Mitigation Action Facility

Mitigation Action Facility

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Legal residence:Germany
Organization type:NGO
Funding agencies:Other
Other
Sectors:Energy, Environment & NRM, Industry, Commerce & Se ...
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Energy, Environment & NRM, Industry, Commerce & Services, Pollution & Waste Management (incl. treatment), Transport
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About

The Mitigation Action Facility – an agile, grant-based multi-donor fund – drives sectoral decarbonisation. The Mitigation Action Facility, evolved from the NAMA Facility in 2023, as a go-to platform for providing technical support and climate finance for ambitious mitigation projects with an aim of decarbonising key sectors of the economy and society.

It continues to fund ambitious climate change mitigation projects to implement Nationally Determined Contributions (NDCs) and long-term strategies (LTS) that are central to meeting the Paris Agreement goals.

The Facility primarily focuses on three priority sectors – energy, transport and industry, but remains open to cross-sectoral projects linked to one of the priority sectors. As highlighted in the IPCC’s Sixth Assessment Report, energy, transport and industry cumulatively account for more than 40 GtCO2e, or 67% of global annual GHG emissions (as of 2021). To shift the targeted sector towards a carbon-neutral development pathway, the Mitigation Action Facility selects innovative projects that can catalyse sector-wide transformational change.

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