Strengthening M&E for Climate FinancingApr 30, 2015
UNDP has supported the development of a monitoring and evaluation system for Ethiopia’s Climate Resilient Green Economy (CRGE) Facility.
The facility, hosted in the Ministry of Finance and Economic Development (MoFED) helps Ethiopia mobilise and allocate climate finance, coordinate stakeholders and unlock capital for the implementation of programmes that contribute to achievement of the country’s CRGE vision.
Ethiopia launched its CRGE strategy in 2011, requiring USD 150 billion for implementation, to help the country be resilient to climate shocks and attain a carbon neutral economy by 2025. The CRGE strategy calls for a robust monitoring and evaluation system that is capable of tracking meaningful progress toward development. The system is expected to be reviewed regularly taking into experiences lessons from the use of performance indicators to capture climate resilient and low carbon development and ability to fully meet reporting requirements.
The CRGE Facility M& E system has undergone a successful validation workshop on 30th April 2015 in Addis Ababa following substantial input from the CRGE sectors (Ministry of transport, Ministry of Urban Development, Housing and Construction, Ministry of Agriculture, Ministry of Industry, Ministry of Environment and Forest and MoFED) as well as the National Planning Commission and Central Statistical Agency. Development partners, such as DFID, Norway, Denmark and the World Bank also took part in consultative meetings and provided their inputs.
UNDP is helping build the capacity of MoFED and the CRGE sectors at systemic, institutional and organizational levels in order to enhance the implementation of the CRGE strategy.