Cabo Verde
Nationally determined contribution
Targets
Cape Verde commits to reduce GHG emissions by 18% (unconditional) and 24% (conditional) by 2030 compared to BAU.
Article 6 engagement
Cabo Verde supports the use of all of the enhanced ambition instruments under Art. 6 of the Paris Agreement, focusing on energy and mobility under the provision on cooperative approaches (Art. 6.2 Paris Agreement) and on targeting adaptation benefits for rural communities (food and water security and healthy soils) as well as interventions on sustainable tourism and blue habitats (ecosystem services from coastal wetlands and marine resources) under the non-market approaches provision (Art. 6.8 Paris Agreement).
Mitigation activities
Cape Verde lists five mitigation contributions, containing several measures:
Energy
- Reducing energy intensity and fostering energy efficiency
- Increasing renewable energy targets
Transport
- Lowering the carbon intensity of mobility
Responsible tourism and circular economy
- Shifting towards responsible tourism and circular economy
Agriculture, forestry, and other land-use
- Fostering the nature sink function of ecosystems
Sectors covered by the NDC
Energy; Industrial processes; Agriculture; Waste; Land Use, Land-Use Change and Forestry (LULUCF).
Finance needs
The total estimated funding needs amount to 2 billion EUR (1 billion EUR for mitigation and 1 billion EUR for adaptation).
Carbon pricing
Status
Not available
Carbon markets
National entities responsible for carbon markets
Article 6.4 DNA
Mr. Alexandre Nevsky Gomes Medina Rodrigues
alexandre.m.rodrigues@maa.gov.cv
CDM DNA
Mr. Alexandre Nevsky Gomes Medina Rodrigues
Article 6 strategy and regulations
Not available
National registry
Not available
Pipeline
Article 6
Bilateral agreements
- N/A
Mitigation activities
- N/A
CDM
Data
As of March 12th, 2024, RE projects are the only CDM activity in Cape Verde with issued credits, accounting for a total of 402.92 kt.
2015 was the year with the largest volume of issued credits for RE projects, with 92.31 kt issued.
As of March 12th, 2024, Household projects are the only CDM activity in Ghana with voluntary cancellations, accounting for a total of 2.81 kt.
2022 was the year with the largest volume of voluntary cancellations for household projects, with 1.8 kt cancelled.
Voluntary Carbon Market
Partnerships and capacity building initiatives
Identified support needs
- Not available
Capacity building initiatives
- Not available
For further initiatives in West Africa, please refer to: A6IP Article 6 Capacity Building Activity Database.
Climate Finance
National Designated Authority for climate finance
According to a Climate Policy Initiative analysis (2022), the total climate finance flows into Cape Verde amounted to 27 million USD (2019) and 16 million USD (2020), covering 9.3% of national needs.
Open the UNFCCC Climate Finance Data Portal