Publication:
The Prototype Carbon Fund in Latin America : Lessons Learned

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dc.contributor.authorFernandez-Asin, Francisco
dc.date.accessioned2012-08-13T11:21:29Z
dc.date.available2012-08-13T11:21:29Z
dc.date.issued2002-11
dc.description.abstractReducing emissions of carbon dioxide and other greenhouse gases that affect climate change is one of the key challenges facing the international community. The Bank's Prototype Carbon Fund (PCF) provides a framework for action, learning, and research to demonstrate how greenhouse gas emission reduction transactions can contribute to sustainable development, while lowering the costs of compliance with the Kyoto Protocol-the 1997 agreement to cut industrialized world emissions of greenhouse gases. The Latin American and the Caribbean (LAC) Region has a growing number of successful Prototype Carbon Fund (PCF) projects that have yielded useful experience for developing additional projects. This note highlights the lessons learned in the region, to date. The PCF is a public-private fund established in 2000 and administered by the World Bank acting as Trustee. It operates under the clean development mechanism principles of the Kyoto Protocol to the UN Framework Convention on Climate Change (UNFCCC). The PCF aims to demonstrate the potential of market-based mechanisms for reducing the cost of mitigating climate change. It does this by buying Certified Emission Reductions (CERs) from projects that reduce greenhouse gas emissions in Bank client countries, particularly projects that replace fossil fuels with renewable energy sources and those that improve end-use and supply-side efficiency. In return for their shares in the PCF, developed country governments and private sector companies receive CERs, which they can use towards their obligations under the Kyoto Protocol or domestic regulations.en
dc.identifierhttp://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned
dc.identifier.doi10.1596/10400
dc.identifier.urihttps://hdl.handle.net/10986/10400
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesen breve; No. 13
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCARBON DIOXIDE
dc.subjectGREENHOUSE GAS
dc.subjectEMISSION REDUCTION
dc.subjectWIND POWER
dc.subjectSOLID WASTE
dc.subjectGAS FLARING
dc.subjectCHARCOAL
dc.subjectRICE HUSKS
dc.subjectCLIMATE CHANGE
dc.subjectBAGASSE
dc.subjectBIOMASS
dc.subjectMETHANE ABATEMENT
dc.subjectAFFORESTATION
dc.subjectBAGASSE COGENERATION
dc.subjectBIODIVERSITY CONSERVATION
dc.subjectBIOMASS
dc.subjectCARBON
dc.subjectCARBON CREDITS
dc.subjectCARBON DIOXIDE
dc.subjectCARBON FINANCE
dc.subjectCATALYSTS
dc.subjectCERTIFIED EMISSION REDUCTIONS
dc.subjectCLEAN DEVELOPMENT
dc.subjectCLEAN DEVELOPMENT MECHANISM
dc.subjectCLEAN ENERGY
dc.subjectCLEAN WATER
dc.subjectCLEANER ENERGY
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE MITIGATION
dc.subjectCLIMATE CHANGE NEGOTIATIONS
dc.subjectCOAL
dc.subjectCONVENTION ON CLIMATE CHANGE
dc.subjectCOSTS OF COMPLIANCE
dc.subjectDIESEL
dc.subjectDISTRICT HEATING
dc.subjectELECTRICITY
dc.subjectEMISSIONS
dc.subjectEMISSIONS BASELINES
dc.subjectEMISSIONS REDUCTIONS
dc.subjectEND-USE
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY RESOURCES
dc.subjectFORESTRY
dc.subjectFOSSIL FUELS
dc.subjectFUEL
dc.subjectFUEL SWITCH
dc.subjectGAS ENERGY
dc.subjectGAS FLARING
dc.subjectGLOBAL CARBON CYCLE
dc.subjectGLOBAL ENVIRONMENTAL CONCERNS
dc.subjectGLOBAL WARMING
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSION
dc.subjectGREENHOUSE GAS EMISSION REDUCTION
dc.subjectGREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGREENHOUSE GASES
dc.subjectHYDRO POWER
dc.subjectINCOME
dc.subjectIRON
dc.subjectIRON PRODUCTION
dc.subjectKYOTO PROTOCOL
dc.subjectLAND DEGRADATION
dc.subjectLAND USE
dc.subjectLAND USE CHANGE
dc.subjectMETHANE
dc.subjectMETHANE EMISSION
dc.subjectMETHANE EMISSION REDUCTIONS
dc.subjectMETHANE EMISSIONS
dc.subjectMITIGATING CLIMATE CHANGE
dc.subjectNATIONAL GRID
dc.subjectQUALITY EMISSION REDUCTIONS
dc.subjectQUALITY GREENHOUSE GAS EMISSION REDUCTIONS
dc.subjectREDUCING CLIMATE CHANGE
dc.subjectREDUCING EMISSIONS
dc.subjectREFORESTATION
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY SOURCES
dc.subjectRENEWABLE TECHNOLOGIES
dc.subjectRICE HUSK
dc.subjectRURAL ELECTRIFICATION
dc.subjectSOLID WASTE
dc.subjectSOLID WASTE MANAGEMENT
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectWASTE
dc.subjectWASTE MANAGEMENT
dc.subjectWATERSHED
dc.subjectWIND
dc.subjectWIND ENERGY
dc.subjectWIND FARM
dc.subjectWIND FARMS
dc.subjectWIND POWER
dc.subjectWIND PROJECT
dc.subjectWORLD EMISSIONS
dc.titleThe Prototype Carbon Fund in Latin America : Lessons Learneden
dc.title.alternativeEl fondo prototipo del carbono en America Latina : lecciones aprendidasen
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.date.doiregistration2025-04-29T09:54:16.065216Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeEnergy and Extractives
okr.guid971011468276340731
okr.guid482301468752977459
okr.identifier.externaldocumentum000090341_20030917140130
okr.identifier.internaldocumentum2513635
okr.identifier.report26724
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/09/17/000090341_20030917140130/Rendered/PDF/267240English0En0Breve0no10130PCF.pdfen
okr.region.administrativeLatin America & Caribbean
okr.topicEnergy::Energy and Environment
okr.topicEnvironment::Montreal Protocol
okr.topicEnvironment::Carbon Policy and Trading
okr.topicEnvironment::Climate Change and Environment
okr.topicEnvironmental Economics and Policies
okr.unitLCR Regional Vice President (LCRVP)
okr.volume1 of 1
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