150 likes | 296 Views
Climate Change Financing in the Philippines. JEAN R. CENTENO National Economic and Development Authority 24-26 June 2012 Bangkok, Thailand. Outline of Presentation. Mainstreaming Climate Change (CC) in the 2011-2016 Philippine Development Plan and the 2011-2016 Public Investment Program
E N D
Climate Change Financing in the Philippines JEAN R. CENTENO National Economic and Development Authority 24-26 June 2012 Bangkok, Thailand
Outline of Presentation • Mainstreaming Climate Change (CC) in the 2011-2016 Philippine Development Plan and the 2011-2016 Public Investment Program • Reported Programs and Projects (PAPs) in the 2011 Official Development Assistance (ODA) Report • Percentage Share of CC PAPs in the 2011 ODA • Percentage Distribution of CC PAPs per Sector • Sources of CC Financing / Existing Financing Window • Potential Sources of Climate Change Finance • Opportunities and Challenges in programming and mobilizing public investment for CC
+ NARD (16-POINT AGENDA) ACHIEVE INCLUSIVE GROWTH, CREATE EMPLOYMENT OPPORTUNITIES AND REDUCE POVERTY Anchored on President Benigno S. Aquino III’s “Social Contract with the Filipino People” Overarching theme: inclusive growth and good governance
I. Mainstreaming Climate Change in the 2011-2016 Philippine Development Plan • 6 out of 10 chapters of the PDP are CCA/DRR proofed . • Strategies espoused in the PDP are consistent with the actions required in the 2011-2028 National Climate Change Action Plan (NCCAP). • PDP is currently being revalidated to ensure that strategies remain relevant and achievable.
Major CC/DRR/M Strategies in the 2011-2016 PDP • Strengthening institutional capacities of national and local governments for CCA and DRR • Improving adaptive capacities of communities to the impact of climate change • Building resilience of the natural ecosystems • Promotion of environment friendly technologies for industry and transportation sectors • Promotion of clean and renewable energy
Mainstreaming Climate Change Adaptation and Disaster Risk Reduction in the 2011-2016 Public Investment Program
II. ODA Programs and Projects (PAPs) with CC Components Percentage Share of CC PAPs in the 2011 ODA
Sources of 2011 CC PAPs Financing • Multi-lateral Sources • ADB, FAO, GEF, IFAD, MDGF, UNDP, UNEP, UNIDO, and WB (e.g., through the climate change window on Special Climate Change Fund – SCCF) • 2. Bilateral Sources • AUSAID, Austria, China, Czech Republic, Germany (BMZ, GIZ, KfW or through Initiative for Climate and the Environment - IKLU), Japan (JICA, KOICA, JIRCAS or through Cool Earth Partnership ) New Zealand, Norway, Spain, and USAid 56%
IV. Opportunities and Challenges in programming and mobilizing public investment for CC • A. Opportunities • CC strategies are already identified as priority in the 2011-2016 PDP as well as local and sectoral plans • Availability of success stories on pilot projects/interventions on CC/DRRM which can be up-scaled • CC projections and sectoral vulnerability assessment conducted as basis for CC interventions design • Availability of funding window to support implementation of CC/DRR/M initiatives
IV. Opportunities and Challenges in programming and mobilizing public investment for CC • B. Challenges • Logical tagging/classification of CC and DRR/M-related PAPs • Harmonization of PAPs identified in the 2011-2016 PIP with the interventions/PAPs geared toward achieving the immediate outcomes of the NCCAP • Capacity building for implementing climate change actions • Further involvement of sub-national actors at the planning stage