Project description

In this project for the World Bank’s Carbon Initiative for Development (Ci-Dev), Carbon Limits identified new approaches to crediting emission reductions that go beyond the current CDM PoA model to reduce transaction costs and incentivize various stakeholders for energy access programs. The model also provides a coherent framework for channeling carbon and climate finance, and ideas on how piloting this framework could support the development of the Article 6 mechanisms under the Paris Agreement.  The study included analysis and stakeholder interviews on how to address barriers that increase complexity, transaction costs, and uncertainty for energy access programs seeking carbon and climate finance.