The Paris Agreement provides a much-needed long-term perspective for the global carbon market. Nonetheless, some of the rules for using the new mechanisms have yet to be finalised and practical experience in their application has still to be gained.
The Federal Ministry for Economic Affairs and Climate Action (BMWK) is thus working to push these developments and to ensure that progress is made in the international climate negotiations. BMWK also promotes the further development and design of the mechanisms by commissioning corresponding research and also invests in practical testing of innovative approaches in the form of pilot projects.
This covers, inter alia, work on design options for Art. 6.4 in general, on upscaled crediting under Article 6, or ensuring a robust and environmentally sound CORSIA Offsetting Mechanism for use in International Aviation. As regards Carbon Market innovations, BMWK supports the linkage of market mechanisms and climate finance, especially in Africa, which has been underrepresented in the global Carbon Market so far.
Further activities in this field comprise auctioning approaches to ensure continuation of mitigation activities, support for driving the transformation of the nitric acid sector, or piloting transformative carbon finance. Initiatives to promote carbon pricing through capacity development and information exchange round off BMWK’s portfolio of Carbon Market-related activities.
In this section, the broad portfolio of different BMWK activities is presented.
Carbon Neutral Business Trips of the Federal Government
The activity offsets the greenhouse gas emissions from business travel conducted by employees of ministries and subordinate national authorities.
Role of BMWK: BMWK-financed
Lifecycle: since 2014
Implementation: Federal Environment Agency
Other Organisations Involved: German Federal Government
Further Information: Website of the German Environment Agency
Contact: Frank Wolke, german.dna.dfp@uba.de
Analysing the status quo of CDM projects
The research project looked at the question of what happened to the CDM projects that failed to make it into the CDM project cycle or left it…
Role of BMU: Research funding
Lifecycle: 2013 - 2015
Implementation: NewClimate Institute
Other Organisations Involved: Ecofys Germany
Further Information: NewClimate
Contact: Carsten Warnecke, c.warnecke@newclimate.org
It was the research project's purpose to support the further development of standardised baselines and their use and benefits for LDCs.
Role of BMU: Research funding
Lifecycle: 2013 - 2014
Implementation: Wuppertal Institute for Climate, Environment and Energy
Other organisations involved: GFA Consulting Group
Contact: Christof Arens, christof.arens@wupperinst.org
Options for continuing GHG abatement from CDM and JI industrial gas projects
Facing the collapse of the carbon market, the BMU thus financed an activity, which focused on the question: Industrial gas projects under the CDM and…
Role of BMU: Research funding
Lifecycle: 2013 - 2014
Implementation: Öko-Institut e.V.
Other Organisations Involved: Ecofys Germany
Further Information: Report
Contact: Lambert Schneider, lambertschneider@googlemail.com
Capacity development for greenhouse gas inventories and MRV systems in Tunisia
This activity developed both a greenhouse gas inventory tool for use in reporting and a MRV system for nationally appropriate mitigation actions in…
Role of BMU: BMU-financed
Lifecycle: 2012 - 2016
Implementation: Deutsche Gesellschaft für internationale Zusammearbeit (GIZ)
Other Organisations Involved: Ministère de l’Industrie, de I’Energie et des Mines Agence Nationale de la Maîtrise de I’Energie (ANME), Ministére de I’Equipement, de I’Anénagement du Territoire et du Développement Durable
Further Information: https://www.giz.de/en/worldwide/19523.html
Contact: Torsten Greis, torsten.greis@giz.de
Strategies for Carbon Market Development through Standardised Baselines in African LDCs
The research project aimed to develop strategies and practical approaches to ultimately enable sustainable development in LDCs through increased…
Role of BMU: Research funding
Lifecycle: 2012 - 2015
Implementation: Perspectives Climate Group
Other Organisations Involved: UNEP Risø Centre
Contact: Stefan Wehner, wehner@perspectives.cc
Vertically integrated NAMAS for including subnational actors in national strategies
The activity followed the aim of developing a practicable approach for use in integrating differing levels of government into the NAMA design and…
Role of BMU: BMU-financed
Lifecycle: 2012 - 2015
Implementation: Deutsche Gesellschaft für internationale Zusammearbeit (GIZ)
Other Organisations Involved: South Africa: Department of Environmental Affairs (DEA), Indonesia: National Development Planning Agency (BAPPENAS)
Contact: Axel Olearius, axel.olearius@giz.de
Using CDM Components under Future Market Mechanisms
One of the aims of the research project was to investigate how the current project-based approach used with the CDM can be expanded to create a…
Role of BMU: Research funding
Lifecycle: 2012 - 2013
Implementation: Perspectives Climate Group
Other Organisations Involved: adelphi
Contact: Björn Dransfeld, dransfeld@perspectives.cc
The Foundation ‘Future of the Carbon Market’
The foundation was established to address one particular problem of PoAs in an innovative way: the lack of seed funding to implement market-based…
Role of BMWK: BMWK-financed
Lifecycle: 2011 - 2021
Implementation: Kommunalkredit Public Consulting
Further Information: http://www.carbonmarket-foundation.org
Contact: Martin Gauss, m.gauss@kommunalkredit.at
The Gold Standard Programme for Underrepresented Regions
The research project developed a range of new micro-methodologies for the voluntary offset market. These are designed to lower the barriers to market…
Role of BMU: Research funding
Lifecycle: 2011 - 2014
Implementation: The Gold Standard Foundation
Other Organisations Involved: Perspectives Climate Change GmbH, NIRAS, South South North
Further Information: Gold Standard Webseite
Contact: Lloyd Fleming, lloyd.fleming@goldstandard.org
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