Today, at the 22nd UNFCCC international climate negotiations, the Netherlands Government announced it will provide first funding to launch a new a consortium that will support countries in implementing their nationally determined contributions (NDCs).
The Global NDC Implementation Partners (GNIplus), bring together the combined policy, technical, financial, governance, and legal expertise of AECOM, Baker & McKenzie, Climate Policy Initiative, and Ricardo Energy and Environment to help selected countries develop and enhance the legal, policy, financial, institutional, and governance frameworks to drive economy-wide transformations in energy and land use. It will support governments to mobilize private investment at scales that can deliver impact on climate change and sustainable development within the context of the Paris Agreement and Sustainable Development Goals.
The Netherlands commitment opens the doors for GNIplus to begin working with a first pilot country, Kenya. GNIplus will support the Government of Kenya to plan and mobilize finance for projects that build resilience, contribute to mitigation goals and create a foundation for sustainable and inclusive development.
Lilianne Ploumen, Minister for Foreign Trade and Development Cooperation of the Netherlands said “The Netherlands is committed to supporting developing countries in achieving tangible results in the fight against climate change. The private sector has to be part of that. This new initiative brings together world-leading expertise in engineering, project management, financial analysis and innovation to help the private sector invest in new green markets. This way we can move from climate plans to climate action, with the private sector leading the way.”
Jane Wilkinson, Director at CPI said, “The GNIplus partners have a track record of local knowledge and strong engagements with national governments and actors that will enable us to quickly drive transformational change in support of climate action and sustainable development. The Netherlands commitment is exciting because it allows us to get started right away in Kenya, a first, important step toward taking this to scale.”
For more information about GNIplus, please contact GNIplus@cpiclimatefinance.org.
Climate Policy Initiative is a team of analysts and advisors that works to improve the most important energy and land use policies around the world, with a particular focus on finance. CPI has offices and programs in Brazil, China, Europe, India, Indonesia, and the United States.