Difference between revisions of "Global - Carbon Partnership Facility"
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{{Project Resource Center | {{Project Resource Center | ||
| − | | | + | |REPRC title=Global - Carbon Partnership Facility |
| − | | | + | |REPRC organization=World Bank |
| − | | | + | |REPRC year=2011 |
| − | | | + | |REPRC language=English |
| − | | | + | |REPRC file en=Global - Carbon Partnership Facility.pdf |
| − | | | + | |REPRC file fr= |
| − | | | + | |REPRC file ar= |
| − | | | + | |REPRC file sp= |
| − | | | + | |REPRC file cn= |
| − | | | + | |REPRC file ru= |
| − | | | + | |REPRC file pr= |
| − | | | + | |REPRC file other= |
| − | | | + | |REPRC type general=Case Study |
| − | | | + | |REPRC type case=Project Financing |
| − | | | + | |REPRC type other= |
| − | | | + | |REPRC technology general RE=General RE |
| − | | | + | |REPRC abstract=There were uncertainties regarding the future of international climate regime for the post 2012 period. In addition, the short term, compliance driven buying interests in the carbon market do not support large, cleaner investments in energy and infrastructure that have long term emission reduction potential. The project-by-project approach under Kyoto Protocol incurred high transaction costs and did not generate the kind of transformation in emission-intensive sectors that large scale programs can produce.<br/> |
Therefore, the World Bank created a Carbon Partnership Facility (CPF), which was designed to develop emission reductions and support their purchase over long periods after 2012. The CPF utilizes scaled-up, programmatic approaches, such as the Programme of Activities, to enable carbon finance to support partner country initiatives in their effort to move towards low-carbon economies.<br/> | Therefore, the World Bank created a Carbon Partnership Facility (CPF), which was designed to develop emission reductions and support their purchase over long periods after 2012. The CPF utilizes scaled-up, programmatic approaches, such as the Programme of Activities, to enable carbon finance to support partner country initiatives in their effort to move towards low-carbon economies.<br/> | ||
*'''Barriers:''' Limited demand for post 2012 carbon assets<br/> | *'''Barriers:''' Limited demand for post 2012 carbon assets<br/> | ||
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[[Category:Financing_and_Funding]] | [[Category:Financing_and_Funding]] | ||
| − | [[Category: | + | [[Category:REPRC_Renewable_Energy]] |
Revision as of 14:59, 26 February 2014
Global - Carbon Partnership Facility
| Title of Document | Global - Carbon Partnership Facility |
| Abstract | There were uncertainties regarding the future of international climate regime for the post 2012 period. In addition, the short term, compliance driven buying interests in the carbon market do not support large, cleaner investments in energy and infrastructure that have long term emission reduction potential. The project-by-project approach under Kyoto Protocol incurred high transaction costs and did not generate the kind of transformation in emission-intensive sectors that large scale programs can produce. Therefore, the World Bank created a Carbon Partnership Facility (CPF), which was designed to develop emission reductions and support their purchase over long periods after 2012. The CPF utilizes scaled-up, programmatic approaches, such as the Programme of Activities, to enable carbon finance to support partner country initiatives in their effort to move towards low-carbon economies.
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| File Download | |
| Original Source | World Bank |
| Year | 2011 |
| Region/Country | |
| Language(s) | English |
| Document Type | Case Study - Project Financing |
| Technology | General RE |
| Connection Type |
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