Nov 09, 2021

NAMA Facility Announces Second Round of Funding through the ‘Ambition Initiative’

The NAMA Facility’s portfolio, which includes a total of 43 carbon reduction projects

 

Since the closure of the Ambition Initiative Call in May 2021, several additional countries have submitted NDC updates. This development has been gaining further momentum in the run up to the UN Climate Change Conference UK 2021 (COP26). At COP26, held in Glasgow from 31 October to 12 November, the Nationally Appropriate Mitigation Action Facility (NAMA Facility) has announced Ambition Initiative - Round Two. This funding opportunity of up to EUR 100 million will support Official Development Assistance (ODA)- eligible countries to strengthen the implementation of ambitious and enhanced NDCs.

With contributions from the UK and German governments and the Children’s Investment Fund Foundation (CIFF), Ambition Initiative – Round Two will offer developing countries and emerging economies another opportunity to submit NAMA Support Projects (NSPs) based on their updated NDCs to further mobilise ambitious climate action as countries recover from the Covid-19 pandemic.

Commenting on the NAMA Facility in 2021, Minister Svenja Schulze of the German Ministry of Environment, Nature Protection and Nuclear Safety said:

"The second call of the NAMA Facility’s Ambition Initiative comes exactly at the right time. With the Ambition Initiative we stand ready to support the implementation of ambitious NDCs and economic development towards climate neutrality. We are looking forward to innovative ideas and project proposals from implementing organizations from all over the world that make climate action a reality."

The UK Clean Growth, Energy and Climate Change Minister Greg Hands said:

“The UN COP26 climate summit has demonstrated the importance of supporting countries in all parts of the world, if we are to keep the 1.5C degrees target within reach."

“Backed by £63 million of government funding, the UK is stepping up to support the NAMA Facility’s Ambition Initiative which will help developing countries fulfil their climate ambitions, reduce emissions and build greener and more resilient economies”

In response to the Ambition Initiative – Round Two launch, Kate Hampton, CEO of the Children’s Investment Fund Foundation, stated: 

“Every country needs to enhance their climate goals and accelerate delivery - but the right support is crucial to translate ambitions into action. The NAMA Ambition Initiative is essential to support developing countries and emerging economies in their transition.”

The second round of the Ambition Initiative Call for Outlines will remain open from 9 November 2021 until 30 April 2022. The second round will once again support a combination of technical and financial assistance to allow partner countries to fulfil their climate commitments, while fostering carbon-neutral economic development and green recovery efforts.

The NAMA Facility currently oversees a diverse portfolio of projects at household and industrial levels in 28 developing countries and emerging economies in Asia, Africa and Latin America. Sectors relevant to reducing carbon emissions feature in the NAMA Facility portfolio, notably renewable energy, energy efficiency, transportation, agriculture, land use, forestry and waste. So far, NAMA Support Projects have contributed to 5.1 million tons in greenhouse gas emissions reductions (CO2e), the equivalent of taking 1.1 million passenger vehicles off the road for one year1.

Through the Ambition Initiative – Round Two, the NAMA Facility wants to signal to potential applicants that if developing countries and emerging economies are eager to ramp up the implementation of ambitious NDCs, support is available.

Download application documents for Ambition Initiative – Round Two here.

 


1. U.S. Environmental Protection Agency: Greenhouse Gas Equivalencies Calculator

The NAMA Facility is a multi-donor initiative, which stands out by providing a combination of technical and financial support to developing countries and emerging economies that show leadership on tackling climate change.

It was jointly established by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) and the UK Department for Business, Energy and Industrial Strategy (BEIS) in 2012. The Danish Ministry of Climate, Energy and Utilities (KEFM) and Ministry of Foreign Affairs (MFA) and the European Commission joined as Donors in 2015. In 2021, the Children’s Investment Fund Foundation (CIFF) joined the Ambition Initiative Call supporting it as an additional Donor.

Applications for the Ambition Initiative – Round Two will be expected to demonstrate a clear link to countries’ first updated or second NDCs. In addition, projects need to demonstrate that they can contribute to the following aspects:

  1. accelerating green recovery (e.g. creation of green jobs)
  2. supporting a country in aligning its climate action with the NDC Partnership Plan (if one exists).

The Ambition Initiative – Round Two, similarly to the first round, also welcomes projects piloting novel low-carbon technologies to foster innovation and green growth.

All relevant application material for the development of project applications are published and available on the NAMA Facility website.