Download or read book Global Carbon Markets Are There Opportunities for Sub Saharan Africa written by Elizabeth Bryan, Wisdom Akpalu, Mahmud Yesuf, and Claudia Ringler and published by Intl Food Policy Res Inst. This book was released on with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Carbon Markets written by Elizabeth Bryan and published by . This book was released on 2008 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Climate Change and Select Financial Instruments An Overview of Opportunities and Challenges for Sub Saharan Africa written by Anna Belianska and published by International Monetary Fund. This book was released on 2022-11 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa (SSA) is the region in the world most vulnerable to climate change despite its cumulatively emitting the least amount of greenhouse gases. Substantial financing is urgently needed across the economy—for governments, businesses, and households—to support climate change adaptation and mitigation, which are critical for advancing resilient and green economic development as well as meeting commitments under the Paris Agreement. Given the immensity of SSA’s other development needs, this financing must be in addition to existing commitments on development finance. There are many potential ways to raise financing to meet adaptation and mitigation needs, spanning from domestic revenue mobilization to various forms of international private financing. Against this backdrop, SSA policymakers and stakeholders are exploring sources of financing for climate action that countries may not have used substantially in the past. This Staff Climate Note presents some basic information on opportunities and challenges associated with these financing instruments.
Download or read book How Best to Generate Carbon Revenue for Small scale Projects in Sub Saharan Africa written by Peter Stuart Atkins and published by . This book was released on 2013 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Clean Development Mechanism (CDM) has not worked for sub-Saharan Africa and its mainly small projects, delivering only 0.3% of the total CDM carbon offsets. This is thought to be because of the low intensity of the greenhouse gas reducing interventions prevalent in sub-Saharan Africa, the lack of institutional capacity relating to the CDM processes, the high transaction costs of the lengthy CDM process - typically amounting to R 500 000 per project per year and taking years to complete the process. An alternative for small carbon emission-reducing projects is to register carbon reductions with the voluntary carbon market and its Verified Emission Reductions (VERs) carbon credits. By examining the carbon markets in some detail through the lens of a particular case study, this dissertation has investigated and identified the main factors affecting the cost-effective generation of small emission reduction projects in sub-Saharan Africa. The chosen case study was a small-scale South African voluntary carbon project, the Umdoni bioethanol gel fuel-switching project. Umdoni was identified as an example of a project that generated carbon revenue outside of the CDM. By assessing the manner in which this project addressed the critical requirements of the carbon market while simultaneously alleviating poverty, the study seeks to provide new insight in the components of effective carbon markets. Both the detailed understanding of the voluntary carbon market components and the exposition of an example in which this market worked effectively is considered important at a time when the efficacy of the CDM is being reviewed, casting uncertainty over the role of market based instruments in addressing the global threat of an anthropogenically warmed climate. The study has identified the main factors affecting the ability of small carbon projects to generate net-positive carbon revenue and has suggested ways a small project could exploit this information to its benefit.
Download or read book Introduction to Emerging Carbon Offset Markets written by Patrick Karani and published by . This book was released on 2002 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Overview of the Carbon Trading Landscape written by Auriel Niemack and published by . This book was released on 2010 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to meet its international and domestic carbon emissions requirements, South Africa needs to substantially rethink its current energy and industrial trajectories. This represents a massive challenge for any country with such a high dependence on coal as part of its energy mix -- especially in light of retaining its global competitiveness and maintaining its economic growth. This paper interrogates the opportunities and pitfalls of international carbon trading and market schemes, as a means to reduce carbon emissions and increase the participation of developing countries in voluntary mitigation activities. To date, African countries remain marginalised in the debate and underrepresented in the local generation of carbon credits. While South Africa fares slightly better than the rest of the continent, it still faces challenges of securing conventional finance to initiate projects, and the adequate capacity to deal with the numerous infrastructural, technical and procedural hurdles. Policymakers need to be aware that domestic regulatory and institutional policy processes can both facilitate or hinder the inclusion of South Africa in these markets. It is clear that project funding will only be guaranteed when there is more clarity in the expected outcomes of the multilateral process, and increased policy certainty in the future scope and nature of the carbon trading system and the Clean Development Mechanism. The global demand for carbon credits exists but it is essential to first obtain the necessary financing and emerge from the regulatory process more quickly.
Download or read book REDD credits in a global carbon market written by Arild Angelsen and published by Nordic Council of Ministers. This book was released on 2014-09-17 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can REDD credits be included in a future global carbon market, and what are the impacts of inclusion? We analyze ten different scenarios through 2020, varying the global emission caps and the REDD rules. An inclusion of REDD credits without any adjustments in the global cap will lower carbon prices significantly and cause crowding out. The cap must move towards the 2 degrees climate target if REDD inclusion is to maintain high carbon prices and strong incentives for emissions reductions in other sectors. At the same time, reaching the 2 degree target without full REDD inclusion will increase global mitigation costs by more than 50%.
Download or read book State and Trends of the Carbon Market 2006 written by Karan Capoor and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Many African countries have thin energy and industrial sectors with limited opportunities to reduce carbon emissions, certainly relative to countries such as China and India. Carbon sequestration from avoided deforestation and from agriculture--potentially important areas for climate mitigation and important in many African economies--has been systematically excluded from the Clean Development Mechanism (CDM). At the same time, CDM-eligible assets from afforestation and reforestation are excluded from entry into the large European Union-Emissions Trading Scheme (EU ETS), substantially limiting their market value and potential share in the multi-billion dollar global carbon market. The Africa share of the CDM market is lower than the share of African countries to developing nations in Foreign Direct Investment (FDI) over the past few years, which has been around 10 percent.
Download or read book Carbon Trading in Africa written by Trusha Reddy and published by . This book was released on 2011 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Climate Change Carbon Trading and Civil Society written by Patrick Bond and published by University of Kwazulu Natal Press. This book was released on 2009 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rev. ed. of: Climate change, carbon trading and civil society. 2nd ed. 2007.
Download or read book Low Carbon Development written by Raffaello Cervigni and published by World Bank Publications. This book was released on 2013-08-05 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.
Download or read book Carbon Pricing in Sub saharan Africa written by and published by . This book was released on 2020 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Low Carbon Energy Projects for Development in Sub Saharan Africa written by Christophe de Gouvello and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Youth Employment in Sub Saharan Africa written by Deon Filmer and published by World Bank Publications. This book was released on 2014-01-24 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The series is sponsored by the Agence Francaise de Developpement and the World Bank."
Download or read book Carbon Farming in Africa written by Friederike Schilling and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Intergovernmental Panel on Climate Change (IPCC) highlights the importance of reaching net-zero CO2 emissions globally by 2050. Unlocking the potential of natural climate solutions in the strive for net-zero emissions is increasingly gaining attention. A large potential may arise from the adoption of agricultural practices that increase carbon sequestration in soils and plants and reduce or avoid greenhouse gas (GHG) emissions in agricultural production, referred to as carbon farming. In practice, existing markets fail to internalize environmental externalities, creating a mismatch between individual costs and societal benefits of carbon farming. One solution to bridge this gap are payments linked to the implementation of carbon farming practices. To support the development of wellfunctioning agricultural carbon markets, supporting research is crucial. We assessed the opportunities and challenges for involving smallholder farmers in emerging agricultural carbon markets. We placed a specific emphasis on summarizing the state of knowledge in four areas: i) agricultural markets as a funding institution for carbon farming, ii) the role of payments for carbon sequestration in incentivizing the adoption of carbon farming practices, iii) the scaling of smallholder farmers' opportunities in carbon farming by capitalizing on farming groups, and iv) the cost-effective monitoring, reporting and verification of changes in carbon stocks. Further research that supportsthe accurate and cost-effective monitoring of carbon sequestration, reduction and avoidance of GHG emissions as well as implementation research that focuses on the institutional arrangements required to tap potentials for carbon credits to promote sustainable production methods in Africa will be needed.
Download or read book Carbon Markets written by Arnaud Brohé and published by . This book was released on 2009 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Choice Outstanding Academic Titles of 2010 award. This book is a comprehensive and accessible guide to understanding the opportunities offered by regulated and voluntary carbon markets for tackling climate change. Coverage includes:- An overview of the problem of climate change, with a concise review of the most recent scientific evidence in different fields- A highly accessible introduction to the economic theory and different constitutive elements of a carbon allowances market- Explanation of the Kyoto Protocol and its flexibility mechanisms- Explanation of how the EU Emissions.
Download or read book Climate Change and Sub Saharan Africa written by Arne Dalfelt and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Largely due to the potential threats to development, and human lives of well known climate changes, the World Bank is getting involved in a range of activities under the subject. The note focuses on climate changes in Africa, and, although it is argued that greenhouse gas (GHG) emissions from development projects in Africa should be paid minor attention, - because GHG emissions from Africa are negligible on a global scale; industrial countries should be the ones to bear major costs of reducing GHG emissions; and, due to the complex, tentative nature of potential impacts resulting from climate change - these factors do not mean that emissions are irrelevant in the African context. It is anticipated that changes in climate will result in adverse socioeconomic impacts in Africa, related to factors associated with the vulnerability of society, and the sensitivity of the environment. There is high dependency on bio-fuels, and agriculture and forestry, aggravated by restricted population mobility, poor health facilities, high population growth, and low material standards. Whereas concerns of climate change in development projects are prevalent, other factors need further attention: the trans-boundary, and global effects of climate change; cumulative effects of GHG emissions; the complexity in assessing climate change impacts at regional levels; international responsiveness to climate changes, due to the challenging nature of national sector policies, and institutional frameworks; and, the significance of climate change impacts on the socioeconomic environment.
