|Overview : |
Malawi, like all the other Parties to the United Nations Framework Convention on Climate Change (UNFCCC) communicated to the world, its plan to transition towards low-emission and climate resilient development through submission of its Intended Nationally Determined Contributions (INDC) in September 2015, now NDC and ratification of the Paris Agreement in June 2017.
In 2016, the Government of Malawi developed its National Climate Change Management Policy (NCCMP), which provides a guidance framework for coordination, implementation and financing of climate change activities in the country. The NCCMP prioritizes enhanced financing for implementation and coordination of climate change management activities through increased national budgetary allocation, establishment of a National Climate Change Management Fund, improved access to domestic and international climate financing (both multilateral and bilateral) and private sector investments. The fund would support in providing predictable and reliable financing for climate change management. The GoM gazzetted the climate change fund regulations in 2018 bringing the climate change fund into effect.