Carbon Financing for Renewable Energy Projects in Zimbabwe ? A Case of Chipendeke Micro-Hydro Scheme

The purpose of the research was to determine the availability of alternative carbon revenue for renewable energy schemes in Zimbabwe taking Chipendeke Micro Hydro Scheme as a case study for the research. The research was based on how the Micro hydro power projects can benefit from the financing in terms of improved revenue provision as a source of income, it came up with the a comparison between carbon financed scheme and a non carbon financed scheme and explained how carbon finance affects the payback period of the project After analysis of the different carbon finance options available a design package of the carbon finance was done and it came up with the mechanism of carbon finance to be used, cost of project with and without carbon finance, how the carbon revenue would be used and the responsible parties for application and receipt of the funding.