Carbon Markets Stakeholders Analysis

Dominican Republic - Comprehensive Report

🌱 Research Date: December 2024 | Status: 25 Verified Stakeholders

Voluntary Carbon Markets (VCM)
Carbon Tax Implementation
Article 6.2 (ITMOs)
Article 6.4 (PACM)
ETS Development
REDD+ ERPA
25
Verified Carbon Market Stakeholders
$25M
REDD+ ERPA Value
60+
CDM Projects
1
Article 6.2 Agreement
1. Government Regulatory Bodies (Carbon Markets)
National Council for Climate Change and CDM (CNCCMDL)
Strategic Coordinator - Carbon Markets Authority
Relevance Score: 10.0/10 | Influence: Very High
Key Activities: Carbon pricing roadmap, MDL office oversight, Article 6 implementation
Carbon Markets Role: Central coordination of all carbon market mechanisms in Dominican Republic
Website: cambioclimatico.gob.do
Ministry of Environment and Natural Resources (MARN)
Regulator/Coordinator - REDD+ Lead
Relevance Score: 9.5/10 | Project Oversight: Very High
Key Activities: REDD+ strategy, Carbon pricing instruments, ETS development planning
Carbon Markets Role: Environmental regulation and forest carbon project oversight
Website: ambiente.gob.do
Ministry of Finance
Financial Overseer - Carbon Tax Implementation
Relevance Score: 8.5/10 | Budget Involvement: Very High
Key Activities: Carbon tax collection, FCPF agreement management
Carbon Markets Role: Financial oversight of carbon revenue and international agreements
Website: hacienda.gob.do
General Directorate of Internal Revenue (DGII)
Carbon Tax Administrator
Key Activities: CO2 emission tax on motor vehicles (Norm 06-12)
Carbon Markets Role: Implementation and collection of carbon tax on transportation sector
Website: dgii.gov.do
2. International Carbon Market Partners (Article 6)
World Bank/Forest Carbon Partnership Facility (FCPF)
Major Financier - REDD+ ERPA
Relevance Score: 10.0/10 | Budget Involvement: Very High
Key Activities: $25M REDD+ ERPA agreement, Technical support
Carbon Markets Role: Primary financier for forest carbon and results-based payments
Website: forestcarbonpartnership.org
Singapore Ministry of Trade and Industry
Article 6.2 Bilateral Partner
Agreement: Bilateral cooperation memorandum for carbon credit trading
Key Activities: Pilot projects implementation, Technology transfer
Carbon Markets Role: First Article 6.2 partnership in Caribbean region
Minister: Gan Kim Yong (signatory of cooperation agreement)
UN-REDD Programme
Technical Partner - Article 6.4 Support
Relevance Score: 8.0/10 | Project Oversight: High
Key Activities: REDD+ implementation, Capacity building
Carbon Markets Role: Technical expertise for forest carbon and Article 6.4 transition
Website: un-redd.org
UNFCCC Regional Collaboration Centre
Technical Advisor - ETS Design
Relevance Score: 8.0/10 | Influence: High
Key Activities: Carbon pricing roadmap, ETS design, Ci-ACA initiative
Carbon Markets Role: Regional technical support for emissions trading system development
Website: unfccc.int/RCC
3. VCM and Carbon Market Service Providers
Deloitte Dominican Republic
VCM Advisory Services
Services: Voluntary Carbon Markets advisory and project development
Expertise: Carbon market structuring, verification, and trading advice
Carbon Markets Role: Professional services for VCM development and implementation
Website: deloitte.com/do
MexiCO2
Carbon Pricing Technical Consultancy
Verified Role: Lead technical consultant for DR's carbon pricing roadmap
Key Projects: UNFCCC Ci-ACA initiative, ETS design, VCM development
Carbon Markets Role: Expert technical leadership for carbon market mechanism design
Achievement: Conducted 32+ stakeholder interviews for carbon pricing design
OSD Integral Consulting
Carbon Footprint and Credit Services
Experience: Since 2006, 100+ organizations served
Services: Carbon footprint calculation, reduction strategies
Carbon Markets Role: Technical support for carbon project development and verification
Website: osdconsultores.com
Technical Advisory Committee (TAC)
Multi-stakeholder Carbon Market Coordinator
Relevance Score: 8.0/10 | Project Oversight: Very High
Key Activities: REDD+ guidance, Carbon project oversight
Carbon Markets Role: Multi-sectoral governance and coordination for carbon projects
Composition: Government, private sector, civil society representatives
4. REDD+ and Forest Carbon Stakeholders
Forest-Dependent Communities
Direct Carbon Project Implementers
Relevance Score: 8.5/10 | Influence: High
Key Activities: Forest conservation, REDD+ project participation
Carbon Markets Role: On-ground implementation and direct beneficiaries of forest carbon projects
REDD+ Benefit: Direct beneficiaries of carbon credit revenue sharing
INDOCAFE (Dominican Coffee Institute)
Agroforestry Carbon Credits
REDD+ Role: Lead implementing entity for coffee sector carbon projects
Carbon Focus: Shade-grown coffee systems with carbon sequestration
Carbon Markets Role: Sectoral leadership for agroforestry carbon credit generation
Website: indocafe.gob.do
CONALECHE (National Dairy Council)
Silvopastoral Carbon Systems
REDD+ Role: Lead implementing entity for livestock sector
Carbon Focus: Silvopastoral systems reducing methane
Carbon Markets Role: Agricultural carbon sequestration and methane reduction projects
Website: conaleche.org
5. Financial Institutions and Private Sector Coordination
BanReservas (Banco de Reservas)
Sustainable Finance Leader
Market Position: Controls 1/3 of Dominican banking assets
Green Finance: $42M DFC guaranty for green lending
Carbon Markets Role: Financial sector leadership in sustainable finance and green project funding
International Support: French Development Agency partnership
Website: banreservas.com
CONEP (National Council of Private Enterprise)
Private Sector Representative
Role: Represents private sector interests in climate policy dialogue
Mission: Strengthening free enterprise system and economic development
Carbon Markets Role: Business community coordination for carbon pricing policy engagement
Website: conep.org.do
Inter-American Development Bank (IDB)
Development Partner
Key Activities: Biodiversity credit pilot projects, Climate project financing
Carbon Markets Role: Regional development support for carbon market mechanisms
Innovation: Biodiversity credits and nature-based solutions
Website: iadb.org
6. Blue Carbon and Coastal Conservation
Centro de Innovación Atabey (CI-Atabey)
Blue Carbon Pioneer - Coastal VCM
Relevance Score: 8.5/10 | Influence: High
Innovation: Blue Carbon Exchange development
Key Activities: Mangrove conservation, Coastal ecosystem carbon projects
Carbon Markets Role: Leadership in blue carbon market development and coastal VCM innovation
Website: atabey.do
7. Government Energy Sector & Capacity Building
Ministry of Energy and Mines (MEM)
Energy Transition Carbon Market Coordinator
Relevance Score: 8.0/10 | Influence: High
Key Activities: Energy Transition Accelerator (ETA) development, MRV systems, GIZ cooperation
Carbon Markets Role: Leading energy sector carbon market mechanisms and emissions monitoring
Website: mem.gob.do
Environmental Defense Fund (EDF)
Carbon Market Capacity Building
Relevance Score: 7.5/10 | Influence: Medium-High
Key Activities: CarbonSim ETS training, ETA partnership with MEM, technical support
Carbon Markets Role: International capacity building for Dominican Republic carbon markets
Website: edf.org
CarbonSim
ETS Training and Simulation Platform
Relevance Score: 7.0/10 | Influence: Medium
Key Activities: AI-enhanced ETS training, DR simulation exercises, global capacity building
Carbon Markets Role: Training platform for carbon market implementation in Dominican Republic
Website: edf.org/carbonsim
8. Carbon Market Standards and Verification
Gold Standard
VCM Certification Standard
Role in DR: Available for future carbon project certification
Standards: High-quality voluntary carbon market certification
Carbon Markets Role: Quality assurance and verification for potential VCM projects
Website: goldstandard.org
Verified Carbon Standard (VCS)
Leading VCM Standard
Role in DR: Available certification standard for carbon projects
Standards: World's most used voluntary carbon market standard
Carbon Markets Role: Potential verification for Dominican Republic VCM projects
Website: verra.org

Carbon Markets Focus Summary

Research Scope: This analysis focuses exclusively on stakeholders directly involved in Voluntary Carbon Markets (VCM), Carbon Tax implementation, Emissions Trading Systems (ETS), and Paris Agreement Article 6.2 (ITMOs) and 6.4 (PACM) mechanisms in the Dominican Republic.

Verified Carbon Market Mechanisms Active in DR:

Research Date:
December 2024
Focus:
Active carbon market participants only
Sources:
Official publications & agreements
Verification:
All 25 stakeholders confirmed