Increasing the ambition of the Nationally Determined Contributions and climate financing in the Central América

The document is a Readiness support proposal submitted by UNEP to the Green Climate Fund (GCF) for a project titled "Increasing the ambition of the NDCs and climate financing in the Central América." It targets five countries: El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic. The project aims to address gaps in regional coordination, institutional legal frameworks, and Monitoring, Reporting, and Verification (MRV) systems. Key objectives include designing market-based financial instruments to attract private sector investment, integrating NDCs with Sustainable Development Goals (SDGs) and COVID-19 recovery plans, and establishing a regional digital platform for investment information. The total requested amount is USD 1,249,986.00 for an implementation period of 18 months.

• Central America is identified as one of the most vulnerable regions globally to climate change, facing hazards such as tropical cyclones, floods, droughts, and heatwaves.
• The region's current climate commitments are deemed insufficient to limit global warming to 2°C or 1.5°C.
• There is a critical lack of regional coordination for climate change, and national MRV and M&E systems are not consistent with the Enhanced Transparency Framework (ETF) of the Paris Agreement.
• The proposal identifies a significant gap in private sector involvement, noting a lack of financial and market-based instruments and a lack of a private sector portfolio of actions to support NDCs.
• The project will establish a regional coordination mechanism through the Central American Commission for Environment and Development (CCAD) to harmonize NDCs and increase ambition.
• A key objective is to align updated NDCs with other global and national priorities, specifically the 2030 Agenda, Sustainable Development Goals (SDGs), biodiversity goals, and green recovery plans following the COVID-19 crisis.
• The project intends to develop a regional digital platform to link private sector investment information with NDCs to promote public-private dialogue on climate finance.
• The proposal includes the design of Public Private Partnership (PPP) models and country-level portfolios of climate action partnerships to transition NDCs from viability to implementation.

APA

Green Climate Fund (2020). Increasing the ambition of the Nationally Determined Contributions and climate financing in the Central América. https://www.greenclimate.fund/sites/default/files/document/increasing-ambition-nationally-determined-contributions-and-climate-financing-central-america.pdf

Chicago

Green Climate Fund. Increasing the ambition of the Nationally Determined Contributions and climate financing in the Central América. 2020. https://www.greenclimate.fund/sites/default/files/document/increasing-ambition-nationally-determined-contributions-and-climate-financing-central-america.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Increasing the ambition of the Nationally Determined Contributions and climate financing in the Central América |date=November 2020 |url=https://www.greenclimate.fund/sites/default/files/document/increasing-ambition-nationally-determined-contributions-and-climate-financing-central-america.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2020increasing, author = {{Green Climate Fund}}, title = {{Increasing the ambition of the Nationally Determined Contributions and climate financing in the Central América}}, institution = {Green Climate Fund}, year = {2020}, month = nov, url = {https://www.greenclimate.fund/sites/default/files/document/increasing-ambition-nationally-determined-contributions-and-climate-financing-central-america.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }