Members: 862
العربية
Français
EnglishBanner Article
Contribute to creating change through your writing
Only through sharing our experiences, insights and knowledge about how to improve our communities can we learn how to more effectively promote change.
User login
Author Information
Article Tags
1001 Africa African Youths arab Arabs Beirut church competition conflict resolution contest culture dialogue Egypt equality equality Women Rights finalist Lebanon Media Middle East Morocco peace politics revolution revolutions twitter UN Western Sahara Women youth youth - peacebuilding - reconciliation أقباط ومسلمين ، أهل مصر ، عادات وتقاليد ، يوميات مدون مصرى سلام شباب
Latest Articles
Popular content
Today's:
Last viewed:
Morocco hosts third African Carbon Credit Forum
Category:
The third Africa Carbon Forum is set to take place at the Palais des Congrès in Marrakesh, Morocco, on July-4–6, 2011, featuring trade fair and knowledge sharing platform for Carbon Investment in Africa.
Designed to spur investment in emission reduction projects and help countries capitalize on the development benefits of the Clean Development Mechanism (CDM) of the Kyoto Protocol, the froum which marks the 10th anniversary of the Marrakesh Accords – the adoption of the rules that govern the CDM .
It will be the place to discuss developments in the African carbon market and how the CDM can increase its mark on the continent, through, among other things, matchmaking and deal facilitation sessions where carbon project developers can showcase their projects to investors and carbon buyers.
The Africa Carbon Forum, an initiative of the Nairobi Framework partner UN agencies and the International Emissions Trading Association (IETA), will build on the growing interest in the CDM in Africa, which now hosts 61 projects in 19 countries.
The Africa Carbon Forum brings together project developers, buyers, service providers, national CDM representatives, international organizations, civil society, and various other private and public sector stakeholders.
“The event is an important part of efforts to scale up and extend the benefits of the CDM to the African continent,” said UNFCCC Executive Secretary Christiana Figueres. “Interest in CDM projects in Africa is growing. It is extremely important that we build on that interest and growth, for the good of communities and the climate.”
In November 2006, then UN Secretary-General Kofi Annan launched the Nairobi Framework, aimed at spreading the benefits of the CDM. Since then, interest in the mechanism in Africa has grown, and with it the number of projects and hosting countries.
Over a thousand participants attended the ACF in Nairobi last year. The Nairobi Framework implementing partners include United Nations Environment Programme (UNEP) and its Risoe Centre; United Nations Development Programme (UNDP), the World Bank, United Nations Institute for Training and Research (UNITAR), United Nations Conference on Trade and Development (UNCTAD), the African Development Bank, and the United Nations Framework Convention on Climate Change secretariat.
- Log in or register to post comments
- Favorites
- Flag Offensive
- 27608 reads
Comments
OKORE GEORGE
Permalink
July 5, 2011 - 7:06am
The World Bank has today
The World Bank has today launched a document called "BioCarbon Fund Experience - Insights from Afforestation and Reforestation CDM Projects”at the Africa Carbon Forum.
The BioCarbon Fund has one of the largest portfolios of this kind and has gathered seven years of experience on Afforestation/Reforestation CDM projects.
The main highlights of the report includes e experience on regulatory issues, on financing such projects, the treatment of permanence, institutional arrangements, land issues related to this and co-benefits.
In addition, a Step-by-Step Guide to Forest Carbon Projects and other relevant materials pertaining to the forest carbon market will be discussed, with the view to assist project developers and other stakeholders interested in forest carbon projects.
OKORE GEORGE
Permalink
July 7, 2011 - 2:51am
Africa accounts for only two
Africa accounts for only two percent of the 3,220-plus registered CDM projects in 71 countries worldwide. However, research suggests that there is a great deal of untapped potential for CDM on the continent, which has seen a strong growth trend in the past few years, as well as increasing private sector interest.
There are now 190 CDM projects at different stages of the pipeline in Africa. This is up from 170 projects at the end of 2010, 130 in 2009, 90 in 2008 and just 53 in 2007. Recent data from the UNEP Risoe Centre show that in the last three years there has been a relatively higher number of projects initiated in Africa than globally.
"The offset project landscape in Africa is changing. The increased appreciation of and interest in the CDM here is starting to transform access to markets, as the PoA statistics indicate. It is obvious that the capacity-building efforts are paying off and the message is getting out. Now, more than ever, we need the long-term market signals for Africa clarified,” said Neeraj Prasad, Manager for the Climate Change Practice at the World Bank Institute.
According to the organizers of the Forum, the most promising development, one that holds particular benefits for Africa, is the growth in the CDM Programme of Activities (PoA) approach. Of the nine programmes so far registered globally, three are in Africa. More are in the works.
Pages