Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Good Financial Governance and Climate Finance in Cameroon


Published on

Kirsten Hegener gave this presentation on 22 May 2013 at a panel session during the two-day policy and science conference entitled "Sustainable forest management in Central Africa: Yesterday, today and tomorrow", organized by CIFOR and its partners and held in Yaounde, Cameroon. The panel, titled “Financing climate change and REDD+: how to help Central Africa capture the potential”, focused on understanding the constraints to Congo Basin countries in accessing the opportunities that REDD+ offers.

Published in: Education, Technology
  • Be the first to comment

  • Be the first to like this

Good Financial Governance and Climate Finance in Cameroon

  1. 1. Seite 1Preliminary findings from acase study reportGood Financial Governance andClimate Finance in Cameroon
  2. 2. Seite 2Findings concern1. Economy and climate change2. National policy on climate change3. National Public Finance Management (PFM) system and its role inclimate financea) Strengths and weaknesses of PFM arrangementsb) Accountabilityc) Access to climate funds4. Conclusions and recommendations
  3. 3. Seite 3Economy and climate change5/23/13• Cameroon is sensitive to climate change and its effects, especially:• in agriculture,• forestry and• energy production• climate change may also affect importantly and negatively• projected public revenues and• expenses in Cameroon’s primary economic sectors• expenses for infrastructure investments and• the public debt incurred to finance them.
  4. 4. Seite 4National policy on climate changeUnternehmenspräsentation 20125/23/13Although there is evidence of increasing attention to climate change on thepart of officials in the government of Cameroon, there is not as yet a formalnational policy on climate change. Such a policy is a necessary, thoughinsufficient, condition for the successful implementation of climate changerelated activities and their sound financial management including climatefinance.Attempts to initiate climate change related activities including accessingand managing climate finance funds without an appropriate national policyframework carries with it a high risk of failure and waste of public funds.
  5. 5. Seite 5Public Finance Management (PFM) system and its rolein climate finance1. Strengths and weaknesses of PFM arrangementsUnternehmenspräsentation 20125/23/13• the national PFM system does not take into account systematicallyclimate change and its effects (both on the expenditure and revenuesides)• programme budget as of the 2013 fiscal year is a key milestone in themodernization of Cameroun’s public financial management system.• the introduction of a program budgeting approach will not leadnecessarily to improved programme and financial performance.• other important elements are a fundamental change in organisationalculture based on good governance principles and including particularattention to management capacity, direction and accountability.
  6. 6. Seite 62. AccountabilityUnternehmenspräsentation 20125/23/13• the institutional structure of accountability in Cameroun remains weakbecause of the lack of independence and resources of the judicial andlegislative oversight bodies.
  7. 7. Seite 73. Access to climate fundsUnternehmenspräsentation 20125/23/13• key prerequisites• appropriate performance in budget execution,• accounting and internal control• external oversight to palliate fiduciary risk• necessary systemic linkages• organisational and institutional culture of the publicadministration• incentive structure of the public service.
  8. 8. Seite 8Conclusions and recommendationsUnternehmenspräsentation 20125/23/13• Cameroon is not ready to access climate finance as long as :• climate change is not a priority for the government,• there is no national policy on climate change• climate change is not taken into account in Cameroon’s guidingvision and national development strategy• good financial governance criteria are not met by the public financemanagement system
  9. 9. Seite 9Conclusions and recommendationsUnternehmenspräsentation 20125/23/13The lead ministry for climate change should have high level politicalsupport, the appropriate policy remit including inter sectorial andintergovernmental coordination, as well as the required organisationalcapacity particularly with respect to budget and climate change relatedcompetencies. It should further lead on relationships and coordination withcivil society and private sector, as well as on regional and internationalcoordination on climate change.In order to develop the capacity of Cameroon’s PFM system up to a levelat which it can access and manage external climate financing in anefficient, effective and transparent manner, priority should be given tostrengthening external oversight by parliament and the supreme auditinstitution, as well as government budgeting and expendituremanagement, accounting and internal control.