Technical assistance for NAMA potentials

In the Mediterranean Partner Countries

To shift towards low-emission and climate-resilient development pathways, Mediterranean Partner Countries (MPCs) need about approximately EUR 300 billion for infrastructure projects by 2030. The MPCs also need to make institutional, legal, and regulatory reforms to achieve and move to low-carbon growth as well as to secure the level of private sector engagement needed to confront the effects of climate change. At the same time, they need to create an enabling financial environment. In May 2011, the MPCs initiated a process that was to these goals through a joint declaration including a request for assistance to the European Investment Bank (EIB). Following in 2015, the EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) and the EIB started a cooperation on the implementation of energy-related activities. The cooperation will be set in the framework of the regional study on the “Potential for Nationally Appropriate Mitigation Actions (NAMA) in the Mediterranean Partner Countries” that is expected to be published in December 2017.

Ecofys, a Navigant Company, and its partner Alcor will assist EIB and EUEI PDF in mapping and analysing NAMAs currently proposed and developed in the MPCs. The targeted MPCs are Egypt, Jordan, Lebanon, Morocco, Palestine, and Tunisia. The project team will, together with stakeholders, identify and prioritise climate change mitigation projects or programmes that were developed through the NAMA mechanism, focusing specifically on maximising private sector participation in the energy sector. Furthermore, the project will identify policies that are aimed to improve the investment environment. This will be backed up with information on using relevant finance instruments to reinforce the public sector’s ability to deliver the project or programme. More specifically, Ecofys will be responsible for coordinating the project and leading the research and analysis, and for conducting the country missions and engaging with local stakeholders.  

The expected outcomes of the study are to:

  • Facilitate the development of NAMAs in the MPCs.
  • Contribute to assessing what environment is required for international financial institutions to finance the different NAMAs.
  • Support the creation an enabling environment for international financial institutions to finance the different NAMAs. 
  • Identify obstacles for private investments to co-finance NAMAs.
  • Specify the foreseen opportunities of co-financing public NAMAs.
  • Enhance private sector participation in NAMAs.

Further information can be found here: euei-pdf.org

Contact

Noémie Klein
Climate Strategies and Policies
E-mail
Karoline Steinbacher
Energy Policies
E-mail
Coraline Bucquet
Climate Strategies and Policies
E-mail
(CC0) Pixabay/GerDukes