International Climate Initiative
The project is implemented within the framework of the International Climate Initiative (IKI).
About the International Climate Initiative
Since 2008, the International Climate Initiative (IKI) of the Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) has been financing climate and biodiversity projects in developing and newly industrialising countries, as well as in countries in transition. Based on a decision taken by the German parliament (Bundestag), a sum of 120 million euros is available for use by the initiative annually. The IKI was a key element of Germany’s implementation of fast start financing. The Energy and Climate Fund launched by the German Government in 2011 is a further source of finance for international climate projects, and for activities to conserve biological diversity. Part of that funding is deployed through the IKI. That Fund is replenished from the auctioning of emission allowances. This innovative source makes Germany well-prepared to deliver long-term financing for climate and biodiversity projects worldwide.
The IKI is active in four areas: Mitigating greenhouse gas emissions, adapting to the impacts of climate change, conserving natural carbon sinks with a focus on reducing emissions from deforestation and forest degradation (REDD+), as well as conserving biological diversity.
New projects are selected through a two-stage procedure that takes place once a year. Priority is given to activities that support creating an international climate protection architecture, to transparency, and to innovative and transferable solutions that have an impact beyond the individual project. The IKI cooperates closely with partner countries and supports consensus building for a comprehensive international climate agreement. Moreover, it is the goal of the IKI to create as many synergies as possible between climate protection and biodiversity conservation.
For an overview of additional Sino-German cooperation projects which are part of the IKI, please see the Climate Protection in China (EN) brochure, also available in Chinese. This contains factsheets on all BMUB projects implemented in China by the GIZ and other international organizations, which detail the context, objective(s), and results.
More information can be found on the International Climate Initiative website: www.international-climate-initiative.com