Rollout of SCF in Carbon Initiative for Development (Ci-Dev) program countries
Project description
The Standardized Crediting Framework (SCF) provides an opportunity to developing country governments to set-up the structures and procedures for engaging in Article 6 cooperative approaches and to test these through real projects and investments.
The Carbon Initiative for Development (Ci-Dev) is a fund that mobilizes resources for clean energy access programs in low-income countries and which uses the activity cycle of carbon market crediting standards for disbursement of results-based climate finance. Ci-Dev has developed the SCF as a simplified crediting framework for host countries to access Article 6 cooperative approaches and carbon finance.
In this project, Carbon Limits is working on the "Rollout the Standardized Crediting Framework (SCF)" in 8 Ci-Dev countries in order to prepare them for emission reductions crediting after 2020. The rollout is also facilitating continued support to these programs from Ci-Dev and capacity building of host country governments on various aspects of Article 6 implementation. The rollout also provides comprehensive insights that could usefully inform the negotiations on market mechanisms and other countries seeking to replicate the experience in Ci-Dev countries to achieve their Nationally Determined Contributions (NDCs).