Agenda 2030 has put renewed emphasis on the importance of integrating social, environment and economic goals across national plans and budgets. In this context, there is a unique opportunity to build on these political commitments and provide support to country led budget reforms which will enable public investments that not only respond to climate change but also address gender equality, poverty and human rights.
The national budget is undoubtedly a key instrument in ensuring that these policy agendas are appropriately resourced and integrated across a range of sectoral ministries. In the Asia-Pacific Region domestic budgets account for over $1.9 trillion and carry the potential to act as the primary instrument for prioritizing investments in relation to Agenda 2030.[i] This said, other sources of domestic funding and international finance, including from the private sector, need to be considered while developing a comprehensive strategy to finance climate change adaptation and mitigation in the region.
Crucially, experience has shown that accessing and leveraging these resources should be part of a systematic approach towards climate change finance that begins with estimating the economic impacts of climate change on a particular country, province or sector; understanding how existing budget spend is contributing to an amelioration of those impacts; mapping future financial flows for adaptation to determine an adaptation financing gap; and then accessing resources to fill this gap from a variety of sources.
Countries in the Asia-Pacific region have made substantial progress in mainstreaming climate change into their existing country systems and with accessing international climate finance. Through this process, several systemic reforms have been undertaken.
Effectiveness of public investments is contingent upon how the priorities and concerns of most vulnerable population including men, women, children, ethnic minorities amongst others, are understood and addressed. Despite communities at the local level being repositories of knowledge and solutions to development problems, they do not always have the access and capacity to participate in decision making processes. Several countries have been undertaking initiatives to enhance the impact and effectiveness dimensions of climate change related public investments. Additionally, non-executive actors such as civil society organizations, the private sector and parliaments are increasingly engaging on climate change finance to strengthen accountability over its use.
Over the past 4 years, United Nations Development Programme (UNDP) and the Action on Climate Today (ACT), have provided technical assistance to national and subnational governments on these issues using the Climate Change Finance Frameworks with support from UK-AID and Sida.
UK’s Department for International Development (DFID) is supporting various countries across Asia through its Climate Proofing Growth and Development (CPGD) programme. The programme is helping mainstream climate change resilience measures within budgetary planning and policy-making.
The Embassy of Sweden through Swedish International Development Cooperation Agency (Sida) is supporting an implementation of Strengthening the Governance of Climate Change Finance to Enhance Gender Equality Project in 7 countries in Asia and the Pacific. The project works directly with ministries of finance and other sectoral ministries to ensure national budgets better incorporate climate change.
This Regional Dialogue on Climate Change Finance will aim to review experiences, insights and learnings from this initiative by looking at financial flows, systems and institutions as well as the impact and effectiveness issues that are key elements of a comprehensive approach for climate change finance.
Tuesday, 20th February 2018
|9.00 – 10.30||Gender and climate change financing – Why does it matter?
Understanding the importance of linking gender and climate change financing.
|10.30 – 12.00||Gender and climate change financing – Sharing approaches
What is already being done to ensure gender-responsive climate change financing? Participating countries will be requested to share their approaches.
|13.00 – 14.00||Gender and Climate Change Financing – Addressing gender discrimination
How can we systematically integrate gender equality in a fund’s governance structure as well in its public participation mechanisms?
|14.00 – 15.30||Accessing International Finance through a Gender Equality and Climate Change Focus
Exploring the best approaches and lessons learned when it comes to leveraging gender equality in accessing international finance.
|15.30 – 16.30||Monitoring and evaluation
Examining the tools that are in place to measure the impact of climate change-related financing and investments and how they respond to the different needs of women, men and other marginalized groups.
Wednesday, 21st February 2018
|8.00 – 8.30||Registration|
|8.30 – 10.00||Opening plenary – Overview on climate change finance: flows, systems and impacts
Looking at the various opportunities and gaps emerging in the domains of climate change finance flows, systems and impact in the region.
|10.00 – 10.30||Break|
|10.30 – 12.00||Integrating climate change in domestic budgets: What is the progress?
How has climate change been integrated into countries domestic budget processes? How are climate change budgets becoming gender responsive?
|13.00 – 14.30||Mainstreaming climate change into planning and budgeting of sectoral domains: Opportunities
Exploring the experiences of various approaches to mainstreaming adaptation into sectoral domains as the sustainable and scalable solution for climate proofing growth and development.
|14.30 – 15.00||Break|
|15.00 – 17.00||Accessing and leveraging international climate finance: Do’s, don’ts and replicable lessons
Examining issues and investigating examples of private sector engagement in adaptation climate change.
|17.00 onwards||South-South Bazaar
An opportunity for participating countries and organizations to showcase their success stories and products around incorporating climate change into domestic budgets.
Thursday, 22nd February 2018
|9.00 – 10.30||Role of policies and institutional reforms in integrating climate change into budget reforms
What are advantages and challenges for governments when it comes to developing public policies and regulatory and financial incentives to enable a scale-up of climate-friendly investments from both public and private sources?
|10.30 – 11.00||Break|
|11.00 – 12.30||Mainstreaming climate change in domestic budgets at the sub national level
Exploring the dynamics of subnational mainstreaming through discussions with technical experts and policy makers who have been directly involved in mainstreaming climate finance at the subnational level.
|12.30 – 14.00||Lunch|
|14.00 – 15.30||Impact, effectiveness and accountability of climate change finance
Explores the effectiveness of public investments in relation to the priorities and concerns of most vulnerable sections including men, women, children, ethnic minorities and the tools that can be used to allow more involvement in the budget process.
|15.30 – 16.00||Break|
|16.00 – 17.00||Closing session|
The objective of the regional event is to bring together the experiences of national and subnational governmental and non-governmental actors from Asia-Pacific region to-
- Develop a common understanding of the latest trends, best practices and challenges with financial flows for climate change (volume, and type)
- Explore methods and approaches to improve the governance of climate change finance through systems enhancements, institutional development and policy shifts
- Explore ways in which climate change can be mainstreamed into sectoral domains such as agriculture, water, energy, etc.
- Determine the impacts of investments in climate change in reducing vulnerability and addressing the differential impact on men and women altering exposure and building adaptive capacity across the region
- Identify and pursue opportunities for South-South exchange on mainstreaming, accessing and leveraging finance for climate change
Key Themes for Discussion
The Regional Dialogue will entail sessions that will explore the following questions-
Climate Finance Flows
- What are the levels and sources of finance for climate change at the national and subnational levels across the Asia-Pacific Region?
- What are the key gaps and challenges in maintaining and increasing flows of finance for climate change across the Region?
- What are some emerging trends in finance for climate change across the Region?
- What are the potential ways of capturing data and information on climate change finance flows that demonstrate differential impact on men, women and most vulnerable?
Systems and Institutions
- What national and subnational system enhancements and policy reforms that have taken place to enable the improved governance of finance for climate change?
- What systemic reforms have taken place that incentivize the climate change public and private investments to integrate gender equality?
- What institutional structures have provided an enabling environment for the leveraging and mainstreaming climate change into public and private investments
- What are the opportunities and challenges for mainstreaming climate change related investments within the plans and budgets of sectoral domains such as agriculture, water and energy?
- How do dominant frameworks for climate change interface with nodal policy agendas such as NDCs, SDGs and the NAPs?
- What are the methods and modalities of combining integrating international climate funds with domestic resources for co-financing CC?
Impact and Effectiveness
- In what ways can the impact of climate change finance be measured across various population groups? (men, women and most vulnerable)?
- How do different types of actors (government, private sector, civil society) envision impact from investments in climate change?
- What kind of partnerships and collaborations have proven successful in ensuring the transparency, accountability and effectiveness of finance for climate change?
- What has been the impact of investments in climate change at the national and subnational level in the Region?
[i] Asia-Pacific Effective Development Co-operation Report 2014, UNDP (Link: http://www.asia-pacific.undp.org/content/rbap/en/home/library/democratic_governance/effective-dev-cooperation-report-2014.html)
Climate Change Conclave-Meeting 2030 Targets
Government of Chhattisgarh in partnership with ACT-CCIP initiative organised a Climate Change Conclave-Meeting 2030 Targets at the State Forest Research and Training Institute in Raipur on 19-20 December.
The Honourable Minister of Forest, Law & Legal Affairs, GoC, Shri Mahesh Gagda, addressed the gathering and spoke about the impacts of climate change in the State and efforts undertaken by the State to address them. The Conclave also witnessed salient stakeholders (policymakers, civil society organisations, international experts, and media) deliberate on Chhattisgarh’s proactive approach to address climate change across sectors as well as the national and international sources available to access finance.
Regional Dialogue on Financing Climate Resilient Growth in South Asia, September 2016
The Regional Dialogue on Financing Climate Resilient Growth in South Asia was held in Kathmandu on September 26th and 27th. Over the course of two days, participants exchanged ideas and deliberated on early lessons in mainstreaming climate change adaptation in planning, budgeting and spending at national and sub-national levels.
The Dialogue witnessed participation from senior government representatives from Afghanistan, India, Nepal and Pakistan. The dignitaries shared their experiences of budgeting and financing approaches to support climate resilient economic growth. It concluded with the launch of the Climate Change Financing Frameworks report which reviews work related to Climate Change Financing Frameworks (CCFFs) in Afghanistan, Nepal, Pakistan and six Indian states.
Find out more about work related to Climate Change Financing Frameworks (CCFFs) in Afghanistan, Nepal, Pakistan and six Indian states in this four-page leaflet Progress with Climate Change Financing Frameworks in selected South Asian countries and also in the full report Progress with Climate Change Financing Frameworks in selected South Asian countries.