• Project 13 November 2018 African Carbon Asset Development (ACAD) Facility I & II The African Carbon Asset Development (ACAD) Facility was originally established in 2009 at the height of Clean Development Mechanism (CDM) project development to address the widespread concern that CDM evaded the African continent. As the market shifted away from CDM and into other concepts like Programmes of Activity, NAMAs and microfinance, ACAD II followed. ACAD was an innovative public-private partnership that collaborated not only with local project developers to enhance their awareness,…