On Wednesday, September 20, OCA Global's Consulting and Technical Advisory Division presented the work plan for the implementation of the 'Analysis of Investment Needs and Preparation of an Investment Plan for the Implementation of the Nationally Determined Contribution (NDC) of the Dominican Republic'. This project is led by the Ministry of Economy, Planning and Development (MEPyD) of the Dominican Republic, and financed by the Inter-American Development Bank (IDB).
With the assistance and support of the National Council for Climate Change and Clean Development Mechanism, the Ministry of Environment and Natural Resources and the Ministry of Finance, among others, this event initiates the process of analyzing needs and financing barriers for the implementation of the NDC.
The analysis plans to contribute to the country's climate action agenda and climate projects pipeline, based on the NDC RD 2020, aligned with the objectives of the Paris Agreement.
Through a process of consultations and workshops to validate results, the team will identify investment options in a portfolio of bankable projects for Climate Action, contributing to the adaptation and reduction of the effects of climate change in the country.
