Developing Nationally Appropriate Mitigation Actions (NAMAs) for freight transport (2014 onwards)
The freight sector in the Greater Mekong Subregion (GMS) is emerging as a significant source of greenhouse gas emissions, driven in part by regional economic cooperation and the associated development of economic corridors. In order to test interventions that could mitigate increases in emissions from freight transport, pilot projects are being implemented in Lao PDR, Thailand and Viet Nam through the GMS Green Freight Initiative .
One potential way of scaling up low carbon freight approaches would be through emerging ‘new market’ and carbon financing mechanisms such as Nationally Appropriate Mitigation Actions (NAMAs) or the Joint Crediting Mechanisms (JCM). However, monitoring, reporting and verifications systems (MRVs) need to be developed, and supporting technical capacity and institutional arrangements need to be strengthened, in order to support mitigation actions in the transport sector.
To address these issues a feasibility study is being initiated under CEP in 2014 to identify the potential for national mitigation actions / programs for the freight sector. The study will focus on Lao PDR, Thailand and Viet Nam and will build on the approaches being piloted under the GMS Green Freight Initiative. The study will be initiated in the third quarter of 2014 and will be implemented over one year.
Publish Date: 7th April 2014
Last Updated: 7th April 2014