Beschreibung der Beschaffung
The Paris Agreement recognizes the importance of reorienting financial flows to a level consistent with a trajectory leading to resilient, low-emission development. This implies that climate commitments require the involvement of all stakeholders.
In this sense, it can be noticed that the private sector is increasingly a key actor of climate finance, as well as strategic governmental bodies, such as the ministries of finance or planning which manage economic, fiscal, and financial risks associated with extreme weather events and climate change, lead the challenges of the transition to low economies in carbon emissions and reorient public finances to contribute to national resilience and decarbonization objectives.
Honduras presents its NDC update in 2021. Despite all the mitigation and adaptation actions that are presented, there are still a series of needs and challenges in the country for the identification, prioritization, and implementation of appropriate measures, linked to the themes: financial, capacity building, institutional and technical assistance.
In response to global trends, strategic actors such as the Ministry of Finance (SEFIN) are also joining the efforts in Honduras. SEFIN has been working on tools aimed at risk management and climate budget tagging. Likewise, the private sector has begun to promote a transformation through circular economy approaches and a strategy for sustainable companies. The above is a clear example of a willingness on the part of various sectors to contribute to the climate agenda and particularly regarding its financing.
The advisory services required are aimed at strengthening public planning of climate change adaptation and mitigation and improving public, private and international climate finance approaches in Honduras. The services contribute to two of the three components of the ProAgenda project. These components are 1) Intersectoral planning and dialogue, as well as; 2) Climate finance.
There is a strategic relationship between these two components of work within the framework of the project. In this sense, it is essential that climate finance is addressed with a national planning approach.
The services are divided in four work packages to be implemented in approximately thirteen months, as follows:
Design of the coordination mechanism for inter-institutional planning on climate change.
The objective of the development of this package is to integrate climate change adaptation and mitigation measures in institutional planning processes. This will help lay the groundwork for shared, climate action-oriented governance. It includes a brief analysis of the current integration of climate change in the country's planning processes, the definition of suitable methodologies based on best practices. The design should be piloted with selected sectoral entities, to consolidate a coordination mechanism for inter-institutional planning.
Development of a digital method of climate proofing in the budget and public investment program.
This work package supports the development of a digital method to analyze, guide and review how public investment and the general budget of revenues and expenses address climate change (adaptation and mitigation). The analysis of current capacities is, as well as institutional needs should be developed, followed by a prioritization of instruments, to finally design and agree on a method that includes a piloting with the participation of selected sectoral public entities.
Institutional strengthening in SEFIN for the management of climate finance
The aim of this work package is to develop the processes required to promote an institutional space that allows to accompany the method established under work package 2 and the management of international climate finance in the country. The development of a plan to strengthen institutional capacities on climate finance is foreseen based on a previous gap analysis to finally support the consolidation of a unit within SEFIN that manages climate finance and advises the other institutions of the public sector in the application of the climate proofing approach.
Climate finance strategy for the private sector
The objective is to develop a participatory strategy that provides guidance and shows how the private sector can mobilize financing for climate change mitigation and adaptation. For this, the creation of a space for consultation is foreseen that brings together the relevant actors, a space from which the scope of the strategy is agreed based on an initial proposal. A barrier analysis might also be included and a prioritization of innovative private climate finance instruments.