The Paris Agreement reached at COP21 enters into force as of 2020 and replaces the Kyoto Protocol. The agreement establishes an ambitious goal of keeping global warming below 2 ° C. Among other measures, the Paris agreement allows the use of cooperative approaches among which are the markets for the transfer between countries of the so-called ITMOS, International Transfer Mitigation Units to meet the commitments contained in their NDCs.
The ITMOs contribute to increasing the global ambition committed in the Paris Agreement by promoting low carbon technologies and accelerating the implementation of projects and programs. Cooperative approaches are a fundamental tool to achieve the greenhouse gas emission reduction (GHG) goals established in each country based on the following objectives:
- Promote the mitigation of greenhouse gas emissions, while promoting sustainable development;
- Encourage and facilitate the participation, in the mitigation of greenhouse gas emissions, of public and private entities that have the authorization of the Parties;
- Contribute to the reduction of emission levels in the host Parties, which will benefit from mitigation activities that will generate emissions reductions that another Party may also use to meet its nationally determined contribution; and
- Produce global mitigation of worldwide emissions.
ALLCOT develops projects and programs to participate in cooperative approaches that involve the use of International Transfer Mitigation Outcomes (ITMOs) to comply with countries’ Nationally Determined Contributions (NDCs) under Article 6.2 of the Paris Agreement. ALLCOT ensures environmental integrity, transparency and promotes sustainable development aligned with the 2030 Agenda of the country and its 17 Sustainable Development Goals (SDGs) allowing robust governance arrangements. With its Headquarters in Switzerland and Spain and its strong presence in Latin America and Africa, ALLCOT facilitates technology transfer, capacity building and finance to improve developing country Parties’ abilities to generate and/or use ITMOs in a cost-effective manner. Moreover, with more than ten years of experience, ALLCOT´s technical team is specialized in the measurement, reporting and verification (MRV) of greenhouse gas emissions and mitigation outcomes to enhance global ambition in climate market-based approaches.
All projects and programs that voluntarily participate in cooperative approaches that involve the use of international transfer mitigation results to comply with their NDCs, should promote sustainable development and ensure environmental integrity, as well as transparency.
Article 6.2 and 6.3 of the Paris Agreement determine the scope of this mechanism and establish the general procedures for carrying out the international transfer of mitigation results (ITMOs) between the Parties. However, there is still uncertainty in how the mitigation results that can be transferred will be generated, and how double counting will be avoided.
At ALLCOT we are working on an international cooperation program generating ITMOS between Senegal and Switzerland in the urban solid waste management sector. The program is about:
- Promote Senegal’s ambition for mitigation.
- Increase the participation of the public and private sectors in achieving the goals set in the Senegal NDC.
- Contribute to the sustainable development of the country by aligning the program with the Sustainable Development Goals set in the 2030 Agenda.