More funding for climate change mitigation in developing countries

Wind turbines

Endesa Windpark Canela; picture: GIZ Chile

The German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), UK Department of Energy and Climate Change, the Danish Ministry of Climate, Energy and Building and the European Commission are calling for interested parties to submit new project proposals for financing climate change mitigation projects in developing countries. About EUR 85 million is available for this third call for tenders. Project proposals can be submitted until15 July 2015.

The United Kingdom and Germany launched the NAMA Facility in 2012 to support developing countries in implementing ambitious national mitigation actions and provided initial funds totalling EUR 70 million. Another EUR 50 million were added in the second round. These funds have supported projects in Chile, Colombia, Costa Rica, Indonesia and Mexico as well as Burkina Faso, Peru, Tajikistan and Thailand.

As a result of the strong international interest in the NAMA programme, Denmark and the European Commission announced their intention to join as donors to the programme at the climate negotiations in Lima in December 2014. The additional funding from Denmark and the European Commission means that there is a total of EUR 85 million available for new projects in the third call for tenders.

In the framework of the international climate negotiations, national appropriate mitigation actions (NAMAs) were established as voluntary climate change mitigation measures for developing countries and emerging economies. These will be anchored in the national development plans and help the countries put themselves on a low-carbon development path. However, financial support is often lacking for the implementation of highly transformative projects that apply innovative climate change mitigation measures and concepts for completely reshaping economic and societal processes in a climate-friendly manner. The NAMA Facility promotes the implementation of especially ambitious projects for reducing greenhouse gas emissions.

Projects receiving support in the context of the programme can utilise technical and financial cooperation instruments. But the focus is on mobilising additional funds for investments in climate-friendly technologies that will support transformation towards a sustainable, low-carbon development path in a partner country.