Readiness Support for Strategic Climate Finance in Guyana

The proposed Readiness project aims to increase the capacity of Guyana to strategically manage climate finance flow from international and national sources including from the private sector, by supporting: - the development of a National Climate Finance Strategy for an effective and efficient climate finance architecture to support NDC, GSDS and National Climate Change Policy implementation; - the building capacity in financial instruments for NDA, National Climate Change Committee, potential national DAEs, banking institutions, government agencies as well as private sector; - the improvement of National GHGs monitoring, reporting and verification (MRV) system under the enhanced transparency framework of the Paris Agreement to increase the capacity and coordination between ministries and agencies to gather emission activity data and achieve and track NDC targets in line with implementation of GSDS and National Climate Change Policy; - the development of project pipeline and project/program concept notes for submission to GCF for the Municipality of Bartica and selected cities/towns using the findings of the energy audit implemented by the OCC and the assessments on project potential in consultations with OCC and key stakeholders.