Linking Carbon Markets and Climate Finance in African Countries

COP 24 – Międzynarodowe Centrum Kongresowe plac Sławika i Antalla 1, Katowice, Poland

ROOM BIESZCZADY
This side event presented research findings and efforts to pilot replicable climate financing models in Ethiopia, Senegal and Uganda that are based on the pipeline of activities under the CDM. The government of Senegal showcased how these activities support the implementation of their NDC goals.

Progress on Art. 6 – Moving towards implementation

COP 24 – Międzynarodowe Centrum Kongresowe plac Sławika i Antalla 1, Katowice, Poland

EU PAVILION - ROOM VIENNA
The side event discussed critical aspects that should be addressed by future Article 6 activities, including upscaling to programmatic and policy-based crediting approaches, ambition raising under the Article 6.4 Mechanism, the operationalization of safeguards for environmental integrity and additionality.

Harnessing Synergies between Market Mechanisms and Climate Finance

COP 24 – Międzynarodowe Centrum Kongresowe plac Sławika i Antalla 1, Katowice, Poland

AfDB PAVILION
This side event presented a project to pilot replicable climate financing models in Africa, drawing on ongoing experiences in Ethiopia, Senegal and Uganda. The pipeline of activities under the CDM was assessed regarding the feasibility of mobilizing international climate financing and projects that are to be brought into the pipelines of these institutions. Partner governments showcased how these activities help to implement the NDCs currently under revision.

Operationalizing Article 6 of the Paris Agreement

Accra International Conference Centre Castle Rd, Accra, Ghana

Two-day event which brought together over 40 West African Alliance country representatives and its strategic partners. While the workshop covered a broad spectrum of topics, two issues stood out in particular: the need to foster the debate on operationalizing Article 6 at member country level and the question how to connect private sector initiatives under the Clean Development Mechanism (CDM) and voluntary carbon markets with the countries’ national aspirations under the Nationally Determined Contributions (NDCs).