The NAMAs needed to be designed in a way that would attract international climate finance through the carbon market and other support mechanisms, and through that, support up-scaled mitigation action.
The Ministry of Construction (MOC) of Vietnam is a government ministry responsible for, among others:
The Ministry of Construction (MOC) of Vietnam was allocated grant funds from the Nordic Development Fund toward the cost of Nordic Partnership Initiative Pilot Programme. The Nordic Partnership Initiative on Up-scaled Mitigation Action (NPI) explores and demonstrates how international climate finance can be matched with up-scaled mitigation plans in developing countries. The NPI Pilot Programme aims to improve readiness for both carbon market and other support mechanisms through technical and financial assistance.
The overall objective of the Pilot Programme is to strengthen Vietnam's ability to prepare, propose and implement a full-scale scheme of clearly specified Nationally Appropriate Mitigation Actions (NAMAs) in the cement sector. The NAMAs needed to be designed in a way that would attract international climate finance through the carbon market and other support mechanisms, and through that, support up-scaled mitigation action.
A key challenges faced by the Ministry of Construction were in addressing
South Pole, together with their partners, assisted MOC to address the gaps mentioned above through the development of a two-year Pilot Programme developed through three major phases: