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This article discusses the Caribbean NDC Finance Initiative (NDCFI) and its role in catalyzing and advancing regional NDC investment. It highlights the progress made, ongoing actions, and emerging lessons in NDC implementation, emphasizing the importance of strategic partnerships and the involvement of the private sector.
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PURSUING REGIONAL COOPERATION ON NDC IMPLEMENTATION: THE CARIBBEAN NDC FINANCE INITIATIVE (NDCFI) Global NDC Conference 2019 12th-14th June, Berlin E. Crispin d'Auvergne Climate Change & Disaster Risk Management Unit Environmental Sustainability Cluster OECS Commission
COMES-5 Mandate The 5th OECS Council of Ministers (COMES5): i. Noted the steps taken and progress made in advancing NDC implementation, consistent with the mandate emanating from COMES-4; ii. Endorsed the NDCFI as a process for catalysing and advancing regional NDC investment iii. Committed to supporting the NDCFI, including the first NDC Forum
NDCFI 2019-2020 Roadmap Immediately after the Forum, the planning partners commenced planning for follow-up action and identified several critical intervention areas, but decided to focus on the following as priorities for 2019-2020:
Emerging Lessons To date, overall investment in NDC investment has been relatively low Progress on NDC implemention varies between sectors and between countries. Support, not supplant, Member States in their NDC implementation efforts Careful mapping of needs and opportunities, and strategically addressing these, can make a meaningful impact; Establishing robust partnerships has proven beneficial in building credibility and confidence The private sector is a key (non-traditional) stakeholder whose participation will prove critical to the NDCFI
THANK YOU! CONTACT: E. Crispin d’Auvergne: crispin.dauvergne@oecs.int