In Antigua and Barbuda, the NBF project was implemented by the Department of Environment, as the national focal point for climate change, in collaboration with the Ministry of Finance and Corporate Governance.

The project resulted in a report that aims to provide an assessment and overview of Antigua and Barbuda’s public and private finance flows relevant to climate change. In doing so, it identifies climate-related finance within budget spending and international climate finance receipts. It considers how private actors have engaged with, or are affected by, climate change and surveys the tools available to the Government to make all finance flows more consistent with climate actions.

The report acts as a springboard for Antigua and Barbuda, and ongoing projects will continue to refine the methods within, and complement the results of, this report.

Project timeframe: May 2019 – July 2020

Project report: Assessment and Overview of Climate Finance Flows: Antigua And Barbuda 2014–2017

The NBF project activities in Belize are being carried out by the Ministry of Sustainable Development, Climate Change and Disaster Risk Management.

The UNFCCC secretariat has collaborated with the Government of Belize on the NBF project resulting in two technical reports:

Multilateral Climate Finance in Support of Belize' NDC Implementation (May 2021)

Potential Investment from the Private Sector for Climate Finance in Belize (April 2021)

These are taken up as technical input to a climate finance strategy developed by the Government.

The NBF activity in Cuba is being carried out with the Cuban Ministry for Science, Technology, and Environment, in close consultation with other government institutions and national experts. A technical assessment developed shows that Cuba received USD 120 million in international climate finance between 2002 and 2018, primarily for mitigation projects, despite adaptation being defined as a priority in its nationally determined contribution (NDC). Challenges faced by Cuba in accessing climate finance include a lack of financial institutions and project development capacity and expertise, as well as integrating climate change in development plans. A Climate Finance Strategy for the country is being developed to in order to finance the implementation of the country’s NDC and its State Plan for Confronting Climate Change known as “Tarea Vida”.

Publications

Technical Assessment of Climate Finance in Cuba

Climate Finance Access and Mobilization Strategy for Cuba 2022-2030

The NBF activity in the Dominican Republic is being carried out with the National Council for Climate Change and Clean Development Mechanism, Dominican Republic. An assessment of climate finance flows has shown that international climate finance provided to the country has fluctuated between USD 54 million and 250 million per year (2014-2017). Mitigation activities in the energy, industry and agriculture, forestry and other land use sectors remain a high priority, as do adaptation needs in the water, biodiversity, human settlement and infrastructure sectors. These initial findings from the technical assessment developed with the help of experts in the region form the basis for the climate finance strategy under development, which will be aligned with national policies and programmes.

Publications

Technical Assessment of Climate Finance in Dominican Republic

The NBF activity in Honduras is being carried out with the Presidential Office for Climate Change (Clima+). A climate finance assessment has shown that climate finance varied between USD 44 million and 253 million per year (2015 - 2019) and includes a compilation and analysis of prioritized mitigation and adaptation actions as well as information on relevant institutions and existing tools and resources for financing NDC implementation. Based on the findings of the assessment, a toolbox of strategic actions is being developed to help the design of the National Climate Finance Strategy. A series of virtual workshops have been held to build capacity to improve access and to mobilize climate finance.

Technical Assessment of Climate Finance in Honduras