Africa Carbon Forum 2014: 2-4 July, Namibia

Africa Carbon Forum 2014: 2-4 July, Namibia

The sixth Africa Carbon Forum will take place in Windhoek, Republic of Namibia, on 2-4 July 2014 to support Africa’s participation in global carbon markets and catalyze green investment opportunities.

This year’s forum is an opportunity for participants to learn about the present and future of carbon markets, sources of climate finance, international climate change negotiations, examples of low-carbon development strategies, and the opportunities to use carbon credits generated by the Clean Development Mechanism (CDM) more easily for voluntary purposes, in addition to their use in compliance markets.

The forum is jointly organized by the United Nations Framework Convention on Climate Change (UNFCCC), the United Nations Environment Programme (UNEP) along with the UNEP Risoe Centre (URC), the World Bank (WB), the African Development Bank (AfDB) and the International Emissions Trading Association (IETA).

Participants will learn from experts in the public and private sectors about the developments around Nationally Appropriate Mitigation Actions (NAMAs), Reducing Emissions from Deforestation and Forest Degradation (REDD+), New Market Mechanisms (NMMs) and the Framework for Various Approaches (FVA).

Emphasis will also be placed on the programmatic approach, i.e. PoAs, which is particularly suited to small or micro-scale projects that are common in Africa. Under PoA, similar projects can be integrated under one ‘programme umbrella’ reducing transaction costs and making the mechanism more attractive and accessible to least developed countries. Of the 252 PoAs registered globally, an impressive 78 are in Africa, representing more than 30 per cent of existing PoAs.

The Africa Carbon Forum 2014 builds on the success of last year’s forum in Abidjan, Côte D’Ivoire, which brought together more than 700 policy-makers, project developers and investors from five continents. It provided an opportunity to exchange views, share knowledge and learn more about the latest international and national policies and operational issues related to carbon markets.

The forum is organized under the umbrella of the Nairobi Framework, which was launched in 2006 by then Secretary-General Kofi Annan with the aim to assist developing countries, especially those in sub-Sahara Africa, to improve their level of participation in the CDM.

Africa Carbon Forum 2014: