Enhanced Transparency of Climate Finance in Kenya - 2019
Jun 10, 2020
A product of the UNDP NDC support programme.
Climate finance is one of the key enablers to climate change adaptation, mitigation and enabling environment. It refers to resources over and above programme/project costs mobilized to address the effects of climate change. Climate finance covers the entire cycle - from mobilizing resources to using, coding, tracking and reporting climate change-related expenditures by both government and non-government entities. This handbook is part of the Government of Kenya’s strategic intervention to build climate finance capacity so that it can better coordinate resource mobilization and track climate change expenditures.
The goal is to equip all state and non-state agencies with the requisite skills and knowledge to properly identify climate change elements, plan, budget and mobilise resources, and code and track expenditures towards adaptation and mitigation, both as stand-alone initiatives and projects and/or within programmes and projects. The handbook is organized into four modules. Module one introduces the learner to climate change in general, important terminology and highlights, and practical adaptation and mitigation actions. Module two presents the historical background to climate financing and discusses in detail the sources and governance structure of climate finance. Module three provides a detailed review of the process of budgeting for climate change at the sector level and how to cost for climate change in government programmes and/or projects. It also identifies the entry points for mainstreaming climate financing in the government planning and budgeting process. Module four focuses on the climate finance codes used under the Standard Chart of Accounts and applicable under the IFMIS system used in the country.