More than 1,000 participants from both the private and public sector from Africa and other parts of the world participated in the second Africa Carbon Forum that took place in Nairobi, Kenya in 2010, pointing to the immense interest for Clean Development Mechanism projects and the potential for carbon markets and trading in Africa.
UNITAR and the Nairobi Framework Partners are once again delighted to announce preparations for the Third Africa Carbon Forum that will take place 5 to 6 July 2011, in Marrakesh, Morocco, and expected to attend will be; CDM designated national authorities, project developers, buyers and service providers, including various private and public stakeholders from Africa and around the world.
The Africa Carbon Forum is a trade fair and knowledge sharing platform for carbon investments in the region and brings together all stakeholders of CDM development in Africa, in order to catalyze CDM activity on the continent, and in addition build interest in the Kyoto Protocol’s Clean Development Mechanism (CDM) in Africa.
Among some of the highlighted topics to be discussed by renown experts from public and private sectors during the Forum, will include;
- Transitioning toward low-carbon sustainable development;
- The role of climate finance instruments in promoting green investment;
- Challenges in financial engineering for climate-friendly projects;
- Cities and Carbon Finance;
- Forestry, REDD;
- Scaling up clean and efficient technologies.
Furthermore the “matchmaking sessions” also included in the agenda are another highlight that will enable potential CDM project participants and developers to showcase their projects to interested parties, including investors and carbon buyers.
In November 2006, then Secretary-General Kofi Annan launched the Nairobi Framework to spread the benefits of the CDM to developing countries, and since then interest in the mechanism has grown, although Africa still accounts for two percent, of the 2823 CDM projects registered to date in 70 countries. By bringing together potential buyers and sellers, the Africa Carbon Forum is one way of increasing this figure.
The Partners of the Nairobi Frame work include: UNITAR, International Emissions Trading Association (IETA), United Nations Environment Programme (UNEP), United Nations Development Programme (UNDP), The World Bank (WB), The African Development Bank (AFDB), United Nations Conference on Trade and Development (UNCTAD) and the United Nations Framework Convention for Climate Change( UNFCCC).
For more information about the Forum and how to participate please visit the Africa Carbon Forum Website.