The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs

The prototype carbon fund (PCF) is a public-private partnership whose mission is to pioneer a market for project-based greenhouse gas emission reductions within the framework of the Kyoto protocol to the United Nations Framework Convention on Clima...

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Bibliographic Details
Main Authors: Kelly, Lauren, Jordan, Jeffery
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
AIR
GHG
GWP
PP
Online Access:http://documents.worldbank.org/curated/en/2004/12/20106177/prototype-carbon-fund-addressing-challenges-globalization-independent-evaluation-world-bank s-approach-global-programs-case-study
http://hdl.handle.net/10986/20213
id okr-10986-20213
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ADMINISTRATIVE PROCEDURES
AIR
ALLOCATION
ALLOWANCE
ALTERNATIVE ENERGY
ANTHROPOGENIC INTERFERENCE
ATMOSPHERIC CONCENTRATIONS
ATMOSPHERIC GREENHOUSE GAS
ATMOSPHERIC GREENHOUSE GAS CONCENTRATIONS
BAGASSE COGENERATION
BANKS
BASELINE DETERMINATION
BASELINE METHODOLOGIES
BIOMASS
CALCULATION
CAPITA EMISSIONS
CARBON
CARBON ASSET
CARBON ASSETS
CARBON BUYER
CARBON DIOXIDE
CARBON DIOXIDE EQUIVALENT
CARBON EMISSION
CARBON EMISSION REDUCTIONS
CARBON EMISSIONS
CARBON FINANCE
CARBON FINANCE ACTIVITIES
CARBON FINANCE BUSINESS
CARBON FINANCE STRATEGY
CARBON FINANCING
CARBON FUND
CARBON FUNDS
CARBON INVESTMENT
CARBON INVESTMENT FUND
CARBON INVESTORS
CARBON MARKET
CARBON MARKET DEVELOPMENT
CARBON OFFSET
CARBON OFFSETS
CARBON POLICIES
CARBON PURCHASES
CARBON REDUCTION
CARBON SEQUESTRATION
CARBON SINKS
CARBON TRADING
CARBON TRANSACTIONS
CERTIFIED EMISSION REDUCTIONS
CERTIFIED EMISSIONS REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT FACILITY
CLEAN DEVELOPMENT MECHANISM
CLEAN TECHNOLOGIES
CLEANER TECHNOLOGIES
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE NETWORK
CLIMATE POLICY
CLIMATE SYSTEM
CLIMATE-CHANGE
CLIMATE-CHANGE MITIGATION
COAL
COLORS
COMPARATIVE ADVANTAGE
CONCENTRATES
DEVELOPED COUNTRIES
ECONOMIC EFFECTS
ECONOMIC GROWTH
ECONOMIC IMPACT
ECONOMIES IN TRANSITION
ECOSYSTEM
EFFECTIVE USE
EMISSION
EMISSION ALLOWANCES
EMISSION LEVELS
EMISSION REDUCTION
EMISSION REDUCTION COMMITMENTS
EMISSION REDUCTION PURCHASE AGREEMENT
EMISSION REDUCTION PURCHASE AGREEMENTS
EMISSION REDUCTION UNIT
EMISSION REDUCTION UNITS
EMISSION REDUCTIONS TRANSACTIONS
EMISSION RIGHTS
EMISSION TARGETS
EMISSION TRADING
EMISSION TRADING SYSTEM
EMISSION-REDUCTION
EMISSIONS
EMISSIONS REDUCTION
EMISSIONS TRADING REGIMES
ENERGY EFFICIENCY
ENVIRONMENTAL
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL ISSUES
EVALUATION CRITERIA
EXPENDITURES
FINANCIAL RESOURCE
FINANCIAL RESOURCES
FINANCIAL SECTOR
FISHERIES
FORESTRY
FORESTRY PROJECTS
FORESTS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
GHG
GLOBAL CARBON MARKET
GLOBAL CLIMATE CHANGE
GLOBAL ENVIRONMENT FACILITY
GLOBAL ENVIRONMENTAL FACILITY
GLOBAL ENVIRONMENTAL PROBLEMS
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSION
GREENHOUSE GAS EMISSION REDUCTION
GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS
GREENHOUSE GAS EMISSION REDUCTIONS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS EMISSIONS REDUCTIONS
GREENHOUSE GAS MITIGATION
GREENHOUSE GASES
GWP
HISTORICAL EMISSIONS
HOT AIR
IMPACTS OF CLIMATE CHANGE
INCOME
INCREMENTAL COSTS
INTERNATIONAL TRADING
IPCC
LAND USE
MARGINAL ABATEMENT
MARGINAL ABATEMENT COSTS
MARGINAL COSTS
MONTREAL PROTOCOL
NOW ACCOUNTS
PENALTIES
PORTFOLIO
PP
PRICE SETTING
PRICE SIGNAL
PROFITABILITY
PUBLIC GOOD
PUBLIC GOODS
QUALITY EMISSION REDUCTIONS
RAINFALL
REDUCING EMISSIONS
RENEWABLE ENERGY
RESOURCE MOBILIZATION
RESOURCE USE
RISK MANAGEMENT
SEQUESTERED CARBON
SINK
SUBSIDIARY
SUPPLY SIDE
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
TRADABLE CREDITS
TRANSACTION COSTS
TRANSITION ECONOMIES
TRANSPORT
TREE SPECIES
TRUST FUNDS
UNCERTAINTIES
WASTE MANAGEMENT
WILLINGNESS TO PAY
WIND
spellingShingle ACCOUNTABILITY
ADMINISTRATIVE PROCEDURES
AIR
ALLOCATION
ALLOWANCE
ALTERNATIVE ENERGY
ANTHROPOGENIC INTERFERENCE
ATMOSPHERIC CONCENTRATIONS
ATMOSPHERIC GREENHOUSE GAS
ATMOSPHERIC GREENHOUSE GAS CONCENTRATIONS
BAGASSE COGENERATION
BANKS
BASELINE DETERMINATION
BASELINE METHODOLOGIES
BIOMASS
CALCULATION
CAPITA EMISSIONS
CARBON
CARBON ASSET
CARBON ASSETS
CARBON BUYER
CARBON DIOXIDE
CARBON DIOXIDE EQUIVALENT
CARBON EMISSION
CARBON EMISSION REDUCTIONS
CARBON EMISSIONS
CARBON FINANCE
CARBON FINANCE ACTIVITIES
CARBON FINANCE BUSINESS
CARBON FINANCE STRATEGY
CARBON FINANCING
CARBON FUND
CARBON FUNDS
CARBON INVESTMENT
CARBON INVESTMENT FUND
CARBON INVESTORS
CARBON MARKET
CARBON MARKET DEVELOPMENT
CARBON OFFSET
CARBON OFFSETS
CARBON POLICIES
CARBON PURCHASES
CARBON REDUCTION
CARBON SEQUESTRATION
CARBON SINKS
CARBON TRADING
CARBON TRANSACTIONS
CERTIFIED EMISSION REDUCTIONS
CERTIFIED EMISSIONS REDUCTIONS
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT FACILITY
CLEAN DEVELOPMENT MECHANISM
CLEAN TECHNOLOGIES
CLEANER TECHNOLOGIES
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE NETWORK
CLIMATE POLICY
CLIMATE SYSTEM
CLIMATE-CHANGE
CLIMATE-CHANGE MITIGATION
COAL
COLORS
COMPARATIVE ADVANTAGE
CONCENTRATES
DEVELOPED COUNTRIES
ECONOMIC EFFECTS
ECONOMIC GROWTH
ECONOMIC IMPACT
ECONOMIES IN TRANSITION
ECOSYSTEM
EFFECTIVE USE
EMISSION
EMISSION ALLOWANCES
EMISSION LEVELS
EMISSION REDUCTION
EMISSION REDUCTION COMMITMENTS
EMISSION REDUCTION PURCHASE AGREEMENT
EMISSION REDUCTION PURCHASE AGREEMENTS
EMISSION REDUCTION UNIT
EMISSION REDUCTION UNITS
EMISSION REDUCTIONS TRANSACTIONS
EMISSION RIGHTS
EMISSION TARGETS
EMISSION TRADING
EMISSION TRADING SYSTEM
EMISSION-REDUCTION
EMISSIONS
EMISSIONS REDUCTION
EMISSIONS TRADING REGIMES
ENERGY EFFICIENCY
ENVIRONMENTAL
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL ISSUES
EVALUATION CRITERIA
EXPENDITURES
FINANCIAL RESOURCE
FINANCIAL RESOURCES
FINANCIAL SECTOR
FISHERIES
FORESTRY
FORESTRY PROJECTS
FORESTS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
GHG
GLOBAL CARBON MARKET
GLOBAL CLIMATE CHANGE
GLOBAL ENVIRONMENT FACILITY
GLOBAL ENVIRONMENTAL FACILITY
GLOBAL ENVIRONMENTAL PROBLEMS
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSION
GREENHOUSE GAS EMISSION REDUCTION
GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS
GREENHOUSE GAS EMISSION REDUCTIONS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS EMISSIONS REDUCTIONS
GREENHOUSE GAS MITIGATION
GREENHOUSE GASES
GWP
HISTORICAL EMISSIONS
HOT AIR
IMPACTS OF CLIMATE CHANGE
INCOME
INCREMENTAL COSTS
INTERNATIONAL TRADING
IPCC
LAND USE
MARGINAL ABATEMENT
MARGINAL ABATEMENT COSTS
MARGINAL COSTS
MONTREAL PROTOCOL
NOW ACCOUNTS
PENALTIES
PORTFOLIO
PP
PRICE SETTING
PRICE SIGNAL
PROFITABILITY
PUBLIC GOOD
PUBLIC GOODS
QUALITY EMISSION REDUCTIONS
RAINFALL
REDUCING EMISSIONS
RENEWABLE ENERGY
RESOURCE MOBILIZATION
RESOURCE USE
RISK MANAGEMENT
SEQUESTERED CARBON
SINK
SUBSIDIARY
SUPPLY SIDE
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
TRADABLE CREDITS
TRANSACTION COSTS
TRANSITION ECONOMIES
TRANSPORT
TREE SPECIES
TRUST FUNDS
UNCERTAINTIES
WASTE MANAGEMENT
WILLINGNESS TO PAY
WIND
Kelly, Lauren
Jordan, Jeffery
The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
relation Operations Evaluation Department (OED) working paper series;
description The prototype carbon fund (PCF) is a public-private partnership whose mission is to pioneer a market for project-based greenhouse gas emission reductions within the framework of the Kyoto protocol to the United Nations Framework Convention on Climate Change (UNFCCC). PCF seeks to show how project-based greenhouse gas emission reduction transactions can lower the cost of compliance with Kyoto, promote sustainable development, and mobilize new resources for Bank clients. Recognizing the global environmental benefits of emissions reductions regardless of location, Kyoto allows industrialized countries and firms to offset certain obligations through the purchase of lower-cost emission reductions (ERs) in developing and in-transition countries. This review identifies Bank comparative advantage-related issues, as well as the issues raised by competition between the Bank and International Finance Corporation (IFC) in carbon finance.
format Publications & Research :: Working Paper
author Kelly, Lauren
Jordan, Jeffery
author_facet Kelly, Lauren
Jordan, Jeffery
author_sort Kelly, Lauren
title The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
title_short The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
title_full The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
title_fullStr The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
title_full_unstemmed The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs
title_sort prototype carbon fund : addressing challenges of globalization - an independent evaluation of the world bank's approach to global programs
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2004/12/20106177/prototype-carbon-fund-addressing-challenges-globalization-independent-evaluation-world-bank s-approach-global-programs-case-study
http://hdl.handle.net/10986/20213
_version_ 1764444689341087744
spelling okr-10986-202132021-04-23T14:03:53Z The Prototype Carbon Fund : Addressing Challenges of Globalization - An Independent Evaluation of the World Bank's Approach to Global Programs Kelly, Lauren Jordan, Jeffery ACCOUNTABILITY ADMINISTRATIVE PROCEDURES AIR ALLOCATION ALLOWANCE ALTERNATIVE ENERGY ANTHROPOGENIC INTERFERENCE ATMOSPHERIC CONCENTRATIONS ATMOSPHERIC GREENHOUSE GAS ATMOSPHERIC GREENHOUSE GAS CONCENTRATIONS BAGASSE COGENERATION BANKS BASELINE DETERMINATION BASELINE METHODOLOGIES BIOMASS CALCULATION CAPITA EMISSIONS CARBON CARBON ASSET CARBON ASSETS CARBON BUYER CARBON DIOXIDE CARBON DIOXIDE EQUIVALENT CARBON EMISSION CARBON EMISSION REDUCTIONS CARBON EMISSIONS CARBON FINANCE CARBON FINANCE ACTIVITIES CARBON FINANCE BUSINESS CARBON FINANCE STRATEGY CARBON FINANCING CARBON FUND CARBON FUNDS CARBON INVESTMENT CARBON INVESTMENT FUND CARBON INVESTORS CARBON MARKET CARBON MARKET DEVELOPMENT CARBON OFFSET CARBON OFFSETS CARBON POLICIES CARBON PURCHASES CARBON REDUCTION CARBON SEQUESTRATION CARBON SINKS CARBON TRADING CARBON TRANSACTIONS CERTIFIED EMISSION REDUCTIONS CERTIFIED EMISSIONS REDUCTIONS CLEAN DEVELOPMENT CLEAN DEVELOPMENT FACILITY CLEAN DEVELOPMENT MECHANISM CLEAN TECHNOLOGIES CLEANER TECHNOLOGIES CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE NETWORK CLIMATE POLICY CLIMATE SYSTEM CLIMATE-CHANGE CLIMATE-CHANGE MITIGATION COAL COLORS COMPARATIVE ADVANTAGE CONCENTRATES DEVELOPED COUNTRIES ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIES IN TRANSITION ECOSYSTEM EFFECTIVE USE EMISSION EMISSION ALLOWANCES EMISSION LEVELS EMISSION REDUCTION EMISSION REDUCTION COMMITMENTS EMISSION REDUCTION PURCHASE AGREEMENT EMISSION REDUCTION PURCHASE AGREEMENTS EMISSION REDUCTION UNIT EMISSION REDUCTION UNITS EMISSION REDUCTIONS TRANSACTIONS EMISSION RIGHTS EMISSION TARGETS EMISSION TRADING EMISSION TRADING SYSTEM EMISSION-REDUCTION EMISSIONS EMISSIONS REDUCTION EMISSIONS TRADING REGIMES ENERGY EFFICIENCY ENVIRONMENTAL ENVIRONMENTAL BENEFITS ENVIRONMENTAL ISSUES EVALUATION CRITERIA EXPENDITURES FINANCIAL RESOURCE FINANCIAL RESOURCES FINANCIAL SECTOR FISHERIES FORESTRY FORESTRY PROJECTS FORESTS FRAMEWORK CONVENTION ON CLIMATE CHANGE GHG GLOBAL CARBON MARKET GLOBAL CLIMATE CHANGE GLOBAL ENVIRONMENT FACILITY GLOBAL ENVIRONMENTAL FACILITY GLOBAL ENVIRONMENTAL PROBLEMS GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSION GREENHOUSE GAS EMISSION REDUCTION GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS GREENHOUSE GAS EMISSION REDUCTIONS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS EMISSIONS REDUCTIONS GREENHOUSE GAS MITIGATION GREENHOUSE GASES GWP HISTORICAL EMISSIONS HOT AIR IMPACTS OF CLIMATE CHANGE INCOME INCREMENTAL COSTS INTERNATIONAL TRADING IPCC LAND USE MARGINAL ABATEMENT MARGINAL ABATEMENT COSTS MARGINAL COSTS MONTREAL PROTOCOL NOW ACCOUNTS PENALTIES PORTFOLIO PP PRICE SETTING PRICE SIGNAL PROFITABILITY PUBLIC GOOD PUBLIC GOODS QUALITY EMISSION REDUCTIONS RAINFALL REDUCING EMISSIONS RENEWABLE ENERGY RESOURCE MOBILIZATION RESOURCE USE RISK MANAGEMENT SEQUESTERED CARBON SINK SUBSIDIARY SUPPLY SIDE SUSTAINABLE DEVELOPMENT TECHNICAL ASSISTANCE TRADABLE CREDITS TRANSACTION COSTS TRANSITION ECONOMIES TRANSPORT TREE SPECIES TRUST FUNDS UNCERTAINTIES WASTE MANAGEMENT WILLINGNESS TO PAY WIND The prototype carbon fund (PCF) is a public-private partnership whose mission is to pioneer a market for project-based greenhouse gas emission reductions within the framework of the Kyoto protocol to the United Nations Framework Convention on Climate Change (UNFCCC). PCF seeks to show how project-based greenhouse gas emission reduction transactions can lower the cost of compliance with Kyoto, promote sustainable development, and mobilize new resources for Bank clients. Recognizing the global environmental benefits of emissions reductions regardless of location, Kyoto allows industrialized countries and firms to offset certain obligations through the purchase of lower-cost emission reductions (ERs) in developing and in-transition countries. This review identifies Bank comparative advantage-related issues, as well as the issues raised by competition between the Bank and International Finance Corporation (IFC) in carbon finance. 2014-09-17T18:53:17Z 2014-09-17T18:53:17Z 2004-12-08 http://documents.worldbank.org/curated/en/2004/12/20106177/prototype-carbon-fund-addressing-challenges-globalization-independent-evaluation-world-bank s-approach-global-programs-case-study http://hdl.handle.net/10986/20213 English en_US Operations Evaluation Department (OED) working paper series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research