A Facility to incentivize private investments into countries’ NDC targets and development objectives.

The Carbon Payments for Development Facility (CP4D) draws on decades of UNDP experience using carbon finance to stimulate investments for emission reductions and sustainable development impacts and draws on the research on global investment in climate action under the UNDP NDC Support Programme.

The Facility is in line with the Paris Agreement, particularly Article 6.1, which highlights how voluntary cooperation in the implementation of NDCs will allow for higher ambition. The Facility is also in line with Article 9, which highlights the need to increase climate finance volumes.

The brochure outlines the concept for the CP4D Facility, along with its objectives, value proposition and operational set up.