The second all African Carbon Forum took place earlier this month at the United Nations Gigiri complex in Nairobi, Kenya. The Nairobi Framework partner UN agencies and the International Emissions Trading Association (IETA) initiated the forum with the aim of building on the growing interest in the Kyoto Protocol’s clean development mechanism (CDM) in Africa.
Saleable certified emission reduction credits can be earned under the CDM by projects that reduce greenhouse gas emissions and contribute to sustainable development. As a result the CDM is helping to address climate change by stimulating investment in clean sustainable development.
Many countries are eager to scale up and extend the benefits of the CDM to more countries. The all African Carbon Forum is an important part of that effort as it brings together project developers, buyers, service providers, national CDM representatives and various other private and public sector stakeholders.
The 500 participants included 60 national representatives from more than 30 African countries. The focus of the conference programme was on topics of special interest to CDM in Africa with the expressed intention of catalyzing CDM activity on the continent. Some of these topics of special interest include the emerging opportunities in the area of agriculture, forestry and land use; carbon finance in waste management, reducing emissions from deforestation and forest degradation (REDD) in Africa; opportunities for renewable energy; Africa friendly methodologies and programmes of multiple CDM project activities and lastly raising capacity of CDM stakeholders.
The Nairobi Framework was established in November 2006 by then Secretary General Kofi Annan. It was aimed at spreading the benefits of the CDM and since its launch interest has grown in the mechanism as a consequence the number of projects and hosting countries has grown as well. Although it should be noted that Africa still only accounts for less than 2% of the 2,040 CDM projects registered to date in 62 countries.
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April 10th, 2010 at 12:24 PM
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September 27th, 2010 at 5:03 AM
This a great news to our mother earth. First world countries should help third world countries to help this promote this CDM