Pacific Cost-Benefit Analysis Initiative (P-CBA Initiative) Facilitating Resilient Development in the Pacific: Improving theStrengthening Capacity in the uUse of cCost-bBenefit analysis Analysis

Capacity building in cost-benefit analysis Increasing interest in cost benefit analysis (CBA) As evidence to donors To inform project design Complement/support/strengthen the EIA process Recent training in CBA as part of PACC project Jointly delivered by SPREP, GIZ, SPC, and UNDP Practical focus targeting economists and non-economists Ongoing requests for in-country training from PICs (e.g. Kiribati, Tuvalu, Vanuatu)

Lessons Training valued by PICs PACC CBA Conclusion Workshop recommendations: Maintain practical/applied focus for Gov officials In-country delivery of training (rather than regional/sub-regional) Longer technical backstopping to support ‘learning-by-doing’ Anchored to course/program at formal institution (USP) Evaluation report of capacity building components http://www.pacificclimatechange.net/components/com_booklibrary/ebooks/SPREP-PACC%20CBA%20report%20-%20FINAL-web.pdf

New Initiative – ‘P-CBA Initiative’ Strategic and comprehensive effort to enhance national capacity to analyse policies, projects and impacts Collaborative initiative: SPREP SPC GIZ USP PIFS UNDP

P-CBA Initiative development The basic structure of the P-CBA Initiative has been developed. A summary outline of the concept is provided at Attachment 1 of the background paper PICT input and feedback currently being sought Climate Change Finance Workshop (Nadi, June 2013) Background paper at FEMM (July 2013) Pacific Climate Change Roundtable (Nadi, July 2013) Bilaterals SPREP side-event on Thurs

Recommendation We seek the Meetings: Guidance on and endorsement of the proposed P-CBA Initiative; Request that Members submit an Expression of Interest (EOI) letter outlining the level and type of capacity building assistance in CBA Attachment 2 of the background paper outlines the basic information to be included in any EOI letters.