Objectives of the project
The assessment aims at evaluating the country’s forest mitigation potential and the required elements for the country’s participation in carbon markets. It will also provide a business case to attract private investments in support to carbon and non-carbon benefits of Rwanda’s forest with a focus on reducing emissions from deforestation and forest degradation (REDD+); and increase the ability of targeted human and ecological communities to adapt to the adverse impacts of climate change. The assessment will also make a significant contribution in taking forward the implementation of Rwanda´s Green Growth Programme, as part of the country´s efforts to address the risks of climate change, while transforming its economy.
Services Provided:
• Assess and map existing national and sub-national REDD+, conservation, restoration programmes/projects as well commitments related to REDD+, climate change, restoration.
• Develop a reference level for emissions following REDD+/IPCC guidelines associated with different forest types, deforestation and forest degradation, and removals from 2015 – 2020.
• Produce emissions estimates of Rwanda by province which includes deforestation trends and associated emissions and removals from 2015 – 2020 in each province.
• Produce a report containing a Market readiness that assesses the status of Warsaw framework, key elements of different standards (ART and JNR), legal status (ownership, carbon title, safeguards), and current investments in land use sector.
• Assess Rwanda’s appetite to apply different carbon standards, scale of implementation and limitations to realize emissions reductions
• Evaluate the prospect of emissions reductions credit used in the country – regulations on market and non-market transactions and emissions accounting of the NDC.
• Produce a 2-pager Business case of national forest carbon market and land management strategy for leveraging potential international public and private funding for REDD+ implementation and access international carbon markets (Summary report of Rwanda’s Readiness for Carbon trading).
