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TheForeFrontMagazine

@TheForeFrontMa1

Conservation at the heart of all. Email:[email protected]

Rwanda-South Katılım Eylül 2022
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WATCH: The moment President #Kagame and First Lady Jeannette Kagame arrived at the IPRC #Kigali Ecology Tennis Centre. The final of the ATP Challenger 100 is currently underway, featuring rivals Marco Trungelliti and Marco Cecchinato. 📹: @Eddie_250 /TNT
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GGGI Rwanda@GGGI_Rwanda

Hello to our followers and partners, and thank you for staying engaged in the campaign on the carbon market under the Paris Agreement. In our last posts, we explored how ITMOs enable cross-border cooperation under Article 6.2 of the Paris Agreement, and how Corresponding Adjustments ensure those transfers are counted accurately and only once. Today, we turn to a third essential concept: Additionality. What is additionality? ✍🏿 A mitigation activity is considered additional if the greenhouse gas (GHG) emission reductions or removals would not have occurred in the absence of the incentive created by carbon credit revenues. In other words, if the same level of emissions reduction or removals occurred under business-as-usual conditions, without carbon finance, the activity should not generate a carbon credit. Additionality is a core requirement for environmental integrity in carbon markets. Without it: ✅ Carbon credits may be issued for activities that would have happened anyway. ✅ Credits may not represent real climate impact ✅ Trust in the carbon market declines ✅ Limited carbon finance may go to projects that truly need it Types of the additionality test: Common tests to assess additionality include: 1️⃣ Regulatory test: The activity is not legally required. 2️⃣ Financial test: The project is not viable without carbon revenue. 3️⃣ Barrier test: The project faces financial, technological, or institutional barriers. 4️⃣ Common practice test: The activity is not already widespread in the sector or country without carbon revenue. These tests are often applied together to determine whether a project truly depends on carbon finance. Regulatory and common practice tests are usually mandatory, while either the financial or barrier test is typically used to show that carbon revenue is essential for the project. Real-world examples 👍 Likely additional: Methane capture at landfills in developing countries where costs are high, and it’s not legally required. 👎🏿 Likely not additional: Energy efficiency measures, such as LED lightbulbs, with short payback periods that firms routinely implement as part of standard cost-optimisation practices. Stay with us as we continue unpacking carbon markets and the key concepts under Article 6 of the Paris Agreement. In our next post, we’ll look back at what we’ve covered, respond to your questions, and put your knowledge to the test with a short quiz. And yes, there’s something in it for you: the winner will be awarded, so stay tuned and be ready to participate. #Additionality #KnowCarbonMarkets #GreenRwanda 🇷🇼🌿 #ClimateAction #Article6 #ParisAgreement #GGGI #GreenGrowth #NetZero #Sustainability #CarbonCredits

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TheForeFrontMagazine@TheForeFrontMa1·
Happy International Women's Day to all women. No Sexual Harassment in the Newsroom. #StopSH
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