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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 PPPLRC at ppp@worldbank.org.

 

 

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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 Projectsor the Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.


 

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Abbreviations: Mobilizing ERC Finance

Find a list of helpful terms used in the Mobilizing ERC Finance Report, or download the Full Report to find more.

AMC

Advance Market Commitment

A6.4ER

Article 6.4 Emissions Reduction

CCP

Core Carbon Principles

CDM

Clean Development Mechanism

CORSIA

Carbon Offsetting and Reduction Scheme for International Aviation

DFC

United States Development Finance Corporation

DFI

Development finance institution (inclusive of multilateral development banks,     national development banks, and other similar institutions)

EAP

East Asia Pacific

EMDEs

Emerging Markets and Developing Economies

ERC

Emissions Reduction Credit

ERLB

World Bank Emissions Reduction-linked Bond

ERP

World Bank Emissions Reduction Program

ERPA

Emissions Reduction Purchase Agreement

ETS

Emissions Trading System

FDI

Foreign Direct Investment

FFA

Forward Flow Agreement

FPIC

Free, Prior, and Informed Consent

FSF

Foresight Sustainable Forestry

GEF

Global Environment Facility

GHG

Greenhouse Gas

Gt

Gigaton

ICVCM

Integrity Council for the Voluntary Carbon Market

IETA

International Emissions Trading Association

IPLC

Indigenous Peoples and Local Communities

IPO

Initial Public Offering

IRR

Internal Rate of Return

ITMO

Internationally Transferred Mitigation Outcome

LCF3

Livelihoods Carbon Fund 3

LEAF

Lowering Emissions by Accelerating Forest Finance Coalition

LSE

London Stock Exchange

MDB

Multilateral Development Bank

MIGA

Multilateral Investment Guarantee Agency

MRV

Monitoring, Reporting, and Verification

NAV

Net Asset Value

NDC

Nationally Determined Contribution

NGO

Nongovernmental Organization

OMGE

Overall Mitigation of Global Emissions

OTC

Over The Counter (price)

PIU

Pending Issuance Unit

REDD+

Reducing emissions from deforestation and degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries

ART-TREES

The Architecture for REDD+ Transactions (ART) for The REDD+ Environmental     Excellence Standard (TREES)

SBTi

Science-based Targets Initiative

SDGs

Sustainable Development Goals

tCO2e

Tonne(s) of Carbon dioxide equivalent

TIST

The International Small Group & Tree Planting Program

UNFCCC

United Nations Framework Convention on Climate Change

USAID

United States Agency for International Development

VCM

Voluntary Carbon Market

VCS

Verified Carbon Standard

VCU

Verified Carbon Unit

WCU

Woodland Carbon Unit

Related Sections

Unlocking Global Emission Reduction Credit
Through the establishment of an Emission Reduction Program (ERP), the World Bank aims to help developing countries to… more
Guidance for Countries in Assessing ERC Projects
Practical and implementable guidelines for governments to select ERC projects: The Guidelines are designed to provide… more
Contents: Mobilizing ERC Finance
Find a full outline to sections found in the Mobilizing ERC Finance Report.  UNLOCKING GLOBAL EMISSION REDUCTION… more
Note/s:

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 PPPLRC at ppp@worldbank.org.