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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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Emission Reduction Program **
Guidance in Assessing ERC Projects ***
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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. Read more below, or visit Strategic Guidance for Country System Assessments, Guidance 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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Further Guidance for Application

The carbon market landscape is in a state of rapid and continuous evolution, and it is crucial that countries embrace the ability to adapt and reflect the latest market developments. At the same time, alongside global market shifts, the interactions and implications at a local level also differ from country to country. While the Guidelines was developed based on insights from various sources that reflect the market standards and expectations for high-quality ERCs, it is important to note that these perspectives are dynamic.

Further Guidance for Application highlights the scope for further work needed to keep this document aligned with evolving global standards and ensure that it remains relevant to a dynamic and fast-changing carbon market landscape, as well as the aspects of the guidelines where contextual adjustments at a national level are needed. It also provides nuances to the Guidelines that may need to consider the country’s context and the objectives of the exercise and use case, which could affect how the Guidelines and the process are applied. By staying abreast of the latest progressions in the market, and tailoring the use of this document to its audience and purpose, we can ensure that the document provides the most accurate, comprehensive, and relevant information to users.

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Market-Driven Factors Follow the latest progressions and evolving global standards in the market for high-quality ERCs
Country Context-Driven Factors It is crucial to remain up to date with guiding regulations and market best practices in the assessment process.
Considerations for Future Scope In future, a more in-depth review can be built into this Guideline to expand the scope of the assessment to include… 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.