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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.

Keywords
Age of Disruption
Emission Reduction Program
Climate Smart
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Watch this space.   A new Section on Energy Transition to highlight and share actionable insights, Resources and Tools to assist in the process of shifting the global energy system away from the consumption of fossil fuels and toward low-carbon technologies in order to support international goals of limiting climate change. 

 

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Energy Transition (unpublished)

The energy transition is the process of shifting the global energy system away from the consumption of fossil fuels and toward low-carbon technologies in order to support international goals of limiting climate change.1 The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development, to help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals.2

Many countries have adapted energy policies and laws to encourage investment in renewable energy (RE) sources. The Renewable Energy Section  includes links to RE policies, laws, and regulations from countries around the world, key sample and standardized contracts used for the implementation of RE projects, as well as, reading materials and links to useful online resources.

In the Section on Energy Transition we highlight and share actionable insights, Resources and Tools to assist in the process of shifting the global energy system away from the consumption of fossil fuels and toward low-carbon technologies in order to support international goals of limiting climate change. 

Resources

The World Bank Emission Reduction Program (ERP)

The World Bank Emission Reduction Program (ERP) aims to help countries leverage the benefits of Emission Reduction Credits (ERC) markets, including increased revenue streams, reduced emissions, and improved environmental sustainability. In this Section you will find an introduction to Emission Reduction Credits and learn how they can be a key component of a country’s strategy to attract climate finance and capital for the development and protection of communities and ecosystems. Emission Reduction Credits Classification is relevant for how the units are transacted. ERCs can be classified by their crediting mechanism through which they are supplied and market segment characterizing where they are purchased and by the ERC activity. Demand for ERCs spans different market segments, each with a distinct set of policy considerations. Click here to learn more about International Compliance Markets, Domestic Market-based Carbon Pricing Instruments, Voluntary Carbon Market and Results-based Finance with the purpose of incentivizing climate change mitigation or meeting Nationally Determined Contributions. To access the Guidance for Countries in Assessing ERC Projects, Country System Assessments or the Mobilizing ERC Finance, visit the main landing page for this section: Unlocking Global Emission Reduction Credit.

Sustainable Energy Transition Roadmap for Jakarta

In 2020 a Sustainable Energy Transition Roadmap analysed Jakarta’s entire energy demand and supply system. The roadmap proposes several energy transition opportunities as show how a well-guided energy planning is imperative for the city’s endeavour in sustainable energy transition amid the COVID-19 pandemic. This roadmap highlighted several key policy directions for Indonesia for transitioning the energy in line with the 2030 Agenda for Sustainable Development and the Paris Agreement. It considers the targets that the city aims to achieve and develops several scenarios to inform policymakers the best pathway to navigate the transition. 

 

Tools

The India Ministry of Housing and Urban Affairs (MoHUA) signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to form a partnership to promote investment in the waste management sector in India. Through this partnership, IFC assisted MoHUA in preparing a model concession agreement (MCA) and a model request for proposal (RFP, together the Model Documents) for use by urban local bodies (ULBs) for the following:

The World Energy Council, have developed transition tools that help define and better manage successful energy transitions. These tools can be used to support interventions on a global, regional, national, sectoral, and/or cross-sectoral basis. See all Tool here.

  • The World Energy Council Toolkits

The Public Private Infrastructure Advisory Facility (PPIAF), The Global Infrastructure Facility (GIF), and International Finance Corporation Public-Private Partnership (IFC PPP) Transaction and Advisory Services have joined forces to build upon best practice on a topic at the cross-roads of climate change, infrastructure, and private sector participation. Find the Climate Toolkits for Infrastructure PPPs including the five Sector Specific tool kits here:

Blogs

In the Blogs Section you can explore World Bank blogs and gain insights on for example 

  • How battery storage PPPs are powering up the global energy transition.

  • A new resource at a pivotal moment: PPP Climate Toolkit for Infrastructure

  • Introducing the sector-specific climate toolkits for infrastructure PPPs

  • Creating investor “buzz” about PPPs through market sounding & project pipelines

 

Footnote 1 - https://openknowledge.worldbank.org/entities/publication/312f8cc5-272c-4ed3-95cb-7357f204deee

Footnote 2 - https://www.worldbank.org/en/publication/country-climate-development-reports

Sections
The World Bank's Emission Reduction Program…
Overview of World Bank’s ERP The ERP includes two main workstreams. Workstream One is focused on ERC market… more
Emission Reduction Credits An Emission Reduction Credit (ERC) represents a standard unit to measure an emission reduction equivalent to one metric… more
Classification of Emissions Reduction Credit Emissions Reduction Credit (ERC) classification is relevant for how the units are transacted. ERCs can be classified by… more
Policy Context of Emissions Reduction Credit Demand for Emissions Reduction Credits spans different market segments, each with a distinct set of policy… 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.