Module 2 Resources

Module videos

2.1: Applying a Political Economy Analysis Lens to your Project Idea

This section shows you how to apply a political economy analysis (PEA) lens to your project. For climate finance initiatives to succeed they must be economically, technically, socially, environmentally and politically viable. The PEA tool will give you a good understanding of the key political and economic factors determining the likely success or failure of your project. It will also help you to highlight the risks as well as the impacts of your project relating to gender, environment and indigenous people.

The video above will take you through why a political economy approach is important when developing a project and how you can go about it by engaging stakeholders.

2.2: Identifying and Prioritising Climate Finance Interventions

This section investigates methods of identifying and prioritising climate finance interventions. Countries, through their country programmes, generally have a list of interventions which they rate highest in terms of effectiveness and impact and are aligned with the country’s development priorities. When selecting a project, it is important that you go through a robust prioritisation process. This will help to ensure that the project proposal that you submit to GCF is successful. The prioritisation framework, combining quantitative and qualitative data, using a number of standardised but flexible data-based tools, will help you compare different interventions. This section also takes you through developing a Feasibility Study. The feasibility study will inform you whether the project is feasible and implementable.

The 1st video above will introduce you to the challenges related to prioritising climate finance projects in Africa. It covers how to link climate change and development priorities and the difficulty of navigating political interests, as well as the importance of adaptation and mitigation in Africa’s context. You will also be introduced to tools that can help you in the prioritisation process. The next video above is on feasibility studies. It will provide an introduction to what pre-feasibility and feasibility studies are, what they should include and how to write terms of reference for a feasibility study

2.3: The Climate Context

The climate context is a key aspect of a funding proposal. In the GCF funding proposal template, this includes the climate rationale, or a description of the climate problem, and a description of the context i.e. geographic, environmental, socio-economic and other data of the area that you are working in.

In this section you will learn how to link the climate and development impacts for both mitigation and adaptation projects, with a focus on adaptation. You will also look at the types of information and data sources that you will need to complete the climate context section of your GCF proposal, as well as different methodologies for developing the evidence base.

First, please watch the above videos which will introduce you to the process of developing your climate context.

The first video will introduce you to the climate rationale and why it is important. It will also provide an overview of linking development and climate priorities to define the climate rationale for a project.

The next video will take you through how to use data for your climate rationale. It will give you an overview of where to get data from and some of the challenges associated with using data. It will also introduce you to the types of analyses that you can use to interpret data from different sources.