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...

Carbon markets under the Paris Agreement are expected to differ substantially from those that emerged under the Kyoto Protocol. Unlike the top-down approach of markets created by the Kyoto Protocol, such as the Clean Development Mechanism (CDM), international carbon markets under Article 6 of...

For the use of water markets to introduce improve water resources management, the existence of adequate institutional arrangements is one of the key elements of success. The papers compiled in this publication describe and analyze three cases from very different settings. The papers point out...

Many developing countries sharing water resources of international river basins are facing serious problems in meeting their rapidly growing demandes for domestic, irrigation, industrial, power, and other uses due to riparian conflicts. This report decribes the Bank's successful interventions in...

Severe air pollution is threatening human health and the gains of economic growth in Asia's largest cities. This report aims to assist policy makers in the design and implementation of policies, monitoring and management tools to restore air quality in Mumbai (bombay), India's financial and...

Water resources in Sub-Saharan Africa (SSA) have become a strategic commodity, with supply limited in terms of quantity and quality, and demand increasing due to population growth and economic development. The strategy developed in this document is based on the principle that water is a scarce...

Water users' organizations are one example of community participation at work in the sectors of irrigation, drinking water supply, and sanitation. This paper looks at the conditions under which these organizations are most effective in managing water systems. It identifies key external factors...

Although the physical aspects and agrocultural impacts of drought and government and donor responses as well as household coping and survival strategies in the event of drought have been well studied, little research has occurred on either its nonagricultural or economywide macroeconomic impacts...