Guidance for Countries in Assessing ERC Projects

Guidance for Countries in Assessing ERC Projects

Section Overview

As the world continues to grapple with the impacts of climate change, the urgent need to reduce carbon emissions has driven the use of carbon pricing instruments and trading of emissions reduction to create the incentives needed to meet emissions reduction targets established by Governments and by businesses. These Guidelines aim to provide a comprehensive and adaptable guide to identify and develop Emission Reduction Credit projects and investments.

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Emission Reduction Program, Utopian City of Green

Watch this space.  Unlocking Global Emission Reduction Credit is intended to be a living document and will be reviewed at regular intervals. Check the page below or download the following reports: Strategic Guidance for Country System Assessments and Guidance for Countries in Assessing ERC Projects, or the Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.

Practical and implementable guidelines for governments to select ERC projects:

The Guidelines are designed to provide practical and implementable guidelines for governments to select ERC projects that are most likely to attract high demand and best-value pricing, and identify key elements related to the project’s governance and sales strategy that will enable the project to achieve its value potential. 

They can be applied to review a pipeline of projects, assess the potential of an individual project or program in consideration of its eligibility and viability for ERC generation, or select projects with the most likely value-for-money ERC development opportunities and can be used in parallel with the Guidelines for Country System Assessments and Mobilizing ERC Finance.

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To find more, visit the Guidance for Countries in Assessing ERC Projects sections below.

Sections

Further Guidance for Application, net zero target and carbon creditco2 emission reduction to stop global warming
Contents: Guidance for Countries in Assessing ERC Projects
Introduction to World Bank’s Emission Reduction Program, Blurred bright day in the city Green colors Motion of the city Background with bokeh and summer vibe
Objective of Guidance for Countries in Assessing ERC Projects
Determining Country Inputs, Photo environment icon on a wood block in green nature background save the earth
Determining Country Inputs
Conducting the Initial Profiling and Making a Preliminary Decision, ecofriendly green building with vertical garden design for sustainability
Initial Profiling and Preliminary Decision
Conducting the Project Assessment and making the Final Decision, icon of a goal fulfilled in the form of a clear pond in the middle of a lush forest
Project Assessment and Final Decision
Further Guidance for Application, green walls in an architectural building
Further Guidance for Application
Guidance for Countries in Assessing ERC Projects, reen building with green leaves on windows
Appendices: Guidance for Countries in Assessing ERC Projects
Abbreviations, CO2 icon block
Abbreviations: Guidance for Countries in Assessing ERC Projects
Emission Reduction Program, Utopian City of Green
Unlocking Global Emission Reduction Credit

Research and Publications

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This section is intended to be a living document and will be reviewed at regular intervals. The Guidelines have not been prepared with any specific transaction in mind and are meant to serve only as general guidance. It is therefore critical that the Guidelines be reviewed and adapted for specific transactions. Unless expressly stated otherwise, the findings, interpretations, and conclusions expressed in the Materials in this Site are those of the various authors of the Materials and are not necessarily those of The World Bank Group, its member institutions, or their respective Boards of Executive Directors or member countries. For feedback on the content of this section of the website or suggestions for links or materials that could be included, please contact the Public-Private Partnership Resource Center at ppp@worldbank.org.