NEGOTIATIONS
FOCUS
PROCESS
KEY STEPS
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Funding Options for Adaptation
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Cool Earth Partnership
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Funding Source
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Government of Japan
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Focal Sector/s
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Food security, agriculture, forestry and fisheries; water; population and human settlements
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Nature of Disbursement
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Loans, technical assistance
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Cofinancing
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No
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Eligible Region
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Africa, Asia-Pacific, South and Central America, Small Island Developing States, Least
Developed Countries
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Summary Note
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The Cool Earth Partnership is funded by the Government of Japan. Starting in 2009, Japan will
provide funds amounting approximately to US$ 10 billion (JPYen 1,250 billion) in aggregate over
the next five years. Assistance will be provided to developing countries, which are
vulnerable to the adverse effects of climate change (e.g. African and Pacific island counties),
to take adaptive measures (e.g. measures against disasters related to climate change (including
disaster prevention) such as droughts and floods, planning of adaptation measures). Grant aid,
technical assistance and aid through international organizations will be provided to address
the needs in developing countries. A new scheme of grant aid, "Program Grant Aid for
Environment and Climate Change", will be created as a component of this package. In the
context of improved access to clean energy, feasibility study on rural electrification projects
with geothermal energy and "co-benefit" projects that address climate change will be
conducted.
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Examples
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Climate Change Program Loan (Cool Earth Program Loan), on which the Government of Japan and the
Government of Indonesia agreed, is the first case of Climate Change-related ODA loan up to the
total amount of 300 million U.S. dollars with special preferential interest rate based on the
Cool Earth Partnership. The Indonesian Government has made its full efforts to address climate
change issues with formulating the National Action Plan Addressing Climate Change which
includes targets and action plans various sectors, including the Water Resource Management
Sector. In order to optimally develop watershed management that is well adapted for climate
change effects, measures will be taken as follows: (1) Formulation of the Integrated Water
Resource Management Plan (2) Establishment of National Water Council which coordinates various
interests among stakeholders and functions as the center point in formulating the
facility-building plan.
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Contact details for further information
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Ministry of Foreign Affairs of Japan
Kasumigaseki 2-2-1, Chiyoda-ku,
Tokyo 100-8919, Japan.
Tel: +81- (0) 3-3580-3311
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Relevant websites
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