Overview
The project goal is for Iran to have an enabling environment and capacity to plan and design bankable climate investments that reflect national strategies and priorities.
Objectives are to:
- Continue to strengthen coordination with GCF and other climate finance institutions;
- Establish Iran’s direct access to the GCF, assisting eligible national entity applicants in their quest to attain the DAE status;
- Streamline climate change into development planning and develop strategic frameworks to promote investments in climate action;
- Promote Iran’s access to advanced technologies that are critical for advancing climate resilience;
- Engage targeted sectors and the private sector in a strategic approach supporting shared values and mobilization of private sector financing for climate action;
- Develop a bankable project pipeline in tandem with national priorities and GCF standards and provide incubation/acceleration support to the projects’ proponents; and
- Create a sustainable system for effective dissemination of knowledge on climate change at the national, subnational and sectoral levels.
The project will be implemented in a country-driven and participatory approach. Its anticipated outcomes, strategies and institutional capacity will drive climate-resilient and low-carbon growth in the country. Critical to its implementation is achieving high-level political support and mobilization of the private sector and other key stakeholders' engagement.