The Mitigation Action Facility’s Theory of Change (ToC) explains the causal pathways through
which its activities create a chain of results leading to the outputs that help achieve the intended
programme outcome and impact. This document represents the situation in 2026, building on
lessons learnt since the launch of the Mitigation Action Facility’s predecessor, the NAMA Facility,
in 2012. The intention is to revise this ToC narrative document regularly, in conjunction with
general ToC updates.
The intended target audience of the ToC includes projects, potential applicants, partner
governments, and the wider climate finance community.
