GULF CARBON TRUST - المجلس الخليجي للبصمة الكربونية

Policy Advisory

Policy Advisory

For developing regional context of pre and post 2020 climate regime, the governments and businesses in the region need advisory services on various climate change policy aspects. These aspects include: climate mitigation, adaptation, technology transfer, climate finance, capacity building and response measures. GCT, being a regional organization, understand the length and breadth of the issues faced by the region, and is well equipped with its international network of expert to offer various advisory services, which include, but not limited to, the following.

  • Developing sectoral profiles for the region: This includes potential for emission reductions, development of sectoral baselines, identification of specific mitigation opportunities, potential for policy actions including Nationally Appropriate Mitigation Actions (NAMAs)
  • Climate policy and climate action formulation: This includes development of policies for mitigation and adaptation, development of NAMAs, and seeking international support for their implementation.
  • Development and update of Intended Nationally Determined Contributions (INDCs): INDCs spell the commitment of government to contribute to fight climate change, and therefore speaks volumes of government character and its preparedness to fight and international calamity for the betterment of humanity. GCT can help developing government ambitions and programs that can be fed to preparation of INDCs. GCT experts can work in shoulder to shoulder support with government representatives to developing and implementing an ambitious, yet, realist, INDC.
  • Helping to put a price on Carbon: Carbon Pricing is a part of a long‐term risk strategy to manage future carbon liability, and a gauge to evaluate return on investments. Many companies recognize the importance of internal shadow price of carbon to assist decision making. More than 1000 companies globally have called for strategic carbon pricing. For governments this includes designing and implementing domestic carbon markets, emission trading schemes and carbon penalties and 16carbon taxation schemes. GCT helps the businesses and governments to develop and implement the necessary strategies to put a price on carbon.