The Climate Finance Innovators Project aims to develop replicable climate financing models in Ethiopia, Senegal and Uganda that are based on the Clean Development Mechanism (CDM) elements and activities. The project thereby establishes innovative linkages between UNFCCC market mechanisms and international climate financing institutions such as the Green Climate Fund (GCF). The partner countries stand out regarding their ambition, regional lighthouse effect and relevance for climate negotiations. In all three countries, the project works with government partners and the private sector to formulate funding proposals that scale up existing pilot mitigation actions, thus mobilizing pre-2020 action with high sustainable development impacts. National and regional capacity development as well as conceptual work strengthen readiness and the enabling environment in the host countries. Lessons learned are being fed continuously into the climate negotiations and public debate, thereby contributing to the design of Paris Agreement policy instruments – in particular Article 6. The cooperation with African climate negotiators supports their impact on the UNFCCC process.
Climate Finance Innovators is a collaboration between Perspectives Climate Group, Climate Focus, AERA Group, Carbon Africa Limited, Afrique Energie Environnement (AEE) and South South North. The project is supported by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conversation and Nuclear Safety (BMU) on the basis of a decision adopted by the German Bundestag.