More clarity on requirements for PoAs, scope expansion into Land Use & Forestry projects and simplifications to PoA project cycle procedures
Programme of Activities enable replicable projects access to carbon finance through coordinated implementation, supporting high-impact projects that may have previously struggled to finance activities due to project size and associated transaction costs.
Key updates include:
- New PoA hierarchy defined and corresponding rules and requirements established
- Scope expansion to include requirements and procedures for Land Use and Forestry projects
- Simplifications to the PoA project certification cycle and inclusion of new PoAs