[{"bbox": [97, 152, 1133, 206], "category": "Text", "text": "in the National Climate Change Policy¹ (NCCP) and the recently adopted Climate Change Act², as well as in the country's Green Growth Development Strategy."}, {"bbox": [97, 212, 1133, 372], "category": "Text", "text": "To support Uganda in tackling these challenges, the climate action proposes a comprehensive approach to provide and facilitate access to climate financing at the sub-national and national levels, as well as for green SMEs / the private sector. It is also fully in line with the European Green Deal – financing the green transition and leave no one behind – and the Action Plan on Financing Sustainable Growth³ and on the Communication on Achieving Inclusive and Sustainable Growth⁴ through a stronger collaboration with the private sector. It will contribute to SDGs 13 and 8 (main) and SDGs 1, 2, 5 and 7 (significant)."}, {"bbox": [97, 378, 601, 404], "category": "Text", "text": "The three components constituting the action intend to:"}, {"bbox": [136, 410, 1133, 490], "category": "List-item", "text": "1. increase the resilience of communities and local economies in Uganda, through regular, predictable, systemic and verifiable climate finance in support of Nationally determined contributions (NDC) and national adaptation plan (NAP)-aligned and locally-led adaptation action."}, {"bbox": [136, 490, 1133, 570], "category": "List-item", "text": "2. contribute to mobilising more climate finance and targeting it towards worthy green projects at national level. This will be done through a comprehensive approach of supporting the Ministry of Finance, Planning and Economic Development and other selected public institutions"}, {"bbox": [136, 570, 1098, 597], "category": "List-item", "text": "3. contribute to facilitating climate finance to green Ugandan SMEs for adaptation or mitigation actions."}, {"bbox": [97, 667, 1133, 854], "category": "Text", "text": "The country's Green Growth Development Strategy recognises that Uganda needs to reconsider its growth model to deliver inclusive economic and social outcomes while protecting natural capital, addressing climate change, creating jobs and accelerating economic growth. This has been reinforced through the National Climate Change Policy (NCCP) and the recently adopted Climate Change Act and is reflected in the ambitions presented in the revised National Determined Contributions. In order to achieve these goals and transform the economy, access to sustainable, reliable and affordable finance both by the private sector and national and subnational authorities is key."}, {"bbox": [85, 888, 323, 919], "category": "Section-header", "text": "# 2 RATIONALE"}, {"bbox": [85, 938, 234, 964], "category": "Section-header", "text": "## 2.1 Context"}, {"bbox": [97, 987, 1133, 1200], "category": "Text", "text": "The proposed Action contributes directly to the MIP 2021-2027 priority area 1: Green and Climate Transition, Objective “Promoting sustainable investments” and its Specific objective 1.4 – Supporting Uganda to develop financing for climate action, Expected result 1.4: Access to finance for climate action, including in innovative sectors is improved and Expected result 1.5.b: Planning and management capacities are strengthened at the local level, notably in promoting domestic resource mobilisation, leveraging external financing (e.g. green bonds or Green Climate Fund), improving public finance management, and providing e-services, and also to the MIP Priority Area 2 – Promoting sustainable and inclusive jobs and growth and its Specific Objective 2.1. Increased mobilization, equitable access and utilization of green economy finance across all investment sectors."}, {"bbox": [97, 1206, 1133, 1285], "category": "Text", "text": "This Action builds on the European Green Deal and the Action Plan on Financing Sustainable Growth and on the Communication on Achieving Inclusive and Sustainable Growth through a stronger collaboration with the private sector. It will contribute to SDGs 13 and 8 (main) and SDGs 1, 2, 5 and 7 (significant)."}, {"bbox": [85, 1351, 1044, 1375], "category": "Footnote", "text": "¹ https://www.mwe.go.ug/sites/default/files/library/National%20Climate%20Change%20Policy%20April%202015%20final.pdf"}, {"bbox": [85, 1375, 1143, 1572], "category": "Footnote", "text": "² https://storage.googleapis.com/cclow-staging/1ve4ayfclcit0n4cx4bkx3jiltyw?GoogleAccessId=laws-and-pathways-staging%40soy-truth-247515.iam.gserviceaccount.com&Expires=1666801567&Signature=XmYP%2F3tBvbjtCv45P8NeVvKZjYpoE6608S9Fitbqf3FFJ4WJHdQ12kydzcPUpjEDp1urSayEAUBBIsJspayw3xpSYY1zOKNJU1sVEJQYDAHAPLxGTcP3%2FiraUXevm5JKt9hRd07vjqZb%2FoC1zwusK5UQMB2UnwjoIxmnAlfjQYkgJX8x3JHIWZtOySOigz8Vrrgdqc2dqI%2Fo%2B4yt%2BsTorpi4QJpewV0d%2B0N5CidsCn25%2F4uMgnfrgRr7x8sJE9jfOp9DhKG%2BI0ayt2zJMtpATMMWAvQyOx1OWLU1IphLwulRruT%2BIdFWdr9ELsfxwCqqd8b7FNnEA5AxS0reIykijw%3D%3D&response-content-disposition=inline%3B+filename%3D%22National+Climate+Change+Act+2021+%25281%2529.pdf%22%3B+filename%2A%3DUTF-8%27%27National%2520Climate%2520Change%2520Act%25202021%2520%25281%2529.pdf&response-content-type=application%2Fpdf"}, {"bbox": [85, 1572, 216, 1596], "category": "Footnote", "text": "³ COM(2018) 97"}, {"bbox": [85, 1596, 224, 1619], "category": "Footnote", "text": "⁴ COM(2014) 263"}, {"bbox": [1038, 1681, 1143, 1705], "category": "Page-footer", "text": "Page 4 of 26"}]