Solving the world's environmental problems could take a significant toll on economic growth if only today's technologies are available. We know that innovation - the creation and adoption of new cleaner technologies and know-how - provides a means to achieve local and global environmental goals...

Solving the world’s environmental problems could take a significant toll on economic growth if only today’s technologies are available. We know that innovation – the creation and adoption of new cleaner technologies and know-how – provides a means to achieve local and global...

"The scale of investment needed to slow greenhouse gas emissions is larger than governments can manage through transfers. Therefore, climate change policies rely heavily on markets and private capital. This is especially true in the case of the Kyoto Protocol with its provisions for trade and...

Stabilizing climate change entails bringing net emissions of carbon dioxide (CO2) to zero. CO2 stays in the atmosphere for hundreds, if not thousands, of years. As long as we emit more than we capture or offset through carbon sinks (such as forests), concentrations of CO2 in the atmosphere will...

Stabilizing climate change entails bringing net emissions of carbon dioxide (CO2) to zero. CO2 stays in the atmosphere for hundreds, if not thousands, of years. As long as one emit more than captured or offset through carbon sinks (such as forests), concentrations of CO2 in the atmosphere will...

Stabilizing climate change entails bringing net emissions of carbon dioxide (CO2) to zero. CO2 stays in the atmosphere for hundreds, if not thousands, of years. As long as one emit more than captured or offset through carbon sinks (such as forests), concentrations of CO2 in the atmosphere will...

Under the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC), the industrialized countries adopted quantified emission reductions obligations. Marking the 10th anniversary of the establishment of the World Bank Prototype Carbon Fund (PCF) the world's first...

The People’s Republic of China (“China”) officially launched its national emissions trading system (ETS) in 2017, and it will come into operation in 2021. Initially covering the power sector, which accounts for over 40% of China’s energy-related CO2 emissions, the ETS is set to...