Project Description
During pre-implementation, the project will support diagnostics that seek to review the current status of the voluntary and compliance carbon markets, understand market potential for investment in various technologies relevant to decarbonization as well as develop reform road maps that would enable or strengthen private investment in these sectors. During pre-implementation, work will focus on three components:
COMPONENT 1. Enablers of effective carbon markets
COMPONENT 2. Enablers of supply of carbon credits
COMPONENT 3. Enablers of demand for carbon credit