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Green Climate Fund Guidance

Economics of GHG Limitation - Phase I

Concept Approved

Project Approved

Project Completed

The project includes eight national and two regional studies in parallel with the development of a methodological framework for the economics of climate change mitigation.  The methodological framework comprises a common analytical structure, economic concepts, and technical assumptions for sectoral and cross-sectoral assessment of mitigation options.

Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts.

Compulsory, required payments to the government that are levied more-or-less in proportion to the services provided. Fees and charges range from entrance fees to national parks, charges on land-based sewage discharge.

Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

Dedicated pool of financial resources for climate-related projects.

A long-lived, colourless gas, chiefly emitted from fossil fuel combustion, deforestation and cement production.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Jobs that contribute to preserving or restoring the environment. We include jobs which require a high amount of green skills or which spend much of their time on green activities, as well as jobs transforming polluting industries.

Actions or measures to adapt terrestrial systems to climate change.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

Actions and measures to adapt and increase resilience of societies and the economy to climate change.

Actions or measures to adapt freshwater systems to climate change.

Conditions that enhance the feasibility of adaptation options. Enabling conditions include finance, technological innovation, strengthening policy instruments, institutional capacity, multi-level governance and changes in human behaviour and lifestyles.

Actions or measures to adapt freshwater, coastal and marine systems to climate change.

Production of electricity and heat from solar irradiation.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

The activities of industries that transforms raw materials into finished goods through industrial processes.

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

Activities that provide lodging, food, and entertainment services to guests, including hotels, restaurants, and resorts.

This sector creates and distributes information and entertainment through television, radio, print, and digital platforms.

Activities that relate to the production of goods and services from forests.

This sector involves managing waste treatment, sanitation, pollution control and environmental cleanup.

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

Activities that involve planning, designing and building infrastructure, residential, and commercial structures.

Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

This sector involves activities that impart knowledge and skills to individuals, including formal schooling, vocational training and educational support.

This sector involves activities to move goods and people, alongside the storage of products.

Terrestrial means "of the earth" and relates to the risks to ecological system that includes all living organisms and their interactions within land-based environments, such as forests, grasslands, and deserts.

Geohazards are adverse geological phenomenon's that are capable of causing widespread damage or loss to property, life and the environment, such as earthquakes, volcano eruptions and tsunamis. Climate change can increase the frequency and severity of some geohazards, such as landslides, and soil erosion.

An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

Area of the economy in which actors engage in identical or related activities.

The management and allocation of funds, assets and investments to meet various objectives

Agalega Islands

Black River

Cargados Carajos Shoals

Flacq

Grand Port

Moka

Pamplemousses

Port Louis

Plaines Wilhems

Rodrigues Island

Rivière du Rempart

Savanne

Azuay

Bolívar

Carchi

Orellana

Esmeraldas

Cañar

Guayas

Chimborazo

Imbabura

Loja

Manabí

Napo

El Oro

Pichincha

Los Ríos

Morona Santiago

Santo Domingo de los Tsáchilas

Santa Elena

Tungurahua

Sucumbíos

Galápagos

Cotopaxi

Pastaza

Zamora Chinchipe

Diourbel

Dakar

Fatick

Kaffrine

Kolda

Kédougou

Kaolack

Louga

Matam

Sédhiou

Saint-Louis

Tambacounda

Thiès

Ziguinchor

Baranya

Békéscsaba

Békés

Bács-Kiskun

Budapest

Borsod-Abaúj-Zemplén

Csongrád-Csanád

Debrecen

Dunaújváros

Eger

Érd

Fejér

Győr-Moson-Sopron

Győr

Hajdú-Bihar

Heves

Hódmezővásárhely

Jász-Nagykun-Szolnok

Komárom-Esztergom

Kecskemét

Kaposvár

Miskolc

Nagykanizsa

Nógrád

Nyíregyháza

Pest

Pécs

Szeged

Székesfehérvár

Szombathely

Szolnok

Sopron

Somogy

Szekszárd

Salgótarján

Szabolcs-Szatmár-Bereg

Tatabánya

Tolna

Veszprém

Zala

Zalaegerszeg

Aceh

Bali

Kepulauan Bangka Belitung

Bengkulu

Banten

Gorontalo

Jambi

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Economics of GHG Limitation - Phase I

Summary

Documents

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Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility

Economics of GHG Limitation - Phase I

Summary

Documents

About this project

Topics mentioned most in this project Beta

Note

Topics mentioned most in this project
Beta