Universal access to clean energy is crucial to alleviate poverty. Although carbon finance can help disseminate renewable energy and energy efficient technologies to vulnerable populations, few development organizations access it because of high transaction costs, complex methodologies and inequitable financial risks. Development practitioners face the challenge of evaluating if carbon finance is an appropriate co-funding option. This evaluation is complex and requires specialist input.

GERES is launching a tool which will allow project developers to self-assess the suitability of carbon finance for their project. Initially focusing on evaluation of improved cookstoves, biogas and char briquettes projects, the tool will enable users to:
  • Assess the eligibility of their project
  • Estimate the emissions reductions generated by the project
  • Evaluate transaction costs
  • Identify key project risks
  • Compare different market options
The online presentation of the tool will take place on Thursday, 6 December, 9AM UTC. To view in your time zone, please visit: goo.gl/k2BgL

TO REGISTER and receive the webinar information, please email contact@nexus-c4d.org

About GERES: GERES is a French non-profit NGO created in 1976 after the first Oil Shock. The GERES teams are particularly involved in the implementation of engineering solutions for development, and providing specific technical expertise for environmental conservation, climate change mitigation and adaptation, reducing energy poverty, and improving the livelihood of the poor. www.geres.eu

About Nexus-Carbon for Development: Nexus is a cooperative of development organizations that support vulnerable communities by scaling up successful climate-friendly projects. This nonprofit and collaborative structure enables members to share expertise and services, access technical assistance and international funding opportunities such as carbon finance. www.nexus-c4d.org