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Thursday, April 25, 2024

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Capacity-Building Workshop On Preparing Projects To Access Climate Finance

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A capacity-building workshop on preparing bankable projects to access climate finance opened, this morning, at Caudan Arts Centre, Port Louis, in the presence of the Minister of Environment, Solid Waste Management and Climate Change, Mr Kavydass Ramano.

The aim of the workshop is to strengthen institutional capacities to mobilise funds from international donors for the implementation of the updated Nationally Determined Contribution (NDC) 2021. Experts from the international consulting firm, Agrer, who are currently fielding a mission in Mauritius under the Mauritius Green Climate Fund (GCF) Readiness and Preparatory Support Programme at the level of the Ministry of Finance, Economic Planning and Development, are the resource persons for the capacity-building workshop. Participants are being sensitised on GCF procedures, funding mechanism as well as project conceptualisation and formulation.

Capacity-Building Workshop On Preparing Projects To Access Climate Finance

In his address, Minister Ramano recalled that since February this year, the consultants have initiated a series of consultation and training sessions and that the present workshop aims at providing all stakeholders with the required information on the operational modalities, terminologies and different templates used under the GCF. This capacity building exercise is therefore crucial since poor understanding of the evaluation criteria of funding agencies may result in rendering the processes lengthier and often jeopardise its retention, he added.

Capacity-Building Workshop On Preparing Projects To Access Climate Finance

Speaking about the NDC 2021, he pointed out that Mauritius has taken the commitment at global level to reduce 40% greenhouse gas emission by 2030. The total financial needs, he said, for implementing the NDC measures are estimated at USD 6.5 billion with USD 4.5 billion for adaptation and USD 2 billion for mitigation. He affirmed that despite the challenging economic situation, the Government has taken the commitment to provide an unconditional support for the implementation of its NDC of 35% share of the total financial needs of USD 6.5 billion amounting to USD 2.3 billion.

As regards the climate issue in Mauritius, he noted that the country has been experiencing more and more extreme weather events during the past years namely torrential rains, flash floods, storm surges, heat stress, and late winter and summer seasons. Our average temperature rises of 1.39 degree Celsius and sea level rise of 5.6 millimetres per year have exceeded the global averages, he stated.

Capacity-Building Workshop On Preparing Projects To Access Climate Finance

The Environment Minister underlined that based on these findings, the Inter-Ministerial Council on Climate Change held on 28 September 2021, chaired by the Prime Minister, took the decision for Mauritius to join the countries which are in a state of climate emergency. Against this bleak background, a green recovery, based on sustainable development and self-sufficiency, is critical, he concluded.

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