The READINESSPAL project (Strengthening institutional capacities and coordination mechanisms for accelerating and scaling up the mobilisation of climate finance) in Palestine aims to build institutional capacity and coordination mechanisms to accelerate the mobilisation of climate finance. It supports the Palestinian Energy and Natural Resources Authority (PENRA) and the Environmental Quality Authority (EQA) in the transition towards locally produced renewable energy and improved energy efficiency, thereby reducing dependence on energy imports.

The project focuses on setting the groundwork for the Green Climate Fund (GCF), which will have two main objectives: (1) energy independence through local renewable energy production and (2) reducing energy needs through improved energy efficiency.