Climate change financing in the philippines
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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

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Climate Change Financing in the Philippines

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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


Percent distribution of 2011 CC PAPs per sector/category


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%


III. Potential Sources of CC Finance


III. Potential Sources of CC Finance


III. Potential Sources of CC Finance


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


End of Presentation


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