43. The life cycle of a NAMA may consist of the following steps1:
(a) Build capacity;
(b) Identify action and required resources;
(c) Technical analysis;
(d) Register indicative actions, support, mitigation results, co-benefits;
(e) Mobilize resources [supported;] [domestically funded;] [carbon markets;]
(f) Implement;
(g) MRV;
i. Measure
ii. Report
iii. Verify
(h) Update the register.
44. Developed country Parties [shall] [should] register [their financial, technological and capacitybuilding support] [only support that is delivered through a technology and financing mechanism under the Convention] in order to fulfil their obligations under the Convention.
45. Information provided [in relation to NAMAs] [in the context of low-carbon/emissions [highgrowth sustainable development] strategies] to the mechanism/registry/register [may] [shall] include:
(a) A list of proposed actions or actions being implemented and information related to the assumptions and methodologies underpinning them;
(b) The expected outcome of each NAMA in terms of its sustainable development benefits, its co-benefits and the GHG emission reductions achieved in tonnes of CO2 eq;
(c) Greenhouse gas emission reductions relative to baselines or business as usualÂ’ scenarios;
(d) The expected outcomes of NAMAs defined directly;
(e) An estimate of the full incremental cost of each NAMA, including the cost of technology transfer and the agreed full cost of capacity-building;
(f) Information relating to implementation of each NAMA, including information on support received and the timeframe for implementation;
(g) Any proposed use of a carbon market mechanism, and the associated caps and thresholds;
(h) Support by developed countries in terms of technology, finance and capacity-building.
46. The developing country concerned will implement the proposed action. Implementation shall be enhanced through support for building the institutional capacity in developing countries, specifically through the proposed national coordination mechanism.
47. Developing country Parties may establish national coordinating bodies:
(a) To build or strengthen institutional capacity;
(b) To provide support and facilitate coordination of the submission of proposals for NAMAs to the international registry, together with details of the support required for the implementation of the proposals for NAMAs;
(c) To provide support for and facilitate coordination of the development and implementation of low-carbon/emissions [high-growth sustainable development] strategies and national inventories;
(d) To facilitate coordination of mitigation actions undertaken without assistance from developed country Parties, to ensure international recognition of all mitigation actions taken.
48. A separate pool of funding to finance national coordinating bodies through a direct line item in the secretariatÂ’s budget shall be established.
49. The mechanism/registry/register shall be updated annually to reflect the status of implementation of actions and their support. It shall be updated every two years to report on measured outcomes of actions, alternating with reporting on GHG inventories. Following the first measurable, reportable and verifiable report, a NAMA shall be considered registered (and no longer indicative).
50. The Meeting of the Parties under this Agreement shall, at its first session, elaborate on modalities and procedures for the operation of the mechanism/registry/register.
