Case Study for Stakeholder Engagement in Preparing Investment Plans for the Climate Investment Funds
In 2008 the multilateral development banks (MDBs) and a group of donor countries developed the concept of climate investment funds (CIF) providing support to developing countries to initiate transformational change toward low-carbon and climate-resilient development. The focus of the funding is on investment with the opportunity to blend resources from the CIF, MDBs, govern-ment, and the private sector. The first step in gaining access to funding is the preparation of a countryinvestment plan. The investment plan, developed under the leadership of the government and withsupport from the MDBs, is a multiyear proposal identifying how CIF resources together with cofi-nancing will support the country’s existing development strategies.
Cambodia consultations for the PPCR were carried out in the spirit of CIF and ADB guidanceand had a positive impact on climate change awareness and government leadership in the process.The unanticipated withdrawal of the World Bank from leadership of the process had some negativeconsequences, but ultimately consultations resulted in a strong Strategic Program for ClimateResilience (SPCR), with some innovative components. The consultations revealed some of thelimitations of the mission-based approach, which tended to reinforce the perception that processes were MDB driven. A more strategic approach to communications and continuity of information flows would have enhanced the consultation process. Keep reading..
