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Carbon Finance at the World Bank : Questions and Answers

By The World Bank

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Book Id: WPLBN0000074115
Format Type: PDF eBook
File Size: 2.8 MB
Reproduction Date: 2005
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Title: Carbon Finance at the World Bank : Questions and Answers  
Author: The World Bank
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Bank, T. W. (n.d.). Carbon Finance at the World Bank : Questions and Answers. Retrieved from


With the entry into force of the Kyoto Protocol on February 16, 2005, more than one hundred and forty countries agree to work together to fight global climate change. The thirty six industrialized countries that ratified the Protocol - namely Canada, Japan, members of the European Union, as well economies in transition from Central and Eastern Europe ? agree to put in place policies and measures to collectively reduce 5 percent of their emissions between 2008 to 2012 as measured against 1990 levels. To meet this binding commitment, industrialized countries have the option to reduce part of their emissions domestically, and they can also emission reductions from developing countries (through the Clean Development Mechanism), or from countries with economies in transition (through Joint Implementation or International Emissions Trading)...


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