Carbon Finance in Africa

Working and discussion papers
September 2009
Jessica Brown

The purpose of this paper is to summarise key barriers related to CDM activities in Africa, with the objective of highlighting recommendations that African policymakers, negotiators and experts can use, in concert with development partners, to make the changes necessary to expand CDM activities in the African context. This paper draws on the main findings from a longer analysis available at:

http://www.africapartnershipforum.org/dataoecd/40/15/41646964.pdf.

The barriers (and accompanying recommendations) are divided into four sections:

(i) Barriers associated with weak national institutional capacity;

(ii) Barriers related to CDM procedures and modalities within the current Kyoto framework (before 2012);

(iii) Barriers related to constraints on the types of projects eligible for the CDM, to be addressed in the negotiations of a post-2012 framework; and

(iv) Barriers related to financing CDM projects.

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