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Climate Investment Programme : Operational Framework for Managing and Accessing Climate Finance in the Kyrgyz Republic (English)

International climate finance is being scaled up significantly in line with international climate change negotiations, most notably with the 21st Conference of the Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) in December 2015. The scale of this finance is creating opportunities for recipient countries to undertake transformative investments in climate resilience for priority socio-economic sectors, improved infrastructure and private sector growth. The Green Climate Fund (GCF) is expected to become one of the largest and most certain multilateral financing mechanisms for climate action in developing countries globally and for the Kyrgyz Republic. There is already strong competition among developing countries for climate finance. In light of this, it is essential that the Kyrgyz Republic is well positioned with the capacity to meet climate funds’ requirements, most notably the Green Climate Fund.In May 2015, the Kyrgyz Republic received a technical assistance grant of USD 1.5 million from the Climate Investment Funds’ Pilot Programme for Climate Resilience (CIF PPCR) to develop a strategic climate investment planning framework, the ‘Climate Investment Programme’, and to establish a well-functioning and effective Climate Finance Coordination Mechanism, including a Climate Finance Secretariat which is referred to as the Climate Finance Center (CFC), supporting mainstreaming of climate change considerations into sustainable development planning and align the country’s efforts with international requirements regarding climate finance. This document is designed to support the Government of the Kyrgyz Republic in attracting resources through international climate finance mechanisms to implement investment programmes in the field of climate change resilience in priority sectors. This document also sets out an institutional mechanism for the coordination of climate finance in the country. This document will serve as a basis for the development of the National Adaptation Programme and Strategic Priorities of Low-carbon Development - the Green Economy, which will meet the requirements of the Paris Agreement.

Details

  • Document Date

    2018/05/01

  • Document Type

    Report

  • Report Number

    137127

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Kyrgyz Republic,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2019/05/23

  • Disclosure Status

    Disclosed

  • Doc Name

    Climate Investment Programme : Operational Framework for Managing and Accessing Climate Finance in the Kyrgyz Republic

  • Keywords

    Pilot Program for Climate Resilience; climate finance; Combined Heat and Power Plant; economics of climate change; Climate Risk; impact of climate change; water resource; vulnerability to climate risks; transmission and distribution network; climate change adaptation; effect of climate change; Food Security and Nutrition; water availability for irrigation; international climate change negotiations; resilience to climate change; Management of Natural Resources; consequence of climate change; Cultural heritage and development; Adaptation to Climate Change; implications of climate change; small and medium enterprise; annual population growth rate; global greenhouse gas emission; extreme weather event; climate change impact; municipal water supply; Agriculture; emergency situation; rural area; improve water resource; Disaster Risk Reduction; national poverty line; flood; improving food security; climate change risk; availability of water; high poverty rate; private sector stakeholder; world food programme; climate resilient development; average annual temperature; impacts on society; Energy and Mining; Climate Finance Mechanisms

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Citation

Climate Investment Programme : Operational Framework for Managing and Accessing Climate Finance in the Kyrgyz Republic (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/788321558682372895/Climate-Investment-Programme-Operational-Framework-for-Managing-and-Accessing-Climate-Finance-in-the-Kyrgyz-Republic