Announcements
Announcements
With much more progress to be made beyond the nationally determined contributions (NDCs) to meet emissions reduction goals set forth in the Paris Agreement, an unprecedented investment is required in the coming decades to avert climate catastrophe.
While financial support from climate finance and carbon markets fall well short of the investment required to meet these goals, this study examines how these largely independent funding sources can be mixed to support the emissions reductions needed.
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Blending carbon market and climate finance mechanisms to support mitigation projects in developing countries remains in its infancy. This presents an opportunity to develop standards around the attribution of this financing in an effort to accurately account for emissions reductions.
In this analysis, commissioned by the Swedish Energy Agency, we emphasize the importance of attributing funding proportionally to their sources when multiple streams support the same projects or mitigation outcomes.
This study issues recommendations on how these attribution standards can be implemented and spread as good practice among countries and funds in order to strengthen the integrity and true environmental benefit of these activities.
Lambert Schneider
Journal article / This paper presents a framework for assessing the standards and practices of voluntary carbon market crediting schemes related to unit quality.
Other publication / This paper finds that the degree to which the applicants satisfy the International Civil Aviation Organization (ICAO) requirements differs substantially.
Perspective / In this piece for Reuters Breaking Views, SEI's Derik Broekhoff explains how to avoid a "train wreck" amid a surge in voluntary demand for carbon credits.
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