The Prototype Carbon Fund in Latin America : Lessons Learned

Reducing emissions of carbon dioxide and other greenhouse gases that affect climate change is one of the key challenges facing the international community. The Bank's Prototype Carbon Fund (PCF) provides a framework for action, learning, and r...

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Main Author: Fernandez-Asin, Francisco
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned
http://hdl.handle.net/10986/10400
id okr-10986-10400
recordtype oai_dc
spelling okr-10986-104002021-04-23T14:02:50Z The Prototype Carbon Fund in Latin America : Lessons Learned Fernandez-Asin, Francisco CARBON DIOXIDE GREENHOUSE GAS EMISSION REDUCTION WIND POWER SOLID WASTE GAS FLARING CHARCOAL RICE HUSKS CLIMATE CHANGE BAGASSE BIOMASS METHANE ABATEMENT AFFORESTATION BAGASSE COGENERATION BIODIVERSITY CONSERVATION BIOMASS CARBON CARBON CREDITS CARBON DIOXIDE CARBON FINANCE CATALYSTS CERTIFIED EMISSION REDUCTIONS CLEAN DEVELOPMENT CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLEAN WATER CLEANER ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE NEGOTIATIONS COAL CONVENTION ON CLIMATE CHANGE COSTS OF COMPLIANCE DIESEL DISTRICT HEATING ELECTRICITY EMISSIONS EMISSIONS BASELINES EMISSIONS REDUCTIONS END-USE ENERGY EFFICIENCY ENERGY RESOURCES FORESTRY FOSSIL FUELS FUEL FUEL SWITCH GAS ENERGY GAS FLARING GLOBAL CARBON CYCLE GLOBAL ENVIRONMENTAL CONCERNS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSION REDUCTION GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HYDRO POWER INCOME IRON IRON PRODUCTION KYOTO PROTOCOL LAND DEGRADATION LAND USE LAND USE CHANGE METHANE METHANE EMISSION METHANE EMISSION REDUCTIONS METHANE EMISSIONS MITIGATING CLIMATE CHANGE NATIONAL GRID QUALITY EMISSION REDUCTIONS QUALITY GREENHOUSE GAS EMISSION REDUCTIONS REDUCING CLIMATE CHANGE REDUCING EMISSIONS REFORESTATION RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RENEWABLE TECHNOLOGIES RICE HUSK RURAL ELECTRIFICATION SOLID WASTE SOLID WASTE MANAGEMENT SUSTAINABLE DEVELOPMENT WASTE WASTE MANAGEMENT WATERSHED WIND WIND ENERGY WIND FARM WIND FARMS WIND POWER WIND PROJECT WORLD EMISSIONS Reducing emissions of carbon dioxide and other greenhouse gases that affect climate change is one of the key challenges facing the international community. The Bank's Prototype Carbon Fund (PCF) provides a framework for action, learning, and research to demonstrate how greenhouse gas emission reduction transactions can contribute to sustainable development, while lowering the costs of compliance with the Kyoto Protocol-the 1997 agreement to cut industrialized world emissions of greenhouse gases. The Latin American and the Caribbean (LAC) Region has a growing number of successful Prototype Carbon Fund (PCF) projects that have yielded useful experience for developing additional projects. This note highlights the lessons learned in the region, to date. The PCF is a public-private fund established in 2000 and administered by the World Bank acting as Trustee. It operates under the clean development mechanism principles of the Kyoto Protocol to the UN Framework Convention on Climate Change (UNFCCC). The PCF aims to demonstrate the potential of market-based mechanisms for reducing the cost of mitigating climate change. It does this by buying Certified Emission Reductions (CERs) from projects that reduce greenhouse gas emissions in Bank client countries, particularly projects that replace fossil fuels with renewable energy sources and those that improve end-use and supply-side efficiency. In return for their shares in the PCF, developed country governments and private sector companies receive CERs, which they can use towards their obligations under the Kyoto Protocol or domestic regulations. 2012-08-13T11:21:29Z 2012-08-13T11:21:29Z 2002-11 http://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned http://hdl.handle.net/10986/10400 English en breve; No. 13 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARBON DIOXIDE
GREENHOUSE GAS
EMISSION REDUCTION
WIND POWER
SOLID WASTE
GAS FLARING
CHARCOAL
RICE HUSKS
CLIMATE CHANGE
BAGASSE
BIOMASS
METHANE ABATEMENT
AFFORESTATION
BAGASSE COGENERATION
BIODIVERSITY CONSERVATION
BIOMASS
CARBON
CARBON CREDITS
CARBON DIOXIDE
CARBON FINANCE
CATALYSTS
CERTIFIED EMISSION REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLEAN WATER
CLEANER ENERGY
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE NEGOTIATIONS
COAL
CONVENTION ON CLIMATE CHANGE
COSTS OF COMPLIANCE
DIESEL
DISTRICT HEATING
ELECTRICITY
EMISSIONS
EMISSIONS BASELINES
EMISSIONS REDUCTIONS
END-USE
ENERGY EFFICIENCY
ENERGY RESOURCES
FORESTRY
FOSSIL FUELS
FUEL
FUEL SWITCH
GAS ENERGY
GAS FLARING
GLOBAL CARBON CYCLE
GLOBAL ENVIRONMENTAL CONCERNS
GLOBAL WARMING
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSION
GREENHOUSE GAS EMISSION REDUCTION
GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HYDRO POWER
INCOME
IRON
IRON PRODUCTION
KYOTO PROTOCOL
LAND DEGRADATION
LAND USE
LAND USE CHANGE
METHANE
METHANE EMISSION
METHANE EMISSION REDUCTIONS
METHANE EMISSIONS
MITIGATING CLIMATE CHANGE
NATIONAL GRID
QUALITY EMISSION REDUCTIONS
QUALITY GREENHOUSE GAS EMISSION REDUCTIONS
REDUCING CLIMATE CHANGE
REDUCING EMISSIONS
REFORESTATION
RENEWABLE ENERGY
RENEWABLE ENERGY SOURCES
RENEWABLE TECHNOLOGIES
RICE HUSK
RURAL ELECTRIFICATION
SOLID WASTE
SOLID WASTE MANAGEMENT
SUSTAINABLE DEVELOPMENT
WASTE
WASTE MANAGEMENT
WATERSHED
WIND
WIND ENERGY
WIND FARM
WIND FARMS
WIND POWER
WIND PROJECT
WORLD EMISSIONS
spellingShingle CARBON DIOXIDE
GREENHOUSE GAS
EMISSION REDUCTION
WIND POWER
SOLID WASTE
GAS FLARING
CHARCOAL
RICE HUSKS
CLIMATE CHANGE
BAGASSE
BIOMASS
METHANE ABATEMENT
AFFORESTATION
BAGASSE COGENERATION
BIODIVERSITY CONSERVATION
BIOMASS
CARBON
CARBON CREDITS
CARBON DIOXIDE
CARBON FINANCE
CATALYSTS
CERTIFIED EMISSION REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLEAN WATER
CLEANER ENERGY
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE NEGOTIATIONS
COAL
CONVENTION ON CLIMATE CHANGE
COSTS OF COMPLIANCE
DIESEL
DISTRICT HEATING
ELECTRICITY
EMISSIONS
EMISSIONS BASELINES
EMISSIONS REDUCTIONS
END-USE
ENERGY EFFICIENCY
ENERGY RESOURCES
FORESTRY
FOSSIL FUELS
FUEL
FUEL SWITCH
GAS ENERGY
GAS FLARING
GLOBAL CARBON CYCLE
GLOBAL ENVIRONMENTAL CONCERNS
GLOBAL WARMING
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSION
GREENHOUSE GAS EMISSION REDUCTION
GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HYDRO POWER
INCOME
IRON
IRON PRODUCTION
KYOTO PROTOCOL
LAND DEGRADATION
LAND USE
LAND USE CHANGE
METHANE
METHANE EMISSION
METHANE EMISSION REDUCTIONS
METHANE EMISSIONS
MITIGATING CLIMATE CHANGE
NATIONAL GRID
QUALITY EMISSION REDUCTIONS
QUALITY GREENHOUSE GAS EMISSION REDUCTIONS
REDUCING CLIMATE CHANGE
REDUCING EMISSIONS
REFORESTATION
RENEWABLE ENERGY
RENEWABLE ENERGY SOURCES
RENEWABLE TECHNOLOGIES
RICE HUSK
RURAL ELECTRIFICATION
SOLID WASTE
SOLID WASTE MANAGEMENT
SUSTAINABLE DEVELOPMENT
WASTE
WASTE MANAGEMENT
WATERSHED
WIND
WIND ENERGY
WIND FARM
WIND FARMS
WIND POWER
WIND PROJECT
WORLD EMISSIONS
Fernandez-Asin, Francisco
The Prototype Carbon Fund in Latin America : Lessons Learned
geographic_facet Latin America & Caribbean
relation en breve; No. 13
description Reducing emissions of carbon dioxide and other greenhouse gases that affect climate change is one of the key challenges facing the international community. The Bank's Prototype Carbon Fund (PCF) provides a framework for action, learning, and research to demonstrate how greenhouse gas emission reduction transactions can contribute to sustainable development, while lowering the costs of compliance with the Kyoto Protocol-the 1997 agreement to cut industrialized world emissions of greenhouse gases. The Latin American and the Caribbean (LAC) Region has a growing number of successful Prototype Carbon Fund (PCF) projects that have yielded useful experience for developing additional projects. This note highlights the lessons learned in the region, to date. The PCF is a public-private fund established in 2000 and administered by the World Bank acting as Trustee. It operates under the clean development mechanism principles of the Kyoto Protocol to the UN Framework Convention on Climate Change (UNFCCC). The PCF aims to demonstrate the potential of market-based mechanisms for reducing the cost of mitigating climate change. It does this by buying Certified Emission Reductions (CERs) from projects that reduce greenhouse gas emissions in Bank client countries, particularly projects that replace fossil fuels with renewable energy sources and those that improve end-use and supply-side efficiency. In return for their shares in the PCF, developed country governments and private sector companies receive CERs, which they can use towards their obligations under the Kyoto Protocol or domestic regulations.
format Publications & Research :: Brief
author Fernandez-Asin, Francisco
author_facet Fernandez-Asin, Francisco
author_sort Fernandez-Asin, Francisco
title The Prototype Carbon Fund in Latin America : Lessons Learned
title_short The Prototype Carbon Fund in Latin America : Lessons Learned
title_full The Prototype Carbon Fund in Latin America : Lessons Learned
title_fullStr The Prototype Carbon Fund in Latin America : Lessons Learned
title_full_unstemmed The Prototype Carbon Fund in Latin America : Lessons Learned
title_sort prototype carbon fund in latin america : lessons learned
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned
http://hdl.handle.net/10986/10400
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