Eastern Africa Regional Carbon Market Dialogue: Public-private engagement on the role of Article 6 and the Voluntary Carbon Market
17/03/2025
09:00
EEST
The Eastern Africa Alliance on Carbon Markets, GIZ, Regional Coordination Centre for Eastern and Southern Africa of the UNFCCC, International Emissions Trading Association (IETA)
Format
In Person
Coverage
Sub-Saharan Africa
Theme(s)
NDC and Transparency, Private Sector Engagement, High Integrity Carbon Markets
The workshop brought together a broad group of carbon market stakeholders, ranging from local project developers to potential investors with carbon market experience and interest in Eastern Africa countries, including public and private sector representatives, youth, financing institutions, and technical experts.
Objectives of the workshop:
- Gain comprehensive knowledge of technical aspects concerning carbon markets and climate finance, covering Article 6 rulebook topics such as Internationally Transferred Mitigation Outcomes (ITMOs), updates to baseline and monitoring methodologies, approval and authorization processes, NDC accounting procedures, and participation requirements for market engagement.
- Analyze the potential and obstacles associated with the transition of the Clean Development Mechanism (CDM) for private sector entities.
- Deepen the understanding of voluntary carbon markets (VCM) and how they can help accelerate NDC implementation in East Africa with the correct incentives and safeguards.
- Understand the interaction between independent carbon crediting mechanisms and Article 6 of the PA. Facilitate networking sessions to connect private sector stakeholders interested in carbon projects with potential partners
