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.