Photos from Doha side event on Climate Finance and Development Effectiveness
What is the Busan Partnership for Action on Climate Finance and Development Effectiveness?
The Busan Partnership for Action on Climate Finance and Development Effectiveness is a voluntary partnership to promote coherence and collaboration across climate change and development communities. Twenty seven countries and institutions are officially supporting the partnership, which aims to:
- Strengthen linkages between climate finance and national planning, budgeting and public financial management.
- Support regional platforms that promote lesson-learning across countries and policy areas.
- Share lessons across international policy processes, and pursue coherent approaches to the effective delivery of international finance based on common principles.
The partnership engages with country government officials (from ministries of finance, environment, climate change and planning), representatives from civil society, development partners and other climate change finance practitioners.
What has been achieved since Busan 2011?
Partners are already investing in analytical work, as well as regional and global dialogues on Climate Finance and Development Effectiveness.
Climate public expenditure and institutional reviews (CPEIR) have been carried out in Bangladesh, Cambodia, Morocco, Nepal, Philippines, Thailand and Samoa, with several others well underway in Africa and Latin America. These studies help countries to align national climate policies with national development policies and budgets. They also indicate that very significant levels of national spending are already contributing towards addressing climate change. In Nepal 6% of government spending is climate change related. In Samoa 15% of government spending is climate related
Regional dialogues have been organised in Africa, Asia-Pacific, Caribbean and Latin American leading to consensus and a 'Call for Action', Most recently, a CPEIR workshop in Bangkok brought together partner countries, donor agencies and international organisations, as well as stakeholders from Ministries of Finance, Planning and Environment to share country experience and lessons learned on the governance of Climate Finance and Development Effectiveness.
The partnership seeks to map and share ongoing work globally. A side meeting at Rio+20 in June presented the building block, with participants from Africa, Latin America and Asia to review some of the initiatives underway. In the margins of the final Working Party on Aid Effectiveness meeting in Paris, African supporters also met to identify potential volunteers for a mapping study in Africa.
Who is in the partnership?
As of November 2012, 27 countries and institutions are supporting this partnership.