12 December 2020 – The NAMA Facility announced today that its Ambition Initiative Call is officially open for NAMA Support Project Outline submissions. The UK and German government, alongside the Children’s Investment Fund Foundation (CIFF), intend to commit EUR 174 million to the Ambition Initiative.
The Ambition Initiative targets an even higher level of ambition than in previous Calls of the NAMA Facility – it will support countries to implement their enhanced Nationally Determined Contributions (NDCs), and build back greener as they recover from the Covid-19 pandemic, in several ways:
Svenja Schulze, German Federal Minister for the Environment, said:
“We stand side by side with developing countries, especially in these challenging times. With the Ambition Initiative the German Environment Ministry, together with the British government and other partners want to support climate action projects in developing countries and emerging economies by providing funding of more than 170 million euros. We will provide targeted assistance to countries with especially ambitious climate targets. This funding will help them implement their NDCs and bring about a green recovery after the coronavirus pandemic.”
Lord Callanan, UK Minister for Climate Change, said:
“As host of COP26, the UK is dedicated to supporting countries to pursue more ambitious clean growth transitions – a charge we are leading from the front with our new UN climate target to reduce emissions in 2030 by at least 68% compared to 1990 levels – the highest NDC reduction target made by a major economy to date.
This dedication has been underlined with the contribution of £63 million to the Nationally Appropriate Mitigation Action Facility (known as the NAMA Facility) to help countries go further and faster in reducing harmful emissions, while building back better and greener from the Covid-19 pandemic.”
Sonia Medina, Executive Director, Climate Change at CIFF said:
“As countries roll-out fiscal stimulus in response to Covid-19 crisis, there is an urgent imperative to ensure that stimulus spending leads to a green recovery. CIFF is excited to join the NAMA Facility to provide resources to ambitious climate projects that will work to leverage this aim; supporting the Ambition Initiative will reduce emissions while creating jobs and rebooting economies in developing countries.”
To support applicants during the Ambition Initiative, the TSU provides all the necessary application materials on this website, including an updated General Information Document, accessible here.
Three webinars will be held to introduce applicants to the Ambition Initiative and support them throughout the Outline development process. The first webinar will be held on 3 February 2021. For specific inquiries pertaining to the Ambition Initiative, please consult the policy on clarification responses here.
The Ambition Initiative closes at 3 pm CEST/GMT+2 on 31 May 2021. By this time, all Outlines and related application materials must be delivered to the TSU of the NAMA Facility via the following email address: contact(at)nama-facility.org.
Following established NAMA Facility project selection procedure, submitted Outlines will undergo a thorough evaluation process. The NAMA Facility’s Board will then select the Outlines to receive support in the Detailed Preparation Phase. During this phase, applicants are provided with financial support to further elaborate Outlines into fully fledged Proposals. A second evaluation process is then undertaken to assess Proposals, and those approved by the NAMA Facility Board will enter the Implementation Phase.
Founded in 2012, NAMA Facility Donors – the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU); the UK Department for Business, Energy and Industrial Strategy (BEIS); the European Union and the Danish Ministry of Climate, Energy and Utilities (KEFM) – have until now made available up to EUR 483 million for NAMA Facility climate action.
Read about the application material for Ambition Initiative – Round Two.
Read the General Information Document for Ambition Initiative – Round Two.
Read the Clarifications & FAQs of Ambition Initiative – Round Two.
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