Our methodology
It's all about anticipation and preparation
Verponts is working with various African governments to design and adapt a low carbon strategy for their accelerated growth. Verponts adapts its strategy to the development and the current situation of the country. Our methodology includes three phases:
Has the country established an effective regulatory framework to address the challenges of climate change? Is this framework in line with international standards outlined in the UN Framework on Climate Change (UNFCCC/Paris Agreement, articles 6.2, 6.4 and 6.8) and does it meet the needs of carbon voluntary markets? Are there opportunities for future improvement?
Many African countries have valuable environmental assets, such as carbon credits generated by forestry, mangroves, seagrass beds, agriculture, solar power plants, etc., that can be used to generate revenue. Verponts will work with countries to assess these assets, prepare them for sale on voluntary markets, and prepare them for future compliance requirements (on regulated markets). Verponts will also finance the studies, monitoring, reporting, verifications, certifications, and audits necessary to maximize the value of these assets.
- In line with the country's development goals, we are implementing a comprehensive strategy for a low-carbon economy that will support the country's growth. We will tailor our approach at a territorial scale and work to create a solid framework to enable our projects to be integrated into high-quality, integrity-based programs that comply with future regulatory requirements.
- Verponts will assess the various carbon credit generating programs and projects in the country and optimize the selection and development of the best projects. The different types of programs and projects are detailed in appendix 1. The objective is to prepare the projects for investment.
Verponts will connect the best investors for the implementation of programs and projects.
Does the country have a regulatory framework in place? Is it in tune with the future evolution of the International Climate Change Framework (UNFCCC/Paris Agreement – Art 6.2, 6.4 and 6.8)? Does it matches the needs for the Voluntary Carbon Markets structure? Can this be improved?
Most countries in Africa have tremendous environmental assets (carbon credits) generating assets such as forestry, mangroves, seagrass, agriculture, solar plant etc. that are left idle and not monetized. Verponts will work with countries and finance the study, valuation, monitoring, reporting , verification, certification and audit of existing assets to be sold in the voluntary market and preparing them for the future compliance (regulated markets).
- In line with the country development plan, we will work on a full low carbon economy strategy to enhance the country’s development. The approach will be tuned on a jurisdictional scale and will work as possible on the construction of a nested structure to allow projects to be nested in programs and reach the best in class quality/integrity and future compliance markets.
- Verponts will assess various possible carbon credit generating programs/projects in the country and optimize the selection and development of the best programs/ projects. Various types of programs/projects are presented in Annex 1. The objective is to prepare and have the projects ready for investors.
Verponts will match the best investors for the execution of the programs/projects.
