The prototype carbon fund (PCF) is a public-private partnership whose mission is to pioneer a market for project-based greenhouse gas emission reductions within the framework of the Kyoto protocol to the United Nations Framework Convention on Climate Change (UNFCCC). PCF seeks to show how...

This report follows the evolution of carbon pricing around the world. Last year's report mapped the main carbon pricing initiatives. This year the report presents the status of each of these developing initiatives and explores the emerging trends of carbon pricing. The focus is on the recent...