Future of the Carbon Market
Principal Office: Germany
The Foundation “Future of the Carbon Market” (Stiftung Zukunft des Kohlenstoffmarktes) promotes a market-based approach at a program level to reduce carbon emissions in developing countries.
The Foundation aims to go beyond the level of individual carbon projects to reach entire economic sectors via a program approach. The program approach relies on start-up finance generated by the sale of tradable emissions certificates, combined with national policies and incentives favorable to emissions reductions. In the view of the Foundation, this program approach is the future of the carbon market (i.e., explaining the Foundation’s name).
Grant Programs for Agriculture, Energy, Environment, Natural Resources
Program Approach in Carbon Markets. The Foundation defines three funding priorities:
Raising the Profile of the Program Approach — This refers to educating policy makers, investors, and industries about the advantages of the program approach through workshops, conferences, and information materials.
Capacity Building of Governments — The Foundation supports the efforts of national governments to integrate market-based programs for carbon reductions into climate policies.
The Foundation favors programs in an advanced state of planning and preparation; that are carried out in least-developed countries and/or poor regions vulnerable to climate change; that are integrated into the country’s climate policy; that will positively influence the development of the future carbon market; and that meet other criteria.
About the program
The Foundation announces calls for proposals on their website.
About how to apply
Geographical Distribution of Grant Activities in Developing Countries
The Foundation’s website is available in German and English.
The Foundation was established as a complement to the International Climate Initiative by Germany’s Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) and the German Development Bank (KfW).
The Foundation offers an electronic form for contact information.
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