NAMAs as a tool for NDC implementation

Under the Nordic Partnership Initiative (NPI), the Nordic governments in cooperation with the Nordic Development Fund (NDF) and the Nordic Environment Finance Corporation (NEFCO) have supported readiness to design and implement robust climate action within the cement sector in Vietnam and the waste sector in Peru, in close partnership with the implementing countries. Readiness activities have now resulted in comprehensive NAMA proposals that hopefully can attract financing from various sources, including carbon markets.