Strengthening strategic frameworks and stakeholders’ engagement to scale up climate financing and enhance NDC implementation in Uruguay
Summary
The proposal seeks USD 593,760 over 18 months to improve the operationality of Uruguay's National Designated Authority (NDA), facilitate direct access to GCF funding for national entities, and integrate climate change into subnational planning and private sector business models. Key activities include updating the Country Programme, developing a sustainable finance roadmap, and supporting the accreditation of the Corporación Nacional para el Desarrollo (CND) and Banco de la República Oriental del Uruguay (BROU).
Key insights
- Uruguay's institutional framework for climate change requires strengthening, specifically regarding the Coordination Mechanism and No Objection (NOL) procedure, which need regular updates and increased involvement from the Ministry of Economy and Finance and the National Planning and Budgeting Office (OPP).
- There is a significant gap in climate action at the subnational level due to limited capacities to integrate climate change into local investment and planning.
- The Uruguayan financial and private sectors show limited engagement with the climate agenda, characterized by a lack of knowledge regarding market mechanisms for climate investment and insufficient private sector involvement in resilient investments.
- The proposal aims to facilitate direct access to GCF funding by supporting the accreditation process for two nominated entities: the Corporación Nacional para el Desarrollo (CND), which is finishing Stage I, and Banco de la República Oriental del Uruguay (BROU).
- The project will update the Uruguay Country Programme to incorporate feedback from the GCF Secretariat (CIC1), new GCF guidelines, and results from the Long Term Strategy (LTS) and NDC revision processes.
- A key objective is the development of a new project concept note focused on 'Strengthening Uruguay climate services' to be submitted to the GCF.
- The proposal includes the implementation of a climate finance monitoring system that explicitly mainstreams a gender perspective and integrates gender-responsive budgeting into national budgets.
- The COVID-19 pandemic has created an urgent need to redesign financing and business models for micro, small, and medium enterprises to facilitate a green recovery.
Cite the original document
- APA
- Green Climate Fund (2020). Strengthening strategic frameworks and stakeholders’ engagement to scale up climate financing and enhance NDC implementation in Uruguay. https://www.greenclimate.fund/sites/default/files/document/pipeline-development-and-strategic-frameworks-uruguay-undp.pdf
- Chicago
- Green Climate Fund. Strengthening strategic frameworks and stakeholders’ engagement to scale up climate financing and enhance NDC implementation in Uruguay. 2020. https://www.greenclimate.fund/sites/default/files/document/pipeline-development-and-strategic-frameworks-uruguay-undp.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Strengthening strategic frameworks and stakeholders’ engagement to scale up climate financing and enhance NDC implementation in Uruguay |date=30 December 2020 |url=https://www.greenclimate.fund/sites/default/files/document/pipeline-development-and-strategic-frameworks-uruguay-undp.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2020strengthening, author = {{Green Climate Fund}}, title = {{Strengthening strategic frameworks and stakeholders’ engagement to scale up climate financing and enhance NDC implementation in Uruguay}}, institution = {Green Climate Fund}, year = {2020}, month = dec, url = {https://www.greenclimate.fund/sites/default/files/document/pipeline-development-and-strategic-frameworks-uruguay-undp.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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