This study has examined the development effectiveness dimensions of climate finance in Nepal. The analysis is based on the premise that the management of climate finance should build on relevant examples of good practice in other areas of public finance management, recognising the likely need for a variety of instruments to deliver climate change programming. As climate finance is
at an early, formative stage in Nepal, this paper offers a forward looking perspective on how climate finance may be administered in the years ahead. The paper focuses on the public financing component of climate finance and the role of international support. The study is part of a broader effort by UNDP to strengthen the capacity of national and local level institutions to manage scaled-up climate finance, leading to the development of a climate fiscal framework at the national level. Such a framework will require clarity on climate-related public expenditure, improved institutional coordination between sectors and different levels of government, with strengthened fiduciary risk and public finance management. The research also builds on a set of country studies carried out in 2010 that examined emerging climate change financing modalities. This led to a regional dialogue in Bangkok in October 2010, where a call was made to secure quality standards for climate finance within the countries of the region. The dialogue was facilitated by Capacity Development for Development Effectiveness(CDDE) Facility and brought together participants representing the seven governments of Bangladesh, Cambodia, Lao PDR, Nepal, Indonesia, Philippines and Viet Nam, as well as the Pacific Islands Forum Secretariat, eight development partners and international agencies (ADB, AUSAID, JICA, OECD, SIDA, UNDP, UNEP, World Bank) and representatives from parliaments and civil society.
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Publisher:
ODI, CDDE, UNDP
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(2011
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Type / Script:
Progress Report
in English
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Keywords:
BUDGETARY POLICY, RENEWAL ENERGY, CAPITAL BUDGET, MOBILIZATION, INTERNATIONAL DONORS, AWARNESS RAISING ACTIVITY, REPRESENTATIVES OF PARLIAMENTS, EXPENDITURE, CLIMATE CHANGE MANAGEMENT, INCLUSIVE WAY, PUBLIC EXPENDITURE, NATIONAL BUDGETS, FISCAL POLICY, MONETARY POLICY, CLIMATE FINANCE, FINANCIAL EMERGENCY, HEALTH AND EDUCATION, FINANCIAL POLICY, FINANCE DELIVERY MECHANISM, DEVELOPMENT INITIATIVES, ACCOUNTABILITY, PROGRAMME BUDGETING, DISASTER RISK REDUCTION, CLIMATE RESILIENCE, AID COORDINATION
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Thematic Group:
UNDP
:
Social and Institutional Developoment
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Thesaurus:
02.00.0A
- Economic Development And Development Finance
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Reference Link:
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