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Department for Energy, Security and Net Zero
UK Partnering for Accelerated Climate Transitions (UK PACT)
UK - Department for Energy Security and Net Zero
UK Partnering for Accelerated Climate Transitions (UK PACT) is the Department for Business, Energy, and Industrial Strategy’s (BEIS) flagship technical assistance programme and is funded via the UK’s International Climate Finance (ICF) commitment. UK PACT operates in countries with high greenhouse gas emissions that are eligible to receive Official Development Assistance (ODA) and have potential for high emissions reduction. UK PACT supports these countries to increase and implement their ambitions for emissions reductions in line with internationally agreed commitments (NDCs). UK PACT works strategically to leverage the UK’s position as a global leader in tackling climate change to provide support and share expertise, build strong relationships with other governments, and deliver transformational assistance
2050 Calculator
UK - Department for Energy Security and Net Zero
The International 2050 Calculator Programme was a technical assistance programme, funded by UK International Climate Finance (ICF), a ring-fenced portion of the Official Development Assistance (ODA) budget for climate change, through the Department for Energy Security and Net Zero (DESNZ). The programme supported ODA-eligible countries develop their own interactive 2050 Calculator energy and emissions tools.
Climate Ambition Support Alliance (CASA)
UK - Department for Energy Security and Net Zero
The Climate Ambition Support Alliance (CASA) programme will work through secondary providers to provide training, in addition to technical, legal and logistical support for developing country negotiators, in order to build the capacity of the least developed and most climate vulnerable states to participate in the international negotiations process and be more effective in influencing its outcomes.
Climate Finance Accelerator (CFA)
UK - Department for Energy Security and Net Zero
To accelerate the transformation of developing countries’ Nationally Determined Contributions into a pipeline of bankable projects, which have the potential to attract investment at scale from the private sector. The CFA will achieve this by facilitating ‘transaction-oriented’ workshops, convening project developers, policy makers and capital market players from participant countries with UK-based green finance experts.
Lowering Emissions by Accelerating Forest finance (LEAF) Coalition
UK - Department for Energy Security and Net Zero
The LEAF Coalition (LEAF) is an ambitious new public-private initiative designed to accelerate climate action and reduce deforestation by providing results-based finance to countries committed to protecting their tropical forests.
Amazon Fund
UK - Department for Energy Security and Net Zero
The Amazon Fund is a REDD+ mechanism created to raise donations for non-reimbursable investments in efforts to prevent, monitor and combat deforestation, as well as to promote the preservation and sustainable use in the Brazilian Amazon. The UK committed to funding £115 million total for results-based finance at $5 per tonne and £3.5 million for technical assistance, of which £2 million will be destined for GIZ Action for Forests programme. £1.5 million is for MEL.
Climate Investment Funds (CIFs)
UK - Department for Energy Security and Net Zero
The $8 billion Climate Investment Funds (CIF) accelerates climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable forests in developing and middle income countries. The CIF’s large-scale, low-cost, long-term financing lowers the risk and cost of climate financing. It tests new business models, builds track records in unproven markets, and boosts investor confidence to unlock additional sources of finance.
Climate Public Private Partnership Programme (CP3)
UK - Department for Energy Security and Net Zero
The Climate Public Private Partnership Programme (CP3) aims to increase low carbon investment in renewable energy, water, energy efficiency and forestry in developing countries. By showing that Low Carbon and Climate Resilient investments can deliver competitive financial returns as well as climate and development impact, CP3 seeks to catalyse new sources of climate finance from institutional investors such as pension funds and sovereign wealth funds.
Accelerating Innovation Monitoring For Forests (AIM4Forests)
UK - Department for Energy Security and Net Zero
The Programme supports 20 countries with institutionalised National Forest Monitoring Systems that inform domestic policy and decision-making and provide high-integrity MRV through modern monitoring technologies and innovative approaches. The Programme alos aims to enable participation in REDD+ and emerging carbon finance opportunities, and drive down global emissions from the forest and land-use sector, while strengthening AFOLU contribution in NDCs.
Clean Energy Transition Programme (CETP)
UK - Department for Energy Security and Net Zero
The Clean Energy Transitions Programme (CETP) leverages the IEA’s unique energy expertise across all fuels and technologies to accelerate global clean-energy transitions, particularly in major emerging economies. The Programme includes collaborative analytical work, technical cooperation, training and capacity building and strategic dialogues.
The Nationally Appropriate Mitigation Actions (NAMA) Facility
UK - Department for Energy Security and Net Zero
The NAMA Facility is a targeted fund set up in 2012 by Germany and the UK to help finance measures that tackle and shift challenging sectors within a country’s climate mitigation action plans. Projects in these plans (their Nationally Appropriate Mitigation Actions Plans) funded by the NAMA Facility offer good potential for replication and are important building blocks towards implementing ambitious NDCs. The NAMA Facility has an open access competitive structure and projects are wide ranging in type (energy efficiency, transport, agriculture, renewables, waste) and geography (Asia, Africa and South and Central America) and noticeable for high level of country support.
NDC Partnership
UK - Department for Energy Security and Net Zero
The NDC Partnership is a international partnership aiming to help turn countries’ climate targets under the Paris Agreement, known as Nationally Determined Contributions (NDCs), into specific strategies and measures. It also aims to achieve greater harmonisation among the various donor programmes supporting NDCs.
Global Energy Transfer Feed-in Tariff (GETFiT)
UK - Department for Energy Security and Net Zero
The Global Energy Transfer for Feed-in Tariff (GET FiT) Programme was established in 2013 with the main objective of assisting Uganda to pursue a climate resilient low-carbon development path by facilitating private sector investments in renewable electricity generation projects. The support provided was expected to improve access to electricity and promote growth and economic development in Uganda and contribute to climate change mitigation.
Global Climate Partnership Fund (GCPF)
UK - Department for Energy Security and Net Zero
GCPF is a public-private partnership which seeks to mobilise investment flows in energy efficiency and renewable energy projects in developing and emerging markets, with the aim to reduce greenhouse gas emissions. GCPF primarily does this by providing debt finance via local financial institutions, extending credit lines so they can offer loans for small-scale low carbon projects. GCPF also supports local finance institutions through technical assistance and capacity building.
The Global Innovation Lab - (Continuation of the Capital Markets Climate Initiative)
UK - Department for Energy Security and Net Zero
The Global Innovation Lab (the Lab) is a public-private partnership that brings together experts from Governments, investors and civil society to discuss and help understand the barriers to investment. It works to identify, refine, and launch innovative financial instruments to attract private investment in climate change mitigation and adaptation at scale. It aims to drive billions of dollars of private investment into low-carbon, climate resilient economies.
BioCarbon Fund (BioCF)
UK - Department for Energy Security and Net Zero
The Fund will provide technical assistance for REDD+ implementation and measures which improve the enabling environment for private sector investment; offer a finance for Verified Emission Reductions associated with avoided deforestation; and secures private sector finance, for example through purchasing commitments for sustainable commodities produced in the jurisdiction (sometimes called ‘offtake agreements’). Each country programme under the BioCarbon Fund will operate at the jurisdiction-scale, that is within a landscape-wide area that is governed by a single political jurisdiction.
Forest Carbon Partnership Facility (FCPF)
UK - Department for Energy Security and Net Zero
The Forest Carbon Partnership Facility (FCPF) was established in 2008 to assist developing countries in their efforts to reduce emissions from deforestation and forest degradation and foster conservation, sustainable management of forests, and enhancement of forest carbon stocks (all activities commonly referred to as "REDD+") by providing value to standing forests. The FCPF is a multi-donor Trust Fund managed by the World Bank. It has two separate but complementary funding mechanisms — the Readiness Fund and the Carbon Fund.
REDD Early Movers (REM) Programme
UK - Department for Energy Security and Net Zero
The REDD+ Early Movers (REM) Programme, currently operational in Latin America, aims to reward countries or jurisdictions considered as pioneers in forest protection and climate mitigation. It targets countries or regions that have already taken ambitious actions to protect forests and provides conditional payments upon verified emission reductions from avoided deforestation (REDD+). Results-based payments in the REM Programme are invested according to a “benefit-sharing strategy” that has been jointly agreed by partners.
Carbon Initiative For Development (Ci-Dev)
UK - Department for Energy Security and Net Zero
The Carbon Initiative for Development (Ci-Dev) aims to increase the flow of international carbon finance, primarily into Least Developed Countries (LDCs). It launched in 2013 and supports climate change mitigation in pursuit of the Paris Agreement’s goals and facilitates access to cleaner energy and other poverty reducing technologies. It guarantees a revenue stream if projects deliver their expected benefits, builds local capacity to develop projects and monitor carbon emissions, and pilots projects that could serve as blueprints to increase LDC access to the international carbon market
Transformative Carbon Asset Fund (TCAF)
UK - Department for Energy Security and Net Zero
The Transformative Carbon Asset Facility will target sector or policy wide programmes where the implementing country is planning to take climate mitigation action. This could be via regulations, fiscal policies, feed-in-tariff or incentives. As long as these plans are in line with the TCAF programme selection criteria, in collaboration with the implementing entity (normally a Government ministry) TCAF will design a methodology that pays for the verified emissions reductions of the programme above its intended ambition, giving targeted support to unlock the barriers to allow the increased ambition to be realised.
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