonard, Operations Evaluation Division 1, OED Evaluation Team Leader Njoman Bestari, Principal Evaluation Specialist Operations Evaluation Division 1, OED Operations Evaluation Department CONTENTS Page Maps ii A. Scope and Purpose 1 B. Sector Context 1 C. The Country Sector Strategy and Program of ADB 11 1. ADB’s Sector Strategies in the Country 11 2. ADB’s Sector Assistance Program 15 D. Assessment of ADB’s Sector Strategy and Assistance Program 19 E. ADB’s Performance in the Sector 27 F. Identified Lessons 28 1. Major Lessons 28 2. Other Lessons 29 G. Future Challenges and Opportunities 30 Appendix Positioning of ADB’s Agriculture and Natural Resources Sector Strategies in Sri Lanka 33 Njoman Bestari (team leader, principal evaluation specialist), Alvin C. Morales (evaluation officer), and Brenda Katon (consultant, evaluation research associate) prepared this evaluation working paper. Caren Joy Mongcopa (senior operations evaluation assistant) provided administrative and research assistance to the evaluation team. The guidelines formally adopted by the Operations Evaluation Department (OED) on avoiding conflict of interest in its independent evaluations were observed in the preparation of this report. -
Agriculture and Natural Resources
CAPE Sri Lanka, Linked Document 7 SECTOR ASSESSMENT: AGRICULTURE AND NATURAL RESOURCES A. Introduction 1. An assessment of Asian Development Bank (ADB) operations in the agriculture and natural resources (ANR) sector in Sri Lanka for the period January 2006 to December 2015 was undertaken to provide input for the 2016 country assistance program evaluation (CAPE). The assessment consisted of a desk review of project documents, and additional evidence gathered during the independent evaluation mission (IEM), including interviews with knowledgeable informants at the central government level, discussions with key non-government observers and representatives of other development partners, field observations, and interviews with beneficiaries.1 The portfolio consisted only of completed projects, since no new projects in the sector had been approved since 2003. The projects covered were thus (i) those for which completion had been delayed into the current CAPE period or (ii) projects which had long implementation periods (in some cases up to 7 years). The projects were not covered by any of the country partnership strategies (CPSs) covering the period 2004 to 2015 outlined in the evaluation approach paper.2 The earliest project was approved in 1997 and the latest in 2003. Nonetheless, an analysis of these projects and their outcomes and impacts does produce important lessons with implications for the CAPE and its analysis of the strategic achievements of ADB lending within the context of the CPSs in the period 2004 to 2015; the government’s own development strategy over approximately the same period; ADB’s Strategy 20203 along with its 2014 Midterm Review,4 and the recently published Operational Plan for Agriculture and Natural Resources 2015–2020 (OPANR).5 2. -
In Pursuit of Happiness, Bhutan Opens to Globalization and Business
In Pursuit of Happiness, Bhutan Opens to Globalization and Business Kimberly A. Freeman, Ph.D. Mercer University Katherine C. Jackson Mercer University ABSTRACT The Kingdom of Bhutan, a small country situated on the border between China and India, has in recent years become a constitutional democratic monarchy. As part of its 2008 constitution, Bhutan committed to promote conditions that would enable the pursuit of Gross National Happiness. The country thus initiated an effort to improve the quality of life and happiness for its citizens and has embraced globalization far more than previously through attracting business, tourism, and communications. The author’s herein address some of the initiatives provide the context within which these efforts have arisen. Keywords: Bhutan; Gross National Happiness (GNH); Globalization; Constitutional democratic monarchy 1. Introduction In 2006, the 4th King of Bhutan, Jigme Singye Wangchuck, decided he wanted to open Bhutan up to the world and usher in modernization. Forty years ago, in 1972, Bhutan’s fourth king stated that “Bhutan should pursue Gross National Happiness (GNH) rather than Gross National Product (GNP)…with an emphasis not only on economic growth, but also on culture, mental health, social values, compassion, and community” (Sachs, 2011, p. 2) He chose to abdicate the throne to his eldest son and announced Bhutan would hold its first general elections in 2008. His son, King Jigme Khesar Namgyal Wangchuck, took the throne of the new democratic Bhutan on December 14, 2006. Jigme Yoser Thinley was elected prime minister in the election, and Bhutan’s constitution was ratified on July 18, 2008. The concept of GNH has a very long history in Bhutan. -
FP149: Green Climate Financing Facility for Local Financial Institutions in Latin-America
FP149: Green Climate Financing Facility for Local Financial Institutions in Latin-America Multiple Countries | Corporación Andina de Fomento (CAF) | Decision B.27/01 9 December 2020 Green Climate Financing Facility for LFIs in Latin-America Project/Programme title: Latin America: Chile, Ecuador, Panamá and Peru. Country(ies): Corporación Andina de Fomento (CAF – Development Bank of Accredited Entity: Latin America) Date of first submission: 2018/07/19 Date of current submission 2019/11/01 Version number V.2.0 GREEN CLIMATE FUND FUNDING PROPOSAL V.2.1 | PAGE 1 OF 73 Contents Section A PROJECT / PROGRAMME SUMMARY Section B PROJECT / PROGRAMME INFORMATION Section C FINANCING INFORMATION Section D EXPECTED PERFORMANCE AGAINST INVESTMENT CRITERIA Section E LOGICAL FRAMEWORK Section F RISK ASSESSMENT AND MANAGEMENT Section G GCF POLICIES AND STANDARDS Section H ANNEXES Note to Accredited Entities on the use of the funding proposal template • Accredited Entities should provide summary information in the proposal with cross- reference to annexes such as feasibility studies, gender action plan, term sheet, etc. • Accredited Entities should ensure that annexes provided are consistent with the details provided in the funding proposal. Updates to the funding proposal and/or annexes must be reflected in all relevant documents. • The total number of pages for the funding proposal (excluding annexes) should not exceed 60. Proposals exceeding the prescribed length will not be assessed within the usual service standard time. • The recommended font is Arial, size 11. • Under the GCF Information Disclosure Policy, project and programme funding proposals will be disclosed on the GCF website, simultaneous with the submission to the Board, subject to the redaction of any information that may not be disclosed pursuant to the IDP. -
6 Production Details of Organic Tea Estates in Sri Lanka
Status of organic agriculture in Sri Lanka with special emphasis on tea production systems (Camellia sinensis (L.) O. Kuntze) Dissertation zur Erlangung des Grades „Doktor der Agrarwissenschaften“ am Fachbereich Pflanzenbau der Justus-Liebig-Universität Gießen PhD Thesis Faculty of Plant Production, Justus-Liebig-University of Giessen vorgelegt von / submitted by Ute Williges OCTOBER 2004 Acknowledgement The author gratefully acknowledges the financial assistance received from the German Academic Exchange Service (Deutscher Akademischer Austauschdienst, DAAD) for the field work in Sri Lanka over a peroid of two years and the „Hochschul- und Wissenschaftsprogramm (HWP)“ for supporting the compilation of the thesis afterwards in Germany. My sincere thanks goes to my teacher Prof. Dr. J. Sauerborn whose continuous supervision and companionship accompanied me throughout this work and period of live. Further I want to thank Prof. Dr. Wegener and Prof. Dr. Leithold for their support regarding parts of the thesis and Dr. Hollenhorst for his advice carrying out the statistical analysis. My appreciation goes to Dr. Nanadasena and Dr. Mohotti for their generous provision of laboratory facilities in Sri Lanka. My special thanks goes to Mr. Ekanayeke whose thoughts have given me a good insight view in tea cultivation. I want to mention that parts of the study were carried out in co-operation with the Non Governmental Organisation Gami Seva Sevana, Galaha, Bio Foods (Pvt) Ltd., Bowalawatta, the Tea Research Institute (TRI) of Sri Lanka, Talawakele; The Tea Small Holders Development Authority (TSHDA), Regional Extension Centre, Sooriyagoda; The Post Graduate Institute of Agriculture (PGIA), Department of Soil Science, University of Peradeniya, Peradeniya and The Natural Resources Management Services (NRMS), Mahaweli Authority of Sri Lanka, Polgolla. -
Agriculture in Sri Lanka: the Current Snapshot L
International Journal of Environment, Agriculture and Biotechnology (IJEAB) Vol-3, Issue-1, Jan-Feb- 2018 http://dx.doi.org/10.22161/ijeab/3.1.15 ISSN: 2456-1878 Agriculture in Sri Lanka: The Current Snapshot L. N. Ranathunga1, W.M.D.I.S. Wijemanna2, M.G.S. Sathsara3, R.G.B.K. Gamage4 1Faculty of Agriculture, University of Peradeniya, Sri Lanka 2Faculty of Science, University of Peradeniya, Sri Lanka 3,4Faculty of Agriculture, Aquinas College of Higher Studies, Colombo 08, Sri Lanka Abstract—Sri Lanka being an island is blessed by nature with ideal environmental factors on the field of agriculture which is being intentionally practiced towards the sustainability. The agriculture sector in Sri Lanka always acts as a major economic strength to the national economy as it ensures the food security, employment and poverty alleviation of rural communities. The sector is mainly driven by variety of distinct sub sectors which include crop cultivations such as paddy, tea, rubber, coconut, vegetables, fruits, export crops and sugar while in addition livestock and fisheries sectors also provide a substantial contribution simultaneously. Negative and positive fluctuations of each above mentioned subsector directly affects on the overall country uplift and the society wellbeing. This paper will be discussing about the present status of the agriculture in Sri Lanka in a concise manner with respect to the recently published official data by country regulatory bodies. Keywords—Agriculture Production Index, Ceylon, Food Security, Gross Domestic Production, Zoonotic Diseases. I. INTRODUCTION Fig.1: Map of Sri Lanka The Democratic Socialist Republic of Sri Lanka (Source: www.nationsonline.org) formerly known as Ceylon is an island located just below the southern tip of India surrounded by the Indian Wet Zone receives over 2500mm of mean annual rainfall ocean, which is having a population up to date around 21 covering the south- west regions including central hill million. -
For Health and Climate: Retiring Coal-Fired Electricity and Promoting Sustainable Energy Transition in Developing Countries Author: by Donald P
For Health and Climate: Retiring Coal-Fired Electricity and Promoting Sustainable Energy Transition in Developing Countries Author: By Donald P. Kanak1 Abstract • Coal fuels 38% of global electricity and there are plans to build over 1,000 new coal-fired power plants, mostly in the developing countries with growing energy needs. • Carbon emissions from those current and planned power plants will prevent the world from achieving the 1.5⁰C climate scenarios that call for a reduction of coal-fired electricity from 38% to 9% of total generation by 2030 and to 0.6% by 2050. • ESG initiatives are resulting in leading global financial institutions exiting and/or avoiding new investments in coal, but other buyers are stepping in; thus, many existing and planned coal assets are likely, without intervention, to continue to operate well beyond 2030-2050. • Proposed solution: Coal Retirement Mechanisms (CRMs) financial facilities that purchase coal-fired power plants in developing countries from existing owners and retire the plants in 10-15 years vs. typical 30-40 years of operation. Funds paid to current owners of coal-fired power plants to be recycled into new greenfield sustainable power. • The CRM’s capital would come from developed countries, multilateral development banks, climate funds and/or blended finance. Those investors would be paid back from the power plants’ operating revenues, but at a lower rate of return reflecting today’s low costs of funds. Supplementary revenue from carbon credits, transfer of fossil fuel subsidies, or energy surcharges might be used to meet or accelerate the retirement date. • Parallel to the CRM, a Sustainable Energy Transition Mechanism (SETM) will provide host countries with both financial and technical assistance to accelerate transition towards renewables (including storage, transmission, and distribution infrastructure).