State and Trends of the Carbon Market 2006 : A Focus on Africa
Many African countries have thin energy and industrial sectors with limited opportunities to reduce carbon emissions, certainly relative to countries such as China and India. Carbon sequestration from avoided deforestation and from agriculture--potentially important areas for climate mitigation and...
Main Authors: | , |
---|---|
Format: | Working Paper |
Language: | en_US |
Published: |
World Bank, Washington, DC
2013
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/13413 |
id |
okr-10986-13413 |
---|---|
recordtype |
oai_dc |
spelling |
okr-10986-134132021-04-23T14:03:08Z State and Trends of the Carbon Market 2006 : A Focus on Africa Capoor, Karan Ambrosi, Philippe Abatement acacia plantations access to electricity anecdotal evidence availability average price average prices balance biodiversity corridors Biomass biomass resources CARBON ASSET carbon assets CARBON CAPTURE carbon credits carbon dioxide carbon dioxide equivalent carbon emission carbon emissions Carbon Finance carbon funds CARBON MARKET carbon markets Carbon payments carbon price carbon project carbon revenues Carbon sequestration Carbon transactions Certified Emission Reductions Clean Development Clean Development Mechanism clean energy climate change climate change negotiations Climate Exchange Climatic changes coal coal bed methane Coal Mine composting debt deforestation degraded land demand for electricity economic growth Economics economies of scale efficiency improvement electricity emerging markets Emission Emission Reduction Emission Reduction Units Emission Reductions emissions data emissions targets employment energy energy efficiency energy losses environmental environmental benefits erosion control fair Fire management forestry Fuel fuel switching Fugitive emissions gas industry gas prices gas projects gases generation global carbon market Greenhouse Greenhouse Gas Greenhouse Gas Abatement greenhouse gas mitigation heat hydro resources hydropower income indigenous species industry insurance Joint Implementation land use Landfill Landfill gas landfills Latin American market access market aggregators market power market price market share market value Member States methane methane emissions Middle East mines natural gas Nitrous Oxide oil oil industry oil prices pipeline plantation management power demand price comparison Price Index price risk production of coal Purchase Agreements purchasing renewable energy Renewable energy projects retail Retail price risk management sale secondary markets solid waste solid waste management spot price spot prices spread Sub-Saharan Africa Sustainable Development timber tons of carbon transaction costs tree species utilities validation stage waste waste management weather patterns wind wind project Many African countries have thin energy and industrial sectors with limited opportunities to reduce carbon emissions, certainly relative to countries such as China and India. Carbon sequestration from avoided deforestation and from agriculture--potentially important areas for climate mitigation and important in many African economies--has been systematically excluded from the Clean Development Mechanism (CDM). At the same time, CDM-eligible assets from afforestation and reforestation are excluded from entry into the large European Union-Emissions Trading Scheme (EU ETS), substantially limiting their market value and potential share in the multi-billion dollar global carbon market. The Africa share of the CDM market is lower than the share of African countries to developing nations in Foreign Direct Investment (FDI) over the past few years, which has been around 10 percent. 2013-05-14T19:18:10Z 2013-05-14T19:18:10Z 2006-11 http://hdl.handle.net/10986/13413 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
en_US |
topic |
Abatement acacia plantations access to electricity anecdotal evidence availability average price average prices balance biodiversity corridors Biomass biomass resources CARBON ASSET carbon assets CARBON CAPTURE carbon credits carbon dioxide carbon dioxide equivalent carbon emission carbon emissions Carbon Finance carbon funds CARBON MARKET carbon markets Carbon payments carbon price carbon project carbon revenues Carbon sequestration Carbon transactions Certified Emission Reductions Clean Development Clean Development Mechanism clean energy climate change climate change negotiations Climate Exchange Climatic changes coal coal bed methane Coal Mine composting debt deforestation degraded land demand for electricity economic growth Economics economies of scale efficiency improvement electricity emerging markets Emission Emission Reduction Emission Reduction Units Emission Reductions emissions data emissions targets employment energy energy efficiency energy losses environmental environmental benefits erosion control fair Fire management forestry Fuel fuel switching Fugitive emissions gas industry gas prices gas projects gases generation global carbon market Greenhouse Greenhouse Gas Greenhouse Gas Abatement greenhouse gas mitigation heat hydro resources hydropower income indigenous species industry insurance Joint Implementation land use Landfill Landfill gas landfills Latin American market access market aggregators market power market price market share market value Member States methane methane emissions Middle East mines natural gas Nitrous Oxide oil oil industry oil prices pipeline plantation management power demand price comparison Price Index price risk production of coal Purchase Agreements purchasing renewable energy Renewable energy projects retail Retail price risk management sale secondary markets solid waste solid waste management spot price spot prices spread Sub-Saharan Africa Sustainable Development timber tons of carbon transaction costs tree species utilities validation stage waste waste management weather patterns wind wind project |
spellingShingle |
Abatement acacia plantations access to electricity anecdotal evidence availability average price average prices balance biodiversity corridors Biomass biomass resources CARBON ASSET carbon assets CARBON CAPTURE carbon credits carbon dioxide carbon dioxide equivalent carbon emission carbon emissions Carbon Finance carbon funds CARBON MARKET carbon markets Carbon payments carbon price carbon project carbon revenues Carbon sequestration Carbon transactions Certified Emission Reductions Clean Development Clean Development Mechanism clean energy climate change climate change negotiations Climate Exchange Climatic changes coal coal bed methane Coal Mine composting debt deforestation degraded land demand for electricity economic growth Economics economies of scale efficiency improvement electricity emerging markets Emission Emission Reduction Emission Reduction Units Emission Reductions emissions data emissions targets employment energy energy efficiency energy losses environmental environmental benefits erosion control fair Fire management forestry Fuel fuel switching Fugitive emissions gas industry gas prices gas projects gases generation global carbon market Greenhouse Greenhouse Gas Greenhouse Gas Abatement greenhouse gas mitigation heat hydro resources hydropower income indigenous species industry insurance Joint Implementation land use Landfill Landfill gas landfills Latin American market access market aggregators market power market price market share market value Member States methane methane emissions Middle East mines natural gas Nitrous Oxide oil oil industry oil prices pipeline plantation management power demand price comparison Price Index price risk production of coal Purchase Agreements purchasing renewable energy Renewable energy projects retail Retail price risk management sale secondary markets solid waste solid waste management spot price spot prices spread Sub-Saharan Africa Sustainable Development timber tons of carbon transaction costs tree species utilities validation stage waste waste management weather patterns wind wind project Capoor, Karan Ambrosi, Philippe State and Trends of the Carbon Market 2006 : A Focus on Africa |
description |
Many African countries have thin energy and industrial sectors with limited opportunities to reduce carbon emissions, certainly relative to countries such as China and India. Carbon sequestration from avoided deforestation and from agriculture--potentially important areas for climate mitigation and important in many African economies--has been systematically excluded from the Clean Development Mechanism (CDM). At the same time, CDM-eligible assets from afforestation and reforestation are excluded from entry into the large European Union-Emissions Trading Scheme (EU ETS), substantially limiting their market value and potential share in the multi-billion dollar global carbon market. The Africa share of the CDM market is lower than the share of African countries to developing nations in Foreign Direct Investment (FDI) over the past few years, which has been around 10 percent. |
format |
Publications & Research :: Working Paper |
author |
Capoor, Karan Ambrosi, Philippe |
author_facet |
Capoor, Karan Ambrosi, Philippe |
author_sort |
Capoor, Karan |
title |
State and Trends of the Carbon Market 2006 : A Focus on Africa |
title_short |
State and Trends of the Carbon Market 2006 : A Focus on Africa |
title_full |
State and Trends of the Carbon Market 2006 : A Focus on Africa |
title_fullStr |
State and Trends of the Carbon Market 2006 : A Focus on Africa |
title_full_unstemmed |
State and Trends of the Carbon Market 2006 : A Focus on Africa |
title_sort |
state and trends of the carbon market 2006 : a focus on africa |
publisher |
World Bank, Washington, DC |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/13413 |
_version_ |
1764423459892363264 |