host for the Secretariat. Indicator Baseline Targets Source of Risks and verification Assumptions End of Project 1. Development of a National 1. There is no national strategy on 1. TARGET: Creation 1. Review of the ASSUMPTION: Outcome 1 Climate Change Strategy to how to approach the challenge of of a National Climate NCC Strategy. Institutions have the Institutional guide the NCCC on climate change, how to coordinate Change Strategy will and ability to capacities for appropriate coordination climate change-related projects, or informed by dynamic Review of engage in coordinated, mechanisms and diversified, how to prioritise adaptation modelling results adaptation coordinated climate-resilient financing strategies to support activities based on their which guides the projects/programmes planning to planning adaptation-related activities in benefits and impacts. The work and and their uptake into mitigate potential NCCC’s strengthened. the long-term. country has no expertise in provides strategic the NCC Strategy. climate change or adaptation economics coherence to climate risks. Mechanisms and a which can support dynamic change initiatives in de-risked modelling. Djibouti. ASSUMPTION: investment Relevant Ministries environment 1. BASELINE: A National Climate have an interest in established to Change Strategy does not exist in fully integrating catalyse finance for Djibouti. adaptation strategies climate change into their long-term adaptation. planning. ASSUMPTION: 2. Review of the The Government of 2. TARGET: 2. Development of a roadmap 2. Current Government funds are roadmap on how to Roadmap defining Djibouti has outlining how to establish and used to address extreme short-term establish and sufficient incentive how to establish and capitalise a Fund for the challenges such as poverty and capitalize an to design a Fund for capitalise a National Environment and Climate malnutrition. The Government Environment and the Environment Environment and Change. often finds it difficult to justify the Climate Change and Climate Change Climate Change Fund allocation of scarce fiscal revenues Fund. which can be which supports to longer-term needs. As a result, effectively targeted climate-smart existing budget plans (excluding towards adaptation activities donor support) do not have activities in a for rural and urban financing mechanisms which transparent manner populations in the target activities, projects or long-term and which with appropriate programmes that build resilience to financial supports ongoing and climate change. In addition, in spite management. future climate of the fact that there are more than resilience projects. 50 international public funds and RISK: 6,000 private equity funds
host for the Secretariat. Indicator Baseline Targets End of Project Source of verification Risks and Assumptions Outcome 1 Institutional capacities for coordinated, climate-resilient planning strengthened. Mechanisms and a de-risked investment environment established to catalyse finance for climate change adaptation. 1. Development of a National Climate Change Strategy to guide the NCCC on appropriate coordination mechanisms and diversified, financing strategies to support adaptation-related activities in the long-term. 2. Development of a roadmap outlining how to establish and capitalise a Fund for the Environment and Climate Change. 1. There is no national strategy on how to approach the challenge of climate change, how to coordinate climate change-related projects, or how to prioritise adaptation activities based on their benefits and impacts. The country has no expertise in or adaptation economics which can support dynamic modelling. 1. BASELINE: A National Climate Change Strategy does not exist in Djibouti. 2. Current Government funds are used to address extreme short-term challenges such as poverty and malnutrition. The Government often finds it difficult to justify the allocation of scarce fiscal revenues to longer-term needs. As a result, existing budget plans (excluding donor support) do not have financing mechanisms which target activities, projects or programmes that build resilience to climate change. In addition, in spite of the fact that there are more than 50 international public funds and 6,000 private equity funds 1. TARGET: Creation of a National Climate Change Strategy informed by dynamic modelling results which guides the NCCC’s work and provides strategic coherence to climate change initiatives in Djibouti. 2. TARGET: Roadmap defining how to establish and capitalise a National Environment and Climate Change Fund which supports climate-smart adaptation activities for rural and urban populations in the long-term and which supports ongoing and future climate resilience projects. 1. Review of the NCC Strategy. Review of adaptation projects/programmes and their uptake into the NCC Strategy. 2. Review of the roadmap on how to establish and capitalize an Environment and Climate Change Fund. ASSUMPTION: Institutions have the will and ability to engage in coordinated planning to mitigate potential climate change risks. ASSUMPTION: Relevant Ministries have an interest in fully integrating adaptation strategies into their long-term planning. ASSUMPTION: The Government of Djibouti has sufficient incentive to design a Fund for the Environment and Climate Change which can be effectively targeted towards activities in a transparent manner with appropriate financial management. RISK:
PIMS%205189%20-%20LDCF%20-%20Djibouti%20-%20Supporting%20mountain%20rural%20community%20adaptation%20-%20ProDoc%20-%20Final%20-%20cleared%20by%20finance.docx