On the 10th day of September 2019, GGGI Uganda office held the first Climate Change Finance Inter-Ministerial Steering Committee Meeting for the GCF Readiness and Preparatory Support Project. The meeting took place in Kampala at the Ministry of Finance Planning & Economic Development conference hall. A total of 25 participants joined the meeting. The meeting was presided over by the Country Representative of GGGI, Ms. Dagmar Zwebe, The Head of Debt and Cash Department of MOFPED, Ms. Maris Wanyera and the Commissioner of Climate Change in Uganda, Hon. Chebet Maikut.
The Roles & Responsibilities of Climate Change Finance Inter-Ministerial Steering Committee shall be to strengthen the proposed roles to reflect/ align them with existing mechanisms of for instance generating a pipeline of projects within mechanisms such as the Sector Working Groups, Development Committee and proposed climate committee.
Speaking at the meeting, Ms. Wanyera, acting as the meeting chairperson, welcomed all participants to the meeting and congratulated them on having been nominated to the committee members. The Chairperson reiterated the importance of the Climate Change Finance Inter-Ministerial Steering Committee as an integral part of the Governments’ process of enlisting financing for Climate Finance specific projects. She informed the meeting that the Global Green Growth Institute (GGGI) through funding from the Green Climate Fund (GCF) will provide technical assistance to the Committee in executing its role of coordination. She expressed optimism that GGGI had made an effort in this direction as evidenced by a substantive agenda item to discuss the Committees’ scope of work.
During the meeting, the Country Director of GGGI, Ms. Dagmar Zwebe informed the meeting that Uganda had recently been admitted as the 33rd Member of the treaty-based intergovernmental agency. She emphasized that GGGI-GCF have a strategic partnership as a trusted government advisor and an understanding was reached with GGGI not to pursue Accreditation. As a result, GGGI is a GCF Readiness and Preparatory Support Delivery partner in 21 countries. GGGI, therefore, has a wealth of expertise in its worldwide Team & GCF Team which will be a key resource in delivering the Uganda programme. Dagmar congratulated the Ministry of Water and Environment on having obtained Accreditation Status from GCF as per the last GCF Boards meeting. She informed the meeting that GCF had Accredited 88 entities of which 38 were Direct Access Entities (DAEs) and was happy that MWE was part of this list of accredited entities.
During the meeting, GGGI had the chance to present the draft coordination as part of the GCF Readiness and Preparatory Support on Strengthening the Coordination Mechanisms of the National Designated Authority(ISC) covering (i) Composition of the ISC; (ii) Roles and Responsibilities of ISC; (iii) Linkage with existing mechanisms; and (iv) Meetings of the ISC.
The project outcome areas five major outcome areas are: (i) country coordinating capacity strengthened; (ii) enhancing stakeholders engaged in consultative process; (iii) Direct Access realized (Accreditation); (iv) Access to finance (Preparation of Concept Notes & Project Pipelines) and (v) Private sector mobilization.
Under the implementation of the 2-year Readiness and Preparatory Support project, it is expected that Uganda will generate a pipeline of projects that can obtain direct funding from the GCF.
About GGGI
Based in Seoul, GGGI is a new intergovernmental organization founded to support and promote a new model of economic growth known as “green growth.” The organization partners with countries to help them build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon-intensive, and more resilient to climate change. GGGI’s experts are already working with governments around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. To learn more, see www.gggi.org and visit us on Facebook and Twitter