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Title:
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Using financial mechanisms in the development of NAMAs in Colombia, Chile and Kenya
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Author(s):
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Tilburg, X. van; Surratt, L.Y.; Johnson, B; Röser, F.; Kooshian, C; Falzon, J.P.J.
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Published by:
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Publication date:
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ECN
Policy Studies
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17-6-2014
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ECN report number:
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Document type:
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ECN-O--14-027
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Other
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Number of pages:
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Full text:
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20
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Download PDF
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Abstract:
This collection of case studies highlights four climate programs currently under development in Colombia, Chile and Kenya. They showcase nationally appropriate mitigation actions (NAMAs) being developed with the technical support of the Center for Clean Air Policy (CCAP), Ecofys and the Energy Research Centre of the Netherlands (ECN), and describe a variety of financial instruments being designed into the programs to leverage donor funding. These case studies are intended to help illustrate how different financial mechanisms, including concessional loans, guarantees and equity financing, can increase the impact of donor funding to achieve transformational change to a low-carbon economy. The use of different financial mechanisms is particularly relevant as developing countries are now designing NAMAs and begin to seek international support for their implementation. In addition, these case studies can help inform the Green Climate Fund (GCF) Board as it considers the use of different instruments in implementing the Fund.
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