To progress towards more robust natural resource governance and more inclusive economic development, Madagascar is developing PPCR and SREP investment plans to support national efforts to strengthen climate resilience, reduce vulnerabilities, and increase energy access through renewables.
Source: World Bank
Madagascar is working with the CIF to address poverty alleviation and economic expansion while protecting its rich natural capital. Madagascar’s SREP investment plan will focus on the specific institutional, financial, and economic barriers to scaling up renewable energy.
Its strategic program for climate resilience under the PPCR will address Madagascar’s specific vulnerabilities by strengthening institutional capacity, channeling public investments towards infrastructure, and working with the agriculture sector to fortify food and livelihood security.
The fourth largest island in the world and one of the 25 biological "hotspot" countries
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.