Events

This year marks the 70th anniversary of the end of World War II and of UN’s founding, and the 50th year of normalization of Korea-Japan diplomatic ties. This year’s Forum will cover a wide range of topics from the trust building process in Asia to the UN Post-2015 Development Agenda. 64 sessions will be held under five categories: peace, prosperity, sustainability, diversity, and competitiveness. We would like to welcome you to the Jeju Forum 2015. The Jeju Forum 2015 will provide a valuable opportunity to learn from some of today’s most outstanding leaders, while enjoying a beautiful subtropical location in Jeju Island. 


Host: Jeju Special Self-Governing Province, International Peace Foundation, East Asia Foundation, JoongAng Ilbo 
Organizer: Jeju Peace Institute

17:20 ~ 18:40 Room D

[2-D] Increasing Developing Countries’ Access to Climate Finance|개발도상국에 대한 기후재원 확대방안

[GGGI]

There is a growing realization that climate change is an inevitable, urgent challenge that is affecting the economic and social development of all countries. This awareness has encouraged an increasing number of developing and emerging countries to show strong commitments in the transition to sustainable economies. One of the key elements that helps move toward a sustainable, low-carbon future is finance.
In principle, sufficient financial resources from the public and private sectors are available to support developing nations. Thus, in an effort to increase access to finance for the developing world and to help speed up the flow of finance, a number of international organizations and agencies, including the Global Green Growth Institute, are focusing on assisting countries to develop projects that are investment-ready. Also, it is critical to write bankable project proposals that translate environmental propositions into a common language for investors.
Furthermore, greater emphasis needs to be placed on minimizing risks for investors, implementing rewards and incentives, scaling up bankable projects as well as enhancing return by creating innovative financing models to attract investment. 
In this session, panelists will have an opportunity to share their insights and engage in a discussion to identify realistic and practical ways in which developing countries could increase access to finance.

기후변화는 전 세계 경제와 사회 발전에 심각한 영향을 미치는 시급한 문제임을 많은 이들이 인식하고 있습니다. 이러한 인식을 통해 여러 개발도상국이 지속가능한 경제로의 전환에 전념하고 있습니다. 지속가능한 저탄소 미래로 나아가기 위해서는 재정이 필수 요소입니다. 
민관 분야에서는 개도국을 지원할 수 있는 충분한 재원을 보유하고 있습니다. 따라서 글로벌녹색성장연구소(GGGI)를 비롯한 여러 국제기구와 기관들은 개도국에 대한 기후변화 재원 확대 등 재원의 흐름을 파악하기 위해 개도국이 투자 가능한 프로젝트를 만들어 낼 수 있도록 지원하고 있습니다. 또한 투자를 받기 위해서는 환경용어 및 표현을 공통언어로 바꿔 신뢰성 있는 프로젝트(Bankable Project) 제안서를 쓰는 것이 중요합니다. 
투자자를 유치하기 위해서는 위험요소 감소방안, 보상 및 장려책 도입, 신뢰성 있는 프로젝트 확대 방안, 이익창출 증대 등 혁신적인 재원 조달을 모색해야 합니다. 이번 세션에서 패널리스트들은 개도국에 대한 재원을 안정적으로 접근 및 확보할 수 있는 방안을 모색합니다.
File 남상민_jeju peace forum_gggi.pptx
File [결과자료]2-d_개발도상국에 대한 기후변화기금 확대방안(글로벌녹색성장연구소).pdf
File 2-d increasing developing countries’ access to climate finance.pdf
Speaker