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International Conference on
¨Focus Latin America: The Need
for an Effective Programme¨Climate change Adaptation and Competitiviness: The Dominican Republic
Experience
Yomayra J. Martinó Soto
Climate Change Policy Expert
Linkedin: ymartino
International Council of World Affairs
(ICWA)
New Delhi, India
Why Climate change and competitiveness?
Climate Change
Planetary Boundaries
Most important
global challenge of
our time
New international frameweok
New economic
model
Current Scenario….
To increase the competitiveness of our emerging economies we must
invest on appropiate and time ¨adaptation¨ to climate change.
Public Policy design is key in the articulation of a competitiveness
strategy that includes the challenges of climate change adaptation
Paris Agreement has become an iconic treaty, signed by 195 countries
pledging to take actions to keep global warming under 2 degrees
Celsius but a key aspect is the success of the private sector
involvement in its adaptation implementation.
Private sector represented at COP21
Energy
Transportation
Cement
Financial
http://www.globalissues.org/article/806/action-cheaper-than-inaction
To invest in climate action is definitely a
good choice…..
World Bank Special Envoy for CC
“To reverse current trends, technological, economic, institutional and urgent and
substantial behavioral changes are needed. Economic development and climate
protection can be complementary. We need the political will to achieve it”.
http://www.bancomundial.org/es/news/press-release/2014/11/23/new-climate-
normal-poses-severe-risks
Private Sector Pledge for…..
Predictable - Long terms regimes for carbon price and incentives for
descarbonization
Access to the financial institution that will make available funds for
readinness, adaptation and mitigation actions as the Green Climate Fund
Increase transparency of the cost and the public investment on climate
change
http://climatenexus.org/about-us/paris-agreement/paris-effect-how-paris-
agreement-driving-climate-action
ICF Clients showed at COP21: The private sector has an
important role to play in climate finance
http://www.ifc.org/wps/wcm/connect/news_ext_content/ifc_exter
nal_corporate_site/news+and+events/events/cop+21+landing+page
Adaptation in Energy
The World Bank itself has estimated the annual cost of “decarbonizing”
energy at US$40 billion between 2006 and 2050, and meanwhile, a study by
the World Watch Institute indicated that the scenarios’ cost analysis “show
that the Dominican Republic can achieve up to 85% renewable power
generation by 2030, with investment costs of less than US$47,000 million
between 2013 and 2030”.
2012 Power Generation Sources
Adaptation in Agriculture
The impact on water resources by decreasing rainfall, and subsequent
periods of more severe and prolonged droughts, spread of pests and
diseases, among other complications resulting from this phenomenon directly
affect the productivity of agriculture sector in the Dominican Republic, and
many countries in Latin America.
What is needed at the National Level?
The political will indeed, but also:
To Understand the potential effects at the national level with scientific
studies prioritizing the main sectors of each economy
To define the associated costs, timing, responsables and main actions to
adapt the country to those priorities (national strategy)
To promote the paticipation of civil society
To incentive, yes INCENTIVE, the participation of private sector with market
tools and instruments attactive to them
To keep creating the national capacities to implement those measures at the
national level
To improve the domestic processes of reporting, monitoring and verification
of those goals.
Our common challenge….
It has been estimated that “to adapt to a world with a 2 °C highest
temperature, countries will need between US$75,000 million and US$100,000
billion annually over the next 40 years, (i) to enable them to build
capacities to adapt to those changes; also it is expected that mitigation
cost be located between US$140,000 million and US$175,000 million per year
by 2030”. (World Bank, 2015)
Potential Collaboration Areas: India - LAC
Energy:
- Renewable Energies : solar, biomass….
- Energy Effiency: IT, clean tech
Agriculture:
- adaptation measures
- agro business
Technology:
- climate change modelling
- data collection
- innovation for SME´s and entrepreneurship
NAMASTE…..thanks!
International Conference on
¨Focus Latin America: The Need
for an Effective Programme¨Climate change Adaptation and Competitiviness: The Dominican Republic
Experience
Yomayra J. Martinó Soto
Climate Change Policy Expert
Linkedin: ymartino
International Council of World Affairs
(ICWA)
New Delhi, India
