Strengthening Paraguay’s capacity to access climate finance through DAEs nomination, Sub-national Climate Finance Roadmap development and pipeline strengthening

This proposal will support the development of a National Climate Finance Strategy for an effective and efficient climate finance architecture to support NDC implementation; development of investment plans for prioritized sectors aligned with national priorities, including the National Development Plan-2030, NDC, and other related mitigation and adaptation policies and plans; development of project concept notes based on prioritized sectors? investment plans for submission to the GCF; support the country?s national direct access to the GCF through potential DAE nomination and gap assessment for GCF accreditation; and strengthen capacity to develop green investment projects and access international climate finance.