Linking market mechanisms and climate finance in Africa
Delivered for German Federal Environment Ministry / German Federal Ministry for Economic Affairs and Climate Action.
The project pilots replicable climate finance models that contribute to NDC goals. It establishes links between UNFCCC mechanisms and climate finance institutions of the UNFCCC Financial Mechanism (such as the GCF), particularly where canceling emission reduction certificates is used as evidence of results-based climate finance. The partner countries (Ethiopia, Senegal, Uganda) are characterized by ambition, regional lighthouse effects, climate policy relevance and strong networks. In all countries, the project is working with governments and the private sector to formulate climate finance proposals that leverage the potential of existing activities. This mobilizes measures that have great development impact on local communities. The project aims to strengthen the preconditions for ambitious climate policy through the strengthening of national and regional capacities as well as conceptual work. Furthermore, lessons learned will be included in climate negotiations and public debate, and will contribute to the design of PA policy instruments. Cooperation with African climate negotiators aims to strengthen their influence in the UNFCCC process.
- Project lead Stephan Hoch
- Expert Axel Michaelowa
- Expert Sandra Dalfiume
- Expert Dario Brescia
- Expert Sonja Butzengeiger
- Expert Christian Fleischer
- Expert Sherri Ombuya
- Expert Peris Waweru
- Expert Marc André Marr
Partnership for Market Implementation (PMI) The World Bank Group Support for the Operationalization of the Regulatory and Policy/ Institutional Framework for Article 6 Implementation
West African Development Bank (BOAD) West African Alliance on Carbon Markets and Climate Finance 2020-2028
National Determined Contribution Partnership (NDCP) Article 6 Implementation Knowledge Exchange & Capacity Building
