Papua New Guinea: Technical Assistance Report-Climate Policy Diagnostic
Technical Assistance Reports, March 14, 2025
Source details
- Canonical URL
- Papua New Guinea: Technical Assistance Report-Climate Policy Diagnostic
Other formats
Bibliographic details
- Published: March 14, 2025
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798229002219.019
Summary findings
- The technical assistance conducts a Climate Policy Diagnostic (CPD) for Papua New Guinea, covering climate adaptation and mitigation policy, as well as enabling institutions.
- Climate-related risks are macro-critical considerations for Papua New Guinea.
- The country faces acute policy challenges in addressing the climate-development nexus.
- The CPD identifies policy reforms that are good for climate and economic growth and promote fiscal sustainability.
- A systematic policy approach is needed to strengthen the climate resilience of the water supply sector and disaster risk management.
- Carbon pricing can play a major role in the fiscal policy package to encourage climate actions in the energy and forestry sectors.
- Increasing the Treasury’s engagement and strengthening cross-sectoral coordination would help unlock climate investment.
Policy recommendations and priorities
- Strengthen climate resilience of water supply sector:
- Adopt a systematic policy approach to resilience planning and investment.
- Enhance disaster risk management:
- Integrate disaster risk management into fiscal and sectoral planning.
- Deploy carbon pricing as part of fiscal policy:
- Use carbon pricing to incentivize climate actions in energy and forestry sectors.
- Strengthen institutional engagement and coordination:
- Increase the Treasury’s engagement in climate policy design and implementation.
- Improve cross-sectoral coordination to unlock climate investment.
Scope and thematic coverage
- Covers climate adaptation policy and climate mitigation policy.
- Assesses enabling institutions for climate policy and investment.
- Addresses climate finance and the potential role of fiscal policy instruments.
Content in this bundle
- tarea2025025-print-pdf