Climate Finance in Bangladesh Presented by Umme Rehana
Outline Climate Change and Bangladesh Response Strategy Mapping Climate Finance Map in Bangladesh BD Initiatives to Combat CC Impacts BCCSAP Thematic Review Success under BCCTF Projects Challenges Way Forward 2
Climate Change: Bangladesh Response Bangladesh prepared it s National Adaptation Programme of Action (NAPA) in November 2005 (updated in 2009) Four Pillars of NAPA o Food security o Energy security o Water security o Livelihood security (including right to health) 3
Climate Change: Bangladesh Response (Cont..) Bangladesh climate change Strategy and Action Plan (BCCSAP), 2008 and updated 2009 The vision of the BCCSAP is Eradicate poverty and achieve economic and social wellbeing through a pro-poor climate change strategy which prioritize Adaptation, Disaster Risk Reduction; also address low carbon development, mitigation, technology transfer and provision of funding. Six thematic area of BCCSAP Food security, social protection and health Comprehensive disaster management Infrastructure Research and knowledge management Mitigation and low carbon development Capacity building and institutional strengthening 4
Climate Change: Bangladesh Response (Cont..) Enactment of Climate Change Trust Act by Parliament. Establishment of Climate Change Trust Fund (BCCTF) Bangladesh Climate Change Resilience Fund (BCCRF) 5
Strategy Mapping BCCSAP is treated as a part of the overall development strategy of the country Constraints and opportunities are being integrated into the overall plan and program Included in the sixth five year plan Integrated monitoring and continuous evaluation National environment committee chaired by Prime Minister Focal point for all relevant sectoral ministries Wide range network involving NGO, CSO, Private sector, Mass media and International Actors in an inclusive man 6
Climate Finance Map in Bangladesh Domestic Resources (c75%) GoB Non Development Budget Alternative Flows Bangladesh Climate Change Trust Fund GoB Funded Development Budget OVERALL CLIMATE BUDGET Bilateral and Multilateral ADP Funds Foreign Resources (c25%) Bangladesh Climate Change Resilience Fund Alternative Flows GoB Annual Development Plan Strategic Programme For Climate Resilience Non GoB Delivery Mechanisms
BD Initiatives to Combat CC Impacts BCCTF Government has allocated US$ 350 million from 2009-2010, 2010-2011, 2011-2012 & 2012-2013 financial yrs. budget from own resources; 207 projects under CCTF is being implemented by different government agencies with a financial outlay of $ 238.9 million; Also approved 63 projects of different NGOs and private sectors with a financial outlay of $ 3.13 million. 8
BD Initiatives to Combat CC Impacts BCCRF Cont..) Total Allocation is $189 million but not exhausted Multipurpose Cyclone Shelter Construction Project BCCRF Secretariat Community Climate Change Project (NGO window) Agricultural Adaptation in Climatic Risk Prone Areas of Bangladesh Afforestation and Reforestation for Climate Change Risk Reduction in Coastal and Hilly Areas of Bangladesh Solar Irrigation Project Modern Food Storage Facility (Silos) 9
BCCSAP Thematic Review 100% Thematic Analysis BCCTF Approvals 90% 80% 70% 60% 50% 40% 30% 20% 10% Theme 6 Theme 5 Theme 4 Theme 3 Theme 2 Theme 1 Theme 1 - Food security, social protection and health Theme 2 Comprehensive disaster management Theme 3 - Infrastructure Theme 4 - Research and knowledge management Theme 5 - Mitigation and low carbon development Theme 6 - Capacity building and institutional 0% 1 All three mechanisms address all themes. Some evidence of specialisation. Case for strengthening focus of each mechanism?
Success under BCCTF Projects 15.4 kilometres of coastal sea dyke have been constructed. 6760 cyclone resilient houses have been erected. 142 kilometres of embankments have been built. 122 kilometres of river bank protective work have been completed. 535 kilometres of canals have been excavated/reexcavated. 44 water control infrastructures including regulators/sluice gates have been constructed. 11
Challenges Fund shortage and Inadequate facilities for further capacity development Insufficient baseline scenario due to lack of research and data bank 12
Way Forward Need Financial support Government s own Trust Fund and Donor s Resilience Fund Need effective utilization of resources To establish itself as a hub of knowledge management and research on climate change in Bangladesh 13
Thank You