Strategic Guidance for Country System Assessments (Download PDF version)
Image by Freepik
Through the establishment of an Emission Reduction Program (ERP), the World Bank aims to help developing countries to engage strategically with evolving global Emission Reduction Credits (ERCs) markets, establish efforts to generate ERCs to sell into these global markets, and mobilize finance for such transactions.
The ERP includes two main workstreams. Workstream One is focused on ERC market development, by providing governments with access to knowledge and technical assistance. Workstream Two is targeted at supporting ERC generation in participating countries.
These Country System Guidelines aim to provide governments with a strategic and holistic assessment of their current legal and institutional frameworks, to help them understand how the global market perceives their country systems and where any gaps or short-comings might be found, under Workstream One of the ERP.
