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Carbon prices are needed to incorporate climate change costs into economic decision making. Carbon pricing should be included as part of a broader arsenal of tools to achieve domestic climate targets, but it is not a silver bullet: other policy instruments and investments (for example, public...
Persistent link: https://www.econbiz.de/10012642820
By 2050, two-thirds of the planet's population will live in urban centers, and nearly 90 percentof the 2.5 billion new urban dwellers will live in Africa and Asia. The world's urban areas wereresponsible for around 70 percent of greenhouse gas (GHG) emissions in 2013, and that numbercould grow...
Persistent link: https://www.econbiz.de/10012645639
Climate auctions are an innovative climate finance mechanism, with high potential to support nationally determined contribution (NDC) implementation and deepening through efficiently leveraging private investment. The World Bank has developed the climate auction model through the work of the...
Persistent link: https://www.econbiz.de/10012645814
This working paper commissioned by the World Bank Carbon Markets and Innovation Practice (GCCMI) critically examines experience with carbon markets under the Kyoto protocol. The de facto end of the Kyoto Protocol and heralding of the Paris Agreement era has created the space for critical...
Persistent link: https://www.econbiz.de/10012645888
The Paris Agreement introduced a bottom-up approach for addressing climate change by enabling countries to pledge individual commitments through nationally determined contributions (NDCs). Furthermore, Article 6 of the Paris Agreement recognizes that Parties may engage in bilateral cooperative...
Persistent link: https://www.econbiz.de/10012646670
This handbook has been developed to provide instruction on the design and implementation of incentives for resource-efficiency purposes. The target audience is World Bank staff and stakeholders who are supporting the implementation of a resource-efficiency program in a country on behalf of the...
Persistent link: https://www.econbiz.de/10012644367
Stakeholder and public support are critical for an enduring and robust carbon pricing policy. How jurisdictions communicate their carbon pricing policy plays a key role in creating and maintaining that support. Drawing on case studies, research and best practice, the report provides guidance on...
Persistent link: https://www.econbiz.de/10012645735
Carbon pricing is increasingly recognized as an important source of government revenue. Carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and other economic and development objectives. How carbon revenues are used and how these uses are...
Persistent link: https://www.econbiz.de/10012646489
Housed within the climate funds management unit (SCCFM) of the climate change group (CCG) in the World Bank, the biocarbon fund (BioCF), a public-private initiative, has pioneered results-based payments for emission reductions (ERs) from the land-use sector. The challenges can be daunting:...
Persistent link: https://www.econbiz.de/10012647511
Persistent link: https://www.econbiz.de/10012246671