This official UNFCCC COP31 side event will be demonstrating how Article 6 partnerships between host countries, major companies and carbon-finance actors can unlock large-scale emission reductions. Drawing on concrete cooperation with major utilities and project owners, the event aims to inspire wider use of Article 6.
Co-organized by GGGI and the Norwegian Ministry of Climate and Environment.
The Norwegian Ministry of Climate and Environment and GGGI are jointly hosting an official UNFCCC COP31 side event that will show how carbon finance can support projects that are technically viable and aligned with national climate priorities, but that face financing gaps or inferior returns and are therefore not realized. This will be done through sharing experiences from several organizations and countries on their work with the Norwegian Article 6 Climate Action (NACA) Fund, a fund managed by GGGI. Understanding the objectives of the fund to realize energy transition through scaling carbon transactions, the challenges of shaping sector or national scale interventions in the absence of UN methodologies, identifying partners for in country program management and all the while trying to keep up with a growing body of rules and guidance.
Ms. Fenella Aouane, Managing Director and Head of Carbon Finance, GGGI
Ms. Guri Storaas, Deputy Director General, Norwegian Ministry of Climate and Environment
Confirmed
Mr. Rachid Tahiri, Director of Climate and Biodiversity, Ministry of Energy Transition and Sustainable Development, Morocco (TBC)
Mr. Chali Mwefyeni, Chief Commercial Officer, Zanaco
