Overview

This publication discusses the potential rewards and challenges of participating in carbon markets at length. It explores how countries may achieve progress toward emission reduction of hydrofluorocarbons (HFCs) through strategically leveraging carbon markets, with a focus on life cycle refrigerant management. The publication examines how carbon markets can facilitate the phasedown of HFC, and how carbon financing mechanisms can be leveraged to incentivize HFC mitigation actions that align with individual countries' broader economic, environmental, and sustainable development objectives. It provides step-by-step guidance on how to identify and design projects, with emphasis on project development based on national needs and contexts.

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