Support for Strengthening Climate Finance Activities in Nepal_2016

Study Team

The study team (in alphabetical order) consisted of: Dr. Divas B. Basnyat (Team Leader), Chiranjibi Gautam, Jaya Kumar Gurung, Dibesh Shrestha, Shiva Gopal Shrestha

Introduction

The project – “TAAS-0072: Support for Strengthening Climate Finance Activities in Nepal” ( November 2016-March 2017) was led by Nepal Development Research Institute (NDRI), working in collaboration with Prakriti Resources Centre (PRC) and was funded by Climate and Development Knowledge Network (CDKN). The overall objective of this project was to support the Government and the private sector in enhancing their understanding and capabilities towards accessing and utilizing Climate Finance to implement climate actions in the country. It was carried out in close support and coordination of the Ministry of Finance, Government of Nepal.

Objectives

1. Raise awareness regarding barriers towards accessing climate finance both in Nepal and internationally
2. Bridge divergent understanding among senior government officials from key ministries and others
3. Enhance understanding of potential NIEs through direct access modality

Activities

A climate finance sensitization workshop (on 7th of March, 2017), followed by a capacity assessment workshop (on 27 – 28th of March, 2017) of potential National Implementation Entities (NIEs) (targeting the private sector organizations) was organized. The aim of the first workshop was to sensitize stakeholders, particularly from the private sector, on opportunities and challenges in accessing climate finance and to support the identification of potential NIEs on climate finance. The aim of the second workshop was to enhance the understanding of potential NIEs on the Green Climate Fund (GCF) about accreditation procedures/requirements and support the self assessment of their respective institutions as per GCF accreditation requirements. Participants included representatives from concerned ministries and departments of the government, public institutions, private entities (i.e. commercial banks), the Federation of Nepalese Chambers of Commerce and Industry, etc. An exposure visit for potential NIEs of Nepal to National Bank for Agriculture and Rural Development (NABARD) in Mumbai was organized in June 2017.

Documents

• Guide on Accreditation to Green Climate Fund for Nepali Private Sector (May 2017)
• Direct Access – Financing Climate Actions in Nepal (May 2017)
• Access to Green Climate Fund (GCF) and Accreditation of National Implementing Entities (NIEs) to GCF (Infographics, June 2017)
• Workshop presentation slides

Training Workshop 28-29 March 2017

1. I_1_GCF & Role of NDA
2. I_2_GCF_Private Sector Investment in Nepal and GCF_challenges and oppurtunities
3. I_3_Mainstreaming UNFCCC objectives in Nepal
4. I_4_GCF Fidicuary Requirements and National System
5. I_5_GCF ESS and Gender Requirements and National System
6. I_6_Accreditation process for GCF as NIE_AEPC
7. I_7_GCF_Introduction to Reusable Guide
8. I_8_GCF Funding- Regional Experiences
9. II_1_GCF Accreditation Self Assessment Tool 29 March
10. II_2_Priorities for Nepal_Mitigation and Adaptation

GCF Publications

1. Direct Access Financing Climate Actions in Nepal
2. Guide on Accreditation GCF
3. GCF_Infographics
4. Cap Ass_Workshop_Report_TAAS_0072_Final
5. Country_Situtation_Analysis_report_TAAS_0072_Final
6. Concept_Paper_on_Selection_of_Potential_NIEs_TAAS_0072_Final
7. Final_Recommendation Report TAAS_0072