With 184 Nationally Appropriate Mitigation Actions (NAMAs) under development, and only 19 having secured (partial) funding, a large gap remains at NAMA implementation level.
This is one of the findings of the Annual NAMA Status Report 2016 by Ecofys and the Energy research Centre of the Netherlands (ECN), which was launched during the recent UN Climate Change Conference (COP22) in Marrakech, Morocco.
Now that the historic Paris Agreement has entered into force, the two current themes for climate change mitigation are increasing ambition and moving toward implementation of countries’ climate action plans known as Nationally Determined Contributions (NDCs.) Although the Paris Agreement does not explicitly mention NAMAs, it requests Parties to implement mitigation actions to achieve their overall mitigation objectives, as articulated in their NDCs. NAMAs can meet the needs of the Paris Agreement as implementing vehicles for NDCs, especially since they are designed to align with national development targets and low emission strategies, and provide the right level of transparency.
This 2016 Annual NAMA Status Report takes stock of how far NAMAs have come, looks back on the early beginnings of the NAMA concept, where we are now in terms of development, implementation and finance, and attempts a glance at the future of NAMAs in a new climate regime.
With a view to the many NAMAs that are still looking for financing, the 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:
- The aforementioned financiers are generally open to financing NAMAs if certain funding requirements are met.
- Financiers offer support to countries to transform their NAMA proposals into fundable proposals that meet the respective funding requirements.
- 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 report concludes that the concept behind NAMAs still holds great value and that NAMAs can continue to play an important role in reaching common climate goals.