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The Pacific Climate Change Finance Assessment Framework (PCCFAF) has been developed in response to the need to approach climate change financing in an informed way, commensurate with the specific circumstances and challenges of FICs. While existing global approaches are being developed and trialled, they do not always consider aspects that are particularly relevant to the situation of small island developing states. Rather than developing a parallel framework the PCCFAFblends Pacific relevant aspects, especially climate change sources and capacity, into existing assessment approaches. This approach has emanated from, and has been piloted and refined through a case study of Nauru.

Funding to support developing countries take action on climate change is projected to increase dramatically in the coming years. However, this increase in opportunities is being matched by an equally dramatic increase in complexity. This range of sources, each with their own set of rules and regulations, is often difficult to navigate, confusing and requires significant investment of a country’s limited resources to access and manage. The purpose of this national climate change finance assessment (the Nauru Case Study) is to assist the Government of Nauru (GoN) make informed decisions on measures to improve access to and management of climate change resources. It has been undertaken in response to a request from the GoN, following recent decisions made by Leaders and Economic Ministers on climate change financing.