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...

Carbon pricing policies that are aligned with the Paris Agreement objectives will have positive and negative socio-economic impacts on society. Impacts of unabated climate change are expected to disrupt economic development and disproportionally affect the poorest parts of the population,...

This study uses a computable general equilibrium model to analyze various policy scenarios for a carbon tax on greenhouse gas emissions from petroleum fuels and kerosene in Ethiopia. The carbon tax starts at USD 5 per ton of carbon dioxide in 2018 and rises to USD 30 per ton in 2030. Different...

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...

Top-down economic models, such as computable general equilibrium models, are the common tools to assess the economic impacts of climate change policies. However, these models are incapable of representing the detailed technological characteristics of the sources of greenhouse gas emissions. The...

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...

Over the past decade, greenhouse gas reporting programs have emerged to provide information on emission sources and trends. As more jurisdictions plan to design and implement these programs, this report draws on the experience of 13 existing and proposed programs to guide policymakers and...

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...