Carbon Trust to Join UN Network Providing Climate Technology Support to Developing Countries

Carbon Trust to Join UN Network Providing Climate Technology Support to Developing Countries

Authorities

The Carbon Trust has been accepted as the latest Network member of the UN Framework Convention on Climate Change’s (UNFCCC) Climate Technology Centre and Network (CTCN). The Carbon Trust will join the existing network, which currently consists of 20 organisations from across the world, to provide climate technology support to developing countries.

The CTCN is a mechanism mandated by the UNFCCC Conference of the Parties, designed to support the transfer of climate technology – for both mitigation and adaptation – from developed to developing countries by providing Technical Assistance, at the request of developing countries.

Hosted by the United Nations Environmental Programme (UNEP), with the support of the United Nations Industrial Development Organisation (UNIDO) and 11 independent climate organisations, the aim of the CTCN is to help developing countries move to low carbon and climate resilient development by responding to requests made by individual countries for climate technology-related technical assistance and capacity building.

Welcoming the Carbon Trust to the Climate Technology Network, CTCN Director Jukka Uosukkainen said: “In becoming a Network member, the Carbon Trust has demonstrated its capabilities in initiatives aimed at the development, transfer and deployment of climate technologies applicable for developing countries including the areas of policy, capacity building and investment.”

Tom Delay, Chief Executive, the Carbon Trust commented: “We wholeheartedly support the CTCN’s mission, which mirrors closely that of the Carbon Trust, to help developing nations move to low carbon and climate resilient development and welcome our acceptance onto the international Network. We have already found that our international experience in renewable energy and low carbon policy design, NAMA creation, climate technology programme design and incubation support for entrepreneurs to be highly valuable in supporting the climate change mitigation ambitions in developing countries. We believe the CTCN will make a big difference in the transfer and deployment of climate technology to developing countries.”

The Climate Technology Centre’s Network members contribute their sectoral and, or regional expertise in a broad range of climate technologies by bidding to provide services in response to individual countries’ climate technology requests. In addition, Network members engage with one another and with the National Designated Entities, the CTCN’s focal points in each country, on technology needs, solutions and climate technology capacity building.

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Press release; Image: Vattenfall (Illustration)