PACC Completes Training Programme in Cost Benefit Analysis
6 February 2012: The Pacific Adaptation to Climate Change (PACC) project, under the Secretariat of the Pacific Regional Environment Programme (SPREP), has completed its series of Cost Benefit Analysis (CBA) workshops, with a third and final workshop held in Apia, Samoa, from 6-9 February 2012. The final workshop focused on the coastal sector.
The workshop brought together participants from 14 member countries - Cook Islands, Federated States of Micronesia, Fiji, Marshall Islands, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tokelau, Tonga, Tuvalu and Vanuatu. Discussions focused on the CBA as a framework to logically and systematically work through issues in the process of developing and evaluating PACC projects in the Pacific region. The need for CBA within the PACC project was identified by SPREP member countries at the 2nd PACC Multipartrite Review meeting, in 2011.
The workshop was held in partnership with the UN Development Programme (UNDP), Gesellschaft für Internationale Zusammenarbeit (GIZ) and the Pacific Islands Applied Geosciences Commission (SOPAC) of the Secretariat of the Pacific Community (SPC). PACC promotes climate change adaptation as a key prerequisite to sustainable development in Pacific Island Countries (PICs), and aims to enhance PICs' adaptation capacity. [SPREP Press Release] [About PACC]