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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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