In October 2024, GGGI launched the Carbon Transaction Facility, a first-of-its-kind facility which offers a comprehensive solution to scaling up international carbon trading under Article 6 of the Paris Agreement. Through the CTF, GGGI will extend its Article 6 activities through a collection of single and multi-donor funds aimed at increasing host country readiness and facilitating transactions of Internationally Transferred Mitigation Outcomes (ITMOs). The CTF aims to catalyze up to USD 500 million solely for ITMOs purchasing by 2030.
The multi-donor fund, named the Article 6 Readiness Facility, will mobilize up to USD 50 million for readiness support activities to GGGI Member States and Partner Countries. The readiness component will allow GGGI to double the scale of its support for capacity building, technical assistance, institutional strengthening and international knowledge exchange activities in its Member States and partner counties. At the same time a pipeline of potential mitigation activities for trading will also be developed.
As part of this groundbreaking initiative, the Article 6 Readiness Facility Committee has already approved two readiness projects at its first Annual Meeting, covering activities in Rwanda and Sri Lanka that will start in 2025. As part of the Rwanda readiness project, GGGI will work closely with the Government of Rwanda to accelerate the operationalization of the country’s Carbon Market Framework.
The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.
The Senior Carbon Pricing Assistant must be a national and will be based in Kigali, Rwanda to support the implementation of the Rwanda Article 6 Readiness project activities. The successful candidate will be reporting to the Carbon Pricing Senior Officer.
The Senior Carbon Pricing Assistant will provide comprehensive operational support to the Carbon Pricing Senior Officer and Rwanda team to ensure successful delivery of Rwanda Article 6 Readiness Project.
WORKING CONDITIONS
For more information on GGGI’s terms and conditions (allowances, health care, education etc.) please familiarize yourself with GGGI’s Rules and Regulations that can be found here: https://gggi.org/policy-documents/.
Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.