The NAMA Facility – Providing support for the implementation of NAMAs

As announced during the climate negotiations 2012 in Doha, Qatar, the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) and the Department of Energy and Climate Change (DECC) of the United Kingdom (UK) jointly established the NAMA Facility and contributed jointly 120 million euro of funding to support developing countries and emerging economies that show leadership on tackling climate change and that want to implement ambitious climate protection measures (NAMAs).

In previous years, developing countries have prepared a multitude of ambitious climate protection measures. However, accessing finance for implementation through existing commercial and public channels has proven difficult, particularly for the most innovative parts of NAMAs. The NAMA Facility offers tailormade climate finance by funding the implementation of ambitious country-led NAMAs, thus delivering concrete greenhouse gas reductions on the ground. The presentation will provide a general introduction to the NAMA Facility, its means of support, its selection criteria as well as up-to date information on the second call for projects. In addition, lessons learned during the first call for projects and the early implementation stage of the selected NAMA Support Projects will be shared with the audience. For further information on the Facility, the 2nd call and the so far selected projects: www.nama-facility.org



Copyright: © European Compost Network ECN e.V.
Source: Orbit 2014 (Juni 2014)
Pages: 0
Price: € 0,00
Autor: Hendrikje Reich

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