This side event presented research findings and efforts to pilot replicable climate financing models in Ethiopia, Senegal and Uganda that are based on the pipeline of activities under the CDM. The government of Senegal showcased how these activities support the implementation of their NDC goals.
EU PAVILION - ROOM VIENNA
The side event discussed critical aspects that should be addressed by future Article 6 activities, including upscaling to programmatic and policy-based crediting approaches, ambition raising under the Article 6.4 Mechanism, the operationalization of safeguards for environmental integrity and additionality.
This side event presented a project to pilot replicable climate financing models in Africa, drawing on ongoing experiences in Ethiopia, Senegal and Uganda. The pipeline of activities under the CDM was assessed regarding the feasibility of mobilizing international climate financing and projects that are to be brought into the pipelines of these institutions. Partner governments showcased how these activities help to implement the NDCs currently under revision.