Prototype carbon fund pdf

Prototype carbon fund and carbon finance at the world bank. The aspiration of the prototype carbon fund manager and participants has always been to pave the way for themselves and all the others who would want to follow. As a sign of these changing times, the project portfolio of the prototype carbon fund is almost complete. In addition the bank established the community development carbon fund and the. Prototype carbon fund occasional papers series number 1 work in progress october 3, 2000 6 learning from the implementation of the prototype car bon fund4 the prototype carbon fund pcf is a privatepublic partnership that aims to mobilize new and. The world banks prototype carbon fund and china econstor. Request pdf undertaking emission reduction projects. The prototype carbon fund pcf the mission of the prototype carbon fund was to pioneer the market for projectbased greenhouse gas emission reductions within the framework of the kyoto protocol and to contribute to sustainable development. Pdf the world banks prototype carbon fund and china. Housed and managed in the banks carbon finance group in the essd vice.

Ieta is proud to present an oral history of the carbon market, from the kyoto protocol up to the road to paris. Since then the bank has also agreed to administer country carbon funds for the netherlands, italy, spain and denmark. Definition of pcf in the acronyms and abbreviations directory. History and objectives of the prototype carbon fund. The prototype carbon fund pcf is a publicprivate partnership whose mission is to pioneer a market for projectbased greenhouse gas emission reductions within the framework of the kyoto protocol to the united nations framework convention on climate. The experience of carbon finance hasand continues to beone of rich learning. A partnership between seventeen companies and six governments, and managed by the world bank, the prototype carbon fund pcf became operational in april 2000. Pdf as the first global carbon fund, the world banks prototype carbon fund pcf aims to catalyze the market for projectbased greenhouse gas. The prototype carbon fund independent evaluation group world. The prototype carbon fund pcf is a publicprivate partnership whose mission is to pioneer a market for projectbased greenhouse gas emission reductions within the framework of the kyoto protocol to the united nations framework convention on climate change unfccc.

Prototype carbon fund and clean development mechanism the ratification of the kyoto protocol will pave the way for developed countries to. The world banks prototype carbon fund extended an agreement until as late as 2023 to help govern the syndicate including six governments and 16 companies. The world banks prototype carbon fund and china pdf logo. World bank prototype carbon fund agreement extended. The ccb standards differ from carbon accounting standards such as the clean development. The prototype carbon fund is an example of how new and emerging market. Promote markets for cost effective renewable energy technologies and energy efficiency in partnership. This paper addresses the issue of the primary prototype carbon fund objectives. Prototype carbon fund pcf european environment agency. As the first carbon fund, its mission is to pioneer the market for projectbased greenhouse gas emission reductions while promoting sustainable development and offering a learningbydoing opportunity to its stakeholders. Lessons learned francisco fernandezasin the prototype carbon fund pcf the pcf is a publicprivate fund established in 2000 and administered by the world bank acting as trustee.