Financing Nationally Appropriate Mitigation Actions (NAMAs): Leveraging private investment
An animated infographic for this paper can be found here.
Sustainable financing of NAMAs in many cases ultimately requires blending funds from public and private sources, so it is essential that NAMA developers try to maximally leverage private investment. But the question of how to do so in practice can be complex. This report offers guidance to developing country NAMA practitioners and NAMA funders seeking to leverage private investment in their NAMA projects. Drawing on case studies, it identifies six key aspects crucial to developing bankable NAMAs and offers guidance on risk mitigation policies that can be instituted to increase NAMAs’ bankability. The paper also offers a set of specific recommendations for both practitioners and donors looking to maximize private investment in their NAMAs.
Participating experts
You might also be interested in
COP 29 Outcome Moves Needle on Finance
In the last hours of negotiations, concerted pressure from the most vulnerable developing countries resulted in an improved outcome on the finance target, with a decision to set a goal of at least USD 300 billion per year by 2035 for developing countries to advance their climate action.
November 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In October 2024, 20 oil and gas exploration licences were awarded across three countries, with a significant portion granted by Brazil.
Coalition against fossil fuel subsidies expands but misses initial targets
The UK, Colombia, and New Zealand have signed on to a coalition of governments aiming to phase out fossil fuel subsidies, joining 13 other mainly European nations in the alliance. IISD's Vance Culbert said that half a dozen more countries—including "a few larger economy developing countries"—are talking privately to them about joining too.
Europe’s Dash for Gas in Africa puts Private Profits First
Europe’s demand for gas is contributing to expansion of LNG projects in Mozambique, Nigeria, and Senegal. This favours the interests of European oil and gas companies over those of African countries, a new report shows.