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| Title | The Gold Standard Side Event at Carbon Expo Barcelona |
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| Description |
The Gold Standard Foundation will be hosting a side event at Carbon Expo Barcelona to discuss an exciting new three-year programme to develop a set of innovative tools that will lower entry barriers and allow for the scale-up of carbon market activities in under-represented regions, such as Sub-Saharan Africa. Least Developed Countries (LDCs), Landlocked Least Developed Countries (LLDCs), Small Island Developing States (SIDSs) and poorer regions of developing countries have to-date attracted under proportional amounts of carbon finance. With the focus of the CDM shifting in a post-2012 regime, the need for innovative approaches and institutional preparation to generate emission reductions from these regions has become much more pressing.
The funding for this three-year programme will be used to develop top-down methodologies tailored to suppressed demand and micro-scale projects, generate more refined guidelines for Gold Standard Programme of Activities (PoAs). It will provide new rules and schemes for micro-scale activities, build institutional capacity for Designated National Authorities (DNAs) and auditors with respect to sustainable development criteria and develop collaborative relationships to harness their local expertise and knowledge, and finally, create ‘entrepreneurial’ capacity amongst project proponents. This project is part of the International Climate Initiative. The German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) supports this initiative on the basis of a decision adopted by the German Bundestag. The Gold Standard Foundation will be working with organisations such as Perspectives, SouthSouthNorth and NIRAS on delivering concrete solutions with the hope that in time these activities will be adopted under compliance schemes. Side Event Details:
Session Title: Innovation and institutional preparation to expand the carbon market in under-represented regions
Speakers will include:
Thursday 2 June
Room 11, Level 0
18:30-19:30
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