Transcript What is climate change finance? How does it relate to country systems? COUNRTY LED DEFINITIONS Tom Beloe Governance, Climate Change Finance and Development Effectiveness Advisor UNDP.

What is climate change finance?
How does it relate to country systems?
COUNRTY LED DEFINITIONS
Tom Beloe
Governance, Climate Change Finance and
Development Effectiveness Advisor
UNDP Asia Pacific Regional Centre
Characteristics of definitions
• Different constituencies – different emphases
• Domestic and international
• Public and private
• Adaptation and mitigation
Focusing on country-led definitions
1. How is climate change policy articulated in
public expenditure at the national level?
2. How are countries developing Climate
Change Financing and Fiscal Frameworks for
the future?
Asia Pacific: a map of climate
expenditures
Country
% of
budget
% GDP
Comments on data
Nepal
6.7 %
1.8%
10 ministries reviewed. Not include
‘off-budget’ donor support
Bangladesh 5.5 %
0.9%
7.2 %
(2010/11)
37 ministries reviewed. Not include
(2010/11) ‘off-budget’ donor support
Thailand
2.7 %
0.5%
Cambodia
14.9 - 16.9 % 3.1 – 6.9% All Government programmes
reviewed and includes ‘off-budget’
donor support
Samoa
15 %
6%
14 ministries reviewed. Not include
‘off-budget’ donor support
All Government programmes
reviewed and includes ‘off-budget’
donor support
SAMOA
Ministry of Finance
13%
Electricity and Petroleum Corporation
14%
Land Transport Authority
36%
CAMBODIA
Ministry of Health
10%
Ministry of Water Resources and Meterology
13%
Public Works and Transport
27%
NEPAL
Irrigation
15%
Physical Planning and Works
24%
Local Development
30%
BANGLADESH
Disaster Management and Relief Division
18%
Agriculture
20%
Local Government Division
THAILAND
Ministry of Education
Ministry of Natural Resources and Environment
Ministry of Agriculture
22%
6%
29%
55%
Climate Financing and Fiscal
Frameworks
managing future climate finance
• Budget cycle reform
• Improving domestic allocations
• Leveraging international finance
• Incentivising private sector
Private Sector
e.g. Budget expenditure
reports include explicit
reporting on climate
expenditures and
impacts and presented
to parliament and fed
into planning and
budgeting process
e.g. Budget requests from
different ministries integrate
climate change across their
programmes and overall budget
formulation explicitly includes
climate change investment
Parliament
Civil Society
Planning
Reporting
Budget
Public
Climate Finance
Treasury
Auditing
e.g. Line Ministries
establish climate
related Key
Performance
Indicators that
enable them to
account for the
performance of
climate
expenditure
Accounting
Procurement
e.g. Treasury
utilises a budget
marking system,
developed with
the budget
department, to
allow for climate
expenditure to be
tracked
Questions we will be taking forward
• What experience is there of establishing
country-led climate financing frameworks?
• How is international finance aligning with
country-led frameworks?
• How are we strengthening and using country
systems to manage climate change finance?