Dakar, Dec 18 (APS) – The Project for the construction of the marginal reduction cost curve (MACC) made it possible to identify in Senegal 35 greenhouse gas mitigation measures to fight against global warming, indicated , Wednesday, Madeleine Diouf Sarr, director of climate change, ecological transition and green financing.
”We are here to validate this project, a study to evaluate the cost of abatement of greenhouse gas mitigation and emission projects,” she explained.
She stressed that the curve produced “made it possible to identify 35 win-win measures to mitigate greenhouse gas emissions for Senegal.”
This central tool for prioritizing emissions according to their carbon and financial impact also contributed to “seeing the cost of these measures,” continued Ms. Sarr.
She spoke at the opening of the national validation workshop of the study on the marginal reduction cost curve (MACC) of greenhouse gas emissions of the Partnership for market implementation (PMI) Project financed by the World Bank.
”This tool will really allow us to better document and negotiate better with our partners within the framework of the carbon market. We also want to put forward these measures to also obtain financial support and investments for Senegal,” she added.
She specified that these 35 measures concern different sectors, in particular the environment sector, which deals with reforestation, the protection of mangroves, the fight against bush fires, and the development of improved stoves, to reduce pressure on forests.”
Measures which also concern “energy projects, in particular how to promote butane gas in household cooking and renewable energies.”
”Sanitation projects”, how to ”reduce methane emissions in the sanitation sector while increasing access to sanitation and wastewater treatment are also affected by these measures mitigation,” she further indicated.
Madeleine Diouf Sarr estimated that these ”mitigation measures can be very optimal for the development of Senegal while respecting our growth, or the Senegal Vision 2050 benchmark”.
For his part, the representative of the consultancy firm “Carbon Limits”, Stéphane Guille stressed that “Senegal, like all countries, wants to continue its economic growth”.
”This growth comes with higher greenhouse gas emissions, but with evolving technologies, there are opportunities to have economic growth without having a significant increase in greenhouse gas emissions” , he explained.
According to him, ”having knowledge of the relative costs of different measures to mitigate greenhouse gas emissions presents the opportunity to engage with partners in international cooperation on carbon markets”.
”This study on the marginal reduction cost curve (MACC) is one of the tools that can help Senegal in this international cooperation to obtain international financing through carbon markets,” argued Mr. Guille.
The project to construct the marginal abatement cost curve (MACC) was launched in July 2024. It is part of the implementation of Article 6 of the Paris Agreement on carbon markets.
Signatory to the Paris Agreement in 2015, Senegal has made clear commitments to reduce its greenhouse gas emissions, in particular through the implementation of its Nationally Determined Contribution (NDC), adopted in 2020.
With this in mind, Senegal has engaged in a proactive dynamic which has made it possible to establish a national operational framework on the carbon market, supported by concrete achievements.
Today, the establishment of the MACC will make it possible to assess the mitigation potential by sector, to define a reduction cost taking into account the local context and to refine the eligibility criteria to be applied to transition projects on Article 6 of the Paris Agreement.
ID/AB/ASG/ADL