The Partnership for Market Implementation (PMI) assists countries to design, pilot, and implement pricing instruments aligned with their development priorities. A 10-year program with a capitalization target of US$250 million, the Partnership brings an ambitious and long-term vision for the viability of carbon markets to its support for programs and policies -- across jurisdictions and sectors -- that  introduce a strong price signal on carbon emissions and contribute to the Paris Agreement goal of limiting temperature rise to 1.5°C.

The Climate Market Club (or "Club") is a group of national governments and non-sovereign members that agree on common principles and jointly develop modalities for piloting activities under Article 6.2 of the Paris Agreement. The objective of the Club is to serve as a forum for discussion and consensus on how different elements of Article 6.2. of the Paris Agreement can be piloted.

The Climate Warehouse program prototypes, tests, and develops digital infrastructure to foster greater transparency, trust, and integrity in the carbon markets. Successfully prototyped and tested elements of the digital infrastructure will be operationalized to build the market infrastructure.

Scaling Climate Action by Lowering Emissions (SCALE), an umbrella multi-partner trust fund, is the “one-stop shop” for all World Bank-administered results-based climate finance programs. SCALE is not just a source of climate finance, but also an instrument for policy dialogue and broader engagement to incentivize low carbon development.

The Climate Support Facility (CSF) is a World Bank multi-donor trust fund managed by the Climate Change Group’s Advisory and Operations Unit (SCCAO). CSF was launched in December 2020 to serve as a guiding framework to:

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

UNLOCKING GLOBAL EMISSION REDUCTION CREDIT (Main Landing Page)

Mobilizing ERC Finance