News

Africa Carbon Forum Seeks to Improve Africa’s Participation in the CDM

Africa Carbon Forum 28 August 2008: The Africa Carbon Forum will take place from 3-5 September 2008, in Dakar, Senegal. At the thirteenth Conference of the Parties to the UNFCCC in Bali, Indonesia in December 2007, the Secretariat of the UNFCCC announced its intent to convene the first Africa Carbon Forum, in collaboration with the International Emissions Trading Association and the partner agencies of the Nairobi Framework, including the UN Development Programme, UN Environment Programme, World Bank and African Development Bank.

The Nairobi Framework was initiated with the specific target of helping developing countries, especially those in sub-Saharan Africa, to improve their level of participation in the Clean Development Mechanism (CDM). The Africa Carbon Forum will provide a platform to strengthen links between CDM project developers and the region's investment community, and provide opportunities for Designated National Authorities (DNA) representatives to exchange views and share their experiences relating to the CDM, while facilitating knowledge sharing and transactions between project sponsors and global carbon offset credit buyers.

The event will combine a carbon investment Trade Fair and a Conference and policy forum for African DNAs and climate change officials, as well as targeted capacity building on the CDM. The event aims to: strengthen links between CDM project developers and the region's investment community; provide opportunities for DNA representatives to exchange views and share their experiences relating to the CDM; and facilitate knowledge sharing and transactions between project sponsors and global carbon offset credit buyers. Specifically, matchmaking and deal facilitation sessions will enable potential CDM project participants and developers to showcase their projects to interested parties, including investors and carbon buyers. [Forum website] [IISD RS Coverage]