Accelerating public and private climate-friendly investments for resilient development
Mobilising adequate financial means from public and private sources is crucial for the success of national climate pledges and strategies. In this regard, the NDC ACTION project helps the Moroccan government in identifying investment priorities and analysing financial instruments that can support the sector-specific implementation of the country’s LT-LEDS. In this way, the project seeks to facilitate the development of government-led, climate-smart investment plans in selected priority sectors.
In addition, NDC ACTION works towards engaging national financial institutions, companies and civil society organisations through targeted trainings and business dialogues. Likewise, the project offers to support project developers in drafting and submitting funding proposals to national, regional, and/or global financial institutions and/or funding mechanisms for the purpose of mobilising financial resources for ambitious climate action.
The national project work plan is currently being developed under the guidance of the Department of Sustainable Development. Depending on concrete support needs and the availability of funds, project activities may be added or modified.