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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.

 

 

 

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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 visit Strategic Guidance for Country System AssessmentsGuidance for Countries in Assessing ERC Projects, or Mobilizing ERC Finance. Let us know what you think by taking a Quick Survey.


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Contents: Mobilizing ERC Finance

Find a full outline to sections found in the Mobilizing ERC Finance Section. 

UNLOCKING GLOBAL EMISSION REDUCTION CREDIT (Main Landing Page)

Mobilizing ERC Finance

Chapter 1 - Introduction to Emission Reduction Credits

Chapter 2 - Financing ERC Generation

Chapter 3 - Key Enablers of ERC Finance

Chapter 4 - Scaling Finance for ERC Generation

Abbreviations: ERC Finance Working Group Report

List of Figures

Figure 1. Types of carbon crediting mechanisms (supply) and market segments (demand)

Figure 2. Illustrative representation of ERC classifications by example activity types (non-exhaustive)

Figure 3. Annual ERC trade by value and volume

Figure 4. Annual ERC issuance by crediting mechanism type

Figure 5. Conceptual ERC financing curve, illustrating relationship between market maturity, total risk, and types and scale of capital available.

Figure 6. Types of ERC linkage.

Figure 7 Example of Emission Reduction-Linked Bond from Vietnam.

Figure 8. Financing structure of Foresight Sustainable Forestry.

Figure 9. Financial structure of Livelihoods Carbon Fund 3.

Figure 10. Key ERC-related risks for financiers.

Figure 11. Representation of carbon rights and example jurisdictions.

Figure 12. Representation of legal nature of ERCs and example jurisdictions.

Figure 13. Conceptual model of an ERC-backed debt structure.

Figure 14. Illustration of an indicative ERC-linked aggregation facility structure.

Figure 15. Illustration of potential variations of an ERC club.

List of Tables

Table 1. Key ERC-related terms

Table 2. Summary of spotlighted enablers of ERC financing the types of risk they address.

Table 3. Cumulative sovereign thematic bond (and sukuk) issuance in EAP region.

Unlocking Global Emission Reduction Credit
Through the establishment of an Emission Reduction Program (ERP), the World Bank aims to help developing countries to… more
Introduction to Emission Reduction Credits
The World Bank Emission Reduction Program (ERP) aims to help countries leverage the benefits of Emission Reduction… more
Mobilizing ERC Finance
A significant amount of effort has gone into quantifying the supply and demand for ERCs globally. There has been less… more
Financing ERC Generation
Demand for ERCs is expected to grow exponentially this decade in response to an increasing global focus on climate… more
Key Enablers of ERC Finance
Through a series of working group meetings and additional consultations with experts in the field of ERC finance, the… more
Scaling Finance for ERC Generation
These sections provides an overview of key findings to attract commercial investment for ERC activities and help scale… more
Abbreviations: Mobilizing ERC Finance
Find a list of helpful terms used in the Mobilizing ERC Finance Section. table, th, td { border:1px solid #ffffff;… 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 Public-Private Partnership Resource Center at ppp@worldbank.org.