MDG Carbon Facility

To help mobilize the potentially significant benefits of carbon finance for the developing world, UNDP has established the MDG Carbon Facility (the “Facility”), an innovative mechanism for the development and commercialization of emission reduction projects. The core objectives of the Facility are:

• Broadening access to carbon finance by enabling a wider range of developing countries to participate, particularly those countries which are presently under-represented.

• Promoting emission reduction projects which contribute to the Millennium Development Goals (“MDGs”), yielding additional sustainable development and poverty reduction benefits.