Considering the vulnerability of its economic sectors and of the social and environmental consequences of the effects of climate change, Togo has defined its national priority as the development and implementation of an adaptation strategy and options that would have an impact on the mitigation scenarios, in terms of co-benefits. Togo confirms its commitment to contribute to the global response to the threat of climate change by keeping temperature rise limit to 2°C by 2030. The country has already implemented activities to reduce GHG emissions, especially in the energy, agriculture and land use, land-use change and forestry sectors.
The program aims to enhance the capacity of national institutions to efficiently engage with GCF. This grant is being requested to support the identification and nomination of a potential national direct access entity that will enable Togo to tap directly into GCF funding to implement the country’s climate actions; and working with the entity, develop a concept note for needed climate change project for submission to GCF. This grant will also support in identifying climate finance sources available for Togo as well as gaps to rationalize tapping into GCF funding, through the development of the climate finance strategy; and in improving the National Employers Council of Togo’s (CNP-TOGO) knowledge on climate change such as on employment opportunities, climate financing, green transport, green building standards and in developing the Council’s green policy to engage more private sector on sustainability and environmental management initiatives.
Activities include but are not limited to:
- Engage with nominated DAE and collect relevant policy documents for undertaking assessment of the nominated DAE on compliance with the GCF accreditation standards and policies.
- Develop training materials such as employment opportunities, climate financing, green transport, green building standards, which CNP-TOGO can distribute widely including to benefit future members.
- Identify financing gaps and needs and assess international and domestic sources of climate finance for Togo based on the Country Programme and revised NDC and develop the national climate finance strategy, including private sector as source to inform financing priorities and strategies for climate change projects identified in the Country Programme and revised NDC
- Undertake pre-feasibility activities such as initial economic, financial, environment and social safeguards and sectoral analysis to develop two quality concept notes. Then develop two concept notes for submission to the GCF based on the pre-feasibility studies.