In 2016, the Registry of Nationally Appropriate Mitigation Actions (NAMAs) continued to experience an increase in the number of users and NAMA entries submitted by them for recording in the registry. As at 1 September 2016, the registry recorded the matching of 16 NAMA entries with the available support sources within the registry, which amounted to USD 34.93 million.
The NAMA Registry is a public online platform developed by the UNFCCC secretariat in 2013 at the behest of governments to support developing countries in implementing actions to reduce their greenhouse gas emissions. The registry has now emerged as a trusted and transparent tool for official planners and supporters of NAMAs, and for other investors looking for the many interesting opportunities which developing country projects offer.
Since 2010, developing countries have made great efforts in preparing their NAMAs, which have the dual objective of contributing towards national sustainable development goals and to global efforts to address climate change. They are also an important tool for developing countries in implementing their Nationally Determined Contributions (NDCs) under the Paris Agreement.
As at 1 September 2016, the registry contained a total of 136 NAMAs seeking support for preparation, implementation or recognition. Of these, 47% are seeking support for preparation, 46% for implementation and 7% for recognition. The recorded NAMA entries demonstrate a wide regional distribution, with most coming from countries in Latin America and the Caribbean (32%), closely followed by Asia-Pacific (30%) and Africa (24%).
The preferred type of action indicated in the recorded NAMA entries was developing and implementing national/sectoral policies or programmes with the aim of reducing greenhouse gas emissions in a particular sector. The developing countries also showed interest in attaining their national/sectoral goals through implementation of NAMAs.
A total of USD 8.23 billion of international support was being sought by all NAMA entries in 2016, made up of USD 6.81 billion in finance, USD 1.38 billion in technology, and USD 38 million in capacity-building. As at 1 September 2016, the registry recorded the matching of 16 NAMA entries with the available support sources within the registry, which amounted to USD 34.93 million.
The NAMA registry also allows users to report support received or provided from the sources which are not listed in the registry. Such support, in the form of technical support, grants and concessional loans, amounted to approximately USD 2.8 billion.
In addition to providing assistance in using the registry and identifying potential sources of support for the NAMAs listed there, in 2016 the secretariat organized 3 NAMA Market Place sessions at various events in order to initiate interaction among NAMA hosts and potential public donors and private investors. Five NAMAs were presented at the NAMA Market Place held during the Africa Carbon Forum in Kigali, Rwanda, from 28 to 30 June 2016, and four during this year’s Asia Pacific Carbon Forum from 5-7 September on Jeju island, Republic of Korea.
The latest NAMA Market Place for the LAC region was held from 28 to 30 September in Panama City, Panama, where three NAMAs were showcased. They included a NAMA in the oil and gas sector with significant mitigation potential. The event was attended by important potential investors such as the Development Bank of Latin America (CAF) and the Green Climate Fund, and there was strong expression of interest in providing funding. In 2017, the secretariat will continue its efforts with a view to engaging with and supporting Parties and entities in the effective and increased use of the registry.
A side event will be held on Thursday, 10 Nov 2016 from 18:30 to 21:00 on the margins of COP 22 that will give Parties an opportunity to exchange views on updated information on NAMAs and support for NAMAs under the registry, including the extent of matching between them.
The report can be accessed here.