Glenn Hodes of UNEP's Risoe Center, which leads the organization's efforts in carbon finance and activities related to the CDM, said having such a baseline would make future efforts to boost clean power investments in SADC countries more efficient.
Until now, some Southern African countries had little or no participation in the CDM, despite significant potential.
Among the factors behind the slow uptake was the lack of a regional GHG emission factor for the power grid.
"Previous rules and methodologies didn't particularly match the local context, leaving many countries with a low emission baseline.
This new development enables more projects currently under development, including those utilizing hydropower, wind and solar resources, to increase their supplemental revenues from carbon credit sales," Hodes
Tel: +27 79 559 9663