At a Glance
|Start Date||Q1 2017|
|Approved Budget||USD 1 454 000|
Developed by the Climate Change Commission (CCC), PSF is a national mechanism established to support implementation of climate change adaptation interventions that aim to respond to the National Framework Strategy on Climate Change (NFSCC) and the National Climate Change Action Plan (NCCAP). The NCCAP highlights the important roles of LGUs in serving as frontline agencies in the formulation, planning, and implementation of climate change action plans.
The PSF is a special fund under the National Treasury. Capitalized at approximately $25 million annually, the PSF intends to finance climate change adaptation projects proposed by LGUs and government-accredited local community organizations. Specifically, the PSF will address funding gaps for climate adaptation projects that are aligned to the national/local climate change adaption-disaster risk reduction (CCA-DRR) development plans and national/local action plans and strategic frameworks.
While the PSF serves as an attractive grant facility, the PSF Secretariat continues to face challenges in operationalizing the Fund and in ensuring that its requirements do not disadvantage the poorer LGUs, who are in dire need of financing and technical support. Continued technical assistance is necessary to strengthen the capacity of the PSF Secretariat in executing the mandate of the Fund, as well as the ability of LGUs to develop and submit proposals that would meet the processing requirements of the PSF and other similar climate financing facilities.
Building on 2015-16 Work
The project will continue to build on GGGI’s ongoing scoping work and will lead to a Rapid Assessment of the overall PSF operation. The assessment will provide the overarching framework on the succeeding activities of the PSF’s work, but is not limited to the PSF Secretariat, PSF Board, and the Technical Evaluation Committee, in order to identify existing institutional gaps and challenges that need to be addressed to improve the PSF’s operationalization. The results of the Rapid Assessment will also define and provide a stronger basis for the design of technical assistance activities. GGGI will further determine concrete activities and PSF interventions in relation to other development partners upon completion of the preparatory studies and activities to be delivered under the scoping work.
PROJECT OUTPUTS FOR 2017-18:
- Development of a Capacity Development Plan and Monitoring and Evaluation system to strengthen the operationalization of the People’s Survival Fund
- Enhance Proponent’s Handbook and tailored People’s Survival Fund project development manuals for local government and community organizations
- Support the development and submission of at least 2 project proposals for green infrastructure projects aligned with the findings of CRGG analysis and submit it for potential funding to the People’s Survival Fund
- Identification and development of bankable green infrastructure projects related to green cities or other sectors identified under the CRGG Strategies and analysis
PROJECT OUTCOMES FOR 2017-18:
- Number of funding proposals submitted to the People’s Survival Fund is increased by at least 30% compared to the start of 2016
- Financing is mobilized for CRGG priorities identified from provincial CRGG analyses
The overall outcome of the project is to improve the operational capacity of the PSF, particularly the Secretariat’s ability to manage, deploy, and track progress of the climate resources channeled through the Fund. Adaptation projects and activities identified through the CRGG Planning Project could potentially be submitted to the PSF for funding, as the PSF is aimed at financing climate change adaptation projects proposed by LGUs and government-accredited local community organizations to supplement the internal revenue allotment of LGUs for climate-change-related programs and projects. Possible projects to be funded by the PSF should be aligned with the national or local climate change adaption-disaster risk reduction (CCADRR) development plans, vulnerability and risk assessments, and national or local strategic frameworks.
The project will provide the necessary support to assist the LGUs in project identification and development, and in complying with the processing requirements of the PSF and other similar climate financing facilities. This is due to poorer LGUs being relatively behind in terms of capacity to satisfy the technical conditions and requirements of the PSF. Further, the project will place an emphasis on supporting LGUs and communities in the preparation of socio-economically viable projects on climate change adaptation.
The project will achieve this through the delivery of the following outputs:
A capacity development plan to strengthen the operationalization of the People’s Survival Fund developed and implemented. Based on the results of the Rapid Assessment42 to be completed in 2016, GGGI will develop an institutional capacity development plan and provide training to the PSF Secretariat, and other relevant stakeholders. A credible monitoring and evaluation system for the PSF’s operations will also be a key focus in the capacity development plan in order to equip the Secretariat to monitor, evaluate, track progress, and chart appropriate interventions in relation to the Fund’s operations. This will also boost the accountability of the beneficiaries and other stakeholders of the PSF.
A handbook to support the development of project proposals for potential funding by the People’s Survival Fund developed and submitted. GGGI will support the development and enhancement of the Proponent’s Handbook, particularly in the areas of eligibility and requirements for financing application, project development, and other related information.
This will also include developing tailored PSF project development manuals that will serve as a resource tool, alongside the Proponent’s Handbook, for LGUs.
At least two project proposals developed and submitted for potential PSF funding. GGGI will provide technical support to prepare at least two project proposals for PSF funding. This will be aligned with the findings of the CRGG analysis. To ensure the long-term sustainability and efficacy of the PSF, GGGI will also facilitate partnerships between the PSF and relevant training institutions on “how to access the PSF”. This will include utilizing the enhanced Proponent’s Handbook and tailored project development manual.
At least two bankable projects in energy or other sectors identified and developed for PSF funding. GGGI through the Green Investment Services unit will provide technical support in developing bankable proposals based on the priority projects and activities identified in the Provincial CRGG Strategies. The assistance will come in the form of conducting a pre-feasibility studies and development of business case in order to access relevant funding entities aside from the PSF.
In addition to the outputs identified above, GGGI will establish a systematic link between PSF and GCF for resource mobilization purposes. This will be covered under the global initiative for NFVs. For further details, see project briefing on NFV.
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|Start Date||Q1 2017|
|Approved Budget||USD 1 485 000|
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