German Federal Environment Minister Peter Altmaier and Edward Davey, Secretary of State for Energy and Climate Change in the UK, have launched the NAMA Facility to support partner countries to implement ambitious action against climate change.
The NAMA Facility is designed to support developing countries that show
strong leadership in tackling climate change and want to implement
transformational Nationally Appropriate Mitigating Actions (NAMA).
Transformational NAMAs are projects, policies, or programmes that shift a
whole technology or sector in a country onto a low-carbon development
At the launch event, Dr Francisco Barnes, President of the Mexican National Institute of
Ecology and Climate Change (INECC), presented the first
project the Facility intends to fund, a programme for sustainable new housing. The project will pave the way towards a broad implementation of
sustainable housing, which focuses on the total energy performance of a
Minister Davey said: “Climate change is a global threat and with every
passing year, the nature and the extent of that threat grows clearer.
Climate finance is fundamental to building resilience and capacity for
countries to mitigate and adapt to climate change. I’m delighted to
announce today a joint partnership with the German Government to help
support those developing countries that are taking ambitious action to
close the gap to 2°C. This will enable us to work in partnership with
developing countries to deliver more results in more places.”Read more about the NAMA Facility