From the Ground Up : A Decade of Lessons on Carbon Pricing
The World Bank’s partnership for market readiness (PMR), through grant support and technical assistance, supported 23 emerging economies and developing countries in building their institutional and human capacities to design, institute, and impleme...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/416741627365320014/The-Partnership-for-Market-Readiness-From-the-Ground-Up-A-Decade-of-Lessons-on-Carbon-Pricing http://hdl.handle.net/10986/36021 |
| Summary: | The World Bank’s partnership for market
readiness (PMR), through grant support and technical
assistance, supported 23 emerging economies and developing
countries in building their institutional and human
capacities to design, institute, and implement carbon
pricing instruments, such as emission trading systems,
carbon taxes, and or carbon crediting mechanisms along with
underlying infrastructure such as monitoring, reporting and
verification (MRV) and registry systems. As the PMR winds
down and its successor - the partnership for market
implementation (PMI) - becomes operational in 2021, the time
is opportune to take stock of and analyze key lessons
learned from the decade of PMR experience. This report draws
lessons from the PMR’s decade-long country, technical work,
and policy analysis work programs and relates the insights
captured through its extensive country participant
consultation process, its online surveys, and feedback from
its contributing country partners and World Bank task teams.
The lessons documented in this report are expected to
provide practical insights for other developing countries
planning to design and implement carbon pricing initiatives.
In addition, the lessons learned on the PMR process, as well
as the grant implementation process, are likely to help
similar initiatives, including the PMI, to adopt improved
program design and governance options that support efficient
funds allocation, deployment, and implementation. |
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