Contents: Country System Assessments
Find a full outline to sections and resources found in the Strategic Guidance for Country System Assessments.
UNLOCKING GLOBAL EMISSION REDUCTION CREDIT (Main Landing Page)
Find a full outline to sections and resources found in the Strategic Guidance for Country System Assessments.
UNLOCKING GLOBAL EMISSION REDUCTION CREDIT (Main Landing Page)
Find a list of helpful terms used in the Strategic Guidance for Country System Assessments Guidelines.
ACR |
American Carbon Registry [USA] |
ACCU |
The carbon market landscape continues to evolve rapidly, and it is crucial that countries embrace the ability to adapt and reflect the latest market developments. Scope for Further Refinements 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.
Each component in the Country System Assessment Framework is discussed in-depth in this section to enable users to develop the Assessment for the target country. Each Component deep-dive will include:
The ERP includes two main workstreams.
A significant amount of effort has gone into quantifying the supply and demand for ERCs globally. There has been less focus on understanding the scale of investment into ERC-generating activities or analyzing the financing structures that are best suited to accelerate capital flow to ERC activities. This report aims to assist governments, project developers, and financiers in understanding key transaction-enabling conditions and financial structures to mobilize finance for ERC generation.
The Guidelines are designed to provide practical and implementable guidelines for governments to select ERC projects that are most likely to attract high demand and best-value pricing, and identify key elements related to the project’s governance and sales strategy that will enable the project to achieve its value potential.
This section is focused on ERC market development, by providing governments with access to knowledge and technical assistance. It incorporates analysis and recommendations around legal and institutional frameworks, governance models, policies, and infrastructural and resource capacity for accessing global ERC markets, as well as ways to synergistically align domestic markets with a global ecosystem.
Through the establishment of an Emission Reduction Program (ERP), the World Bank aims to help developing countries to engage strategically with evolving global Emissions Reduction Credits (ERC) markets, support efforts to generate ERCs to sell into these global markets, and mobilize finance for such transactions.
Disruptive technologies present extraordinary opportunities for progress, with cleaner, more efficient, and more resilient infrastructure services. These opportunities should be seized and celebrated. However, changes from the status quo create pain points that must be carefully managed, in particular when long-term PPP contracts are structured based on a financial model on which financing relies. Unraveling such commitments has proven contentious and difficult.
The increasing number of global disruption raises many questions;