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Integrating climate change into public investment processes

The issue of climate finance and in particular the reorientation of the public budget is key to the implementation of the NDCs.

To address these needs, the National Public Investment System (SNIP) will be strengthened to improve its alignment with the NDCs in Costa Rica as a pilot country. This will aim to promote the redirection of public resources to implement the country's NDC priorities. As part of the process of integrating the climate change component into the SNIP, a series of pilot activities will be implemented to test its approach and functioning. These activities include the adaptation of the information system, the development of project preparation guidelines and training sessions.

The main objective of the pilot application for the integration of the climate change component into Costa Rica's SNIP is to improve the capacity of EUROCLIMA+ partner countries to unlock new sources of climate financing.

Objectives

General Objective

Improve the capacity of EUROCLIMA+ partner countries to unlock new sources of climate financing

Specific Objective

Improve the capacities of Euroclima+ partner countries to reorient their National Public Investment Systems towards achieving their NDCs.

Expected Results

1
Integration of climate change considerations into the National Public Investment System (SNIP) to redirect public resources towards NDC achievement
2
Development of guidelines for the integration of climate change considerations into the design and evaluation of projects to be financed with public resources.

Participants

Implementation

GIZ

Partner Institutions

INCAE Business School

Countries