Markets
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- Publication 16 August 2021 Prospects for investment in large-scale, grid-connected solar power in Africa Solar power in Africa is on its way to becoming a market-based commodity, thus escaping the niche for individual electricity supply that is mainly supported by international donor organisations. Significant reductions in the cost of photovoltaic (PV) panels and a 400 percent increase in oil prices since the 1990s have changed the competiveness of solar PV in all markets, ranging from individual households via institutions to mini-grids and grid-connected installations. In volume and investment,…
- Publication 16 August 2021 Review of Solar PV Market Development in East Africa While the diffusion of solar home systems in Kenya has been market-based for some years, the diffusion of PV in most other Sub-Saharan African countries has been driven by government and donor-supported projects aimed at serving specific needs for electricity while at the same time creating a national niche market for PV. This practice is rapidly changing and, as in industrialised countries, there is evidence of a transition towards more market-based diffusion and private-sector involvement for…
- Publication 16 August 2021 Climate Change mitigation opportunities in the Energy sector for the Caribbean region The “Climate change mitigation opportunities in the energy sector for the Caribbean region” has been prepared as part of the implementation of the Caribbean Regional Subcomponent of the MEAs Program for Africa, the Caribbean and the Pacific (ACP MEAs)1. The study has being executed with the collaboration of a team of experts from CUBAENERGIA 2 and UNEP Risø Centre3.The objectives of the study are twofold, the provision of support to Caribbean Countries to actively consider participation in the…
- Publication 16 August 2021 Economics of forest and forest carbon projects. Translating lessons learned into national REDD+ implementation The financial implications of implementing a new forest management paradigm have not been well understood and have often been underestimated. Resource needs for e.g., stakeholder consultation, capacity building and addressing the political economy are seldom fully accounted for in the resource needs estimates put forward in connection to REDD+. This report investigates the economics of implementing forest and REDD+ projects through eight case studies from Africa, Latin America and Asia,…
- Publication 16 August 2021 Conceptualizations of sustainability in carbon markets This paper focuses on market responses to climate change, specifically a particular example of voluntary carbon market development, in sub-Saharan Africa, and seeks to identify the principles of sustainability that carbon markets draw upon. We explore how key discourses and their application in the context of the carbon market construct a vision of sustainability. We argue that the prevalence of neoliberal and technocratic ideas and values preferring weak ecological modernization, coupled with…
- Publication 16 August 2021 Assessing Support Activities by International Donors for CDM Development in Sub-Saharan Africa with Focus on Selected Least Developed Countries This report assesses capacity building activities of multilateral organisations as well as individual Annex I countries in selected Least Developed Countries (LDC) in sub-Saharan Africa (SSA). In the context of the ongoing research project “Integrating Africa’s Least Developed Countries into the Global Carbon Market”, commissioned by the German Environment Ministry (BMU), it represents an interim step: it paints the picture of an overall donor activities map of the region, while an in-depth…
- Publication 16 August 2021 What is a fair price for carbon credits?
- Publication 16 August 2021 Developments of the global carbon market and P-CDM implementation