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Potential audits
International Climate Change Adaptation Initiative
The International Climate Change Adaptation Initiative is jointly managed by the Australian Agency for International Development (AusAID) and the DCCEE. The Australian Government invested $150 million over three years (2008–09 to 2010–11) through its aid program to meet high-priority climate change adaptation needs in vulnerable countries in our region. The 2010–11 Budget extended funding by $178.2 million for an additional two years to continue programs in the Asia-Pacific region to help these countries adapt to the impacts of climate change. Australia will also extend assistance to vulnerable nations in the Caribbean and Africa and for additional initiatives in the Mekong region. Assistance provided through the International Climate Change Adaptation Initiative is designed to assist countries to:
- identify and help finance priority adaptation measures to increase resilience to the impacts of climate change;
- increase understanding of how the climate and oceans have changed and how they may change in the future; and
- assess their vulnerability to climate change and develop evidence-based adaptation strategies.
An audit would examine progress towards the outcomes sought by governments and the extent to which agencies have been able to determine value for money from the funds expended.
International Forest Carbon Initiative
Under the $273 million International Forest Carbon Initiative, jointly managed by AusAID and DCCEE, Australia aims to strengthen multilateral and bilateral activities for reducing emissions from deforestation and forest degradation in developing countries.
During 2010, the implementation of the first bilateral project (the Kalimantan Forests and Climate Partnership), and development of Indonesia’s National Carbon Accounting System were progressed under the International Forest Carbon Initiative. Further, Australia’s cooperation with Papua New Guinea in this area focused on technical and institutional advisory support.
An audit would examine progress in bilateral efforts in developing countries and the extent to which funds have targeted effective actions to support international efforts to address deforestation and forest degradation in developing countries such as Indonesia and Papua New Guinea.