Partnership for Market Implementation - World Bank
In cooperation with
Partners
CRES
Senegal stands at a critical juncture in its efforts to combat climate change and foster sustainable economic growth. As part of its commitment to the Paris Agreement and the broader global agenda for environmental sustainability, the Senegalese government is exploring the implementation of a carbon tax as well as the generation of carbon credits from emissions reduction and removal projects under the framework of the Article 6 of the Paris Agreement.
Stakeholder engagement plays a key role in the development of carbon pricing instruments, promoting transparency and building public support for carbon pricing. To support this process, adelphi, in collaboration with Dakar-based CRES and commissioned by the World Bank PMI and the Senegalese government, is developing a comprehensive Stakeholder Engagement Strategy (SES). The project is structured into three phases: preparatory research, development of the strategy, and stakeholder engagement and validation.
The project aims to identify sources of support and opposition among stakeholders, while also raising awareness about the benefits of carbon pricing. This inclusive approach will help build consensus on the design of both the national carbon tax and the Article 6 mechanism. The final output will be a detailed Stakeholder Engagement Strategy, providing the Senegalese government with actionable insights gained from in-depth interviews and roundtable discussions with key stakeholders. This strategy will support Senegal’s efforts to drive forward its climate agenda and ensure a smooth transition to a sustainable, low-carbon economy.