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| − | {{RE Toolkit Database | + | {{Project Resource Center |
| − | |RET title=Global - Carbon Partnership Facility | + | |REPRC title=Global - Carbon Partnership Facility |
| − | |RET organization=World Bank | + | |REPRC organization=World Bank |
| − | |RET language=English | + | |REPRC year=2011 |
| − | |RET file en=Global - Carbon Partnership Facility.pdf | + | |REPRC language=English |
| − | |RET file fr= | + | |REPRC file en=Global - Carbon Partnership Facility.pdf |
| − | |RET file ar= | + | |REPRC file fr= |
| − | |RET file sp= | + | |REPRC file ar= |
| − | |RET file cn= | + | |REPRC file sp= |
| − | |RET file ru= | + | |REPRC file cn= |
| − | |RET file pr= | + | |REPRC file ru= |
| − | |RET file other= | + | |REPRC file pr= |
| − | |RET type general=Case Study | + | |REPRC file other= |
| − | |RET type other= | + | |REPRC type general=Case Study |
| − | |RET technology=Other | + | |REPRC type case=Project Financing |
| − | |RET abstract=GLOBAL – CARBON PARTNERSHIP FACILITY | + | |REPRC type other= |
| − | <br>
| + | |REPRC technology general RE=General RE |
| − | There were uncertainties regarding the future of international climate regime for the post 2012 period. In addition, the short term, compliance driven buying interests in the carbon market do not support large, cleaner investments in energy and infrastructure that have long term emission reduction potential. The project-by-project approach under Kyoto Protocol incurred high transaction costs and did not generate the kind of transformation in emission-intensive sectors that large scale programs can produce.
| + | |REPRC abstract= The CPF utilizes scaled-up, programmatic approaches, such as the Programme of Activities, to enable carbon finance to support partner country initiatives in their effort to move towards low-carbon economies. '''Barriers:''' Limited demand for post 2012 carbon assets; '''Instrument:''' Purchase of carbon credits from emission reduction programs; '''Application:''' n/a; '''Amount:''' n/a. |
| − | Therefore, the World Bank created a Carbon Partnership Facility (CPF), which was designed to develop emission reductions and support their purchase over long periods after 2012. The CPF utilizes scaled-up, programmatic approaches, such as the Programme of Activities, to enable carbon finance to support partner country initiatives in their effort to move towards low-carbon economies.
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| − | <br>
| + | |
| − | '''Barriers:''' Limited demand for post 2012 carbon assets; '''Instrument:''' Purchase of carbon credits from emission reduction programs; '''Application:''' n/a; '''Amount:''' n/a | + | |
| | }} | | }} |
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| | + | [[Category:REPRC_Renewable_Energy]] |
| | [[Category:Financing_and_Funding]] | | [[Category:Financing_and_Funding]] |
