Climate Finance Assessment Framework

Halitesh Datt, Fiji TV

5 July, 2013, Nadi, Fiji - In order to assess the challenges and some of the issues that Pacific Island Countries are facing in climate financing, the Pacific Islands Forum has come up with a Climate Finance Assessment Framework.

In 2010 Forum leaders proposed to look at options to improve access to and management of climate finance in the region.

This involved a broad assessment of challenges, sources, interaction between climate finance and development.

This framework has already been applied in Nauru with positive results.

 Coral Pasisi - Regional and International Issue Advisor - PIF'S

There are six dimensions of this framework that came out of Nauru and can be applied to all the countries.

These are Assessing the available sources of finance, looking at policy framework, institutional capacity and arrangement, public financial management and expenditure, human capacity assistance and development effectiveness.

Pasisi says this framework gives Pacific countries a better understanding of its own context of climate financing.