About Global Matchmaking Platform:
- It is designed to fast-track the decarbonisation of heavy-emitting industries in emerging and developing economies.
- The idea of the Global Matchmaking Platform was born in December 2023 at the 28th United Nations Climate Change conference (COP28), with the launch of the Climate Club.
- It connects country-specific needs with global technical and financial assistance to reduce emissions in energy and emissions-intensive industrial sectors.
- It connects countries with a network of delivery partners, offering comprehensive technical and financial support for industrial decarbonization efforts.
- These partners assist nations in key areas such as policy development, the transfer of innovative technologies and facilitating investments to drive the transition to zero and low-emission industrial practices including assistance for enhancing the emissions goals.
- This mechanism allows countries to tailor their decarbonization pathways while streamlining access to guidance and resources provided by partner organizations to achieve deep emissions reductions.
- The GMP for industry decarbonisation is being built as a support mechanism of the Climate Club, with the secretariat hosted by the UNIDO.
- Its activities are also supported by the Climate Club interim Secretariat jointly hosted by the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA).
