|CARBON MARKET PROJECT DEVELOPERS TRAINED.|
Kigali 12- 13 July 2012
Project developers in Carbon business attended a two-day workshop organised by Rwanda Designated National Authority (DNA) operating under REMA.
The “Gold Standard Capacity Building” targets project developers and DNAs from the under represented regions with some experience in carbon market in order to help project developers build capacity for developing Gold Standard micro-scale projects,
to help project developers enhance their entrepreneurial capacity for securing emission reduction project funding, to build institutional capacity and forge partnership with DNAs designated national authority
In the opening remarks Dr Rose Mukankomeje said that there will be no development if Africa developing countries don’t have energy.
“The Skills got from the training should be translated into practice to promote Carbon business as a way to help our countries to fill the gap of lacking energy. We will never develop from cooking stoves, thus the need of collective efforts to find solutions. She told to trainees.
The main point to be developed during the workshop are Developing Gold Standard Micro-scale projects; how do financing institutions make investment decisions and what criteria do they look for; Seed Capital and Pre-Development Funding Strategies for Low-Carbon Projects Guidance to African project developers; hands on workshop on how to create a successful business plan and others.
This project is part of the International Climate Initiative (ICI). The German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) supports this initiative on the basis of a decision adopted by the German Bundestag.
The Gold standard is used by low carbon projects to verify that they meet the highest benchmarks in carbon accounting, designing and ethics. Gold standard projects can only be assessed by UN accredited auditors and unlike any other standard, the Gold standard also conducts additional in-house reviews of these independent audit reports. This unique double-checking process ensures that carbon reduction are real; measurable, additional and permanent and that sustainable development benefits are assured providing additional confidence to investors.