ServicesACX will serve as a clearinghouse for the development of greenhouse gas reduction projects in Africa; its main roles and benefits include:Capacity BuildingACX identifies and promotes African greenhouse gas reduction project opportunities ACX will be a focal point for the identification, concept development, evaluation and screening, and marketing of African greenhouse gas emission reduction project opportunities. Project Evaluation and ApprovalACX evaluates and selects the best projects ACX will provide necessary technical expertise and support to the Designated National Authorities (DNAs) of host countries as they fulfill their national and international roles in project evaluation and approval. Project FinanceACX links project developers with financing sources ACX will serve as a primary interface between project developers and organizations such as the World Bank, African Development Fund, International Finance Corporation, international carbon funds, and other pubic and private organizations potentially involved in project financing and carbon credit asset management. Project Management and OversightACX will provide access to the expertise necessary to develop and manage projects ACX will provide project developers with access to a network of essential technical, governmental and business partners in African host countries, as well as facilitating the monitoring of project performance by host countries. Market FacilitationACX will ensure that African entities fully benefit from a project’s value ACX brings coordinated access to international carbon markets though relationships with major carbon credit compliance buyers, private and governmental funds, investment houses, etc., as well as linkage with international exchanges such as the CCX and ECX for efficient trading and asset management. African partners benefit from retaining and utilizing maximal asset value within Africa, creating important positive feedbacks for regional and national economic development. |