Learn more about the state and trends in international carbon markets "State and Trends of Carbon Pricing: International Carbon Markets
Learn more about the state and trends in international carbon markets "State and Trends of Carbon Pricing: International Carbon Markets
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Catalyzing the next generation of climate markets

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Given the increased urgency for action on climate change, as well as growing interest in carbon markets as a source of revenue against the sale of the positive externalities generated by low carbon investments, the World Bank has an important role to play in ensuring that client countries are able to benefit from markets without negatively impacting their ability to meet their Nationally Determined Contributions (NDCs).

Create an Enabling Environment for post-2020 Carbon Markets icon
Create an Enabling Environment for post-2020 Carbon Markets
Facilitate Supply of Mitigation Outcomes icon
Facilitate Supply of Mitigation Outcomes
Facilitate Use of Climate and Carbon Finance to Leverage Private Capital icon
Facilitate Use of Climate and Carbon Finance to Leverage Private Capital
Test and Prototype Market Infrastructure Using New, Innovative Technologies icon
Test and Prototype Market Infrastructure Using New, Innovative Technologies
Prototyping, testing and developing end-to-end digital infrastructure for carbon markets.

Climate Warehouse

Successful prototyped and tested elements of the digital infrastructure will be operationalized to build the market infrastructure. Examples includes a metadata layer (the Climate Action Data Trust), digital MRV systems, open-source national carbon registries, the ability to issue and track digital carbon assets (native and permissioned tokens), and a one-stop resource platform that enhances knowledge sharing and capability building - the Climate Warehouse Hub.

Build a common understanding of key technical elements of Article 6

Climate Market Club

The Club is a group of national governments that jointly develop modalities for piloting activities under Article 6.2 of the Paris Agreement.

MAAP

Mitigation Assessment Assessment Protocol

The MAAP (Mitigation Action Assessment Protocol) online interface takes a scale-based approach to provide a more nuanced assessment of the relative strengths and weaknesses of climate actions and policies.

Multilateral Development Banks

MDB Working Group

The MDB Working Group on Article 6 of the Paris Agreement (MDB WG) is a group of multilateral development banks (MDBs) that are working on the design and piloting of carbon market and non-market mechanisms under Article 6 of the Paris Agreement.