Funding Available for Climate Change Mitigation Projects

Funding Available for Climate Change Mitigation Projects

The Call for Projects 2024 was announced and launched on 6 December 2023 at a high-level event at COP28 in Dubai, at the NDCP Pavilion. Similarly to the previous Call for Projects 2023, the new Call has a funding volume of up to EUR 100 million.

Both the British and German governments have restated their commitment to the Facility in the form of renewed pledges. The British Government announced in September 2023, that it pledges a further £100 million to the Facility over a 3-year period. The German government announced during the event at COP28, that it intends to pledge EUR 40 million to the Call for Projects 2024 of the Facility.

In the new Call, the most ambitious and feasible climate change mitigation projects are selected for funding support through a comprehensive process including the following phases: Concept Phase; Outline Phase; Detailed Preparation Phase (DPP); and Implementation Phase. The Project Concept Phase preceding the development of Project Outlines has been introduced to simplify the application process and open the competition to a wider range of potential Applicants and partners.

Given the focus of the Mitigation Action Facility on three priority sectors of energy, industry and transport, the Facility can significantly contribute to initiatives like the Global Renewables and Energy Efficiency Pledge, the Just Energy Transition Partnerships (JETPs) and the Climate Club.

Where relevant, synergies with and a clear reference to the political agreement of the JETPs as well as the consecutive papers (such as an investment plan or an implementation plan) and the Climate Club priorities on transforming industries in the respective countries are highly encouraged.

General information about the Call

Key Features

  • Three priority sectors – energy, transport, industry – and support to cross-sectoral
    projects linked to one of the priority sectors

  • Continued focus on the implementation of Nationally Determined Contributions (NDCs), as well as emphasis on long-term strategies (LTS), the United Nations Framework Convention on Climate Change (UNFCCC) processes and global cooperation (NDC Partnership)

  • Provision of a grant-based funding for projects that combine technical assistance and financial cooperation targeting market-based, sustainable and scalable financial mechanisms

  • Overall funding volume of the Call of up to EUR 100 million as well as an upper funding volume of EUR 25 million per project

  • A simplified application process featuring a competition of Project Concepts, preceding the submission of Project Outlines

  • A limit of 10 Project Concepts per Applicant including its regional representations and /or subsidiaries

  • An upper limit of up to 25 Project Concepts selected to proceed into the Project Outline Phase in which further, more detailed, elaboration of the project needs to take place

  • Tailored support in the Outline development provided to a small number of Project Concepts (out of the 25 selected for the Project Outline Phase) submitted by Applicants that have limited previous experience with the Mitigation Action Facility (and its predecessor, the NAMA Facility)

  • Piloting modality for novel technologies
    Public and private actors invited to submit Project Concepts

    How to Apply

    For more information and job application details, see; Funding Available for Climate Change Mitigation Projects

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