On February 24th, 2022, GGGI in partnership with the Ministry of Environment and Sustainable Development (MINEDD) held the kickoff workshop of the second GCF readiness implemented by GGGI entitled “Support for the Establishment of a National Green Building and Infrastructure Financing Vehicle, Development of Green Building Minimum Compliance System, and DAE Application in Côte d’Ivoire”.
The workshop was attended by 64 participants from Ministries, Civil Society Organizations, International Organizations, Private Sector and the National Direct Access Entities candidates for GCF accreditation.
The objectives of this event were to: 1) launch the GCF readiness program;2) inform participants on the results and best practices of the first GGGI readiness in Cote d’Ivoire; 3) present the output, deliverables and the next steps of the new readiness implemented by GGGI for a greater mobilization of Green Climate Fund financing for the benefit of Ivory Coast.
Recognizing the challenge of financing Cote d’Ivoire’s climate change mitigation and adaptation actions, the Government of Cote d’Ivoire has initiated and implemented programs to access climate finance and mobilize investments in climate projects, including capacity development to engage effectively with the GCF over the long- term.
The country, through the Ministry of Environment and Sustainable Development, received a grant from the Green Climate Fund (GCF) to undertake a twenty-four-month readiness program in partnership with the Global Green Growth Institute (GGGI).
This Readiness Project aims to assist the National Investment Bank (BNI) in submitting its application for accreditation and will also build the capacity of the government and the DAE candidate to develop skills and implement climate projects to submit project concept notes to the GCF. It will contribute to the development of a minimum compliance system for green buildings, a green strategy for the city of Abidjan and a national financial vehicle focused on green buildings and green infrastructures.
GGGI is assisting the Republic of Cote d’Ivoire to adopt the transition model for green growth (aligned with and beyond the scope of this GCF Readiness project), by supporting the management of the implementation of strategic projects and programs.
The workshop was opened by speeches from: (i) Mrs Olola VIEYRA, GGGI Country Representative, and leading Cote d’Ivoire operations and (ii) Mr Jacques CHEVALIER, Technical advisor representing the Minister of Mines, Oil and Energy (iii) Mr Kodehi GNAHORE, Chief of staff, representing the Minister of Environment and Sustainable Development and (iv) Mr Robert Beugré MAMBE, Minister, Governor of the Autonomous District of Abidjan for the opening speech. He insisted on the fact that it is important to get involved in the implementation of the project and that the building sector emits up to 40% in GHGs for Abidjan district. The development of projects through the recycling of waste and the access to the right data will allow to the government to better define their resilience strategies against Climate Change.
Presentations were made by the NDA, Mr. Marcel YAO on GGGI GCF first readiness program in Côte d’Ivoire. The Readiness Programme Senior Associate Dr. Nicaise AMAN gave information about the project background and justification, objectives, and key deliverables. He ended with the short-term next steps.
The Closing words of the workshop were given by GGGI country office Green Growth Programme Officer, Dr Alain Serge Kouadio who thanked the participants for their commitment for the country development.