Development of a sectoral market based approach in developing countries

The objectives of the project is the development of a pilot market based approach for social housing in Colombia featuring:

- the generation of an incentive for ambitious emission reductions in the sector

- the availability of part of the emissions reductions to investors/potential crediting

- Development of a benchmark to identify a threshold to determine additional reductions for potential investors/crediting

- Preparing the sectoral mechanism for implementation (conditional on future funding) in close partnership and with active participation of national stakeholders