I4CE discusses offsetting mechanisms in Proparco’s Private Sector & Development
Today, developing carbon offsetting mechanisms to succeed those of Kyoto hinges on restoring confidence in the effectiveness and environmental integrity of carbon crediting projects. But it is also necessary to reassure investors – who lost some USD 66 billion with the collapse of demand and asset price in 2012 – about the safety of their investments. Lessons must be learned from the experience gained during the operation of existing mechanisms.
Read our contribution to the latest issue of Proparco’s Private Sector & Development on how the CDM leveraged private climate finance and how this tool could be used in the future.