Bangladesh belongs to one of the most vulnerable countries to climate change impacts. This poses an enormous challenge to the aspiration of Bangladesh to get from a low-income country to a lower middle-income country by 2021. Over the last three decades, Bangladesh has been implementing programs related to flood management schemes, coastal embankments, cyclone and flood shelters, community-based natural disaster management, raising roads and highways as well as research and development to adapt with the climate change impacts. As a result, Bangladesh’s ability to manage natural disasters, particularly floods and cyclones has been improving since 1991.
Realizing the nature and magnitude of impacts and the required efforts for enhancing resilience Bangladesh adopted Bangladesh Climate Change Strategy and Action Plan (BCCSAP) in 2009. The strategy identifies six main pillars for future programming:
(i)Food Security, Social Protection and Health;
(ii)Comprehensive Disaster Management;
(iv)Research and Knowledge Management;
(v)Mitigation and Low Carbon Development; and
(vi)Capacity Building and Institutional Strengthening.
The Bilateral Development Partners agreed to support the plan and Bangladesh Climate Change Resilience Fund (BCCRF) was created as a multi-donor trust fund in 2010 by the Government of Bangladesh (GoB).
BCCRF has attracted US$125 million as of December 2011 from several donor agencies. BCCRF is managed by the Ministry of Environment and Forests (MoEF), which has prepared an Implementation Manual for BCCRF to provide guidance on how to attain the objectives of BCCSAP on above mentioned six pillars. The BCCRF will support implementation of BCCSAP up to 2018. On behalf of the contributing Development Partners and in consultation with the GoB, the World Bank ensures for a limited duration i.e. the performance of due diligence requirement for BCCRF (including fiduciary management, transparency and accountability).
The BCCRF envisages two funding windows including one on-budget window for public sector projects and an off-budget window for civil society and NGO sector projects. The Governing Council of BCCRF identified PKSF as the institution to function as the off-budget window for channeling funds to the NGOs. This component of BCCRF, to be called as ‘Community Climate Change Project (CCCP)’ is expected to channel 10 per cent of the BCCRF resources. Period of implementation for CCCP is up to December 2016.