HRNW REPORT: With generous contributions from the Government of Australia, MDG Carbon aimed to promote carbon finance solutions at scale in underrepresented developing countries and sectors through projects with high sustainable development outcomes. The MDG Carbon Positive Impact report provides an overview of the supported projects, the process and the capacity development activities from 2013-2015.
MDG Carbon promoted the development of web tools, reached out to a diverse audience by promoting activities through social networking platforms, developed knowledge products, infographics, blogs, an innovative Sustainable Development Tool to evaluate sustainable development impacts of mitigation actions, launched a Climate Finance Innovation Award Contest jointly with Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., organized jointly with the World Bank Institute for Climate Change five webinars “PoAs and Beyond”, and participated in CDM and NAMA workshops.
MDG Carbon provided also tailored technical assistance to guide PoA project developers through the CDM project cycle up to successful registration at the UNFCCC and supported the development of Standardized Baselines, NAMA studies and fully-fledged NAMA project proposals with the overall goal to achieve a transformational change in the sector.
Overall, the project’s three outcomes collectively promoted countries’ direct experience in CDM projects with high development benefits and organically structured inclusive, scaled-up mitigation approaches with the overall aim being to achieve sector transformation at scale.
FOR COMPLETE STORY: http://on.undp.org/doi