As developing countries elaborate implementation plans for their Nationally Determined Contributions (NDCs), they are considering the role that the mobilization of private investment can play in achieving their climate and sustainable development goals. Many developing countries are looking to identify effective options to engage the private sector, including working with international partners.
The Center for Clean Air Policy (CCAP) engaged with partners, including national governments, representatives of private sector firms and financial institutions, the GCF, multilateral and bilateral finance institutions, and civil society experts, on key issues around effective engagement of the private sector to support climate action in line with NDCs. To further the conversation, CCAP brought these partners together for a one-day dialogue in May 2017. The dialogue helped to refine the issues identified by CCAP in a working draft of this paper, raised other ideas, and strengthened the ideas and recommendations presented here.
Highlights
- NDC
- Climate Finance
- Public Private Collaboration