Climate Finance Innovators

Article 6 Piloting: State of Play and Stakeholder Experiences
2020-12-09 14:00 - 15:00 (Europe/Helsinki) | Webinar for Climate Innovation Series
Article 6 pilot initiatives are continuing to expand globally, even without the finalized UNFCCC rules. These pilots and enabling initiatives are providing valuable experiences for the Article 6 negotiations and a general understanding of how carbon markets will be operating under the Paris Agreement. The experiences made and lessons learned will be decisive for the transition into post-2020 carbon markets. The longer the regulatory uncertainty persists, the more important Article 6 pilot initiatives become in informing the international community on what workable solutions could look like, identifying practical questions and speeding up implementation once the rules have been agreed.
Objective of the webinar: This webinar will launch the study “Article 6 Piloting: State of play and stakeholder experiences” that features updates on Article 6 pilot activities and enabling initiatives on the ground, and further emphasizes stakeholder experiences and insights on piloting Article 6.

Aligning Nationally Determined Contributions with Long Term Low-Emission Development Strategies on Climate. Opportunities and Challenges in Africa.
2021-05-25 15:30 - 16:30 (Europe/Berlin) | I4C 2021
Workshop for Climate Innovation Series
https://www.innovate4climate.com/
Recording of the session: https://events.innovate4climate.com/meetings/virtual/BjZja82ch3bHmJseQ
25 May 2021, 9.30AM EDT / 1.30PM GMT / 3.30PM CET / 4.30PM EAT

The goal of the Paris Agreement is to keep the global temperature increase to well below 2°C and pursue efforts to limit the increase to 1.5°C. Parties to the Agreement have been invited to communicate their long-term low greenhouse gas emission development strategies considering the common but differentiated responsibilities and respective capabilities, in the light of different national circumstances. Similarly, Parties are invited to update and revise their Nationally Determined Contributions (NDC) reflecting their ambition.
In order to demonstrate the practicability and benefits of aligning the two processes of long-term planning and setting NDCs, the GIZ Global Carbon Markets (GCM) Programme in Uganda in collaboration with the Climate Change Department of the Ministry of Water and Environment with support from the Germany Federal Ministry of Environment, Nature Conservation and Nuclear Safety conducted a workshop. The workshop discussed the two policy processes important for understanding which short- and medium-term investments and measures can contribute to a country’s climate goals while enabling countries to reach their long-term goals. LTSs introduce a long-term perspective to policy planning that allows to consider whether certain activities may create long term lock-in effects into fossil fuel infrastructure even if they promise short term emission reductions compared to the status quo. This has implications on how to allocate resources, including international climate finance, capacity building and technology transfer.
Key takeaways:
• Long-term strategies can provide a clear signal that countries are committed to the ‘well below 2C’ goal. Showcase how countries are planning to achieve the required transformation while at the same time achieving their short to medium term climate goals.
• Provide a platform for countries to show progress and demonstrate how aligning the two processes helps them to advance the goals of the Paris Agreement by merging the development, mitigation and adaptation agendas.
• When embarking on these processes it is important to consider the role of national stakeholders from across society.

Moderator

STEPHAN HOCH
Perspectives Climate Group

Conditionality and Article 6: An Analysis of updated NDCs of African countries
2021-05-25 17:30 - 18:30 (Europe/Berlin) | I4C 2021
Workshop for Climate Innovation Series
Recording of the session
CFI Policy Brief on this subject
25 May 2021, 11.30AM EDT / 3.30 PM GMT/ 5.30PM CET / 6.30PM CET

In 2021, countries are expected to increase ambition by updating their NDC targets, as they enter their first year of NDC implementation. Looking at this experience, it becomes clear that the conditionality of NDC targets is a crucial feature, in particular for international support through Article 6 carbon markets. However, how to apply conditionality is not clearly defined in the UNFCCC rulebook and a lack of conceptual clarity opens space for different applications in NDCs, with potential consequences for access to Article 6 cooperative approaches.
The workshop launched the study “Conditionality and Article 6: An analysis of updated NDCs of African countries” that analyses the evolution of conditionality and its implementation with a focus on Africa. Practitioners and experts discussed how conditional/unconditional elements may impact Article 6 eligibility. The workshop concluded with whether a more broadly shared understanding of conditionality in NDCs is important for advancing Article 6 implementation.
Key takeaways:

Interpretations of how to apply conditionality to NDC targets differs greatly among countries
These differences may impact access to Article 6, including through ITMO buyer preferences
Empirical analysis of conditional and unconditional elements of updated African NDCs illustrates the different applications
Further work may be needed to define common approaches to conditionality in NDCs to ensure Art 6 eligibility
Reporting of conditional targets is not yet defined

CFI Speakers

Stephan Hoch
Perspectives Climate Group
Moderator

Sandra Greiner
Climate Focus

El Hadji Mbaye Diagne
Afrique-Energie-Environnement

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Analysing the Eastern Africa Carbon Market Portfolio
2021-05-27 15:30 - 16:30 (Europe/Berlin) | I4C 2021
Workshop for Climate Innovation Series
27 May 2021, 9.30AM EDT / 1.30PM GMT / 3.30PM CET / 4.30PM EAT
Recording of the session

Summary
The webinar presented the recently released carbon market profiles of the Eastern Africa Alliance on Carbon Markets and Climate Finance. The Alliance member countries (Burundi, Ethiopia, Kenya, Rwanda, Sudan, Tanzania, and Uganda) have successfully registered a total of 465 Clean Development Mechanism (CDM) activities, being over 50 Project Activities (PAs) and 50 plus Programmes of Activtities (PoAs) containing over 400 individual Component Project Activities (CPAs). Activtities that have issued over 13 million CERs as of December 2020.
In addition, the vast majority of the counties in the region have registered Voluntary Carbon Market (VCM) activities that contribute significantly to Emission Reductions (ER). There are over 200 registered activities, under the Gold Standard, VERRA and Plan Vivo, that have issued over 37 million credits (as of December 2020).
All registered CDM and VCM activities in the Eastern African region have been summarized in the reports published on the Alliance’ website https://easternafricaalliance.org/. These publications further highlight that the region is experiencing important recent interest in innovative mitigation actions (e.g. off-grid electricity, electric mobility, energy access and solar water pumping) engagement under the various carbon standards.
In light of the ongoing CDM transition and uncertainty around the future of carbon markets, the webinar discussed: What will happen with these CDM activities and what lies ahead for Eastern Africa carbon assets? The discussants suggest that it is important to a) promote a dynamic tracking environment to keep record of CDM activities in the region, b) establish data sharing practices between the host governments and standards, and c) build further on the experiences with the CDM and VCM. The webinar further suggests how to address the uncertainty around Article 6 of the Paris Agreement in the region: 1) Protect the vulnerable CDM projects that are at risk of discontinuation, with carbon finance considered as an important element to ensure their continuation, 2) Build global literacy and capacity in the use of VCM 3) Be more intentional about the channelling of carbon finance (i.e. identify the sectors and activity types to be driven by this funding course)and 4) It is important to have institutional frameworks in place.

Speakers

Tim Cowman
Carbon Africa

Africa’s carbon market achievements and potential: Key insights on existing portfolios and potential for transition to Article 6
2021-09-26 14:00 - 15:00 (Europe/Helsinki) | Africa Climate Week 2021, Virtual Thematic Sessions
• 26 September 2021, 2 PM CET / 3 PM EAT
• Africa Climate Week 2021, Virtual Thematic Sessions
Presentation one: An overview of the Eastern Africa Carbon Market Portfolio by Timothy Cowman

Tracking dynamic data (and establishing data sharing practises) across the various standards is a critical base process for countries;
All countries built up invaluable experience under the CDM and VCM from prior consideration to registration and issuance;
VCM is more significant in issuance volumes terms than the CDM;
There were dominant sectors (but variation): CDM – IPPs, cook-stoves, Water Purification, GS – Cookstoves and VCS and PlanVivo – Forestry;
Despite the successes much of the emission reduction potential remains locked in the pipeline which in part (CDM projects) is reaching the end of its shelf life;
Recent activity from new demand centers and emerging mitigation actions (mini-grids) is encouraging in a very dynamic region, especially considering the ability for existing PoAs (e.g. cookstoves) to scale.

Presentation two: The potential for transition to Article 6 in Eastern Africa by Bianca Gichangi, Eastern Africa Alliance

When an activity is eligible for transition, it may continue to apply the currently approved CDM methodology either until of the end of its current crediting period or until 31 December [2023], whichever is earlier. Afterwards, it shall apply an A6.4M methodology.
The issue of baselines and additionality is linked to principles of transparency and conservativeness. Several baseline approaches have been proposed and current discussions focus around availing menu of different approaches versus a single approach
There is an established definition of additionality under CDM however, how to link to NDC and long-term strategies is unclear
The transition of carbon credit units – pre 2020 CERs is highly contentious. There is debate as to whether pre-2020 CERs can be used toward NDC targets and strong stands ‘against’ and ‘for’ transition of units. As of COP 25, compromises put forward include cut-off dates for registered projects and having a reserve.

Panel discussion:
Panelists: Herman Hakuzimana (Rwanda), Issa Nyashilu (Tanzania)

Role of Article 6 carbon market activities for achieving NDC targets

Both panelists highlighted that article 6 of Paris Agreement will play an important role in the achievement of NDC targets through cooperative approaches, building upon the experience of the Clean Development Mechanism (CDM) and other existing market mechanisms.

6 readiness activities, and required capacity suport

Rwanda:

Basing of Standardized Crediting Framework (SCF) pilot, Rwanda is assessing requirements for its participation under Article 6 of the Paris Agreement. Rwanda is currently discussiong with Partners to put in place the necessary infrastructure and governance arrangements, building on the piloted SCF done in 2018
In terms of capacity building, there have not yet developed clear modalities, guidelines and legal framework and operational procedures for the approval of internationally transferred mitigation outcomes (ITMOs).
Issuance and authorization of ITMOs will need deeper technical analysis to understand implications of their transfers and how to avoid double accounting. Capacity support is required to strenghen Rwanda’s readineass for Article 6 implementaiton.

Tanzania:

Article 6 is not yet well mainstrained in the national policies. Currently the country is using CDM market guidleline
Capacity building support is required in order to strenghen Tanzania’s readiness for Article 6 implementation.

Q&A

Going forward in the PA regime the national approval of project will play a critical role in transition of existing project to Article 6. Are countries prepared to play this role in anticipation of positive outcome of COP26?

Many countries, including Rwanda and Tanzania, have not yet developed the procedures. Countries expect clearer guidance on the procedures from COP26.

Speakers

STEPHAN HOCH
Perspectives Climate Group

TOM COWMAN
ClimateCare

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Below you can watch the recording of the event.

https://climatefinanceinnovators.com/wp-content/uploads/2021/11/ACW-Recording_210926-lores.mp4

Harnessing Synergies between Carbon Markets and Climate Finance for Achieving Ambitious NDCs
2021-11-09 19:30 - 20:45 (Europe/Helsinki) | COP26, UNFCCC Side Event
9 November 2021, 6.30 PM GMT / 7.30 PM CET
COP26, UNFCCC Side Event
Recording of the session: https://www.youtube.com/watch?v=CVE_jFffgsM
CFI speakers: Stephan Hoch, Sandra Greiner, Alexandre Dunod

Stephan introduced the panel, which focused on providing a comprehensive overview of Senegal’s NDC and the role of carbon markets and climate finance. Panelists spoke about past carbon finance projects in Senegal, the role of the GCF and ASEA, and the work of Climate Finance Innovators project. Speakers highlighted the importance of peer-to-peer and South-South learning, clarity in Art. 6 and transparency negotiations, and resolving questions surrounding conditionality of NDC targets and corresponding adjustments. The session ended with a discussion of the role of the private sector and outlooks on COP26. To this end, speakers highlighted the need for long-term outlooks for the private sector, a clear Art. 6 agreement, a clear signal to the private sector for further involvement, revenue for adaptation and activities to increase ambition.
Find updated information about this event by following us on LinkedIn or Twitter.

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Implementing Article 6 in Africa: State of play and stakeholder experiences
2022-02-24 13:10 - 17:00 (Europe/Helsinki) | Virtual Zoom webinar
Time: 24 February 2022 @ 1.10 PM GMT / 2.10 PM CET
Zoom-Meeting Link: https://ecologic-eu.zoom.us/j/63658321518?pwd=[REDACTED]
Meeting ID: 636 5832 1518
Passcode: [REDACTED]
During a three-day ICAP Workshop on ‘Challenges and Opportunities for Carbon Pricing in Africa: The Transition from Crediting to Conformity Markets’, participants will get a comprehensive overview of the current developments in the Carbon Market in Africa.
Stephan Hoch will contribute to the workshop with a panel on 24 February at 1.10 PM GMT / 2.10 PM CET. He will report on the current state of affairs and give insights into experiences of stakeholders.

Speakers

STEFAN HOCH
CFI

Focus Group Discussion on Programme of Activities under Article 6 at Africa Climate Week
2022-08-31 10:00 - 11:15 (Europe/Paris) | Africa Climate Week 2022, Libreville, Gabon
Speakers: Stephan Hoch (PCG), Nsikan-George Emana (Climate Focus)
Perspectives Climate Group in collaboration with BMWK, Climate Focus, GFA and MéxiCO2, with support from IETA held a Programme of Activities (PoA) stakeholder meeting to discuss the potential of the PoA concept under Article 6. The side event included government officials and PoA practitioners who engaged in an interactive focus group discussion on PoAs in the context of Article 6, their potential to meaningfully contribute to the achievement of NDCs, and challenges for stakeholders.
The results of the discussion and analysis will be presented to a global audience during COP 27 in Sharm El Sheikh, Egypt.

Financing Sustainable Energy Access in African NDCs Guidebook launch at Africa Climate Week
2022-08-31 15:45 - 16:45 (Europe/Paris) | Africa Climate Week 2022, Libreville, Gabon
Date: 31st August 2022
Time: 15:45 – 16:45 WAT/ 16:45 – 17:45 CET
Location: Africa Climate Week 2022, Libreville, Gabon

CFI Speakers: Stephan Hoch, Peris Waweru and Alexandre Dunod
Climate Finance Innovators launched a new comprehensive guidebook on the potential of carbon markets and climate finance to finance sustainable energy access in African NDCs at a side event at the Africa Climate Week in Libreville, Gabon.
The guidebook conveys how these financing instruments need to align with the new circumstances of the Paris Agreement Rulebook, but also cater to the priorities defined in host country NDCs. It also draws on evidence and real-world case studies from East and Western Africa (GCF best practice and carbon market initiatives).
The side event hosted a panel discussion from regional experts from frontrunner countries, such as El Hadji Mbaye Diagne from Senegal and Muluneh Hedeto from Ethiopia as well as key development partners such as GiZ represented by Rita Rukundo of GiZ Uganda, who shared key messages and reflections and discussed with the audience.
The guidebook is part of a series of projects by the CFI. The publication can be found here

Download Guidebook PDF

African Climate Summit 2023 | Side event
2023-09-05
Side event: How synergies between climate finance and carbon markets can enhance NDC ambition in Ethiopia, Uganda, and Senegal

Date: 05th September 2023
Agenda
Moderator: Sandra Greiner, Climate Finance Innovators/Climate Focus
Speakers:

Moubarak Moukaila, West African Alliance Coordinator, BOAD, UNFCC RCC Lome Regional Coordinator (Regional cooperation as a success factor for mobilizing carbon and climate finance)
Stephan Hoch, Climate Finance Innovators/Perspectives Climate Group: Synergies between climate finance and carbon markets in Africa
Ritah Rukundo, GIZ Global Carbon Markets Programme (GCM), Uganda: GCM support for Uganda and the Eastern Africa regional on carbon markets and climate finance)

Challenge
Accessing carbon markets and climate finance has been a particular challenge in many African countries. Basic infrastructures and knowledge have been created but need to adapt to the rules of the Paris Agreement & NDCs.

Project response
Supporting African carbon market pipeline (especially PoAs) and scaling up mitigation impacts through mobilized results-based climate finance (GCF), knowledge creation and capacity building.
Focus

Partner countries Ethiopia, Uganda, Senegal • Regional initiatives in East and West Africa (UNFCCC, WAA, EAA) • UNFCCC negotiations

African Climate Week 2023 | Side event 1
2023-09-05 08:00 - 09:00 (Europe/Helsinki)
Green Growth in Africa – Concrete Actions for Carbon Market Update
Introduction:
The Africa Climate Summit presented a unique opportunity to showcase and discuss the potential of carbon markets in promoting green growth in Africa. This side event highlighted the efforts made by the Eastern and West Africa Alliances on Carbon Markets and Climate Finance with their 23 members to enhance access to carbon finance through regional collaboration, presenting achievements, address the challenges, and provide recommendations for further advancement in carbon market development in Africa.

Objectives:

To communicate the significant work undertaken by the Alliances, focusing on carbon market readiness support, capacity building, private sector engagement, carbon pricing instrument design, bilateral agreements, and other relevant initiatives.
To address the challenges faced by the Alliances and their member states, including fair pricing and benefit sharing of carbon, capacity building needs, and coordination of initiatives in Africa.
To provide recommendations for overcoming the identified challenges and difficulties, based on the expertise and experience of the Alliances, to maximize the benefits of carbon markets for achieving African NDCs as well as local beneficiaries.

Agenda:

Time
Segment
Speaker

07:00-07:05
(5 min)
Welcome and overview of event objectives
Moderator: Rachel Pekker
EAA- Isaac

07:05-07:15
(10 min)
Keynote address; Minister of Environment Rwanda
Key note input:
– Input on how Carbon Markets can help achieve NDC targets.
– Alignment of financing of Carbon Markets.
– Targets and achievements of the country.
Hon Minister TBC

07:15-07:20
(5 mins)
Welcome remarks, German Foreign Affairs/BMZ (State Secretary)
tbc

07:20 -07:25
(5 min)
Overview of the Achievements and Impact of the Eastern and West Africa Alliance on Carbon Markets and Climate Finance
Isaac Rubayiza
EAA

07:25 -07:40
(15 min)
Panel discussion: Challenges and opportunities of developing carbon markets and implementing the green growth and just transition agenda in Africa (questions to guide panel discussion
· What are the capacity building needs of countries in Africa to participate in carbon markets and how can the fair pricing and benefit sharing of carbon be ensured in carbon markets?
· What are the challenges of ensuring that the benefits of carbon markets are maximized for local beneficiaries in Africa?
· What are the recommendations to the Alliances for overcoming the challenges of fair pricing/benefit sharing, addressing the capacity building needs of countries in Africa to participate and use carbon markets to achieve their NDCs?
Panelists:

Elhadji Mbaye DIAGNE (AGN/WAA)
Moubarak MOUKAILA – BOAD (to be confirmed)
Ms. Rachel Boti-Douayoua

07:40 – 07:45
(5 min)
Interactive Session: Q&A and Discussion with Participants

Rachel Pekker

07:45-07:50
(5 min)
Closing: Key Takeaways and Way Forward

Rachel Pekker

Organizers:

Eastern Africa Alliance on Carbon Markets and Climate Finance
West Africa Alliance on Carbon Markets and Climate Finance
Climate Finance Innovators project team

Participants:

Members of the East African Alliance on Carbon Markets and Climate Finance
Members of the West African Alliance on Carbon Markets and Climate Finance
BMWK
BOAD
EADB
United Nations Framework Convention on Climate Change (UNFCCC) Secretariat

Speakers:

Minister of Environment Rwanda
El hadji Mbaye DIAGNE AGN
Moubarak MOUKAILA
Rachel Boti-Douayoua

Conclusion:
This side event provided an important opportunity to discuss the challenges and opportunities of developing carbon markets in Africa, in a way that resonates with the objectives and ambition of the Paris Agreement. The event will also made recommendations for concrete actions that can be taken to accelerate the uptake of carbon markets in line with the Article 6 rulebook for advancing the green growth and just transition in Africa.
Member Countries
WAA
Benin, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea- Bissau, Mali, Niger, Nigeria, Liberia, Burkina Faso, Sierra Leone, Senegal, Togo and Mauritania
EAA
Burundi, Ethiopia, Kenya, Rwanda, Tanzania, Sudan and Uganda

African Climate Week 2023 | Side event 2
2023-09-07 15:30 - 17:30 (Europe/Helsinki)
Harnessing the Voluntary Carbon Market for NDC Implementation: Designated National Authority (DNA) special technical discussion
Context and objectives:
This special technical discussion brought together experts, policymakers, and stakeholders from diverse organizations and countries. This discussion, hosted by the DNA Forum in partnership with BMWK, GIZ, the West and East African Alliance on Carbon Markets and Climate Finance, was an important opportunity for meaningful discussions, idea exchange, and identification of practical strategies to integrate the VCM in NDC implementation. The primary objective of the session was to explore the potential of the Voluntary Carbon Market (VCM) in advancing country National Determined Contributions (NDCs).

Agenda and detailed run-of-show:
The general details of the session are as follows:

Date: 7th September 2023
Time: 15:30-17:30

Time
Topic
Panelists
Guiding questions

15:30 – 15.40
Introduction + table [BOG] allocation
Moderated by: Malin Ahlberg, BMWK

15:40 – 16:10
10` min per topic
Panel discussion topics
• Supply and demand-side – what do we need for an integer and trusting market? {SEN and WAA}
• How should host-countries guide VCM-investors to enhance NDC-implementation?
• How can host-countries attract private sector to engage in the VCM?
Panelists
• EAA
• WAA
• Ghana/Kenya
• VCMi
• Ind. crediting mechanism, e.g., GS Moderated
Guiding questions can be same as in the BOGs below…

16:10 – 17:00
Discussion break out groups

BOG 1

07:15-07:20
(5 mins)
Supply and demand side – what do we need for a trusting market?
Objectives
Discussions explore the supply and demand-side dynamics of the VCM and the essential components necessary to foster integrity and trustworthiness of the VCM.
Moderated by: Stephan Hoch, Perspectives
Co-hosted by: GIZ
1. How can we ensure transparency and credibility in the VCM to build trust among buyers and sellers of carbon credits?
2. How can we establish effective and credible Measurement, Reporting, and Verification (MRV) mechanisms in the Voluntary Carbon Market (VCM) to ensure the reliability and authenticity of carbon credits?

BOG 2

How should host-countries guide VCM-investors to enhance NDC-implementation?
Objectives
This topic explores strategies and best practices for host countries to attract and engage VCM-investors in projects that align with their NDC goals and priorities. Participants examine the role of policy frameworks, regulatory incentives, and supportive measures that can be implemented to create an enabling environment for VCM investments.
Moderated by: [
Co-hosted by: BMWK (Rachel Pekker)
1. What policy frameworks and regulatory incentives can hostcountries implement to attract and engage VCM-investors in projects that align with their National Determined Contributions (NDCs) and climate goals?
2. How can capacity building and knowledge sharing between host-countries and VCMinvestors be fostered to create an enabling environment for VCM investments and enhance NDC implementation?

BOG 3

07:25 -07:40
(15 min)
How can host-countries attract private sector to engage in the VCM?
Objectives
This topic speaks on how host-countries can attract and engage the private sector in VCM projects, emphasizing the significance of an enabling investment climate, transparent guidelines, financial incentives, and public-private partnerships.
Moderated by: Climate Focus

Co-hosted by: GIZ (Ritah)
1. What strategies and financial incentives can host-countries offer to attract private businesses and industries to actively engage in VCM projects and support climate actions aligned with National Determined Contributions (NDCs)?
2. How can public-private partnerships, capacity building, and knowledge sharing be leveraged to foster collaboration and trust between host-countries and private sector stakeholders, encouraging greater participation in the VCM and the implementation of climate actions?

17:00 – 17:20
Report back from each BOG
Moderated by: BMWK

17:20 – 17:30
Reflections and closing remarks
Moderated by:

The participants worked in 3-6 groups/tables for the BOGs (1-2 BOGs groups per topic).

Workshop: West African Carbon Market Hub, Abidjan
2023-09-26 - 2023-09-28
The West African Carbon Market Hub, took place in Abidjan from September 26th-28th and showcased the commitment of West African countries to the objectives of the Paris Agreement, emphasizing innovative public-private partnerships to mobilize financing for GHG mitigation projects with high adaptation and sustainability impacts. Representatives from West African governments and the private sector delved into the operationalization of Article 6, with a keen focus on the expectations for the upcoming COP in Dubai. The workshop participants investigated the country preparation for Article 6 implementation, showcasing the collaborative efforts of West African nations in building capacity and sharing best practices. They also explored role of voluntary carbon market in operationalizing Article 6.2 s. The workshop identified key recommendations, emphasizing the importance of policy and regulatory frameworks, collaboration with the private sector, technical advancements, capacity building, and an inclusive approach for equitable redistribution of carbon market revenues.
As part of the conference, Climate Finance Innovators organized a workshop that tackled the urgent need for action in transitioning over 100 registered projects and Programmatic of Activities (PoA) activities in West Africa from the Clean Development Mechanism (CDM) to the Article 6.4 Mechanism. As the transition procedure becomes operational in 2024, the workshop, moderated by Axel Michaelowa from Perspectives Climate Group, brought together government representatives from East and West Africa and project developers to explore the opportunities of the transition of activities. The panelists delved into the perspective of project developers on Article 6.4 Mechanism, the handling of transition requests by host countries, and the considerations for governments in authorizing Article 6.4 Emission Reductions (A6.4ERs) from transitioned CDM projects. Overall, the workshop facilitated collaboration and addressed challenges in the transition process, fostering a deeper understanding of the needs and expectations of all stakeholders involved.
