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...

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...

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...

This study was undertaken by the World Bank to inform the potential areas and means ofassistance to the Government of Uzbekistan in scaling up energy efficiency (EE) investmentsin residential, commercial, and public buildings, focusing on energy use and efficiency inspace heating. Considering...

The most cost-effective way to reduce both particulate and carbon dioxide (CO2) emissions is to couple switching from noncompliant solid fuel boilers to gas boilers, heat pumps, renewable energy (RE) heating systems such as biomass, wherever possible, and compliant solid fuel boilers, as...

The main objective of this report is to provide an intermediate step toward building more energy-efficient economies in the Middle East and North Africa (MENA) region. The present study complements the 2009 Energy Sector Management Assistance Program (ESMAP) report by providing a quantitative...

Carbon taxes can be win-win for Bangladesh. They can help show the world that Bangladesh is serious about climate mitigation, boosting the country's influence in international negotiations and helping it to access financing and technology promised during the COP-21. They can play a role in...

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...

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...