Implementing Intended Nationally Determined Contributions (INDCs) and Low Emission Development Strategies (LEDS) through Mobilising Private Investments
As of: October 2018
Objective and activities
The project aims to mobilise private investment for the implementation of Nationally Determined Contributions (NDCs) in its partner countries. It supports public and private actors in the mobilisation of investments from the private sector: in a first step, the sectors will be identified that show the highest potential for private sector mobilisation. In these sectors, climate-friendly investment plans are developed and improved. At the same time,it addresses investment barriers by supporting partner countries in the preparation of favourable political and regulatory frameworks and financial instruments. By decreasing investment risk and improving incentives, the project creates the necessary preconditions needed to foster private investments into NDC implementation. Through the LEDS Global Partnership the project moreover provides a platform for the relevant actors to exchange know-how and best practices.
State of implementation/results
- Identification of priority sectors in partner countries is at different stages.
- Mappings exercises undertaken to understand what sources of private finance are available for projects in particular sectors, and to understand the public incentives that exist to support finance mobilisation.
- Meeting of the NDC Support Cluster Finance Working Group in Cape Town in December 2017 and June 2018.