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Friday, March 29, 2024

UK, Germany commit 60m euros to seven NAMA projects

The United Kingdom and Germany have pre-selected seven NAMA Support Projects from the NAMA Facility’s 4th Call. These NAMA Support Projects will receive funding for their Detailed Preparation Phase.

cook-stoves
The Ugandan NAMA project aims at enhancing energy efficiency in schools with improved cook stoves

Germany and the UK have committed to fund up to €60 million for the 4th Call of the NAMA Facility. The NAMA Facility supports the implementation of ambitious Nationally Appropriate Mitigation Actions (NAMAs).

Countries receiving support for the Detailed Preparation Phase are:

The applications received by the NAMA Facility in the 4th Call illustrate the global reach and wide variety of actions targeted at emission reductions. Most national governments directly referred to their Nationally Determined Contributions (NDC) and the Paris Agreement in their applications. NAMAs can function as an important building block to implement NDCs under the Paris Agreement.

The NAMA Facility understands itself as a learning hub and is constantly seeking to increase the uptake of NAMAs under implementation. In this context, the NAMA Facility introduced a DPP Phase with the 4th Call. During this stage, financial support is provided for the detailed preparation of NAMA Support Projects. At the end of the DPP, based on the assessment of the submitted Proposals, the decision for funding for the implementation will be taken.

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