The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs

التفاصيل البيبلوغرافية
العنوان: The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
المؤلفون: Lauren Kelly, Jeffery Jordan
بيانات النشر: World Bank, Washington, DC
مصطلحات موضوعية: Environment - Climate Change Mitigation and Green House Gases Macroeconomics and Economic Growth - Climate Change Economics Environment - Carbon Policy and Trading Banks and Banking Reform Environmental Economics and Policies Finance and Financial Sector Development
الوصف: The prototype carbon fund (PCF) is a public-private partnership whose mission is to pioneer a market for project-based greenhouse gas emission reductions within the framework of the Kyoto protocol to the United Nations Framework Convention on Climate Change (UNFCCC). PCF seeks to show how project-based greenhouse gas emission reduction transactions can lower the cost of compliance with Kyoto, promote sustainable development, and mobilize new resources for Bank clients. Recognizing the global environmental benefits of emissions reductions regardless of location, Kyoto allows industrialized countries and firms to offset certain obligations through the purchase of lower-cost emission reductions (ERs) in developing and in-transition countries. This review identifies Bank comparative advantage-related issues, as well as the issues raised by competition between the Bank and International Finance Corporation (IFC) in carbon finance.
URL الوصول: https://explore.openaire.eu/search/publication?articleId=od_______645::1cd56b571a996fe6ee3c402a0de62498
https://openknowledge.worldbank.org/bitstream/handle/10986/20213/820950WP0gppp000Box379853B00PUBLIC0.pdf?sequence=1
حقوق: OPEN
رقم الأكسشن: edsair.od.......645..1cd56b571a996fe6ee3c402a0de62498
قاعدة البيانات: OpenAIRE