Senegal's Carbon Finance and Article 6: Current Standing, Opportunities, and Challenges in Mobilising Carbon Markets

30th August 2024
Author: André van der Hoven, Nick Rahier

This K4DD Rapid Evidence Review provides an overview of the existing evidence on Senegal’s progress in terms of its carbon finance, legal, and governance framework under Article 6 of the Paris Agreement.

In essence, Article 6 provides a framework for how carbon markets can be used to facilitate international efforts in reducing or removing GHG emissions. The review synthesises findings from both academic and grey literature, emphasising reports and presentations that detail Senegal’s advancements in carbon market participation.

Given the ongoing nature of these engagements, evidence on emissions absorption initiatives under Article 6, particularly in sustainable land use, agriculture, and reforestation, remains limited.

Suggested Citation

Rahier, N. & van der Hoven, A. (2024). Senegal’s Carbon Finance and Article 6: Current Standing, Opportunities, and Challenges in Mobilizing Carbon Markets. K4DD Rapid Evidence Review 95. Brighton, UK: Institute of Development Studies. 10.19088/K4DD.2024.069

Published

30th August 2024

Location

Continent: Africa

Country: Senegal