Description/achievement of initiative
The cooperative of development practitioners Nexus-Carbon For Development commits to reduce greenhouse gas emissions by 20 million tons of CO2 equivalent by 2020.
This will be achieved by giving access to essential services such as clean energy and clean water targeting vulnerable populations in low income areas of the developing world.Nexus-Carbon for Development is an alliance of pro-poor project developers whose shared vision is that the carbon market should tackle both climate change and poverty in a fair and transparent way. As a global alliance of social ventures, Nexus acts as a peer-to-peer services platform, creating synergies between its members and providing awareness raising, capacity building, carbon project documentation, and carbon asset management.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
Nexus-Carbon for Development