The Foundation “Future of the Carbon Market” (Stiftung Zukunft des Kohlenstoffmarktes) promotes a market-based approach at a program level to reduce carbon emissions in developing countries.
The program approach relies on start-up finance generated by the sale of tradable emissions certificates, combined with national policies and incentives favorable to emissions reductions. The Foundation posts funding guidelines and application forms, one for funding through the Clean Development Mechanism (CDM) and another for funding external to the CDM. Proposals are reviewed continuously.
Based on the belief that the principle underlying programmatic mitigation approaches is also of strategic importance for future mechanisms of international climate finance, the Foundation would like to fund measures that:
- support the dissemination of the programmatic project approach;
- use the market to exploit further emission reduction potentials;
- acquire knowledge and experience that might be valuable for future carbon market mechanisms and enhance the ability of countries hosting the PoAs to develop more far-reaching climate policies.
For more information on funding areas, funding criteria/guidelines and application submission, click this Link