This paper considers the impacts of "finance blending" whereby climate finance is added to international carbon markets for offset trading. The paper first discusses climate finance and the carbon market as free-standing finance solutions by high-income countries to increase mitigation in...

This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel+ "dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of...

Geothermal is a renewable source energy that can be used directly for heating or for power production. Geothermal utilization, particularly power production, may result in some greenhouse gas (GHG) emissions. GHG emissions from geothermal power production is generally small in comparison to...

Reduction of greenhouse gas (GHG) emissions is fundamental to the mitigation of climate change. It has become increasingly important to estimate and report on GHG emissions to enable the implementation of mitigation measures to limit or reduce total emissions. In most cases, such estimation is...

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...

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...

Climate change is set to have profound effects on Vietnam's development. With nearly sixty percent of its land area and seventy percent of population at risk of multiple natural hazards, Vietnam globally is among the most vulnerable countries to both chronic and extreme events. At the same time,...

Climate change is set to have profound effects on Vietnam's development. With nearly sixty percent of its land area and seventy percent of population at risk of multiple natural hazards, Vietnam globally is among the most vulnerable countries to both chronic and extreme events. At the same time,...

This report provides the papers and proceedings of the first International Research Conference on Carbon Pricing held from February 14-15, 2019 in New Delhi, India. With the goal of strengthening the carbon pricing knowledge base and fostering an improved understanding of the evolving challenges...

This retrospective examines how the World Bank's strategic use of climate-related trust funds has enabled it to play an outsized role in catalyzing climate action worldwide for nearly 30 years. By looking back at the history of climate and carbon finance, with a focus on the pioneering role of...