Financing resilient growth

1. E learning www.FinancingResilientGrowth.org
April, 2018

2. Why mainstream?

3. Why? Cost vs. Scarcity of Funding
• Global estimates: Cost of
adaptation: $300 billion by 2030;
$500 billion by 2050 (UNEP)
◦ Vs. all Climate Funds (pledged):
$29 billion
• In light of these challenges, countries must mainstream climate
change across their national and donor budgets and planning
and find funding strategies.

4. Estimate
economic
cost of CC
Estimate
current CC
relevant
expenditure
Estimate
future
available
financing
Estimate
Adaptation
Gap
Fill the Gap
Elements of Financing Frameworks
Cost/ GDP Growth foregone

5. The Adaptation Gap is the amount of CC damage not addressed by current and projected levels of
adaptation, as a percentage of total CC potential damage:
0
500
1000
1500
2000
2500
3000
2015 2020 2025 2030 2035 2040 2045 2050
GDP(Rs'000crore)
Target (no CC
impacts)
Business as usual
(no adaptation)
Current and
projected
adaptation
AdaptationGap
A/G: 85%
What is the Adaptation Gap?

6. How Financing Frameworks can
support the NAP Processes

7. Potential FFRG Entry Points
Integrate CC into
public planning
and budgeting
A
B
C
D

8. Element C: Implementation Strategies
1. Prioritizing climate change adaptation in national planning
◦ FFRGs are a Robust framework for prioritisation linked to economic cost assessments and
climate change relevance
2. Developing a (long-term) national adaptation implementation strategy
◦ Can be used for development of financing scenarios, a basis for funding access strategies
3. Enhancing capacity for planning and implementation of adaptation
◦ Constitutes government capacity to institutionalise CC in planning and budgeting
4. Promoting coordination and synergy at the regional level & with other multilateral
environmental Agreements
◦ Coordinating sectors around a central CC budgeting agenda, and opportunities for cross-
country learning

9. Potential CCFF Entry Points
Integrate CC into
public planning
and budgeting
CC budget
tracking and
verification
A
B
C
D

10. Element D: Reporting, monitoring & review
• Monitoring public expenditure:
• FFRGs provide an entry point for tracking CC expenditure through government
systems
• Results to be compared against sectoral L&D forecasts and feedback into next
budget cycle
• Monitoring the adequacy of the total effort in economic terms
• Adaptation gap: Level of effort versus effort required to ensure growth is same
as without climate change (“Climate-proof growth”)
• Results to be compared against sectoral economic cost forecasts and feedback
into next budget cycle

11. E learning on Climate Finance

12. What will the course cover?
After completing the course, participants will be able to:
• Explain the fundamentals of climate change adaptation finance
• Estimate economic cost of climate change and assess expenditures
for their climate change effectiveness
• Identify sources of climate change finance and assess their relative
appropriateness for funding different adaptation and mitigation
options
• Understand how the FFRG can enable the development and
monitoring of National Adaptation Plans (or NAPs)
• Understand how the FFRG can contribute to the achievement of
relevant SDGs

13. Who will benefit from this course?
• Government officials, policymakers,
development planners, climate change
practitioners
•All those interested in seeing Climate Change
mainstreamed into public planning and
budgeting
• All sectors are affected by climate change and all
entities involved with development planning are
• 2 levels to each module:
➢ For those who want to learn more
• Pre-requisite: familiarity with the basic concepts
of climate change (or take Introductory e-Course
on Climate Change

14. How will the course be taught?
• 8 modules, self-paced
• 2 levels to some modules
•Exercises for each module
• Score for self-assessment
• Publication for self-study beyond
curriculum

15. Features
• Real world experience
and testimonials
• Frequent content
update
• Audio transcripts
• Certification: 100%
completion of lecture
• Enrolment anytime, no
deadline

16. Thank you!
www.FinancingResilientGrowth.org
Elisabeth.resch@opml.co.uk