Cost and Values Analysis of TAMD in Cambodia

The Tracking Adaptation and Measuring Development (TAMD) Monitoring and Evaluation (M&E) framework enables public authorities to assess climate risk management processes and contributions from adaptation/climate resilient development policy. In Cambodia, TAMD is used to guide the climate M&E framework in assessing these processes at national and sectoral levels. Yet little is known about costs and benefits of applying TAMD in Cambodia, and how implementing the framework improves the effectiveness of investments. This study documents the additional costs and benefits of implementing the climate M&E framework. What follows first provides a complete account of additional costs; and second, estimates likely contributions of a climate M&E framework to policy effectiveness, and corresponding monetary returns from future climate finance inflows in Cambodia.