Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund
This study seeks to identify potential sources of co-financing to meet the additional costs of energy efficiency (EE) and climate mitigation benefits associated with the hydrochlorofluorocarbons (HCFC) phase-out supported by the Multilateral fund o...
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Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/04/24424962/resource-mobilization-hcfc-phase-out-climate-mitigation-co-benefits-study-prepared-executive-committee-multilateral-fund http://hdl.handle.net/10986/21978 |
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okr-10986-219782021-06-14T10:20:00Z Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund World Bank Climate mitigation hydrochlorofluorocarbons HCFC This study seeks to identify potential sources of co-financing to meet the additional costs of energy efficiency (EE) and climate mitigation benefits associated with the hydrochlorofluorocarbons (HCFC) phase-out supported by the Multilateral fund of the montreal protocol (MLF). As it stands, the policy of the multilateral fund is to support only the eligible incremental costs related to the phase-out of ozone depleting substances, and not to support the additional costs of additional EE related improvements of the equipment. Currently therefore, while the multilateral fund encourages exploring co-financing opportunities for improving energy efficiency, the fund does not directly support the uptake of the most energy efficient technology. HCFC phase-out management plans (HPMPs) approved by the MLF seek to facilitate the conversion of refrigeration - air conditioning (Ref-AC) manufacturing and foam manufacturing away from the use of HCFCs to non - ozone depleting substance (ODS) alternatives. This study explores pathways that may encourage the uptake of ozone- and climate friendly technologies through synergies between the MP, policies to promote EE, and climate finance instruments; thereby leading also to cost-effectiveness of public financing and economic efficiency where synergies exist and can be exploited. The study underscores, based on practical examples, that opportunities can be strategically engineered to encourage harmonization between the phase-out of the HCFCs and HCFC-using technologies with efforts to promote energy efficiency and reduce greenhouse gas emissions (GHG). 2015-05-21T20:16:08Z 2015-05-21T20:16:08Z 2015-04-15 Report http://documents.worldbank.org/curated/en/2015/04/24424962/resource-mobilization-hcfc-phase-out-climate-mitigation-co-benefits-study-prepared-executive-committee-multilateral-fund http://hdl.handle.net/10986/21978 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
Climate mitigation hydrochlorofluorocarbons HCFC |
| spellingShingle |
Climate mitigation hydrochlorofluorocarbons HCFC World Bank Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund |
| description |
This study seeks to identify potential
sources of co-financing to meet the additional costs of
energy efficiency (EE) and climate mitigation benefits
associated with the hydrochlorofluorocarbons (HCFC)
phase-out supported by the Multilateral fund of the montreal
protocol (MLF). As it stands, the policy of the multilateral
fund is to support only the eligible incremental costs
related to the phase-out of ozone depleting substances, and
not to support the additional costs of additional EE related
improvements of the equipment. Currently therefore, while
the multilateral fund encourages exploring co-financing
opportunities for improving energy efficiency, the fund does
not directly support the uptake of the most energy efficient
technology. HCFC phase-out management plans (HPMPs) approved
by the MLF seek to facilitate the conversion of
refrigeration - air conditioning (Ref-AC) manufacturing and
foam manufacturing away from the use of HCFCs to non - ozone
depleting substance (ODS) alternatives. This study explores
pathways that may encourage the uptake of ozone- and climate
friendly technologies through synergies between the MP,
policies to promote EE, and climate finance instruments;
thereby leading also to cost-effectiveness of public
financing and economic efficiency where synergies exist and
can be exploited. The study underscores, based on practical
examples, that opportunities can be strategically engineered
to encourage harmonization between the phase-out of the
HCFCs and HCFC-using technologies with efforts to promote
energy efficiency and reduce greenhouse gas emissions (GHG). |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund |
| title_short |
Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund |
| title_full |
Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund |
| title_fullStr |
Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund |
| title_full_unstemmed |
Resource Mobilization for HCFC Phase-out and Climate Mitigation Co-benefits : A Study Prepared for the Executive Committee of the Multilateral Fund |
| title_sort |
resource mobilization for hcfc phase-out and climate mitigation co-benefits : a study prepared for the executive committee of the multilateral fund |
| publisher |
Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/04/24424962/resource-mobilization-hcfc-phase-out-climate-mitigation-co-benefits-study-prepared-executive-committee-multilateral-fund http://hdl.handle.net/10986/21978 |
| _version_ |
1764449648717594624 |