A five-point agenda for financing NDCs

A post on Climate Bonds Initiative (CBI)’s blog covers the new dynamics of designing a Nationally Determined Contributions (NDCs) in a green world economy. According to the author, NDCs should now be reconceived as transition opportunity plans (TOPs), as capital is moving at scale towards the green and resilient transition.

Therefore, CBI has designed a five-point plan to help governments design and finance their next NDcs, which includes the following:

• Develop a transition opportunities plan

• Prioritise urban development plans that build resilience, productivity and jobs

• Make plans attractive to long term private capital

• Use public sector capital efficiently

• Commit to plans with sustainable sovereign issuance