Digging Deeper: CCAP’s Fifth Latin American Regional MAIN Dialogue focused on NAMA opportunities in waste and energy

Building on the momentum of the Center for Clean Air Policy’s (CCAP) Global NAMA Financing Summit held in Copenhagen and the recently opened Germany/United Kingdom International NAMA Facility, CCAP hosted the Fifth Latin American Regional Dialogue of the Mitigation Action Implementation Network (MAIN) in Lima, Peru in July. Bringing together 80 senior policy-makers from developing and developed countries, financial and sectoral experts, private-sector representatives and financial institution representatives, CCAP is on the ground building a pipeline of transformational, finance-ready NAMAs. With the generous support of both the Danish Ministry for Climate, Energy and Building and the German International Climate Initiative (ICI) and co-hosted by the Peruvian Ministry of Environment, CCAP’s MAIN members, which include Argentina, Chile, Colombia, Costa Rica, Dominican Republic, Panama, Peru and Uruguay, had the opportunity to learn from their peers, discuss best practices and collaborate on climate policy.

The core principle of NAMAs recognizes that different countries should adopt strategies to reduce greenhouse gas emissions based on their own capabilities and needs. Although there is significant potential for mitigation and sustainable development throughout Latin America, many of these countries face social, economic and financial challenges associated with designing and implementing policies in the energy and solid waste sectors. Taking a different approach than in previous MAIN dialogues, this meeting dug deeper into these two specific sectors, highlighting how policy leaders can benefit from and take advantage of the NAMA framework and specific financial mechanisms in order to move forward with national policies and programmes.

As developing countries continue to design and develop their NAMAs in an effort to make them finance-ready, CCAP provided expertise from various key stakeholders in the process and an opportunity to work one-on-one to pull the concepts together. As a result of these sessions, policy-makers understood not only the opportunities for developing NAMAs in the waste and energy sectors but also the possibilities for doing so within the context of their countries. Moving forward, CCAP will continue to work with participants both on the ground and through MAIN to design, develop and implement NAMAs.

See more information on CCAP's Mitigation Action Implementation Network here.

See also: CCAP’s latest policy brief, The NAMA Opportunity, which outlines CCAP’s shared vision for the role NAMAs can play in transitioning developing countries to a low-carbon development path and mentions four fundamental elements for NAMAs to drive this transformational change.