{
  "title": "Papua New Guinea: Technical Assistance Report-Climate Policy Diagnostic",
  "publication": "Technical Assistance Reports, March 14, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/technical-assistance-reports/issues/2025/03/14/papua-new-guinea-technical-assistance-report-climate-policy-diagnostic-565170",
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  "summary": "This technical assistance conducts a Climate Policy Diagnostic (CPD) for Papua New Guinea, covering climate adaptation and mitigation policy, as well as enabling institutions.",
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    {
      "heading": "Summary findings",
      "content": "- The technical assistance conducts a Climate Policy Diagnostic (CPD) for Papua New Guinea, covering climate adaptation and mitigation policy, as well as enabling institutions.\n- Climate-related risks are macro-critical considerations for Papua New Guinea.\n- The country faces acute policy challenges in addressing the climate-development nexus.\n- The CPD identifies policy reforms that are good for climate and economic growth and promote fiscal sustainability.\n- A systematic policy approach is needed to strengthen the climate resilience of the water supply sector and disaster risk management.\n- Carbon pricing can play a major role in the fiscal policy package to encourage climate actions in the energy and forestry sectors.\n- Increasing the Treasury’s engagement and strengthening cross-sectoral coordination would help unlock climate investment."
    },
    {
      "heading": "Policy recommendations and priorities",
      "content": "- Strengthen climate resilience of water supply sector:\n  - Adopt a systematic policy approach to resilience planning and investment.\n- Enhance disaster risk management:\n  - Integrate disaster risk management into fiscal and sectoral planning.\n- Deploy carbon pricing as part of fiscal policy:\n  - Use carbon pricing to incentivize climate actions in energy and forestry sectors.\n- Strengthen institutional engagement and coordination:\n  - Increase the Treasury’s engagement in climate policy design and implementation.\n  - Improve cross-sectoral coordination to unlock climate investment."
    },
    {
      "heading": "Scope and thematic coverage",
      "content": "- Covers climate adaptation policy and climate mitigation policy.\n- Assesses enabling institutions for climate policy and investment.\n- Addresses climate finance and the potential role of fiscal policy instruments.\n\n---\n\n Content in this bundle\n\n- tarea2025025-print-pdf\n  - tarea2025025-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - tarea2025025-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/technical-assistance-reports/issues/2025/03/14/papua-new-guinea-technical-assistance-report-climate-policy-diagnostic-565170"
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    "Published: March 14, 2025",
    "Series: Technical Assistance Reports",
    "DOI: https://doi.org/10.5089/9798229002219.019",
    "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.",
    "Strengthen climate resilience of water supply sector:",
    "Enhance disaster risk management:",
    "Deploy carbon pricing as part of fiscal policy:",
    "Strengthen institutional engagement and coordination:",
    "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.",
    "**tarea2025025-print-pdf**"
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