Photo: ETA+ / Unsplash.
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.
