Germany and the UK provide additional funds for ambitious actions to mitigate greenhouse gas emissions in developing countries.
On 4 July 2016, the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) and the UK Department for Business, Energy and Industrial Strategy (BEIS) have committed to fund up to EUR 60 million for a 4th Call of the NAMA Facility. The NAMA Facility will continue to support developing countries and emerging economies in implementing the most ambitious NAMAs with a high potential for transformational change towards a low-carbon development trajectory.
The 4th Call of the NAMA Facility has been launched today at 5 pm and will run until 31 October 2016 (12 pm CEST/GMT+2). All relevant application documents are available at www.nama-facility.org. Changes in the 4th Call aim at simplifying the application procedures and strengthening the readiness and financial structuring of NAMAs.
“NAMAs are seen as an important vehicle to convert national commitments under the Paris Agreement into concrete actions as part of comprehensive implementation plans. Recognising the current and future role of NAMAs in the climate architecture, we continue to provide much needed tailor-made funding for their implementation in partner countries,” says German Federal Environment Minister Barbara Hendricks.
The NAMA Facility was established by BMUB and BEIS in 2012, Denmark and the European Commission joined in 2015. The donors have thus far held three competitive Calls for NAMAs starting in 2013. With the additional funding, more than EUR 260 million in funding is now made available by donors. The NAMA Facility already supports 14 NAMAs in Africa, Latin America and Asia.
In the context of international climate change negotiations, Nationally Appropriate Mitigation Actions (NAMAs) are defined as voluntary climate protection measures taken by developing countries and emerging economies, which are embedded within their plans for national development. These contribute to moving the respective country towards a low-carbon development path.
Support is provided for projects to carry out a range of financial and technical measures. However, the main focus is on the mobilisation of additional capital investments to foster transformational change in the partner country.