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Solomon Islands climate change and disaster risk finance assessment: final report
The Solomon Islands Climate Change and Disaster Risk Finance Assessment was guided by the Pacific Climate Change Finance Assessment Framework (PCCFAF), which reviewed the climate change and disaster risk finance program of Solomon Islands against seven key pillars: (i) policies and plans, (ii) funding sources, (iii) public financial management and expenditure, (iv) institutions, (v) human capacity, (vi) gender and social inclusion, and (vii) development effectiveness. This report comes at an opportune time, as new climate financing mechanisms are operationalised and the international community works towards the commitment by developed countries to jointly mobilise USD 100 billion annually in climate finance from 2020. Nevertheless, this assessment is not just to facilitate improved access to climate change and disaster risk finance. More broadly, strengthening country systems will improve donor confidence to engage with Solomon Islands and catalyse the achievement of the sustainable development goals, which are linked to the national priorities of Solomon Islands as outlined in the National Development Strategy 2016–2035 (NDS).
The assessment has identified a number of recommendations for the Solomon Islands Government, which are summarised below and discussed in detail in the report. A draft Action Plan is also included, providing clear timeframes and suggested responsibilities for the implementation that is assigned to each recommendation. This is intended to assist the Solomon Islands Government in the progression of these recommendations, with the support of key partners.