Year of launch:: 
27.08.2021

 

The Global Carbon Market is a global project involving five countries: Chile, Germany, India, Tunisia and Uganda. The project’s principal aim is to build stakeholder capacity in using market mechanisms to help put the NDCs (Nationally Determined Contributions) into effect.

The principal objectives of the project are:

  • The creation of a nucleus of Tunisian expert negotiators on article 6;
  • Capacity building of the Tunisian delegation for international negotiations;
  • Raising awareness of decision-makers, in both public and private sectors as well as civil society, of market mechanisms, in particular those governed by Article 6;
  • Defining possible alternative ways for the use of market mechanisms, nationally and internationally, to contribute to putting climate policies into practice.
Carbon Pricing
  • 30%
    The scarcity of national natural resources along with the increase of energy demand leads Tunisia to initiate an energy transition process focusing on the increase of the share of renewable energies in the production of electricity in order to reach 12% by 2020 and 30% by 2030, in comparison to the current 3%. Indeed, the objective is to reach a renewable electric power of 3815 MW by 2030.
  • 45%
    International negotiations on climate change resulted in a historic agreement in December 2015 in Paris called the "Paris Agreement"
  • 35%
    Penetration rate of renewable energies in electricity production in 2030