Project profile — Partnership for Market Implementation



Overview 

CA-3-P006571001
$5,000,000
IBRD Trust Funds - World Bank (44001)
2021-03-09 - 2031-03-31
Operational
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Africa, regional (30.00%)
• America, regional (40.00%)
• Asia, regional (30.00%)

Sector 

• Energy Generation, Distribution And Efficiency - General: Energy sector policy, planning and administration (23111) (100.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (principal objective)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project aims to reduce greenhouse gas emissions by assisting participant countries to design, pilot and implement carbon pricing instruments appropriate to their national context and development priorities. The overarching goal and key elements inherent to this World Bank multi-donor project include: (1) helping countries to build the capacity, infrastructure and policy /regulatory frameworks for using carbon pricing instruments; and (2) providing a platform for technical discussions and information exchange on carbon pricing and other mitigation policy instruments.

Expected results 

The expected outcomes for this project include: (1) reduced greenhouse gas emissions by strengthening participating countries’ capacity to design, implement and operate carbon pricing instruments; and (2) generate knowledge to inform the design, implementation and operation of carbon pricing instruments promoting new and innovative mechanisms to carbon pricing; and influencing policy discussions on the role of carbon pricing as a central instrument in the fight against climate change.

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
Date modified: