CLIMATE FINANCE: BUDGET CODING, TRACKING AND REPORTING
BACKGROUND
African countries are parties to the United Nations Framework Convention on Climate Change (UNFCCC), its Kyoto Protocol, and the Paris Agreement. Over the past five years, considerable efforts have been made to mainstream climate change considerations into the country’s plans, policies, strategies, projects and programmes. These documents include Climate Change Response Strategies, Climate Change Framework Policies; Climate Finance Policies; the Green Economy and Green Investment Strategies and Implementation Plans; and the Climate Change legislation and related regulations. These documents provide a regulatory framework for an enhanced response to climate change and mechanisms and measures to achieve low-carbon, climate-resilient development. They lay the groundwork for Africa’s Nationally Determined Contribution under the Paris Agreement.
Further, they enable mechanisms for mobilizing, tracking and reporting on climate finance. Africa’s economies are highly dependent on their natural resource base. This makes them highly vulnerable to climate change and threatens their Agenda 2063 goal to create a globally competitive and prosperous continent with a high quality of life. Addressing climate change requires us to transform our economy by integrating climate change into development policies and actions across multiple sectors. This will lower greenhouse gas emissions, reduce our vulnerability to climate shocks and deliver poverty reduction gains. Taking action to adapt to and mitigate climate change is in our national interest.
Climate finance is an important enabling aspect of our efforts to address climate change. The Paris Agreement sets a goal of mobilizing USD 100 billion per year by 2020 to support mitigation and adaptation activities in developing countries. Significant financial resources from the public and private sectors are expected to be channeled towards climate action. If our countries are to take advantage of these opportunities, the proper institutional and financial mechanisms must be in place so that resources are directed efficiently toward national climate and development priorities. This is the context in which we have developed this National Policy on Climate Finance.
TRAINING OBJECTIVE
The objective of this training on climate finance for state and non-state actors is to improve their ability to mobilize and effectively manage and track adequate and predictable climate change finance from public and private sources. The training will introduce the learners to climate change and present the historical background of climate financing, sources and the governance structure of climate finance. It will further elaborate the process of planning, budgeting and reporting on climate financing at the sector level, as well as costing for climate change in government programmes and/or projects. It will then dive deep into the climate finance codes used under the Standard Chart of Accounts (SCOA) and their applicability within the Integrated Financial Management Information System (IFMIS) system.
DURATION AND PROGRAM
The workshop will be held in seven (7) days inclusive of fieldwork to the National Treasury.
TARGET PARTICIPANTS AND FEES
This training and professional development course may be of interest to participants from the government, private sector, NGOs, academia and communities. The entire course will be availed for USD 2000. The training fee covers tuition fees, training materials, lunch, training venue, field trip and certificate.
TRAINING STYLE
The modules will be taught through PowerPoint presentations, and lectures and will include a case study/field visit, breakout sessions, case studies and other interactive discussion components.
The course will also include a few guest speakers, both in person and via Zoom and other online learning platforms for overseas speakers. This provides useful real-world insights alongside the more theoretical aspects of the course.
The teaching faculty shall consist of experienced decision makers, as well as practitioners and representatives from established educational and research institutions active around climate change, engineering and international development. Throughout the course, theoretical presentation of concepts will be moderated and more group discussions and plenary engagements will be optimized. Powerpoint presentations will be made by facilitators and resource persons, to highlight key concepts before embarking on group work.
TRAINING MODULES
The handbook is organized into four modules. Module one introduces the learner to climate change in general, important terminology and highlights, and practical adaptation and mitigation actions. Module two presents the historical background of climate financing and discusses in detail the sources and governance structure of climate finance. Module three provides a detailed review of the process of budgeting for climate change at the sector level and how to cost for climate change in government programmes and/or projects. It also identifies the entry points for mainstreaming climate financing in the government planning and budgeting process. Module four focuses on the climate finance codes used under the Standard Chart of Accounts and applicable under the IFMIS system used in African countries. It also describes the mechanism and procedures to track and report climate-relevant expenditures during budget implementation and financial reporting for the government and non-state actors.
|
No |
Module |
Details |
|
|
MODULE ONE: Introduction to Climate Change |
This module introduces the learner to the basics of climate change, terminology, causes, impacts and measures to address the causes and impacts. Specific objectives include:
|
||
|
MODULE TWO: Climate Financing |
This module explains climate financing and its evolution, sources, channels and importance in facilitating climate actions in Africa. Specific objectives include:
|
||
|
MODULE THREE: Climate Budgeting and Costing |
This module introduces the concepts of climate budgeting and costing. Climate budgeting refers to a process by which public funds can be mobilized and aligned for climate change actions. This involves an accounting of the budgetary measures taken by the national or county governments to support climate change and related actions and will include details of the amounts that Africa is investing annually in climate change. Climate costing is the proposed or estimated cost of producing or undertaking climate adaptation and mitigation activities. Specific objectives include:
|
||
|
MODULE FOUR Coding and Tracking |
This module focuses on the methodology for tracking climate-relevant expenditures using climate budget codes embedded in the Integrated Financial Management and Information System (IFMIS) and other financial management systems. By the end of the training, learners should understand:
|
||
GENERAL NOTES
- Training manuals and additional reference materials are provided to the participants.
- Upon successful completion of this course, participants will be issued with a certificate.
- We can also do this as a tailor-made course to meet organization-wide needs. Contact us to find out more: info@ecasiafrica.org.
- Payment should be sent to our bank account before the start of training and proof of payment sent to: info@ecasiafrica.org.
ABOUT ECAS INSTITUTE
The ECAS Institute designs and delivers independent and targeted training, research, and consulting services. Our work focuses on climate change and resilience building, carbon markets, renewable energy, nature-based solutions, biodiversity conservation, agriculture and food systems. We are located in Nairobi Kenya and work across the African region. We have implemented training and research assignments in Kenya, Tanzania, Uganda, South Sudan, Somalia, Malawi, Rwanda, Congo, and South Africa. Globally, we have supported our partners from the UK, Denmark, Italy, Sweden, Germany, and USA.