The Mitigation Action Facility supports decarbonisation in ODA-eligible countries by enabling and accelerating structural transformation of economies and societies towards carbon-neutral pathways.
As an agile, country-driven, multi-donor climate finance mechanism, the Mitigation Action Facility identifies climate mitigation projects through its competitive, sector-focused Call for Projects with high-risk appetite to develop a pipeline of investment-ready projects capable of mobilising additional public and private finance over time.
The Mitigation Action Facility supports ambitious and feasible climate mitigation projects in emerging markets and developing economies through climate finance and technical assistance aligned with global and national climate goals.