Scaling-up Community Carbon Projects A roadmap - Plan Vivo

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projects are necessarily small-scale and can only represent a niche market. · Projects should target high profile buyers that will endorse community focused approaches and increase project visibility. Financial barriers (start-up costs) Start-up costs for community carbon projects will vary significantly depending on the size of project and activities to be undertaken, and the level of existing social, technical and administrative capacity. Financial barriers in terms of covering start-up costs for project development tend to be key for communities and project developers, particularly where projects start small and will need time to scale-up, lower transaction costs and achieve economies of scale. Key financial barriers to entering the VCM were identified as follows: · Uncertainties about project development costs and lack of information about development costs can act as a deterrent to potential project developers and investors. · High transaction and opportunity costs are often associated with land-use projects working with multiple smallscale participants. · Funding models used may not always promote equitable distribution of benefits and ensure payments reach the grassroots level, which is essential to ensuring participants are empowered and incentivised to participate in the long-term. Potential actions were identified to address financial barriers: · Uncertainties about project development costs could be reduced by streamlining and simplifying methodologies used to develop projects. Standards organisations could play a role in providing more information on typical start-up costs and cost breakdowns to increase information available for potential investors. · Exploring ways to aggregate projects and move towards scheme or programme level approaches, particularly in terms of how projects are audited could reduce development and operational costs. 18
· Transactions costs may be reduced by working with existing groups and community structures (e.g. farmers cooperatives, resource management groups, micro-enterprise groups like beekeeping associations) and using them as an entry point. the key aspect that enables the project to go ahead in the long-term). · Standards could collaborate to set-up and maintain an information portal with potential sources of project startup funding. · Donors should recognise the need for start-up funding in this area and develop a targeted ‘community carbon fund’ to stimulate new projects and project expansion, and the development of better tools and methodologies. This could take the form of a hedge fund, containing a blend of different sources of capital. · It is important to capture the diversity of funding sources available and appropriate, including development funding. Community carbon projects tend to have integrated activities and objectives, and funding sources likewise may be diverse without affecting the additionality of the carbon credits (i.e. carbon finance may still be 19
Page 1 and 2: Scaling-up Community Carbon Project
Page 3 and 4: Executive Summary Around a third of
Page 5 and 6: · Projects lack market information
Page 7 and 8: What is ‘community carbon’ and
Page 9 and 10: Aims and objectives of the workshop
Page 11 and 12: scaling-up to regional and national
Page 13 and 14: · Standards should develop and fac
Page 15 and 16: community in order to start-up a pr
Page 17: equired in the first years of proje
Page 21 and 22: Barriers related to standards · St
Page 23 and 24: provide ongoing support as a charit
Page 25 and 26: Appendix 1: Workshop Working Groups
Page 27 and 28: Appendix 3: List of delegates Name
Page 29 and 30: Samuel Nnah Centre pour l’Environ
Page 31 and 32: Jose Chuc Roberto Pacheco (CARE Gua
Page 33 and 34: Day Three: 14 th October 09:00 - 09

Scaling-up Community Carbon Projects A roadmap - Plan Vivo

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