Mobilizing Climate Finance for NDCs: Lessons in Strategy from Grenada
The implementation of NDCs requires substantial resources. Therefore, developing targeted and effective resource mobilization strategies is critical for countries to secure climate finance, both international and domestic, as well as public and private, while also fostering partnerships for transformational change. Grenada submitted its second NDC to the United Nations Framework Convention on Climate Change (UNFCCC) on 30 November 2020, with a target to reduce 40% of emissions by 2030, based on 2010 levels, being conditional on receiving external funding. Its National Adaptation Plan (NAP) 2017-2021 is also in the process of being updated.
Read the full blog on the Commonwealth's website here.