EACMF Workshop. How can African countries use Article 6 and carbon finance to fund national infrastructure?
This session will inform governments, private developers, and investors how Article 6 can offer large-scale upfront concessional finance to clean energy projects, including grid infrastructure, generation, biogas, clean cooking, NBS, and others.
Agenda:
“Article 6 investment” - a new climate finance mechanism developed by academics at Harvard University
Pilots: Article 6 investment to fund transmission, distribution, and electrification in East Africa
Workshop Q&A
The session is hosted by Ely Sandler, Policy Advisor at Seagrass. Ely is an expert in climate finance, international policy and development. Based in Cambridge, Massachusetts, Ely is also currently a Fellow at Harvard University, where his research and teaching focus on financing the energy transition. Ely’s background is in economics and finance; he served as a senior consultant to the World Bank and previously worked at Morgan Stanley for nearly a decade across investment banking, capital markets, and senior management.
In 2022, policy proposals that Ely developed at Harvard were presented at COP27, with the intention of creating a new approach to carbon markets and climate finance. These proposals, which put forward a mechanism known as “Article 6 Investment.” are now being built upon by a mix of governments, international organisations and multinational private firms. The aim to catalyse trillions of dollars of green investment, in part through Article 6 of the Paris Agreement. Ely’s work in this space has been featured in the Financial Times, Carbon Pulse, and by the London School of Economics. He also serves on the Advisory Board for Carbon Finance at the World Economic Forum.
Ely also has extensive experience in Track II diplomacy, using cooperation on issues such as climate change to build links in the Middle East. He has worked in Rwanda, Burundi, Mali, Sudan, and other African countries, and he has led private sector infrastructure projects in solar, agriculture, and water technology.
You must be registered for the East Africa Carbon Markets Forum to attend the workshop.