TCAF supports three types of programs:
|Energy sector reforms, fiscal policy changes, pricing and regulatory measures to promote sustainable mobility
|Minimum Energy Performance Standard for industrial sector; sectoral target for share of renewable energy in grid mix or alternative fuels
|Sustainable city (urban) program targeting low-carbon city planning; multi-sectoral approach to reduce carbon footprint of building, transport, water, energy
TCAF offers support both on international and domestic levels.
Domestically: Supporting mitigation ambitions in developing countries
Mobilizing international climate finance, TCAF supports middle-income countries in scaling up their climate commitments and accelerating meaningful socio-economic growth. Working with national policy makers, TCAF helps shape domestic environmental, energy, and climate change policy to reach meaningful scale and create a lasting, transformative social impact. For example:
- Helping developing countries implement market-based carbon pricing and sector-wide mitigation measures
- Leveraging public finance to create favorable conditions for private sector investment in low-carbon technologies, provide blueprints for efficient and low-cost mitigation, and achieve lasting transformational impact
Internationally: Helping shape carbon markets
TCAF’s efforts inform the international process established in Paris to develop standards and agreements for future carbon crediting instruments and transfer of mitigation assets. TCAF tests various methods to transparently transfer “mitigation outcomes” between parties and to provide stringent accounting and transparency, ensuring the environmental integrity of the assets.