Private sector engagement in climate action in the Republic of North Macedonia

FAO and the Cabinet of the Deputy President of the Government of the Republic of North Macedonia in charge of Economic Affairs, in its role as National Designated Authority (NDA) for the GCF

Private sector engagement in climate action in the Republic of North Macedonia

Strengthening country capacities for climate change adaptation and mitigation and finalization of Country Work Programme for the Republic of North Macedonia

Year of publication 2021

Place of publication Rome, Italy ;

Pages 2p.

Author FAO and the Cabinet of the Deputy President of the Government of the Republic of North Macedonia in charge of Economic Affairs, in its role as National Designated Authority (NDA) for the GCF

Publisher FAO ;

Product type Brochure, flyer, fact-sheet

Full item page

Synopsis (short abstract) This leaflet is one of the communication products developed by FAO and the Cabinet of the Deputy President of the Government of the Republic of North Macedonia in charge of Economic Affairs, in its role as National Designated Authority (NDA) to Green Climate Fund (GCF) in the frames of the country's second project under the Green Climate Fund Readiness and Preparatory Support Programme - “Strengthening country capacities for climate change adaptation and mitigation and finalization of Country Work Programme for the Republic of North Macedonia”. As part of the project, FAO is working with the Government to map the private sector actors in North Macedonia and help them fully tap into opportunities for transformative investments in resilient and low-carbon economic development that could also bring efficiency and profitability gains. To facilitate the interaction with the private sector in the context of climate finance, a mix of activities are implemented to foster and strengthen private sector interest and engagement in climate finance. This leaflet is part of the communication products aiming to familiarize private sector actors in North Macedonia regarding the possibilities to engage in climate and green investments by taking advantage of financing mechanisms such as the Green Climate Fund.

Language English

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This handbook was prepared by the FAO Regional Office for Europe and Central Asia, in the framework of the Green Climate Fund Readiness and Preparatory support project “Strengthening country capacities for climate change adaptation and mitigation and finalization of Country Work Programme for the Republic of North Macedonia”, as part of the systematic efforts conducted by the Organization to support the Republic of North Macedonia in the implementation of its commitments in the context of the United Nations Convention on Climate Change, focusing particularly on the areas of the FAO mandate. The handbook aims to provide guidance to state institutions, business associations and organizations, international organizations, development and commercial banks and private companies on the involvement of the private sector in climate action and climate investment.
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No-Objection Procedure for Green Climate Fund Projects in the Republic of North Macedonia - Factsheet 2019

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The Green Climate Fund (GCF) is a new global fund created by the countries, parties to the United Nations Framework Convention on Climate Change (UNFCCC), to support the efforts of developing countries to respond to the challenge of climate change. GCF seeks to promote a paradigm shift to low-emission and climate-resilient development, accounting for the needs of nations that are particularly vulnerable to climate change impacts. The principle of Country Ownership is at the heart of the work the GCF conducts in the developing world. The Fund also recognizes that country ownership is a continual process, and that National Designated Authorities (NDAs) have a key role in driving institutional development and stakeholder engagement for establishing effective mechanism that addresses climate-related issues. This factsheet is jointly developed by the Cabinet of the Deputy President of the Government of North Macedonia in charge of Economic Affairs, in its role as NDA to GCF and FAO in the frames of the project “Support for the management of an effective national coordinative mechanism regarding the Green Climate Fund. It is intended to familiarize all relevant national stakeholders (institutions, government agencies, academia, private sector, civil society and international organizations) in North Macedonia about the key aspects of country ownership in the work of the GCF, the GCF Project approval cycle and No-Objection procedure in North Macedonia, exercised by the NDA to ensure that financing through the GCF will be transparent, consistent with national climate priorities, strategies, plans, is country-driven, effective and leaves no one behind.