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Global Matchmaking Platform

Global Matchmaking Platform:

The United Nations Industrial Development Organization (UNIDO) and the Climate Club launched the Global Matchmaking Platform (GMP)

  • Global Matchmaking Platform 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).