Financing and implementing nationally determined contributions

Context

The global NDC Partnership (NDCP) was established in 2016 to support developing countries and emerging economies in achieving their nationally determined contributions (NDCs) in line with the 2030 Agenda. Since then, selected member countries have been supported in implementing their climate goals and making them more ambitious – with importance placed on paying special attention to gender-sensitive aspects in the financing and implementation of climate measures.

Objective

Member countries and actors of the global NDC Partnership and the private sector have greater capacity to finance and implement nationally determined contributions, taking gender-sensitive aspects into account.

Approach

The project is divided into four components:

• It provides technical and strategic advice on financing strategies and investment plans and on how to integrate climate goals into economic stimulus programmes.
• It oversees the Pacific NDC Hub, which supports in reviewing, improving and implementing the NDCs of Pacific Island countries.
• It promotes and scales up the business models of small and medium-sized enterprises that provide technology and services relevant to climate change adaptation. It also supports investments in climate change adaptation and resilience.
• It improves strategic capacities to better utilise international market mechanisms in line with Article 6 of the Paris Agreement.

Another focus is on exchanging knowledge between NDCP actors in order to develop NDC financing and incentive instruments.

It cooperates with the private equity fund CRAFT (Lightsmith Group) and the Acumen Resilient Agriculture Fund.

The project is cofinanced by the New Zealand Ministry of Foreign Affairs and Trade, the Australian Department of Foreign Affairs and Trade, the Green Climate Fund and the European Union.

Last update: April 2024