Skip to main content
Report

From grants to guarantees: How the Mitigation Action Facility’s financial mechanisms transform NDC ambition into climate action

As the world faces an escalating climate emergency, mobilising finance at scale has become central to achieving global decarbonisation goals. Public resources alone cannot bridge the growing investment gap – unlocking private capital is therefore essential to drive transformational change. 

This new report by the MitigationAction Facility examines how its funded projects leverage catalytic finance–from grants to guarantees– to create enabling environments for carbon-neutral markets in emerging and developing economies. Drawing on portfolio analyses, evaluation findings, and stakeholder insights, it offers practical recommendations for policymakers, development practitioners, and financial institutions seeking to scale effective climate finance approaches in the lead-up to COP30 and beyond.