Preparing the Ground for Climate Finance Readiness in the Philippines PANEL 2: Operationalizing the PSF Enhancing the way we confront climate change Inside the People’s Survival Fund

Broad stroke Direct Access Social Justice Ownership & coherence Mutual accountability Fine print Context beneath the text Creating the precedence to establish effective climate finance mechanisms in the Philippines

The People’s Survival Fund A domestic “rewards fund” aimed at addressing urgent adaptation needs To finance adaptation programs and projects that are directly supportive of the objectives enumerated in the Climate Change Action Plans of local government units and communities

Multi-sectoral NGOs LEGISLATIVE CHAMPIONS LGUs People’s Organizations Media

The People’s Survival Fund Intended to mainstreaming climate change at the local level

It’s a plumbing job.

Principles PSF

ADAPTATION-FOCUS DIRECT ACCESS JUSTICE SOCIAL Principles PSF

PSF Principles Coordination & coherence among institutions Community- driven projects on adaptation Community ownership & harmonization Alignment with country strategic priorities Mainstreaming of climate change into development planning Civil society participation Multi-stakeholder processes Results Direct Access Communities not passing through intermediaries Predictable and long-term Participation of civil society National Climate Change Action Plan Stable source of funding intended for long-term impacts

SPECIALFUND FINANCING NATIONAL TREASURY ADAPTATION

Php 1,000,000,000 GAA Augmented by donations, endowments, grants, contributions SOURCES OF THE PSF

Where should it flow? adaptation activities in the areas of water resources management, land management, agriculture and fisheries, health, infrastructure development, fragile ecosystems including mountainous ecosystems, and integrated coastal zone management; improvement of the monitoring of vector-borne diseases triggered by climate change, and in this context improving disease control and prevention; early warning systems as part of preparedness for climate related hazards; serving as a guarantee for risk insurance needs for farmers, agricultural workers and other stakeholders supporting institutional capacity-building, both for national and local governments, in partnership with local communities and civil society groups, for preventive measures, planning, preparedness and management of impacts relating to climate change, including contingency planning, for droughts and floods in areas prone to extreme weather events

USES OF THE FUND

ADAPTATION ACTIVITIES Local Government Units Communities

Adaptation activities where sufficient information is available to warrant such activities water resources management land management agriculture and fisheries natural ecosystems including mountainous and coastal ecosystems infrastructure development health

Monitoring of vector-borne diseases Disease control Prevention

Forecasting Early Warning Preparedness for climate-related hazards

Institutional development for LGUs partnership with local communities and civil society groups preventive measures, planning, preparedness and management of impacts contingency planning droughts and floods in areas prone to extreme climate events partnership with local communities and civil society groups preventive measures, planning, preparedness and management of impacts contingency planning droughts and floods in areas prone to extreme climate events

Strengthening regional centers and information networks to support climate change adaptation initiatives and projects

Serving as a guarantee for risk insurance needs for farmers, agricultural workers and other stakeholders

Community adaptation support programs by local organizations accredited by the Commission

Who holds the wrench? The Fund will be managed by a PSF Board composed of Department of Finance, CCC, Department of Budget and Management; National Economic and Development Authority; DILG; PCW; and representatives from academe, business sector and non-government organizations

POWERS PSF BOARD FUNCTIONS Promulgate policies that will maintain the fiduciary character of the Board; Provide overall strategic guidance in the management and use of the fund, including but not limited to the development of funding windows for various adaptation activities, including counterpart funding arrangements, and guidelines for project assessment, approval and evaluation; Develop social, financial and environmental safeguards to be used in project implementation;

POWERS PSF BOARD FUNCTIONS Identify additional sources for the fund Issue final approval of projects for the use of the fund Adopt a conflict of interest policy to ensure that board members will not vote on projects if they have a direct stake therein Ensure an independent 3 rd party evaluation and auditing of activities supported by the fund

ROLE OF THE CCC PSFUTILIZATION PSF

PROJECT PROPOSAL EVALUATION REVIEW RECOMMENDING APPROVAL FORMULATE MECHANISMS FOR TRANSPARENCY AND PUBLIC ACCESS TO INFO NOT AN IMPLEMENTOR

LOCAL ACCREDITATION Commission to develop guidelines to accredit local organizations seeking to access the fund Organizations will be accredited based on criteria such as organizational independence, track record in the community and/or field of expertise, financial management, and participatory practices

LOCAL ACCREDITATION Commission to develop guidelines to accredit local organizations seeking to access the fund Organizations will be accredited based on criteria such as organizational independence, track record in the community and/or field of expertise, financial management, and participatory practices

CCC to develop criteria PRIORITIZATION FUND ALLOCATION PSF Level of risk and vulnerability Participation of affected communities in project design; Poverty reduction potential; Cost effectiveness and sustainability; Co-benefits extending beyond LGU territory; Maximization of multi-sectoral or cross- sectoral benefits; Responsiveness to gender–differentiated vulnerabilities Local CC Action Plan

Community Participation community representatives and/or NGO counterparts may participate as observers in the project identification, monitoring and evaluation process of the Commission Transparency VulnerableMarginalized

THE PEOPLE’S SURVIVAL FUND WILLTOFACE THEFUTURE