RFP/CFN/2402/12 Institutionalize & integrate climate change into national plan (Албания - Тендер #51891783)

Institutionalize and integrate climate change into national planning and budgeting in Sri Lanka.

A climate finance framework would facilitate the Government to navigate within the present crisis and support the Government to deliver a coherent response to climate change by clearly identifying climate financing needs and the financing gap, looking at innovative climate financing mechanisms to bridge this gap. Conducting Climate Public Expenditure and Institutional Review (CPEIR) and Climate Budget Tagging (CBT) are essential foundational blocks to access innovative financing, as they serve as transparency and tracking tools to identify baselines and further utilize in tracking the progress of KPIs. The CPEIR will also help to identify gaps in the financial architecture, this process shall be carried out every few years to support the Government in tracking progress. Against this backdrop, this assignment will conduct a CPEIR for Sri Lanka to ascertain Sri Lanka’s investments in climate change, engaging with national and sub-national government agencies and further conduct a scoping exercise on CBT.