Global Practice

Carbon Pricing Global Practice

 

GGGI’s Carbon Pricing Unit aims to support GGGI’s Member and partner countries to set a price for carbon and access carbon finance. It plays an increasingly important role in delivering GGGI’s strategic outcomes, primarily by unlocking international carbon finance to increase ambition, above and beyond countries’ climate commitments under the Paris Agreement, but also by building knowledge and awareness on the mitigation potential of well-designed carbon pricing policies. It provides key services in carbon pricing policy design, development of regulatory frameworks and institutional capacity, design and structuring of transactions, and thought leadership.

International carbon finance has the potential to become the dominant form of finance for climate action because it involves multiple stakeholders crucial to solving the climate crisis such as the private sector and governments that determine countries’ climate ambitions. Currently, carbon finance is only restricted by supply/demand dynamics associated with mitigation outcomes. Rising to contribute to solving these restrictions and open carbon markets, GGGI’s Carbon Pricing Global Practice is a leading actor in global piloting of international carbon transactions under Article 6 of the Paris Agreement.

 

Projects

UG56
Countries
UG56 Creation of a Transitional Climate Finance Unit (TCFU) and the COP26 Taskforce at MoFPED
Start Date Q2 April 21, 2022
Funding Source
Actual Budget (USD) 1,950,000
Status Active
Thematic Area
  • Climate Resilient and Green Growth
  • Carbon Pricing
  • Climate Finance
  • Green Jobs
  • Green Growth
  • Green Growth Index
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GY05
Countries
GY05 Monitoring, Reporting and Management Support for Guyana-Norway Partnership portofolio
Start Date Q3 2021
Funding Source
Actual Budget (USD) 1,168,923
Status Active
Thematic Area
  • Forest (Sustainable) Landscapes
  • Cross Cutting
  • Sustainable Landscapes
  • Green Finance
  • Carbon Pricing
  • Climate Finance
  • GHGI
  • Monitoring
  • Reporting and Verification
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RW31
Countries
RW31-Smart and Electric Public Transport Services for Low-Carbon City Development in Rwand
Start Date Q3 2021
Funding Source
Actual Budget (USD) 150,000
Status Active
Thematic Area
  • Green Cities
  • Sustainable Energy
  • Cross Cutting
  • Gender and Inclusive Development
  • Sustainable Transport
  • Waste
  • Solar Energy
  • Climate Resilient and Green Growth
  • Startups
  • Carbon Pricing
  • Green Jobs
  • Green recovery
  • GHGI
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RW27
Countries
RW27-Supporting the Transition to E-mobility in Rwanda
Start Date Q1 2021
Funding Source
Actual Budget (USD) 47,574
Status Active
Thematic Area
  • Green Cities
  • Sustainable Energy
  • Cross Cutting
  • Gender and Inclusive Development
  • Sustainable Transport
  • Climate Resilient and Green Growth
  • Green Finance
  • Startups
  • Carbon Pricing
  • Green Jobs
  • GHGI
  • Monitoring
  • Renewable Energy
View
GIS03
Countries
GIS03 Article 6 Sectoral Approach and Enabling Environment
Start Date Q1 July 1 2019
Funding Source
Actual Budget (USD) 600,033
Status Active
Thematic Area
  • Green Cities
  • Sustainable Energy
View

News

News • November 21, 2022

GGGI and German Federal Ministry for Economic Affairs and Climate Action Launch the Community of Practice for Article 6 Implementing Countries

On 9 November 2022, the Global Green Growth Institute (GGGI) and the German Federal Ministry for Economic Affairs and Climate Action (BMWK) launched the Community of Practice for Article 6 Implementing Countries (CoP-ASIC). The CoP-ASIC is one component of “Supporting Preparedness for Article 6 Cooperation” or SPAR6C, a program of the International Climate Initiative (IKI). […]

News • November 3, 2022

ONEP launches projects to reduce greenhouse gas emissions and global warming

Bangkok, Thailand – On 12th October 2022 the Office of Natural Resources and Environmental Policy and Planning (ONEP), the National Designated Authority of the Green Climate Fund (GCF), launched the GCF Readiness and Preparatory Support Programme to help Thailand curb greenhouse gas emissions and global warming. The initiative is a collaborative effort between the Thailand […]

News • September 21, 2022

Blueprint for Cambodia’s strategic Article 6 engagement achieved

Siem Reap, 15-16 September 2022, the Global Green Growth Institute (GGGI) and Department of Climate Change of Ministry of Environment Cambodia led an inter-ministerial workshop attended by the National Sub-Working Group for Greenhouse Gas Inventory. The workshop  presented strategic decision options that could be applied in Cambodia to set the parameters for authorizing mitigation activities […]

News • July 26, 2022

Round Up: Third meeting of the Project Steering Committee DAPA ” Design of Policy Approaches under Article 6 of the Paris Agreement”

Round Up: Third meeting of the Project Steering Committee DAPA ” Design of Policy Approaches under Article 6 of the Paris Agreement”    Rabat, Morocco May 18, 2022 – The Global Green Growth Institute (GGGI) in close collaboration with the Ministry of Energy Transition and Sustainable Development, organized the third steering committee virtual meeting of […]

News • July 1, 2022

GGGI Completes Consultation Phase for the Design of the Article 6 Carbon Transaction Platform

Seoul, Republic of Korea – On 9 June 2022, the Global Green Growth Institute (GGGI) completed the 3-month consultation phase for its latest initiative to promote the opening of international carbon markets, the Carbon Transaction Platform (CTP). The “Global Event on Article 6 and the Carbon Transaction Platform” was a hybrid online/in-person event hosted at […]

News • June 9, 2022

GGGI facilitates Memorandum of Understanding between Nepal and Sweden for bilateral cooperation under Article 6 of the Paris Agreement

Stockholm, Sweden; 1 June 2022 – On the sidelines of the Stockholm+50 meeting, the Swedish Energy Agency (SEA) and the Government of Nepal, represented by the Secretary of the Ministry of Forests and Environment (MOFE), today signed a Memorandum of Understanding (MOU) to cooperate on the implementation of Article 6 of the Paris Agreement. The […]

News • May 27, 2022

GGGI AT COP15 ON DESERTIFICATION

UNCCD CoP 15 was held in Abidjan, Cote d’Ivoire from May 9 to 20, 2022. This was GGGI’s first participation at the desertification CoP, marked by a video message from P&C of GGGI Mr. Ban Ki Moon, and a statement from DDG Mrs. Helena Mcleod at the Heads of State summit, in which GGGI pledged […]

News • May 3, 2022

Greening the New Bugesera Airport Validation Meeting

29 March 2022, Kigali, Rwanda: The Global Green Growth Institute (GGGI) in collaboration with Aviation, Travel and Logistics (ATL) Holding Ltd, an entity affiliated to the Rwanda Ministry of Infrastructure (MININFRA) hosted a virtual validation meeting on the Greening of the new international airport in Bugesera. Participants that joined the virtual meeting were representatives from […]

News • May 3, 2022

Rwanda Plastic Waste Web Portal Launch

30th March, Kigali Rwanda the Global Green Growth Institute in collaboration with Rwanda Environment Management Authority (REMA), and Foreign, Commonwealth & Development Office (FCDO)  and Save The Environment Initiative (SEI) officially launched the Plastic Waste Web portal , the hybrid event took place at the newly renovated Norrsken House. The event was attended by different […]

News • April 26, 2022

The basics of Article 6 shared with the national ecosystem

Article 6.4 of the Paris Climate Agreement to allow private companies to access this new market is being configured, a Senegalese official announced. The carbon market is a mechanism for trading greenhouse gas emission rights. It is one of the incentives provided for by the Kyoto Protocol to encourage states to reduce their emissions and […]

News • April 6, 2022

GGGI held the ordinary session of the senegal cooperation steering committee

The Ministry of Environment and Sustainable Development convened the ordinary session of the steering committee of the GGGI country cooperation programme in Senegal in the presence of the statutory party members. As usual at the beginning of each year, the steering committee meets to examine the evolution of the implementation of the programme in 2021, […]

News • March 31, 2022

Cambodia steps up Article 6 preparation

On March 25, 2022, the Global Green Growth Institute (GGGI), together with the Ministry of Environment held an inter-ministerial workshop introducing key decisions to be taken as part of Cambodia’s preparations for carbon trading under Article 6 of the Paris Agreement. Cambodia recognizes climate change as a major challenge in its development journey and is […]

News • March 25, 2022

Uganda Green Growth Development Strategy (UGGDS)

The Uganda Vision 2040 aspires to pursue economic development and socioeconomic transformation premised on the principles of a green economy such as equity, environment sustainability, resource efficiency, climate change adaptation and mitigation and inclusiveness. Accordingly, the National Planning Authority in partnership with the Climate Change Department of the Ministry of Water and Environment with financial […]

News • March 21, 2022

Representatives of Ministries of Republic of Mozambique tour Rwanda on a 5 day Knowledge Exchange Visit

13-18 March 2022, Kigali , Rwanda. The Global Green Growth Institute (GGGI) is a delivery partner of the GCF readiness project “Implementing the Nationally Determined Contributions (NDC) to Promote Low-Carbon Growth in Mozambique” that is being implemented for the Government of Mozambique (GoM). The project, implemented, together with the Ministry of Land and Environment through […]

News • March 4, 2022

A mobilization meeting Ahead of the Dakar World Water Forum

GGGI has signed a convention with the World Water Forum Executive Secretariat SEFME as a key partner in promoting this international event. As part of the mobilization of high-level partners, GGGI and SEFME colleagues organized a preparatory meeting on the participation of our organization in this forum. GGGI as the privileged advisor of the State […]

News • January 18, 2022

Technical Committee selected policy approaches as part of DAPA project

SENEGAL; December 20, 2021 – The National Committee on Climate Change – COMNACC chaired a technical committee for the selection of policy approaches as part of the DAPA project phase II. The technical committee was composed of representatives from sectorial ministries embedded in the process, including the Ministry of Environment and Sustainable Development, Ministry of […]

News • December 27, 2021

GGGI Rwanda hosts the consultation workshop on the revised GGGI Rwanda Country Planning Framework (CPF) 2021-2025

GGGI Rwanda through one-on-one consultations revised and drafted the new GGGI Rwanda Country Planning Framework and presented the draft to key stakeholders and partners for input, feedback, and validation during  a consultation workshop held at Serena Hotel in Kigali , Rwanda. The workshop was an opportunity for the GGGI team to guide the endorsement by […]

News • December 13, 2021

National awareness training on end of life Electric & Electronic Equipment (EEE) towards sustainable E-waste management

In Bugesera ,Rwanda on 2nd and 3rd Dec ,EnviroServe Rwanda in partnership with GGGI, and Rwanda Utilities Regulatory Authority (RURA) conducted a 2 day training to train 100 staff from various public and private institutions generating e-waste countrywide. The targeted staff were Corporate Services/HR, Procurement, and IT from different public and private institutions (70) and […]

News • November 12, 2021

GGGI at COP26 Events on Article 6 and Carbon Markets

Glasgow, United Kingdom; November 12, 2021 – GGGI Deputy Director & Head of Carbon Pricing Global Practice, Ms. Fenella Aouane, represented GGGI at side events of COP26 in Glasgow to share her insight into various topics surrounding Article 6 of the Paris Agreement and carbon markets. On November 5 at the Indonesia Pavilion, Ms. Aouane […]

News • November 9, 2021

High level Meeting on the Cleaner Production and Climate Innovation Center (CPCIC)

Kigali, Rwanda ,the High Level Business Meeting on increasing industrial profitability and driving the Circular Economy agenda in Rwanda was lead by National Industrial Research & Development Agency (NIRDA) of Rwanda and Rwanda Cleaner Production and Climate Innovation Centre. supported by the Global Green Growth Institute (GGGI) Rwanda and Rwanda Environment Management Authority (REMA)  through […]

Programs

DESIGNING ARTICLE 6 POLICY APPROACHES (DAPA)

Countries: Indonesia, Morocco, Senegal, Viet Nam

Implementation period: July 2019 – February 2023

Resource Partner: Norwegian Ministry of Climate and Environment (NMCE)

MOBILIZING ARTICLE 6 TRADING STRUCTURES (MATS)

Countries: Cambodia, Nepal + two additional countries

Implementation period: January 2020 – December 2023

Resource Partner: Swedish Energy Agency (SEA)

Program one-pager: link

Press release (December 2019): link

SUPPORTING PREPAREDNESS FOR ARTICLE 6 COOPERATION (SPAR6C)

Countries: Colombia, Pakistan, Thailand, Zambia

Implementation period: June 2022 – August 2027

Resource Partner: Federal Ministry for Economic Affairs and Climate Action (BMWK)/International Climate Initiative (IKI)

Consortium partners: UNEP Copenhagen Climate Center, GFA Consulting Group GmbH, Kommunalkredit Public Consulting, and Carbon Limits AS

Press release (June 2022): link

Press release (Carbon Mechanisms, June 2022): link

Related

GGGI Staff

Fenella Aouane

Deputy Director, Head of Carbon Pricing Global Practice

Ximena Aristizabal

Program Manager, Designing Article 6 Policy Approaches (DAPA) Program

Stephan Gill

Program Manager, Mobilizing Article 6 Trading Structures (MATS) Program

Marshall Brown

Program Manager, Supporting Preparedness for Article 6 Cooperation (SPAR6C) Program

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