Download A Financing Facility for Low-Carbon Development in by Christophe de Gouvello,Ivan Zelenko,Philippe Ambrosi PDF

By Christophe de Gouvello,Ivan Zelenko,Philippe Ambrosi

This paper proposes an leading edge financing mechanism, often called the Low Carbon improvement Facility (LCDF) that may convey extra funding financing at concessional premiums to unencumber low carbon improvement tasks in non-Annex 1 international locations, expanding project-based emissions avoidance in those countries.The LCDF can be a modality of the Copenhagen eco-friendly weather Fund to enforce the monetary pledges made through Annex 1 international locations due to Copenhagen and post-COP15 negotiations to aid initiatives, courses, guidelines and/or different actions in constructing international locations relating to NAMAs. LCDF won't alternative the worldwide atmosphere Facility (GEF) and the fresh know-how Fund (CTF) and may particularly aid the cutting edge initiatives pioneered by means of those instruments.

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