Climate FIRST (Finance Initiative for Resilience and Sustainable Transition)

About this project

The Climate FIRST ( Climate Finance Initiative for Resilience and Sustainable Transition) project objective is to support the implementation of a PNG-led mechanism to attract and coordinate access to large scale international climate finance for investment in key sectors to address climate change and meet PNG’s goals and international commitments on climate adaptation and climate mitigation through emissions reduction. The focus is on catalyzing PNG’s access to climate finance by addressing major barriers and incentivizing institutional reform. The project will do this by: › Supporting CCDA to establish a strengthened high-level Climate Finance Steering Committee (CFSC) for coordinating access to domestic and international climate finance, under the auspices of the CCDA Board. › Supporting CCDA and national and subnational government agencies brokering and developing project ideas, bankable projects and climate investment proposals to access international and domestic climate finance in line with the priorities outlined in PNG’s NDCs and NAP. › Building capability in the PNG government system at the national and subnational levels to mainstream CRGG policies and plans and develop appropriate public financial management systems develop and market priority investable proposals for climate finance and green investments. › Strengthening the private sector ecosystem around this finance such as effective communication, messaging, and advocacy to support MSMEs for a PNG-led inclusi…

Published by

Global Green Growth Institute (GGGI) · Multilateral

Countries

Papua New Guinea

Sectors

Forestry policy and administrative management

Focus

Environment · Also contributes

Funded by

Australia - Department of Foreign Affairs and Trade

Implemented by

Global Green Growth Institute (GGGI)

Published by Global Green Growth Institute (GGGI) to the International Aid Transparency Initiative (IATI), last updated 14 Oct 2026 and imported automatically. IATI identifier: XM-DAC-47136-PG17.

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