Connecting multilateral climate finance to mitigation projects: a guide to the multilateral climate finance landscape of NAMAs
A new guide provides insights on how to access public and private climate finance resources. In the research paper for Mitigation Momentum, Ecofys has investigated the landscape of multilateral climate finance for Nationally Appropriate Mitigation Actions (NAMAs). The paper seeks to enlighten government representatives and project developers on the available multilateral funding options for NAMAs and climate mitigation actions in general. The paper focuses on the six largest multilateral development banks and the Green Climate Fund. While the latter has only been operational since 2015, governments have agreed in the international climate negotiations that a major share of new multilateral climate financing will be channelled through this Fund. Considering the importance of private sector investments in climate projects, Ecofys also analysed the International Finance Corporation, a member of the World Bank Group that exclusively focuses on the private sector.