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Uzoamaka Nwamarah, Adviser, Climate Change and Katherine Blackman, Information and Knowledge Management Officer
At the heart of the Paris Agreement on Climate Change are Nationally Determined Contributions (NDCs). These are plans developed by each country, setting out ambitious national climate targets to achieve the Agreement’s long-term global goals on climate mitigation and adaptation. 
The implementation of these NDCs requires substantial resources. Therefore, developing targeted and effective resource mobilisation strategies is critical for countries to secure climate finance, both international and domestic, as well as public and private, while also fostering partnerships for transformational change.
Grenada submitted its second NDC to the United Nations Framework Convention on Climate Change (UNFCCC) on 30 November 2020, with a target to reduce 40% of emissions by 2030, based on 2010 levels, being conditional on receiving external funding. Its National Adaptation Plan (NAP) 2017-2021 is also in the process of being updated.
According to sectoral investment plans prepared in 2022 through support from the NDC Partnership, an estimated investment of US$ 650 million is required for NDC implementation, covering energy, forestry, transport & waste sectors. Meanwhile, NAP interventions require US$ 260 million. Thus, in total, over US$ 900 million must be mobilised by 2030 to meet the country’s NDC and NAP climate commitments. 
To fully implement its NDC, Grenada requires grants and other concessional finance, support for capacity building, institutional strengthening and access to appropriate technologies. To help address these needs, the Government of Grenada requested support under the Partnership Action Fund (PAF), a pooled funding resource provided by NDC Partnership.
The Commonwealth Secretariat responded to this request and, under a co-financing collaboration approach with the NDC Partnership,  supported Grenada, through the Commonwealth Climate Finance Access Hub (CCFAH), to develop a robust resource mobilisation strategy to implement the country’s NDC.
The Resource Mobilisation Strategy for the Nationally Determined Contribution Implementation Plan for Grenada, 2023-2030 was endorsed by Cabinet in the first quarter of 2023. It considers Grenada’s current economic, regulatory, and institutional context and proposes to bridge the funding gap, mobilise resources, and facilitate the deployment of innovative solutions for climate adaptation and mitigation in Grenada through the following:
The strategy’s formulation involved extensive collaboration among key stakeholders, including government agencies, civil society, and international development and funding partners. This inclusive approach ensured that the strategy aligned with the country’s priorities and harnessed the collective knowledge and experience of stakeholders.
The strategy builds on lessons and best practices in climate finance mobilisation garnered from other Commonwealth countries such as Antigua and Barbuda, Belize, Rwanda, Saint Lucia and Vanuatu. Key insights also emerged during a recent edition of the Commonwealth NDC Webinar Series to further support the successful implementation of the strategy, including the importance of:
Grenada’s Resource Mobilisation Strategy marks a pivotal moment in the country’s journey toward a low-carbon and climate-resilient future and demonstrates the importance of strategic planning and proactive engagement.
By crafting a robust strategy, Grenada has positioned itself to effectively leverage domestic and international public and private financial resources, foster partnerships, and pave the way for transformative initiatives that will allow Grenadians to combat and adapt to climate change.
In line with recommendations contained in the document, the Commonwealth Climate Finance Hub has further supported the Government in developing three project concept notes around the following priorities:  
Grenada’s experience sets a model for other countries, including other Small Island Developing States, that may also wish to strategically mobilise resources for climate action. It illustrates that, despite limited resources, dedication, collaboration, inclusivity, and strategic thinking can pave the way for a sustainable and climate-resilient future.
With this blueprint in hand, Grenada is primed to make substantial steps in tackling the challenges of climate change and ensuring the well-being and livelihoods of their people and ecosystems for generations to come.
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