Dubai, United Arab Emirates, 03 December 2023 - Ministers of Finance, Environment, Energy, Agriculture and other delegates from around the world will on 4 December 2023 convene for a side event on making the sovereigns from Congo Basin Climate Commission (CBCC), the net exporter of premium carbon credits in Dubai, United Arab Emirates.
The side event will be held at the Africa Pavilion in Dubai at the ongoing UN Climate Change Conference COP28.
Climate experts will showcase new pipeline of projects capable of generating credible credits that have been tested in the CBCC registry; Projects cover the blue economy (mangrove conservation from SIDS), energy, agriculture; and facilitate the linkages between the project developers and their government (focal points) from the
The event is organized by the Economic Commission for Africa (ECA), Office of the Special Adviser on Africa (OSAA), CBCC and Afreximbank.
Also to be discussed at the side event is how the sovereigns from CBCC could boost their partnership through carbon markets’ instruments developed by ECA and CBCC and participate fully in the compliance markets with their high-quality credits, pursuant with the Paris Agreement.
The expected outcome of this event is to raise awareness about the workings of the CBCC carbon registry, focusing on a new pipeline of projects from CBCC’s member countries developed in 2023; discover and agree on ways through which sovereigns from CBCC and other African countries could trade carbon credits in the compliance markets; strengthen partnership between the public and private producers of carbon credits with MDB, commercial banks, and other donors
When: 4 December 2023
Where: Africa Pavilion in Dubai, United Arab Emirates
Organizers/partners: UNECA, OSAA, CBCC, Afreximbank.