Achieving NDC goals will require substantial investments in support of low-carbon, climate-resilient infrastructure and most of those investments will come from the private sector. Nationally Appropriate Mitigation Actions (NAMAs) are one tool for implementing NDCs that can be used to leverage domestic or international public support to mobilize private investment at scale. CCAP, along with UNEP-DTU and NewClimate Institute, recently released a policy brief that looks at how to develop NAMAs that create favorable conditions for low-carbon investment. This entails considering three main dimensions: improving policy and institutional frameworks, addressing financial risks and returns, and identifying projects and demonstrating feasibility.
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