Financing and implementing nationally determined contributions
NDC Assist II - Strengthening the financing and implementation of nationally determined contributions
© GIZ/Raffael Held
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ClientGerman Federal Ministry for Economic Cooperation and Development (BMZ)
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Co-financierNew Zealand: Ministry of Foreign Affairs and Trade (MFAT)
New Zealand: Ministry of Foreign Affairs and Trade (MFAT), Australia: Department of Foreign Affairs and Trade (DFAT), European Union (EU): Green Climate Fund (GCF)
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CountryGlobal, with country activities in Albania, Kenya
Global, with country activities in Albania, Kenya, Nigeria, Pakistan, Peru, Rwanda, South Africa and regional activities in the South Pacific
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Political sponsorsMore
Albania - Ministry of Tourism and Economy (Ministria e Turizmit dhe Mjedisit Ekonomise), Kenya - Ministry of Agriculture, Livestock, and Fisheries, Ministry of Environment, Climate Change and Forestry, Nigeria - Ministry for Budget and National Planning, Peru - Ministry of Environment (Ministerio del Ambiente), Rwanda - Ministry of Environment, South Africa - Department of Forestry, Fisheries and Environment, Pakistan - Ministry of Climate Change (وزارتِ موسمیاتی تب), Pacific Region - The Pacific Community
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Runtime2020 to 2025
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InvolvedGreenTec Capital GmbH
GreenTec Capital GmbH
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Products and expertiseClimate, environment, natural resource management
GIZ / James Ochweri
Context
The global NDC Partnership (NDCP) was established in 2016 to support developing countries and emerging economies in achieving their nationally determined contributions (NDCs) in line with the 2030 Agenda. Since then, selected member countries have been supported in implementing their climate goals and making them more ambitious – with importance placed on paying special attention to gender-sensitive aspects in the financing and implementation of climate measures.
Objective
Member countries and actors of the global NDC Partnership and the private sector have greater capacity to finance and implement nationally determined contributions, taking gender-sensitive aspects into account.
Approach
The project is divided into four components:
- It provides technical and strategic advice on financing strategies and investment plans and on how to integrate climate goals into economic stimulus programmes.
- It oversees the Pacific NDC Hub, which supports in reviewing, improving and implementing the NDCs of Pacific Island countries.
- It promotes and scales up the business models of small and medium-sized enterprises that provide technology and services relevant to climate change adaptation. It also supports investments in climate change adaptation and resilience.
- It improves strategic capacities to better utilise international market mechanisms in line with Article 6 of the Paris Agreement.
GIZ / Ursula Meissner
Another focus is on exchanging knowledge between NDCP actors in order to develop NDC financing and incentive instruments.
It cooperates with the private equity fund CRAFT (Lightsmith Group) and the Acumen Resilient Agriculture Fund.
The project is cofinanced by the New Zealand Ministry of Foreign Affairs and Trade, the Australian Department of Foreign Affairs and Trade, the Green Climate Fund and the European Union.
Last update: April 2024
