Connecting multilateral climate finance to mitigation projects

A guide to the multilateral climate finance landscape of NAMAs

Ecofys investigates the landscape of multilateral climate finance for NAMAs as part of the Mitigation Momentum project. The paper seeks to enlighten government representatives and project developers on the available multilateral funding options for NAMAs and climate mitigation actions in general. Most importantly, it provides light on how they can access these resources.

The paper focuses on the six largest multilateral development banks and the Green Climate Fund. While the latter has only been operational since 2015, governments have agreed in the international climate negotiations that a major share of new multilateral climate financing will be channelled through this Fund. Considering the importance of private sector investments in climate projects, Ecofys also analysed the International Finance Corporation, a member of the World Bank Group that exclusively focuses on the private sector.

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Angélica Afanador
Climate Strategies and Policies