To promote (mainstreaming of environment and poverty considerations into investment and management systems; mobilization of green investments in environmental goods and services; and improved organizational performance by lead agencies responsible for environmental management and climate change.
Ministry of Natural Resources and Environmental Conservation (MONREC); Myanmar Investment Commission; Ministry of Planning and Finance (MOPF); Union-level and subnational agencies and development partners, Embedded in UNDP Myanmar Country Office’s Governance for Resilience and Sustainability Project (2018–2022)
To enable the Government of Myanmar to mainstream environment and poverty considerations into investment appraisal and management systems of key sectors and key States and Regions; promote and develop an integrated environmental and poverty financing framework; and promote and mobilize green investments in environmental goods and services to protect natural resources, minimize and manage waste more effectively, while simultaneously creating sustainable wealth and employment.
The Government of Myanmar has committed to a series of policy reforms on environmental governance, climate change and disaster risk reduction (DRR), to ensure that economic growth in Myanmar is more inclusive, resilient and sustainable. The recent increased emphasis on public infrastructure and foreign direct investments requires matching increases in sustainability and resilience. The potential of green investments as wealth and employment generator also needs active promotion by the Government of Myanmar. The Government is promulgating a series of policies to address these challenges which now require enabling mechanisms for effective implementation and enforcement to deliver benefits for all people.
The key areas identified for capacity development support include:
- True value of natural resources and ecosystems services
- Green economy and the prospects of green business, including current issues and opportunities in community based natural resources management
- Environmental and climate change governance and local level environmental planning and enforcement
- Addressing recurrent locally demanded themes (community watershed degradation, community forestry, solid waste management, river protection, coastal management)
- Good practices in urban land use planning and management
- Communication, facilitation, applications of ICT in addressing local issues
- Integrated environmental financing strategy adopted
- Folio of Green Business Cases developed and communicated
- Myanmar Investment Commission investment categories are expanded to support the development of an environmental goods and services sector
- Technical guidance provided to Green business opportunities (identified through existing UNDP projects) as a means of promoting small and large-scale pro- poor green investments