Carbon Market Framework v1.0 published for public use
The framework consolidates the rules governing authorization, issuance, transfer and retirement of units generated in Malawi.
Version 1.0 of the Malawi Carbon Market Framework is now published. It consolidates, in a single instrument, the rules that govern participation in both Article 6 cooperative approaches and the voluntary carbon market.
The framework establishes the mandate of the Carbon Market Office, the criteria for authorization, the treatment of corresponding adjustments, and the benefit-sharing floor that applies to communities hosting mitigation activities.
No unit is issued until the Authority has authorized the activity.
The framework will be reviewed annually. Comments may be submitted to the Office at any time and will be considered in the next revision cycle.