Strengthening Lao PDR’s Institutional Capacity and Strategic Frameworks to Boost Access to Climate Finance and Investment in Climate Action

Strengthening Lao PDR’s Institutional Capacity and Strategic Frameworks to Boost Access to Climate Finance and Investment in Climate Action
The goal of this Readiness proposal is “Lao PDR has the institutional capacity to design, implement and partly finance, low emissions and climate resilient projects aligned with its global commitments. This goal will be achieved through the following objectives, in line with GCF Readiness and Preparatory support results framework:
Objective 1 – Capacity building: To enhance NDA and Ministries capacity to design and implement GCF projects and streamline climate data collection, analysis, and information sharing systems.
Objective 2 – Strategic Frameworks: To undertake a comprehensive Readiness Needs Assessment, update the GCF Country Programme and develop new financial mechanisms for investment in climate action.
Objective 4 – Pipeline development: To further develop a concept note in the Country Programme and studies for the Funding Proposal while building capacity of the Environment Protection Fund as its potential DAE.
Objective 5 - Knowledge sharing and learning: To support NDA and line ministries to learn from other countries, prepare and disseminate knowledge products on GCF programming and develop new financial mechanisms for sustainable investment in climate action.