Dec 11, 2014
In addition to the founding partners of the NAMA Facility – Germany and the UK – Denmark and the EU Commission announced that they would join the Facility as additional donors and provide funds towards a third call. Rasmus Helveg Petersen, Denmark’s Minister for Climate, Energy and Building, said
“The NAMA Facility provides valuable lessons in terms of how international climate finance can help support transformational change towards sustainable low-carbon development paths in developing countries by implementing ambitious NAMAs. I hope that our financial support will encourage more developing countries to advance innovative and transformative NAMAs ready to apply for climate financing. This available climate funding will also hopefully help boost global ambition for pre-2020 mitigation reductions, which is so urgently needed.”
The addition of new donors to the NAMA Facility is extremely welcome and shows the donors’ strong commitment to support the implementation of highly ambitious and transformative NAMAs. It also provides a strong signal to governments of developing countries to focus more on the preparation of NAMAs that are ready for implementation.
More detailed information with regard to the timeframe, the criteria and the templates for NAMA Support Project Outlines will be made available online in early 2015.