Overview

The Nationally Appropriate Mitigation Action (NAMA) is the new kid on the block in the battle against climate change. The NAMA is the most decisive instrument devised to address the fact that today the only source of growing emissions are the world's developing countries. But as it is based purely on voluntarism it crucially depends on financing models that can lift the concept off the ground. This book provides the first insights as to how this concept can deliver on its promise and challenges some of the fundamental mantras in international climate change collaboration.

Full Product Details

9781783084272

Table of Contents

Reviews

"'Green Climate Fund and donors take note!' -Ash Sharma, Vice President, Carbon Finance and Funds, Nordic Environmental Finance Corporation 'Lutken's book gives an excellent overview of the state of NAMAs as well as a fine analysis of the challenges ahead. Its strength lies in his focus on financial engineering, which can contribute to both reducing costs of desirable initiatives and tapping the existing financial system with known agents and finance products.' -Jan Vassard, Deputy CEO, Danish Export Credit Agency (EKF) 'Lutken addresses the challenge of NAMA financing head-on and rightly stresses that there is no ""magic bullet"". Development practitioners and climate policy developers alike will find lots of food for thought in this book.' -Axel Michaelowa, Senior Founding Partner, Perspectives GmbH 'Lutken's book draws attention to the role export credit agencies could play in green financing given their expertise in covering risk and financing projects that would otherwise not have materialized. This is a much-needed contribution to the climate finance debate!' -Barbara Buchner, Senior Director, Climate Policy Initiative 'The book covers much ground and represents a substantial advance in a field that has hitherto been mired in politicized discussions on the need to mobilize climate finance.' -Rasmus Abildgaard Kristensen, 'International Affairs'"

'Green Climate Fund and donors take note!' -Ash Sharma, Vice President, Carbon Finance and Funds, Nordic Environmental Finance Corporation 'Lutken's book gives an excellent overview of the state of NAMAs as well as a fine analysis of the challenges ahead. Its strength lies in his focus on financial engineering, which can contribute to both reducing costs of desirable initiatives and tapping the existing financial system with known agents and finance products.' -Jan Vassard, Deputy CEO, Danish Export Credit Agency (EKF) 'Lutken addresses the challenge of NAMA financing head-on and rightly stresses that there is no magic bullet . Development practitioners and climate policy developers alike will find lots of food for thought in this book.' -Axel Michaelowa, Senior Founding Partner, Perspectives GmbH 'Lutken's book draws attention to the role export credit agencies could play in green financing given their expertise in covering risk and financing projects that would otherwise not have materialized. This is a much-needed contribution to the climate finance debate!' -Barbara Buchner, Senior Director, Climate Policy Initiative

Author Information

Sren E. Ltken is a senior adviser at the UNEP Ris Centre located at the Danish Technical University.

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