Research consultant| Climate change| Green growth| Just Transition| Clean energy| WASH| Delivering research based solutions
As the carbon market landscape is continously changing, there is need to keep an eye on the recents trends including sharing the best practices in order to ensure success of carbon projects.
🚨 #COP29 alert! 🔊 Delighted to announce that The World Bank, VCMI, The Integrity Council for the Voluntary Carbon Market (ICVCM), UNDP, Global Green Growth Institute and Japan's Article 6 Implementation Partnership have come together to help countries navigate the complex decisions around carbon market participation. ❓ What type of questions does this framework help countries answer? 1️⃣ "The interplay between the emission trading systems, Article 6, and other markets (including VCM) is confusing. Help demystify this confusing space!" 2️⃣ "We're seeing increasing demand from private sector for removals and to authorize ITMOs. How do I do this given we're still updating our NDCs and want them to be more ambitious?" 3️⃣ "We're developing an ETS bill, how should the bill consider use of credits (VCM or ITMOs)?" 4️⃣ "How should we think about criteria for deciding when to allow credits into ETS?" ...and so on. 👉 Check out the note here https://lnkd.in/e6VPF_Zk 🚀 What's next? Detailed guidance, with tools to help answer these questions, along with case studies and examples by May 2025. This is a first step toward unifying global capacity-building efforts and ensuring clarity for all. KAZUHISA KOAKUTSU Fenella Aouane Marshall Brown Amy Merrill Anton Tsvetov Lorna Ritchie Leticia Guimaraes Mark Kenber George Hodgetts Lydia Sheldrake Bianca Gichangi Chandra Shekhar Sinha Hari Gadde Sandhya Srinivasan Shreya R. Pierre Guigon Kym Smithies Andrea García Salinas #ClimateFinance #CarbonMarkets #SustainableDevelopment #WorldBank #COP29 #PMIF