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Home > Carbon Markets > Study on Carbon Market Opportunities and Technologies for Seven Eastern Africa Countries
30
Nov

By: Adminalliance

Comments: 0

The Eastern Africa Alliance has developed a study on carbon market opportunities and technologies for seven countries in the region: Burundi, Ethiopia, Kenya, Rwanda, Sudan, Tanzania, and Uganda.

To find out more, please follow these links for the Study:

  • Summary
  • Full Report
  • Annex I

 

The study uses a multicriteria analysis framework to assess technologies/activities for their suitability in carbon markets. Thirty-seven country-specific technologies and activities were identified through desktop reviews of available literature, namely Nationally Determined Contributions (NDCs), Technical Needs Assessments as well as relevant climate strategies, policies and plans. In addition, key country-level stakeholders were engaged through various means, including an electronic survey and virtual interviews.

Considering the specific circumstances and priorities of each country, the analyses resulted in a “top-five list” per country.

Prioritising mitigation technologies and activities could assist countries in developing technology “positive lists”, which may be used in respective Article 6 Frameworks. The adoption of sustainable and low-carbon technologies can work towards mitigating GHG emissions, supporting the transition to a green economy, and achieving the region’s sustainable development objectives. The study underscores the critical importance of aligning climate measures with long-term strategies and decarbonization plans outlined in each country’s NDCs. Prioritising activities and technologies that align with specific needs and objectives is crucial for effectively accessing carbon financing opportunities.

This study was developed with the support of GIZ’s Global Carbon Markets Programme on behalf of the German Federal Ministry for Economic Affairs and Climate Action, UN Climate Change via its Regional Collaboration Centre for East and Southern Africa, and Promethium Carbon.

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Eastern Africa Alliance on Carbon Markets and Climate Finance

The Eastern Africa Alliance on Carbon Markets and Climate Finance is a coalition of seven member countries, Burundi, Ethiopia, Kenya, Rwanda, Tanzania, Uganda and Sudan. The Alliance was born out of the need to participate, shape and enhance the regional readiness with regard to the new generation of market mechanisms under Article 6 of the Paris Agreement.

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