Who we are ?
The West African Alliance for Carbon Markets and Climate Finance creates a long-term structure for fostering carbon markets and result-based climate finance in West Africa that will integrate a variety of support activities.
At COP22 in Marrakech, West African negotiators to the United Nations
Framework Convention on Climate Change (UNFCCC) initiated the Alliance with the goal of enhancing the position of West African states to participate in market mechanisms. By setting up a permanent regional structure with a Secretariat in Dakar, the Alliance aims to enhance the position of West African countries to participate in international carbon markets and improve access to result-based climate finance for NDC implementation.
"We have to make carbon
markets accessible for
West African countries to
make sure least developed
countries do not miss the
train under the Paris
Agreement as they did
with the CDM."
Ousmane Fall Sarr,
Coordinator West African
The Alliance aims to enhance the position of West African countries to participate in international carbon markets, benefit from technology transfer and access result-based climate finance for NDC implementation.
- Foster active participation by West African delegates in the UNFCCC negotiations on market mechanisms, transparency and climate finance
- Promote access to market mechanisms and climate finance opportunities on national and sub regional level
- Pilot the transition of CDM related capacities and activities to the Paris Agreement context
- Support Article 6 pilot experiences in the sub region whilesharing implementation knowledge in the negotiations and vice versa