Resilience

Refers to three conditions that enable a social or ecological system to absorb change and not fundamentally fall apart. The conditions are: ability to self-organize, ability to buffer disturbance and capacity for learning and adapting. SOURCE: A Guidebook for the Design and Establishment of National Funds to Achieve Climate Change …

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Public-Private Partnership (PPP)

A government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. PPP involves a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes …

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Private equity

Investors focus on later stage and more mature technology or projects, and generally expects to exit their investment and make their returns in a three to five-year timeframe. SOURCE: A Guidebook for the Design and Establishment of National Funds to Achieve Climate Change Priorities – UNDP

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Objectives of an NCF

Objectives are the strategic goals of an NCF. This can include mitigation, adaptation, REDD, capacity building, technology or other programmatic priorities, as well as management priorities such as attracting private sector investment. SOURCE: A Guidebook for the Design and Establishment of National Funds to Achieve Climate Change Priorities – UNDP

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National Implementing Entity (NIE)

Under the Adaptation Fund, NIEs are the national legal entities that have been identified by the Adaptation Fund Board as meeting the fiduciary standards adopted by the Board and accredited as NIE. NIEs can access funds directly for implanting climate change projects. SOURCE: A Guidebook for the Design and Establishment …

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National Climate Fund (NCF)

An NCF is a mechanism that supports countries to direct finance toward climate change projects and programmes by facilitating the collection, blending, coordination of, and accounting for climate finance. NCFs provide a country-driven system that can support climate change goal setting and strategic programming, oversee climate change project approval and …

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National Adaptation Plan (NAP)

While NAPA focus on urgent and immediate needs, a NAP targets medium and long-term adaptation needs. NAPs can be undertaken by all countries. SOURCE: A Guidebook for the Design and Establishment of National Funds to Achieve Climate Change Priorities – UNDP

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National Adaptation Programme of Action (NAPA)

Under the UNFCCC process, NAPAs provide a process for Least Developed Countries to identify priority activities based on urgent and immediate needs to adapt to climate change. LDCs submit NAPAs to the UNFCCC and can receive funding to implement the priority activities identified. SOURCE: A Guidebook for the Design and …

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Nationally-Appropriate Mitigation Action (NAMA)

Established under the UNFCCC process, a NAMA refers to a set of policies and actions countries undertake as part of a commitment to reduce greenhouse gas emissions. SOURCE: A Guidebook for the Design and Establishment of National Funds to Achieve Climate Change Priorities – UNDP

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Multi-Donor Trust Funds (MDTFs)

MDTFs are a type of NCF that is generally established to support specific country and/or global level strategic priorities that may be defined in national plans, UN Development Assistance Frameworks (UNDAFs), “Delivering as One” Frameworks, etc. Generally, an MDTF relies on UN agencies for implementation services. SOURCE: A Guidebook for …

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