Analytical Report on Urban Crediting Methodology
With an increasing share of populations dwelling in cities, urban emission reduction is gaining priority at the national level. A high share of greenhouse gas (GHG) emissions in the global footprint is ultimately attributable to urban areas; as suc...
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| Format: | Technical Paper |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/407921590724988396/Analytical-Report-on-Urban-Crediting-Methodology http://hdl.handle.net/10986/33823 |
| Summary: | With an increasing share of populations
dwelling in cities, urban emission reduction is gaining
priority at the national level. A high share of greenhouse
gas (GHG) emissions in the global footprint is ultimately
attributable to urban areas; as such, the effect of carbon
lockin further increases the need for immediate action at
the urban level. City and regional policy makers are well
placed to affect urban emission pathways through city-wide
actions. The credits generated from an urban carbon
crediting approach may be used for a range of purposes. The
two key options are: (1) for use toward the unconditional or
conditional targets established through nationally
determined contributions (NDC); or (2) use as seed financing
to drive engagement with the international investment
community or private sector investors. |
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