The CP4D is a facility designed 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.
The latest
Data is highlighting government efforts to address climate change, and helping identify the gaps, investment priorities, and policies which will allow Chile to address climate change impacts in the…
Finance is about to undergo a major transformation in the next decade as capital needs to be reallocated to stabilize Earth’s climate. How close are we to a tipping point in the finance sector? How…
Since May 2019, UNDP, with the collaboration of the Viet Nam Ministry of Planning and Investment (MPI), has introduced the Climate Business Index – a national disclosure and assessment system for the…
The Blue Congo Basin Fund aims at mobilizing the necessary resources, from African States, public and private funders, to finance the implementation of programs and projects which contribute to the…