For example, blended finance, which strategically uses development finance to attract commercial capital, can help de-risk investment opportunities, making them more attractive to the private sector and “kick-starting” investment.39 The NDC implementation action plans seek to secure public funding for baseline assessments and pilots, while also engaging the private sector in these efforts. This may then help build private support for and investment in these initiatives. An example of private sector engagement comes from the SUNREF Palestine Programme, which provides private actors with facilitated access to finance, to help them grasp the opportunities of the environmental and energy transition.
private support for and investment
Which subsector forms part of global climate change adaptation subsector in Agriculture Sector ?