The Global NDC Implementation Partners
The Paris Agreement marked a new era in climate policy, and with it, a new imperative to accelerate climate action. Effective implementation of countries’ Nationally Determined Contributions (NDCs) will drive the roll-out of low-carbon, climate-resilient infrastructure and economy-wide transformation, financed by significant, mostly private, investment. To meet their goals, developing countries need support to mobilize public and private finance quickly, and at scale. Delay will increase the economic cost and threaten the feasibility of the Paris goals.
Combining the strengths of three world-leading organizations – Climate Policy Initiative, Baker & McKenzie, and AECOM – GNIplus provides governments with the best available policy, technical, financial, governance, and legal expertise to support the implementation of their NDCs. GNIplus also supports governments as they work to mobilize private investment and create long-term, sustainable growth and development.
By delivering practical, concrete actions in multiple geographies, GNIplus will: reform legal, policy, financial, institutional, and governance frameworks; stress-test the designs of infrastructure projects; and develop financial tools and instruments to de-risk investment and mobilize private finance at scale. GNIplus will maximize impact by building on its partners existing collaborations with governments, multilateral agencies, and private investors to facilitate climate action by enhancing current national strategies and initiatives.
GNIplus in Kenya
GNIplus is currently being piloted in Kenya, funded by the Government of the Netherlands. Working closely with the Government of Kenya, the Kenyan private sector, and donor governments, GNIplus is designing a program of support to accelerate effective NDC implementation, in line with national priorities.
Given that water resources will come under increased stress due to climate change, rapid population growth, and industrial development in the coming decades, GNIplus’ initial focus in Kenya is to identify potential regulatory or policy approaches to reduce industrial water consumption in the Nairobi catchment area. Specifically, GNIplus is testing if an, initially voluntary, Water Credits Trading Program would be a feasible approach to incentivize investment in water efficiency improvements among large industrial water users. This program could increase water efficiency in a cost-effective way, while building institutional capacity to overcome existing technical, governance, and regulatory challenges around water usage and treatment.
It is anticipated that the roll-out of a broader GNIplus program for Kenya, covering climate relevant sectors to accelerate low-carbon, climate-resilient development, will begin in 2018.
For more information about GNIplus, please contact GNIplus@cpiclimatefinance.org.