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With 2020 a key year for climate action, countries across the world must be more ambitious in order to reach their Paris targets and limit global warming to below 1.5 degrees. However, emerging economies can often find themselves stuck on traditional development pathways, and in need of finance to realize the transformative shift towards carbon neutrality.
Launched in 2019, the SNAPFI (Strengthen national climate policy implementation: Comparative empirical learning & creating linkage to climate finance) project explores how international climate finance can support the implementation of NDCs in emerging economies and EU-Countries through comparative analyses and a better understanding of the interface between finance and policy implementation.
Partnering with institutions in Brazil, India, Indonesia, Europe and South Africa, the project will enable decision makers to implement NDCs and climate initiatives, well supported by national and international financial instruments. Cooperation among these five research institutions provides space for increased ambition levels and stimulates private and public investments in the low-carbon and climate resilient economic transformation.
The project will produce five country studies per year spanning a broad range of innovative and traditional financing options, with synthesized reports for policy-makers to increase impact. The project will also produce one topic of common interest relevant to the interface of climate-finance and policies within an annual cross-country study and discuss results at international workshops.
The project will evaluate policy and financial instruments to contribute to the following long-term impacts:
- National decision-makers are better able to utilize robust evidence when designing policies and corresponding finance instruments to support the implementation of NDCs.
- Decision-makers at national and international finance institutes feel supported to design and implement instruments to strengthen NDC implementation, through the establishment of international network of researchers and practitioners.
- Countries beyond the direct project scope benefit from positive examples of climate finance support for NDC implementation.
This consortium is led by DIW Berlin, funded by the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU). The country partner institutions include:
- Center for Sustainability Studies of Fundação Getulio Vargas (Brazil),
- Energy and Resources Institute (India) in cooperation with Indian Institute of Technology Delhi,
- Climate Change Center, Bandung Institute of Technology (Indonesia)
- University of Cape Town (South Africa)