The International Climate Initiative
The NAMA Facility
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 will jointly contribute an initial €70 million of funding to support developing countries that show leadership on tackling climate change and that want to implement ambitious climate protection measures (NAMAs). Due to the overwhelming success of the first call for projects of the NAMA Facility, BMUB and DECC will jointly contribute an additional €50 million, to fund a second bidding round for NAMA Support Projects to be held in 2014. Germany’s contribution is coming from the International Climate Initiative (IKI), while the UK Government is supporting the Facility from the International Climate Fund (ICF).
In the context of international climate change negotiations, NAMAs (nationally appropriate mitigation actions) are considered to be voluntary climate protection measures taken by developing countries, which are embedded within their plans for national development. These contribute to bringing the respective country on to a low-carbon development trajectory.
In previous years, developing countries have prepared a multitude of ambitious climate protection measures - also with support from the International Climate Initiative (IKI). 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 builds on previous support and addresses the demand for tailor-made climate finance by funding the implementation of ambitious country-led NAMAs, thus delivering concrete greenhouse gas reductions on the ground.