Climate Finance in Vanuatu

Vanuatu's National Sustainable Development Plan (NSDP) 2016 - 2030 provides the overarching framework for climate change and disaster resilience. The Vanuatu Climate Change and Disaster Risk Reduction Policy launched in 2016 articulates Vanuatu’s vision, principles, strategic goals, priorities and strategies for CCA and DRR. The National Advisory Board (NAB) established in 2012 has an important role to coordinate climate change and disaster risk management actions in Vanuatu. The NAB is co-chaired by the Director Generals of Ministry of Climate Change Adaptation and the Director of the National Disaster Management Office. Comprising both governmental and non-governmental members, it exists as the supreme policy making and advisory body for all climate change adaptation (CCA) and disaster risk reduction (DRR) programmes, projects, initiatives and activities.  The NAB is supported by a full-time Secretariat housed under the Ministry of Climate Change. The climate finance working group serves as the consultative arm of the NAB secretariat to progress issues related to climate finance. The Climate finance Roadmap maps out priority outputs and activities related to climate finance and the key partners supporting those initiatives. 

Country Activities and Progress

  • Climate Finance Forum successfully delivered to identify climate finance priorities; raise awareness on climate finance for informed decision-making [link report]
  • Vanuatu Climate Change Finance Review mission from 25 June – 01 July, 2017. The review team consisted of the Pacific Islands Forum Secretariat (PIFS), the Pacific Community (SPC), United Nations Development Programme (UNDP), the German Technical Cooperation (GIZ) and the Vanuatu GIZ/UNDP [link report]
  • Pilot of the National Climate Change Finance Tracking tool