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The Role of NAMAs Explained in One Picture

Coinciding with the Global NAMA Financing Summit, CCAP released An Emerging Architecture for NAMA Finance, which describes how nationally appropriate mitigation actions (NAMAs) can drive climate mitigation in developing countries.

The NAMA mechanism calls for greenhouse gas mitigation actions by developing countries in the context of sustainable development, supported and enabled by technology, financing and capacity building, and in a measurable, reportable and verifiable manner. NAMAs offer a framework to achieve broad-based climate actions in developing countries that contribute to meeting developing country greenhouse gas mitigation targets while realizing priority development objectives.

Learning from the successes and limitations of the CDM – as well as from past unilateral, bilateral and multi-lateral programs, as showcased in CCAP’s The Road to NAMAs: Global Stories of Successful Climate Actions and Climate Finance Works – the NAMA framework offers a way to target international climate finance to have a far-reac