Bhutan is developing a strategic program for climate resilience under the PPCR to support national efforts to integrate climate change into policy planning, build resilience in farming communities, and mitigate flooding and other risks associated with glacier melt.
Source: World Bank
According to Namgay Dorji, Finance Minister of the Royal Government of Bhutan, “The [PPCR] process will be used as a foundation to provide inputs in the 12th Five-Year Plan and help in translating the Intended Nationally Determined Contributions (INDC) into action.
It will also examine the potential, merits, criteria and mechanisms for Bhutan to access, combine, and leverage climate finance opportunities to support a long-term series of transformational investments.”
Nearly 70% of the population lives in rural areas and relies on agriculture for their livelihood
The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together, they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.