High-Level Summary Technical Assistance Reports

Papua New Guinea: Climate Public Investment Management Assessment – CPIMA

By Nicoletta Feruglio, Bryn Welham, Paul G Seeds, Murray Petrie

December 30, 2024

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Format: Chicago

Nicoletta Feruglio, Bryn Welham, Paul G Seeds, and Murray Petrie. "Papua New Guinea: Climate Public Investment Management Assessment – CPIMA", High-Level Summary Technical Assistance Reports 2024, 055 (2024), accessed February 10, 2025, https://doi.org/10.5089/9798400296802.029

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Summary

An IMF team conducted a Climate Public Investment Management Assessment in Papua New Guinea. This analysis identified some emerging areas of effectiveness related to management of public investment from a climate perspective, but also identified many key weaknesses throughout the public investment cycle that affect efficiency and effectiveness of infrastructure delivery in the face of climate change related challenges. The mission team identified three urgent priority and eight high priority recommendations to improve public investment management from a climate change perspective.

Subject: Climate change, Climate finance, Climate policy, Environment, Public financial management (PFM), Public Investment Management Assessment (PIMA)

Keywords: Capital expenditure, Climate adaptation, Climate change, Climate finance, Climate policy, Climate Public Investment Management Assessment, C-PIMA evaluation, Global, IMF team, Management regulation, Papua New Guinea, Priority recommendation, Public infrastructure, Public investment management, Public Investment Management Assessment (PIMA), SOE oversight framework

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