Component 2
Pipeline stocktaking
Through a variety of nationally led or internationally supported efforts, climate investment priorities may have already been identified in the country, sector, or subnational setting. Some of these priorities may be relevant for achieving NDCs, NAPs, and LT-LEDS targets, and decision-makers should ensure that they are incorporated into the process.
Step 3
Take stock of the existing pipeline
Conduct a detailed assessment of each investment need to identify ongoing pipeline development. Comprehensively analyze existing pipelines to determine the status of each investment requirement and its alignment with the preferences and objectives of potential financiers while remaining flexible in exploring other possibilities that may better meet future financial criteria.
Example: The Government of Kiribati has designed National Climate Finance Strategy using comprehensive methodology for needs mapping, climate finance mobilization strategy and an innovative two-tier approach for the pipeline formulation. Tier 1 represents the projects that are proposed for funding consideration to the GCF. Tier 2 contains other priority project ideas requiring further advancement. GCF Readiness Funding for the period of 2024-2027 is linked with the needs of the advancement of these projects.
Support resources
The following resources can be considered. Explore the NDC Partnership Knowledge Portal Climate Toolbox for additional pipeline stocktaking resources.