Analysis of Bolivia’s Nationally Determined Contributions

Dates
-
Location
Bolivia
Region & Country
Status
Underway

Bolivia’s Nationally Determined Contributions (NDCs), submitted in 2022, represent the country’s commitment to addressing climate change while promoting sustainable development. These contributions focus on four key sectors: forestry, energy, water, and agriculture. However, implementing these ambitious measures requires a precise understanding of the investment needs and their impacts on employment. This project addresses the critical need for detailed cost analyses and employment assessments to ensure Bolivia can achieve its climate goals while fostering economic growth and sustainable development. The initiative is particularly timely as Bolivia seeks to align its climate commitments with broader development objectives.

Conservation Strategy Fund (CSF), in partnership with Agence Française de Développement (AFD), is playing a key role in this effort. CSF is conducting an in-depth analysis to estimate the costs required for implementing Bolivia’s NDCs, differentiating between operational expenses (OPEX) and capital expenses (CAPEX). Additionally, CSF is assessing the employment impacts of these measures, including job creation potential, sectoral shifts, and workforce capacity-building needs. By engaging sectoral experts and consolidating baseline data on NDC progress up to December 2023, CSF is providing technical insights that will inform strategic planning and decision-making for climate action.

The project outputs include several critical deliverables. First, a baseline report will summarize Bolivia’s progress toward implementing its NDCs as of December 2023. Second, a detailed cost analysis will provide clarity on the financial requirements for NDC implementation across forestry, energy, water, and agriculture sectors. This analysis will differentiate between conditional costs requiring international cooperation and unconditional costs covered by national resources. Third, an employment impact assessment will identify opportunities for job creation and workforce development in green sectors. Together, these outputs will equip policymakers with actionable information to advance climate goals effectively.

Once CSF’s role in the project is completed, Bolivia will be better positioned to secure funding from both domestic and international sources to implement its NDCs. The findings will also help guide workforce development initiatives aligned with climate priorities. Ultimately, the project aims to support Bolivia in integrating these insights into policies that promote sustainable economic growth while meeting its climate commitments under the Paris Agreement.

The broader goal of this initiative is to contribute to global efforts to combat climate change while fostering sustainable development in Bolivia. By reducing greenhouse gas emissions, enhancing resilience to climate impacts, creating green jobs, and ensuring long-term economic sustainability, this project aligns with both environmental conservation and development objectives. The project is funded by Agence Française de Développement (AFD), with CSF working closely alongside AFD and sectoral experts to ensure robust analysis and impactful results.

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Image Source: Tunde Gaspar, Shutterstock.com