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CPEIR WORKSHOP GROUP 6 El Salvador, Honduras, Morocco and Poland Why would you want to do a CPEIR and how might you benefit? • Avoid duplication of expenditures/ streamline investment (domestic, international) • Identify expenditures (climate markers) / raise awareness about CC investment • Improve effectiveness of use and allocation in a context of scarce resources • Bridging levels of institutional spending (local, regional, national) • Improve governance, coordination , communication at institutional level • MRV purposes: benchmark, M&E, audit the internal expenditures • Assess degree of integration of CC investment into planning process • Identify investment gaps What next steps are you taking to strengthen your policies and institutions to better manage climate change expenditures? • Improve institutional coordination, establish mechanisms to effectively channel resources according to policy priorities • Strengthen portfolio management: policy priorities, M&E, MRV of funds • Develop direct access to CC funds to access a larger amount of $ and be accountable for it. • Assessment of sectors not included in previous CPEIR assessments • Define CC strategy that can guide public investment (e.g.: cost effective mitigation-GHG abatement cost curve, no regret adaptation measures) • Budget reform process provides an opportunity to mainstream CC (E.g.: Morocco: Streamline “especial accounts” vs establishment of “National Climate Fund”?) • Strengthen the budget programming • Promote regional exchange on climate finance effectiveness lessons learned • Tailor CC finance instruments to needs of actors that are delihvering on CC • Promote low cost instruments and mobilize private finance trough incentives What are your 3-4 priority areas for further support to strengthen the management of climate change expenditures? • Modeling climate change to facilitate policy response. Analytical tools to assist decisions making at macro level (cost of adaptation/inaction, employment, etc.) • Definitions, indicators, makers for CC investment • Establishment of coordination mechanisms and strengthen institutional setting. • Technical/financial support to perform CPEIR • Development of cross-sector policy and empower the leading institution • Mechanisms to align domestic, external and private investments. • Further support for peer learning, S/S collaboration, regional exchange • Engagement of other key actors for CC action: Academia, CSO and private sector • Support to develop MRV systems.