Climate and Green Finance Tracking & Paris Alignment – Audit Action Plan

preparation

Paris Agreement Alignment (PAA) and Climate and Green Finance (CGF) Tracking are a core part of the IDB Group's Institutional Strategy (IDBStrategy+), and The IDB Group Impact Framework 2024-2030. Both PAA and Climate Finance were audited in 2024 with excellent results. The audit did make key recommendations, including strengthening capacity building, and creating more guideline documents, and updating existing ones as needed. There is a need to enhance knowledge in these areas, particularly geared to increasing the capacity of country IDB Staff and counterparts. As such, this TC would bring the necessary expertise to be able to deliver on these commitments, and to help prepare these issues better from the country counterpart perspective.