Tag: M

A climate fund jointly established by the governments of Germany and the United Kingdom and co-funded by the Danish government the European Union and the Children’s Investment Fund Foundation (CIFF). Formerly known as the NAMA Facility and renamed in 2023, it provides financial support to developing countries and emerging economies that show leadership on tackling climate change and that want to implement transformational country-led mitigation actions within the global mitigation architecture, specifically implementation of Nationally Determined Contributions (NDCs) and long-term strategies (LTS). Learn more about the governance of the Mitigation Action Facility.

A broad range of concrete instruments and activities developed and implemented in order to meet the objectives of Nationally Determined Contributions (NDCs) to achieve the goals of the Paris Agreement. Under the Mitigation Action Facility, mitigation actions / measures are focused on driving decarbonisation in priority sectors, including energy, transport and industry.

Human intervention to reduce the sources or enhance the sinks of greenhouse gas (GHG). Examples include using fossil fuels more efficiently for industrial processes or electricity generation, switching to solar energy or wind power, improving the insulation of buildings, and expanding forests and other ‘sinks’ to remove greater amounts of CO₂ from the atmosphere.

This is one of the ambition criteria of the Mitigation Action Facility and describes the direct and indirect greenhouse gas emission (GHG) reductions caused by the project. The mitigation potential is also reflected in one of the mandatory core indicators of the Mitigation Action Facility.