Climate Friendly Technologies (CFT) reduces the emissions of greenhouse gases (GHG) by reducing the carbon content of economic activity. Climate change due to greenhouse gases is expected to affect many sectors, and present risks to many Asia-Pacific Economic Cooperation (APEC) economies in...

Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...

After Bonn and Marrakech it is likely that emission trading will be realized in the near future. Major influences on the permit market are the institutional details, the participation structure and the treatment of hot air. Different scenarios do not only differ in their implications for the...

This note describes Carbon Monitor Cities 2.0, a new approach to near-real-time monitoring of city-level greenhouse gas emissions from various sectors without the need for local data collection. With support from the City Climate Finance Gap Fund, the World Bank piloted this approach for 11...

The World Bank Group is committed to its twin goals: to eradicate extreme poverty and boost shared prosperity in a sustainable manner. The World Bank Group's Forward Look – A Vision for the World Bank Group in 2030 outlines how the World Bank Group strives to achieve these goals in close...

A Development Emergency: the title of this year's Global Monitoring Report, the sixth in an annual series, could not be more apt. The global economic crisis, the most severe since the Great Depression, is rapidly turning into a human and development crisis. No region is immune. The poor...