Partnership to Strengthen Transparency for co-Innovation (PaSTI)

Partnership to Strengthen
Transparency for co-Innovation (PaSTI)

PaSTI Activities

Year 2019
Date Venue Title Resources
Jul. Meeting Tokyo, Japan Technical Training in Japan on PaSTI-Indonesia
Jun. Publish - Newsletter "PaSTI TIMES" Vol.1 on release which includes the latest reports on PaSTI activities
26 Feb. Meeting Jakarta, Indonesia International Kickoff Workshop on PaSTI-Indonesia
21-22 Feb. Meeting Bangkok, Thailand Inception Workshop for the PaSTI-JAIF Project on Capacity Building for ASEAN Member States on Facility-Level MRV
Feb. Webinar - Enhance MRV for the private sector
Jan. Webinar - Driving ambition: SBT and leveraging other initiatives
Year 2018
Date Venue Title Resources
11 Dec. Seminar Japan Pavilion
Katowice, Poland
Side Event @COP24 "Promoting the private sector engagement through the PaSTI" Leaflet
Nov. Webinar - Carbon pricing and other market approaches
November Publish - PaSTI Leaflet on release Leaflet
26-27 Sep. Meeting Tokyo, Japan Japan-Indonesia Signing Ceremony of the Letter of Intent (LoI)
Japan-Indonesia Policy Dialogue
Report
1 Mar. Meeting Bangkok, Thailand Scoping Workshop on PaSTI

What is PaSTI? – the Partnership to Strengthen Transparency for co-Innovation –

In order to pursue effective implementation of the Paris Agreement to achieve progress towards the long-term goal, it is indispensable that the national reports are developed and delivered with a regular and accuracy manner. Reporting with transparency helps to build mutual trust among countries and also strengthens domestic institution in each country. While national climate change initiatives has been led by state government for the past years, enhanced contribution to climate change actions from the non-state actors, such as the private sector and local governments, will be anticipated in the coming years. Development of low carbon society is expected to be promoted through integration of innovative business models and local policies and by identifying solid incentive mechanism for actions.

Partnership to Strengthen Transparency for co-Innovation (PaSTI) was established at COP23 of UNFCCC (2017) as an initiative of the Ministry of the Environment Japan (MOEJ) in collaboration with World Resources Institute (WRI). PaSTI highlights added-values to existing initiatives on transparency, and promotes engagement of the private sector and local government by identifying incentive mechanisms and developing critical tools.

PaSTI aims to deliver the following outputs.

  1. Promoting the engagement of non-state actors such as private companies and local governments with incentive mechanism
    PaSTI promotes climate actions taken by non-state actors, by supporting incentive mechanism that are compatible to business models and strategies.
  2. Enhancing the capacities and institutional structure in each country under their national development strategies
    In general, scope and priority in the national development plans differ depending on the economic status and key industries of each country. PaSTI focuses on improvement of the national monitoring and reporting system in context of climate change by accommodating to each country’s priorities.
  3. Strengthening and streamlining the transparency actions at subnational, national and regional level
    Cooperation and harmonized implementation method at different levels and with the private sector are essential for strengthening monitoring and reporting system. Enhancement of transparency activity encourages co-innovation by visualizing the potential means and needs in each country, and promoting participation and investment from the private sector.
co-innovation