Annual NAMA Status Report 2016

Published: 12/11/2016

The Annual NAMA Status Report 2016 finds that a large gap remains between the number of Nationally Appropriate Mitigation Actions (NAMA) under development (184) and those that have managed to secure (partial) funding and have entered the implementation stage (19). With a view to the many NAMAs that are still looking for financing, this report captures the experience and expectations of representatives of the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), the Inter-American Development Bank (IDB), and the World Bank related to NAMA financing. Three common themes emerge from the contributions: 

  1. The aforementioned financiers are generally open to financing NAMAs if certain funding requirements are met. 
  2. Financiers offer support to countries to transform their NAMA proposals into fundable proposals that meet the respective funding requirements. 
  3. The most important financiers’ funding requirement is country ownership. However, it is not sufficient if a national sector ministry or agency drives the NAMA development and approaches the respective financiers with a funding request. The communication channel chosen to convey such a request is crucial.

The latest report of the NAMA Status Report series under the Mitigation Momentum Project, funded by the International Climate Initiative of the German Ministry for the Environment, has been launched during COP22 in Marrakech, Morocco, and is a joint project by Ecofys and ECN.

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The 2016 report can be accessed via NAMA Status Report 2016.