Project description

This assignment supports the Government of Senegal and GGGI in evaluating the impacts and financial flows of a policy approach based on Article 6 of the Paris Agreement, with a focus on scaling up renewable energy and leveraging carbon markets. Deloitte and Carbon Limits has conducted a comprehensive analysis of the regulatory, economic, and environmental implications of the policy, estimated implementation costs and carbon revenues, and developed recommendations for incentive design, revenue sharing, and MRV systems. The project aims to inform Senegal’s strategy for achieving its NDC targets and maximizing the benefits of international carbon market participation