XI-BRIDGE-6385676864-3494 Global Environment Facility NA Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility UNDP Ministry of Sustainable Development CEO Approval Date Actual Implementation Start Date Actual Completion Date ' St. Kitts and Nevis 0.00 0.00 0.00 0 UNDP Ministry of Sustainable Development 0 GEF XI-BRIDGE-6385676864-5078 Global Environment Facility NA Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility UNDP Ministry of Sustainable Development CEO Endorsement Date Actual Implementation Start Date Expected Completion Date Actual Completion Date ' St. Kitts and Nevis +![cdata[Biodiversity]]+ 674326.00 674326.00 674326.00 674326.00 674326.00 0 UNDP Ministry of Sustainable Development 0 UNDP Ministry of Sustainable Development 1445444 UNDP Ministry of Sustainable Development 500841 UNDP Ministry of Sustainable Development 921614 UNDP Ministry of Sustainable Development 2867899 UNDP Ministry of Sustainable Development 3371630 GEF XI-BRIDGE-6385676864-9785 Global Environment Facility To transform degraded forest landscapes into biodiversity and climate-friendly areas of sustainable agricultural / agroforestry production Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility UNEP International Union for Conservation of Nature (IUCN) CEO Endorsement Date Actual Implementation Start Date Expected Completion Date ' St. Kitts and Nevis +![cdata[Agricultural policy and administrative management]]+ +![cdata[Rural development]]+ +![cdata[Rural development]]+ 603196.40 603196.40 603196.40 603196.40 603196.40 452397 UNEP International Union for Conservation of Nature (IUCN) 310382 UNEP International Union for Conservation of Nature (IUCN) 562388 UNEP International Union for Conservation of Nature (IUCN) 578374 UNEP International Union for Conservation of Nature (IUCN) 3015982 GEF XI-BRIDGE-6385676864-10856 Global Environment Facility Accelerate the transition towards 100% renewable electricity generation and 100% high energy efficiency public buildings in Saint Kitts and Nevis. Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.According to the ‘Global Energy Transformation: Roadmap to 2050’ report by the International Renewable Energy Agency (IRENA)[1], the transition to renewable energy will significantly improve the global socio-economic footprint of the energy system. The report forecasted that globally by 2050, the decarbonization of the energy system will generate a 15% increase in welfare, one percent increase in gross domestic product (GDP), and 0.1% in employment. Impacts on specific economies may differ based on potentials, national endowment, and current economic output. In St. Kitts and Nevis, a tourism-based economy that relies on petroleum imports, a positive impact can be expected for the balance of payments and the GDP if the tourism sector capitalizes the benefits of a country with 100% green electricity. Moreover, gains in welfare from the energy transition will further emphasize the impact in GDP in the long run. Social benefitsIn terms of social benefits, through the introduction and expansion of sustainable energy sources, the project will contribute to St. Kitts and Nevis` transition to a low-carbon environment, reducing air pollution and CO2 emissions and thus improving air quality for the citizens of the country. This has the co-benefit of improving citizen’s health and lowering associated health care costs and potential death rates. For employment, the energy transition as the one proposed in this project is also expected to generate positive impact in almost all regions and countries, although it will fluctuate over time. The expected impact of the measures to be proposed by this project will be assessed in a dedicated deliverable, where redistributional aspects of the transition will be considered (see output 1.2).Economic benefitsIn terms of economic benefits, Saint Kitts and Nevis currently spends around 5% of its GDP on fuel imports annually, and it highly depending on energy imports with the risks of high volatility and external price shocks (as currently seen in 2022 due to the war in Ukraine). St. Kitts and Nevis have an abundance of renewable energy resources. Investing into renewable energy sources opens new opportunities for the local economy and job seekers. Although the introduction renewable energy technologies and energy efficiency measures requires imports and thus also substantial infrastructure investments, in the medium- to long-term the transition will make the country less dependent on global oil prices and external price fluctuations and crises. Over time this will support the fiscal health of the Government of Saint Kitt and Nevis, as it won’t have to provide such significant fuel subsidies. A reduced dependency on fossil fuel imports will slowly reduce investment uncertainties, which in turn should lead to a more favourable investment environment, lowering interest rates and expected short-term returns, and making long-term investments more attractive. In addition, the transition to clean energy is likely to create a new market for electro-mobility (and the associated charging infrastructure) in Saint Kitts and Nevis. Environmental benefitsIn terms of environmental benefits, use of fossil fuel-based energy generation is reduced and shifts to sustainable energy solutions, including renewable energies, which decreases the demand for fossil fuels, mainly diesel and fuel oil in St. Kitts and Nevis. Eventually, this leads to a reduced environmental footprint of electricity sector, which is expressed in mitigated GHG emissions (tCO2e/a) and renewable energy capacity installed (MW). At the same time a shift to sustainable energy solutions furthers resource efficiency and circular economy practices. This includes reduced levels of key pollution, e.g., air pollutants stemming from combusting diesel and fuel oil such as SO2, PM, CO, and VOCs, due to more efficient use of resources, which can have co-benefits for residents’ health and the preservation and protection of the local biodiversity. [1] IRENA, Global energy transformation: A roadmap to 2050 (2019). Available here. Global Environment Facility UNEP Ministry of Environment, Climate Action and Constituency Empowerment CEO Endorsement Date Actual Implementation Start Date Expected Completion Date ' St. Kitts and Nevis Nevis 17.15249 -62.58673 Basseterre 17.2955 -62.72499 +![cdata[Energy generation, renewable sources - multiple technologies]]+ 350000 UNEP Ministry of Environment, Climate Action and Constituency Empowerment 3318995 GEF XI-BRIDGE-6385676864-11355 Global Environment Facility To address ocean hypoxia by tackling the root causes and drivers of land-based nutrient pollution in St. Kitts and Nevis, through policy reforms, regulatory measures, sustainable financing, and nature-based solutions Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency. 1. The project's investments in science, training, private sector opportunities, and in creating the framework for the NOP-SAP and the Coastal Master and Spatial Management Plan will the following direct benefits:2. The project supports the NOP-SAP process that, through its implementation, will add to the suite of climate adaptation measures in more resilient marine resources and important steps towards water security. The investment program will add tangible next steps to the SAP implementation. The science created under Component 1 will provide important baselines and will support actions that support the two islands coastal and marine systems, e.g. coral reefs and mangroves that mitigate the effects of sea-level rise. Private sector engagement and connecting businesses to technology options will increase business opportunities that will add to the SKNs economy. That concept is further solidified by vocational training that will lead to job opportunities. The small grant projects are designed to provide local opportunities. The project, in coordination with CHO-IP, also provides skill training to national professionals that will lead to future opportunities, nationally and internationally, which is important for Small Island Developing States. The project's development of an investment portfolio will define future projects, such as in fisheries and aquaculture, are preliminary steps in expanding the Blue Economy of St. Kitts & Nevis. Collectively, these will support a sustainable Blue Economy and reduce vulnerabilities. 3. We confirm that the project design has considered socio-economic benefits to be delivered by the project and these have been clearly described in the Project Description and will be monitored and reported on during project implementation (at MTR and TER).Global Environment Facility CI The Nature Conservancy CEO Endorsement Date Actual Implementation Start Date ' St. Kitts and Nevis St. Kitts and Nevis Marine Management Area 17.20637 -62.57442 Nevis Peak, NevisPeak, Nevis 17.15245 -62.58810 Central Forest Reserve, St. Kitts 17.33173 -62.78978 2652294 GEF XI-BRIDGE-6385676864-11889 Global Environment Facility Strengthening national capacity to plan and implement integrated, land use and management for LDN Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility FAO The University of the West Indies CEO Approval Date ' St. Kitts and Nevis 3959590 GEF