Component 3
Mapping existing investment frameworks
Decision-makers are encouraged to consider how climate investment planning aligns with the following: existing investment frameworks and efforts led by national and subnational institutions, multilateral development banks (MDB) and development finance institutions (DFI), development partners, multilateral climate funds, existing country engagement programs and other finance partners.
These entities have ongoing processes that might help secure financing. Additionally, assessing existing policies, strategies, and plans can help identify potential gaps in sectoral planning that can be addressed in future iterations of the climate investment plan.
Step 7
Map existing investment frameworks to identify and validate their investment priorities
Mapping existing investment frameworks involves systematically identifying what ongoing development and climate investment plans are already being worked on with various partners, allowing for the identification of opportunities and gaps. This could include mapping out National or Sectoral Investment Plans, MDBs or DFIs investment plans, GCF Country Programmes, NDC Implementation Plans, NDC Investment Plans, NAP Investment Plans, green/sustainable-finance roadmaps, etc.
Once investment frameworks have been mapped, decision-makers should identify their priorities in order to align and leverage ongoing efforts in mobilizing climate finance. These priorities can be validated by mapping existing frameworks and exploring how to leverage and align work across Stages 2 and 3. This process helps avoid duplication, enhance synergies, and increase overall impact. In some cases, it may also provide an opportunity to review the coherence or robustness of prior investment priorities, their alignment with potential sources of finance, and any existing barriers to investment.
It is important to maintain such mapping and update regularly to provide an accurate picture of the changing investment landscape, support coordination, and inform a forward-looking analysis of needs and gaps.
Example: Rwanda mapped its existing investment frameworks, including the Green Growth and Climate Resilience Strategy (GGCRS), to align with its NDC and SDG priorities. Through stakeholder engagement with government agencies, private investors, and development partners, the country identified and validated key investment priorities such as renewable energy, sustainable agriculture, and urban resilience. This process also revealed gaps in financing and coordination, which were addressed through capacity-building initiatives and targeted policy reforms. The outcome was a pipeline of bankable projects that successfully attracted international and private-sector financing, demonstrating the effectiveness of this strategic approach.
Step 8
Map and list systemic investment barriers
Mapping systemic investment barriers (at the national and sectoral levels) involves identifying and documenting obstacles that hinder climate-aligned investments. This process entails creating a comprehensive inventory of challenges, categorizing them into various types (e.g., technological, economic, policy, socio-economic), and analyzing their impacts and underlying causes. Doing so better positions decision-makers to develop targeted strategies to facilitate investments, promote economic growth, and enhance the climate-finance ecosystem. The mapping can draw from existing analyses, such as the investment frameworks identified previously, or encompass new studies to assess the enabling environments and preconditions to scale up climate finance in the country.
Example: Sri Lanka has carried out comprehensive mapping of the barriers to financing climate smart agriculture that was further validated through a Public Private Forum. A Private Sector Working Group, comprised of representatives from the Government, business associations, private sector and academia has also been established and operationalized to oversee the process of design and implementation of the Action Plan to mitigate those barriers. Ceylom Chamber of Commerce, one of the most proactive business associations in the country has been assigned the role of the secretariat to provide overall guidance and coordination of the process.
Support resources
The following resources can be considered. Explore the NDC Partnership Knowledge Portal Climate Toolbox for additional mapping existing investment frameworks resources.