Thursday, February 25th, 2021, in collaboration with the Ministry of Environment, Green Economy and Climate Change, the Global Green Growth Institute (GGGI), organized in the conference room of the Ramada Pearl Hotel in Ouagadougou, the Presentation Workshop of the MRV Guide Document of Burkina Faso.
This workshop is part of the Project Development of a Measurement, Reporting, and Verification (MRV) System for Greenhouse Gas Emissions and Greenhouse Gases in Burkina-Faso. Indeed, GGGI supports Burkina Faso in its response to the requirements of the framework of enhanced transparency of the Paris Climate Agreement (2015), focusing specifically on the MRV of actions. This will involve both mitigation and adaptation actions undertaken by Burkina Faso to achieve the objectives of the Convention, and to provide clarity and monitor progress towards the country’s NDC.
Also, one of the two main objectives of this project is to set up a greenhouse gas data system. A data system that will need to be systematic, integrated and robust in order to strengthen, harmonize and integrate national mitigation policies and objectives so that they are in line with national development priorities.
Therefore, after a first phase of rapid assessment of existing MRV systems and institutional mapping, the current phase of the project consists of the development of the country’s MRV Guide.
After several sessions of collaboration and consultation with the different stakeholders of the MRV system in Burkina Faso, GGGI has developed a document presenting the main guidelines of the MRV system.
Find more details about the MRV system in Burkina Faso and read other important economic news from around the world with the Born2Invest mobile app.
The Burkina Faso MRV guide document
The opening ceremony of the workshop was chaired by Pamoussa Ouedraogo, the Director General of the Green Economy and Climate Change. The main objectives of the workshop were on the one hand, to present the Guide to national stakeholders and to collect their amendments for its improvement.
In his welcome address to the participants, Dr. Mallé FOFANA, Resident Representative of GGGI in Burkina Faso, recalled the context of the development of the Guide. He thanked the Government of Burkina Faso, in particular the main actors in the implementation of the MRV system, namely the Directorate General of Green Economy and Climate Change (DGEVCC), the Permanent Secretariat of the National Council for Sustainable Development (SP/CNDD) and the National Institute of Statistics and Demography (INSD).
After a brief presentation of the MRV project by Galiné Yanon, the Project Coordinator, the outline of the Guide was presented by Mr. Babacar Sarr, the International Consultant who assisted in the development of the Guide. The number and the quality of the interventions that followed the presentation of the Guide demonstrated the great interest that the actors grant to the subject. Thus, the workshop made it possible to exchange on the various stages proposed for the realization of an inventory of greenhouse gases by sector. Thus, the stakeholders concerned were able to formulate recommendations for a better application of the MRV Guide.
GGGI welcomes the fruitful exchanges of the workshop and is committed to take into account the recommendations made by national stakeholders. The next step in the process will be a series of training sessions for key stakeholders on the applicability of the Guide in Greenhouse Gas Inventories.
As a reminder, the Global Green Growth Institute (GGGI) is an intergovernmental organization that was created in 2012 at the United Nations Ri0+20 Conference on Sustainable Development to help developing countries and emerging economies achieve sustainable and inclusive economic growth. Since its inception, the organization has made significant progress in becoming one of the leading international organizations supporting green growth policies and investments.
Currently, the Institution has 38 members and implements programs for more than 30 members and partners in Africa, Asia, the Caribbean, Europe, Latin America, the Middle East, and the Pacific, providing technical support, capacity building, policy planning and implementation, and helping to build a pipeline of bankable green investment projects.
Since Burkina Faso joined the institution in 2018, the Country Office has implemented numerous programs in close collaboration with government entities. This project, which enables the Development of a System for Measuring, Reporting and Verification of Greenhouse Gas Emissions and Greenhouse Gases, is financed by Sweden.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in lefaso.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Iliad Launches Stancer, a Low-Cost Payment Fintech for Small Merchants
Approved by the ACPR as a payment institution, Stancer has been headed by George Owen, a former business lawyer, since...
Industrie Ilpea Secures €15 Million Loan From Crédit Agricole Italia
Ilpea had been the subject of one of the first major buyouts in the history of Italian private equity. The...
General Electric Healthcare Seeks €100 Million From the Inveat Plan in Spain
GE Healthcare is divided into four areas. The first is imaging (with X-ray equipment, for example), ultrasound, patient care solutions,...
The Business Plan Competition in Burkina Faso
A total of 37 winners were selected for the first edition of the Business Plan Competition (CPA) out of a...
Invesco: Factor Investing Minimizes ESG Losses
The quantitative factor model is highly appreciated by investors. 66% of investors already consider this approach useful for implementing their...
Business2 weeks ago
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Week 37]
Business5 days ago
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Week 38]
Featured2 weeks ago
Algorand Partners with Bocconi to Establish Algorand Fintech Lab
Business2 weeks ago
Inditex Achieves a Historical Profit of 1.8 million in the First Half of the Year