High-Level Summary Technical Assistance Reports

Papua New Guinea: Climate Public Investment Management Assessment – CPIMA

By Nicoletta Feruglio, Bryn Welham, Paul G Seeds, Murray Petrie

December 30, 2024

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Format: Chicago

Nicoletta Feruglio, Bryn Welham, Paul G Seeds, and Murray Petrie. "Papua New Guinea: Climate Public Investment Management Assessment – CPIMA", High-Level Summary Technical Assistance Reports 2024, 055 (2024), accessed January 2, 2025, https://doi.org/10.5089/9798400296802.029

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Summary

An IMF team conducted a Climate Public Investment Management Assessment in Papua New Guinea. This analysis identified some emerging areas of effectiveness related to management of public investment from a climate perspective, but also identified many key weaknesses throughout the public investment cycle that affect efficiency and effectiveness of infrastructure delivery in the face of climate change related challenges. The mission team identified three urgent priority and eight high priority recommendations to improve public investment management from a climate change perspective.

Subject: Climate change, Climate finance, Climate policy, Environment, Expenditure, Infrastructure, National accounts, Public financial management (PFM), Public Investment Management Assessment (PIMA), Public investment spending

Keywords: Capital expenditure, Capital spending, Climate adaptation, Climate change, Climate change, Climate finance, Climate policy, Greenhouse gas emissions, Infrastructure, Papua New Guinea, Public infrastructure, Public investment management, Public Investment Management Assessment (PIMA), Public investment spending

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