Regional : Achieving Climate Change Objectives through Public Financial Management Reforms

Sovereign Project | 57091-001

The regional knowledge and support technical assistance (KSTA) aims to assess and improve the fiscal and public financial management (PFM) systems of Developing Member Countries (DMCs), in CWRD region, to align with their climate objectives and Paris Agreement commitments. The KSTA will provide technical assistance to, update PFM-related legal frameworks, preparation of climate focused budgets, monitor adaptation and mitigation expenses, oversee green public investments, and improve fiscal accounting, reporting, and auditing functions. These reforms will enable DMCs to generate additional fiscal resources, effectively manage climate-related fiscal risks and improve fiscal governance.

Project Details

  • Project Officer
    Israr, Anjum
    Sectors Group
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Public sector management
Project Name Achieving Climate Change Objectives through Public Financial Management Reforms
Project Number 57091-001
Country / Economy Regional
Armenia
Azerbaijan
Georgia
Kazakhstan
Kyrgyz Republic
Pakistan
Tajikistan
Turkmenistan
Uzbekistan
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 10159-REG: Achieving Climate Objectives through Fiscal and Public Financial Management (PFM) Reforms
Republic of Korea e-Asia and Knowledge Partnership Fund US$ 500,000.00
TA 10159-REG: Achieving Climate Change Objectives through Public Financial Management Reforms
Technical Assistance Special Fund US$ 1.00 million
Operational Priorities OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Public sector management / Public expenditure and fiscal management

Gender No gender elements
Description The regional knowledge and support technical assistance (KSTA) aims to assess and improve the fiscal and public financial management (PFM) systems of Developing Member Countries (DMCs), in CWRD region, to align with their climate objectives and Paris Agreement commitments. The KSTA will provide technical assistance to, update PFM-related legal frameworks, preparation of climate focused budgets, monitor adaptation and mitigation expenses, oversee green public investments, and improve fiscal accounting, reporting, and auditing functions. These reforms will enable DMCs to generate additional fiscal resources, effectively manage climate-related fiscal risks and improve fiscal governance.
Project Rationale and Linkage to Country/Regional Strategy

The Asia and Pacific region, with most of the world's population and economic growth, is disproportionately affected by climate-induced disasters, leading to an annual loss of $675 billion and claiming 43,000 lives on average due to storms, floods, and landslides. Recent disasters, such as floods in Pakistan, typhoons in the Philippines, and heatwaves in India, have exacerbated the situation. As the region is responsible for half of the world's carbon dioxide emissions, it is highly vulnerable to climate change's adverse effects.

Air temperatures are rising at a faster rate in this region, which threatens agricultural productivity, and rising sea levels put the 2.4 billion people living in low-lying areas at risk by mid-century. Even a slight increase in global temperature between 1.5C and 2.0C can have severe consequences for the Asia and Pacific region. It is therefore, critical to take immediate and concerted action to mitigate the effects of climate change in this region and beyond. Evidence that such disasters will increase in frequency, intensity, and severity is growing.

Accelerating efforts to reduce greenhouse gas emissions and ramping up adaptation and mitigation measures to address the impacts of climate change is crucial for the international community. The report from the Intergovernmental panel on Climate Change (IPCC) warns that even under low emission scenarios, the world will face severe climate risks before the end of the century. Therefore, it is imperative to develop ambitious mitigation and adaptation plans to effectively manage risks associated with climate change.

Impact

The countries' nationally determined contributions and ADB's Strategy 2030 Operational Priorities.

Project Outcome
Description of Outcome

Climate responsive PFM Reforms contributing to achieve climate change related targets in selective countries.

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Identifying and supporting reforms in consultation with selective DMCs to align PFM systems with the country's national climate objectives.

Capacity Development and Knowledge products about climate-sensitive PFM reforms produced and disseminated.

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Armenia - Nation-wide; Azerbaijan - Nation-wide; Georgia - Nation-wide; Kazakhstan - Nation-wide; Kyrgyz Republic - Nation-wide; Pakistan - Nation-wide; Tajikistan - Nation-wide; Turkmenistan - Nation-wide; Uzbekistan - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Israr, Anjum
Responsible ADB Department Sectors Group
Responsible ADB Division Public Sector Management and Governance Sector Office (SG-PSMG)
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance 18 Sep 2023
Fact Finding -
MRM -
Approval 16 Oct 2023
Last Review Mission -
Last PDS Update 17 Oct 2023

TA 10159-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
16 Oct 2023 - 16 Oct 2023 30 Sep 2025 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,000,000.00 500,000.00 0.00 0.00 0.00 0.00 1,500,000.00 07 May 2024 88,601.71

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Title Document Type Document Date
Achieving Climate Change Objectives through Public Financial Management Reforms: Technical Assistance Report Technical Assistance Reports Oct 2023

Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.

Tenders

Tender Title Type Status Posting Date Deadline
National Consultant to Perform Climate-Public Finance Integration- Rapid Assessment Methodology (CP-RAM) in Tajikistan Individual - Consulting Active
Development of a Guide on the Role of Supreme Audit Institutions (SAIs) towards Achieving Climate Objectives Individual - Consulting Active

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.