TICAD IV Follow-up Mechanism Annual Progress Report 2009

4 Addressing Enviromental/ Climate Change issues
- 4-1 (2) Promotion of the use of clean energy and improvement of energy access

GoJ: Support by "Cool Earth Partnership" and "Hatoyama Initiative" (*)

Yokohama Action Plan: [1]Support the formulation of policies and plans to expand usage of renewable energy, and assist renewable energy programmes including facilitating transfer of management and maintenance technology.

Proposed Measures by Japan/Implementing Partners: ● Support development and use of clean energy, including solar energy, through sector strategy and policy formulation and investment in renewable energy

Potential Resources, Possible Contributions: GoJ: Support by "Cool Earth Partnership" and "Hatoyama Initiative" (*)

Implementing Partners: GoJ/WBG

Related Links: WBG: Co-finance key regional hydropower projects
IFC: $ 4-5 million investment in clean energy

(*)(*) Cool Earth Partnership is composed of a total of ＄10 billion to be disbursed globally over five years starting from 2008. Hatoyama Initiative is composed of a total of US$ 15B approximately including public and private finance for 3 years up to 2012 to assist developing countries taking measures of mitigation, as well as those vulnerable to the negative impacts of climate change.