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

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
View
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 • May 9, 2022

Request for Expressions of Interest: Cambodian GHG mitigation activities looking to align with Article 6.2 of the Paris Agreement

PROJECT BACKGROUND Headquartered in Seoul, the Global Green Growth Institute (GGGI) is an intergovernmental organization founded to support and promote a model of economic growth known as “green growth”, which targets key aspects of economic performance such as poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI works with countries around the world, building […]

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 […]

News • November 2, 2021

GGGI and Youth Connekt Africa Hub & Fund sign MOU to establish Rwanda Greenpreneurs Network

27th August 2021 , Kigali , Rwanda like many countries faces effects of climate change which has led to natural disasters and economic disruption. However, Rwanda has recognized the importance of innovation as a solution to the negative impact of climate change by committing to policy actions and implementation towards a green and climate resilient […]

News • October 16, 2021

DAPA Project Phase II Launched – Designing Policy Approaches under Article 6 of the Paris Agreement

September 30, 2021 – As a part of the implementation of the Designing Policy Approaches under Article 6 of the Paris Agreement DAPA project, GGGI Senegal held a kick-off meeting to officially mark the beginning of the second stage of the program. The meeting was chaired by the Director of Environment & Classified Establishments on […]

News • September 30, 2021

GGGI at COP26

                                        Related posts   Click the calendar to see in full view:   The UN Climate Change Conference of the Parties (COP26), hosted by the UK in partnership with Italy, kicked off on October 31 and […]

News • September 30, 2021

GGGI Rwanda announces the African Mobility Month Kinamba Junction Design Competition for 2021

Globally, the number of cars is projected to triple between now and 2050. Without disruptive action, transport emissions are expected to grow from 7.7 Gt to around 15 Gt by 2050. Green mobility – in combination with the incorporation of electric vehicles and increased use of public transport – is critical to enabling cities to […]

News • August 30, 2021

GGGI Designing Article 6 Policy Approaches (DAPA) Project: GGGI organizes the Steering Committee meetings in Morocco

Rabat, Morocco July 1 and August 5, 2021 – The Global Green Growth Institute (GGGI) in close collaboration with the Ministry of Energy, Mines and Environment-Department of Energy and Mines, successfully launched Phase 2 of the Designing Article 6 Policy Approaches (DAPA) Project in Morocco. A Steering Committee with representatives from key institutions within the […]

News • August 30, 2021

Rwanda launches new Project “Waste to Resources: Improving Municipal Solid Waste (MSW) and Hazardous Waste Management in Rwanda”

24th August, Kigali , Rwanda. The Ministry of Environment, City of Kigali, Ministry of Infrastructure and the Global Green Growth Institute launched the “Waste to Resources” project in the City of Kigali in Rwanda. The project is led by the Ministry of Environment of the Government of Rwanda and funded by the Ministry of Environment, […]

Projects

DESIGNING ARTICLE 6 POLICY APPROACHES (DAPA)

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

  • Policy approaches – a new approach designed to support increased ambition
  • Scoping phase completed in August 2020
  • Design Phase being implemented in 4 countries: Indonesia, Morocco, Senegal, Viet Nam
MOBILIZING ARTICLE 6 TRADING STRUCTURES (MATS)

Resource Partner: Swedish Energy Agency (SEA)

  • Designing and deal-structuring of mitigation activities
  • Technical support to establish governance structures for international transfer
  • Program expansion underway to include 2 additional countries

GGGI Staff

Fenella Aouane

Deputy Director, Head of Carbon Pricing Global Practice

Stephan Gill

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

Ximena Aristizabal Clavijo

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

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