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Improving Access to and
Management of Climate Change
Resources in the Pacific Region
August 2012
Background
1. Options Paper considered by Forum Leaders and
Economic Ministers in 2011
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Climate change and development effectiveness
Budget support and trust fund arrangements
Regional funding arrangements
Capacity supplementation and institutional strengthening
2. Leaders tasked the Pacific Islands Forum Secretariat to
detail of how national and regional options could work in
practice.
2
Multi-Tiered Approach
1. Regional Technical Support Mechanism
2. Documenting practical experiences with a range of
modalities
3. Country specific assessment of options – Pacific Climate
Finance Assessment Framework and Nauru case study
4. Pacific Solutions Exchange
5. Potential regional funding arrangements
6. Improved access to international climate financing
3
Regional Technical Support Mechanism
1. Technical assistance – increasing
absorptive capacity of Pacific Island
Countries and Territories
2. RTSM and associated rapid response
fund – funded by Climate Investment
Fund
3. Pacific Regional Organisations, ADB
and World Bank to develop by mid
2013
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Climate Financing Options Paper
1.
2.
General assessment of options at the
national, sub-regional, regional and
international level
Challenges for Pacific Island Countries and
Territories
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Navigating the complex global financing
architecture
Improving development effectiveness and
donor harmonisation
Strengthening the enabling environment –
policy and institutional
Building and supplementing capacity
Taking advantage of co-benefits
5
Practical Experiences with Modalities
Relevant for Climate Financing
1.
2.
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7.
Budget support – Samoa
National Trust Fund – Tuvalu
Sub-regional Fund – Micronesia
National Development Bank – Palau
National Implementing Entity – Cook Islands
Regional Implementing Entity – SPREP
Multilateral Implementing Entity – Solomon
Islands and UNDP
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Pacific Climate Finance Assessment Framework
1.
2.
Build on existing global and regional
assessment tools and frameworks
Further refined through Nauru Case
Study, exploring 6 key dimensions:
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Sources of Climate Finance
Policies and Plans
Institutions
Public Financial Management and
Expenditure
Human Capacity
Development Effectiveness
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Nauru Case Study – Preliminary Findings
1. Climate change and development effectiveness
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Ongoing efforts to mainstream climate change into
policies and programs, and improve development
effectiveness are critical
2. Trust fund
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Ongoing discussions regarding establishment of the
Nauru Trust Fund, in partnership with the ADB will inform
decisions on any climate change trust fund
3. Budget support
•
Potential to expand use of this modality
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Conclusions
 Consideration must be given to complexities at the source as
well as to country systems and capacity to implement.
 The ability to harness and effectively use climate change
financing will benefit from strengthened national systems and
increased use of those systems by development partners.
 Capacity constraints in the Pacific region present a significant
challenge which we must collectively try to address.
 Donors are likely to continue to use a range of modalities to
deliver climate change resources. Pacific Island Countries and
Territories will therefore need to draw on a range of options to
improve access to and management of these resources.
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Thank You
Ryan Medrana [email protected]
Exsley Taloiburi [email protected]