| Overview : Poverty-Environment Action for the Sustainable Development Goals (PEA) is a global project jointly implemented by the United Nations Development Programme (UNDP) and the United Nations Environment Programme (UNEP) as strategic actors within the UN system to advance the environmental dimension of the 2030 Agenda and the SDGs. PEA’s emphasis on sustainable investments makes it a key UN country level intervention in support of the Addis Ababa Financing for Development agenda to mobilize and align public and private finance for the SDGs. UNDP serves as the Managing Agent (MA) for the USD 20 million project financed by the European Union (EU), Austrian Development Agency (ADA), Norway and Sweden (through UNEP), as well as (in-kind) core resources from UN agencies. The project implementation period runs from 1 September 2018 to 31 August 2022. By building on Poverty Environment Initiative’s (PEI) strong legacy, PEA, as a hub of expertise and knowledge on the integration of environment and poverty considerations in development policies, plans and investments, is uniquely placed to ensure that the environmental dimension is not left behind when addressing poverty and promoting development. PEA also provides opportunities to improve the quality of private sector investments to support poverty-environment objectives. This represents the new focus of Poverty-Environment Action—aligning finance and investment with poverty, environment and climate objectives to accelerate SDG implementation. PEA aims to strengthen integration of poverty-environment-climate objectives into policies, plans, regulations and investments of partner countries to accelerate delivery of the 2030 Agenda and the SDGs through development planning, budgeting and monitoring systems that integrate environmental sustainability and climate objectives for poverty eradication; public finance and investment frameworks that incentivize shifts in public and private investments towards environmental sustainability and climate objectives for poverty eradication; and SDG implementation and acceleration processes leveraged to scale up the use of integrated poverty environment mainstreaming approaches and tools. A total of eight full-fledged countries are being supported through the initiative with four in Africa (Malawi, Mauritania, Mozambique and Rwanda) and four in Asia (Bangladesh, Lao PDR, Myanmar and Nepal) with different implementation arrangement modalities. Tanzania and Indonesia are two countries that are also being supported with technical assistance but are not full-fledged countries. Projects’ key stakeholders and partners, among others include local Governments, Donors, public and private institutions etc. Project implementation started in September 2018 with a four months inception period from September to December 2018. This being the second year of implementation, a Mid-Term Review (MTR) is scheduled to commence during the last quarter of 2020 to assess progress and inform any adjus |
