Climate Action in Uganda Uganda is an LDC and the 12th most vulnerable country to climate change. The rural poor and marginalized groups are particularly vulnerable and poorly equipped to cope with and adapt to the adverse impacts of climate change. Uganda is committed to tackling the effects of climate change as recognised in the National Climate Change Policy (NCCP) and the recently adopted Climate Change Act, as well as in the country¿s Green Growth Development Strategy.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/private sector. It is also fully in line with 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.The three components constituting the action intend to:1.&nbsp;&nbsp;&nbsp;&nbsp;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. This component will be implemented by UNCDF, who has extensive experience with decentralization programmes and has already trial and tested this local approach in several other countries, including with EU funding through the GCCA+.2.&nbsp;&nbsp;&nbsp;&nbsp;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. This component will be implemented by GGGI, who is currently already working with the Ministry of Finance, Planning and Economic Development (MoFPED).3.&nbsp;&nbsp;&nbsp;&nbsp;contribute to facilitating climate finance to green Ugandan SMEs for adaptation or mitigation actions. This component will be implemented through blending with the EIP, who is currently designing a regional climate action facility and will be able to extend lines of credit to local Ugandan banks.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).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.