Climate Adaptation Investment Planning

Co-organized by Government of Nepal, Asian Development Bank and ICIMOD

About the workshop

The Climate Adaptation Investment Planning workshop, co-organized by the Government of Nepal (Ministry of Agriculture, and Livestock Development of the Government of Nepal, Nepal Agricultural Research Council, and the Government of Madhesh Province), ICIMOD and ADB will facilitate multi-stakeholder dialogue to strengthen the climate adaptation investment plan for rice and horticulture systems in Madhesh Pradesh.

The workshop facilitation will be based on a co-design approach to enable actors across the rice and horticulture value chains to validate and strengthen investment packages, financial models and policy and regulatory instruments to enable public and private investment in adaptation.

Objectives

• Co-design a Climate Adaptation Investment Plan (CAIP) for rice and horticulture value chains in Madhesh Province through multi-stakeholder dialogue, focusing on investment packages, financial models, and enabling policy instruments.
• Engage development partners, financial institutions, and value chain stakeholders in reviewing the draft CAIP and identifying opportunities to enhance its bankability and mobilize public and private financing for climate-resilient agriculture.

Target Participants

Some of the key agencies and organizations to be invited include:

• Federal Government: Ministry of Agriculture and Livestock Development, Ministry of Finance, National Planning Commission, Nepal Agricultural Research Council, Ministry of Forests and Environment, Ministry of Industry, Commerce and Supplies, Investment Board Nepal.
• Madhesh Provincial Government: Ministry of Land Management, Agriculture and Cooperatives, Ministry of Finance, Ministry of Forest and Environment, Provincial Policy and Planning Commission.
• Financial Institutions: Nepal Rastra Bank, Agriculture Development Bank Limited, Nepal Bankers’ Association, FMO Entrepreneurial Development Bank, Muktinath Bikas Bank, Nepal Investment Mega Bank Limited, NMB Bank, Sanima Bank, Small Farmers Development Bank, Global IME Bank
• Development Partners: CIMMYT, GIZ, DFAT, EU, FAO, Finland Development Cooperation, FCDO, IFAD, JICA, SwissContact, UN Capital Development Fund, UN Women, UNDP, WB
• Value chain actors (Production, Processing, Trading, Distribution): Agro Enterprise Center, Federation of Nepalese Chamber of Commerce and Industries, GeoKrishi, Impact Hub, Mitahara, Nepal Agricultural Cooperative Central Federation, Seed Entrepreneurs Association of Nepal, Nepal Krishi Company, Industrial Enterprise Development Institute
• Independent Experts

Background

The Asian Development Bank (ADB) is supporting the Government of Nepal to develop a Climate Adaptation Investment Plan (CAIP) to implement adaptation priorities articulated in the country’s National Adaptation Plan and Nationally Determined Contributions to the United Nations Framework Convention on Climate Change (UNFCCC). Nepal’s CAIP supports adaptation investment in the agriculture sector with a specific focus on investment in rice and horticulture value chains in Madhesh Province to contribute to food security and agricultural growth.

The Climate Adaptation Investment Planning Program is an ADB initiative that supports Developing Member Countries to scale-up investment in climate adaptation. The CAIP Framework supports decision-makers to strengthen (a) system level risk analytics to develop programmatic adaptation investment packages; (b) economic analysis to articulate the return on investment in adaptation and allocate investment responsibility across the public and private sector; (c) finance-matchmaking to leverage public and private finance for investment in adaptation; and (d) policy and regulatory environment to enable investment in adaptation. The CAIP process is guided by public financial management systems to embed adaptation investments in economic planning and budgeting