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

dc.contributor.author Fernandez-Asin, Francisco
dc.date.accessioned 2012-08-13T11:21:29Z
dc.date.available 2012-08-13T11:21:29Z
dc.date.issued 2002-11
dc.description.abstract Reducing 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.identifier http://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned
dc.identifier.uri http://hdl.handle.net/10986/10400
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries en breve; No. 13
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject CARBON DIOXIDE
dc.subject GREENHOUSE GAS
dc.subject EMISSION REDUCTION
dc.subject WIND POWER
dc.subject SOLID WASTE
dc.subject GAS FLARING
dc.subject CHARCOAL
dc.subject RICE HUSKS
dc.subject CLIMATE CHANGE
dc.subject BAGASSE
dc.subject BIOMASS
dc.subject METHANE ABATEMENT
dc.subject AFFORESTATION
dc.subject BAGASSE COGENERATION
dc.subject BIODIVERSITY CONSERVATION
dc.subject BIOMASS
dc.subject CARBON
dc.subject CARBON CREDITS
dc.subject CARBON DIOXIDE
dc.subject CARBON FINANCE
dc.subject CATALYSTS
dc.subject CERTIFIED EMISSION REDUCTIONS
dc.subject CLEAN DEVELOPMENT
dc.subject CLEAN DEVELOPMENT MECHANISM
dc.subject CLEAN ENERGY
dc.subject CLEAN WATER
dc.subject CLEANER ENERGY
dc.subject CLIMATE
dc.subject CLIMATE CHANGE
dc.subject CLIMATE CHANGE MITIGATION
dc.subject CLIMATE CHANGE NEGOTIATIONS
dc.subject COAL
dc.subject CONVENTION ON CLIMATE CHANGE
dc.subject COSTS OF COMPLIANCE
dc.subject DIESEL
dc.subject DISTRICT HEATING
dc.subject ELECTRICITY
dc.subject EMISSIONS
dc.subject EMISSIONS BASELINES
dc.subject EMISSIONS REDUCTIONS
dc.subject END-USE
dc.subject ENERGY EFFICIENCY
dc.subject ENERGY RESOURCES
dc.subject FORESTRY
dc.subject FOSSIL FUELS
dc.subject FUEL
dc.subject FUEL SWITCH
dc.subject GAS ENERGY
dc.subject GAS FLARING
dc.subject GLOBAL CARBON CYCLE
dc.subject GLOBAL ENVIRONMENTAL CONCERNS
dc.subject GLOBAL WARMING
dc.subject GREENHOUSE
dc.subject GREENHOUSE GAS
dc.subject GREENHOUSE GAS EMISSION
dc.subject GREENHOUSE GAS EMISSION REDUCTION
dc.subject GREENHOUSE GAS EMISSION REDUCTION TRANSACTIONS
dc.subject GREENHOUSE GAS EMISSIONS
dc.subject GREENHOUSE GASES
dc.subject HYDRO POWER
dc.subject INCOME
dc.subject IRON
dc.subject IRON PRODUCTION
dc.subject KYOTO PROTOCOL
dc.subject LAND DEGRADATION
dc.subject LAND USE
dc.subject LAND USE CHANGE
dc.subject METHANE
dc.subject METHANE EMISSION
dc.subject METHANE EMISSION REDUCTIONS
dc.subject METHANE EMISSIONS
dc.subject MITIGATING CLIMATE CHANGE
dc.subject NATIONAL GRID
dc.subject QUALITY EMISSION REDUCTIONS
dc.subject QUALITY GREENHOUSE GAS EMISSION REDUCTIONS
dc.subject REDUCING CLIMATE CHANGE
dc.subject REDUCING EMISSIONS
dc.subject REFORESTATION
dc.subject RENEWABLE ENERGY
dc.subject RENEWABLE ENERGY SOURCES
dc.subject RENEWABLE TECHNOLOGIES
dc.subject RICE HUSK
dc.subject RURAL ELECTRIFICATION
dc.subject SOLID WASTE
dc.subject SOLID WASTE MANAGEMENT
dc.subject SUSTAINABLE DEVELOPMENT
dc.subject WASTE
dc.subject WASTE MANAGEMENT
dc.subject WATERSHED
dc.subject WIND
dc.subject WIND ENERGY
dc.subject WIND FARM
dc.subject WIND FARMS
dc.subject WIND POWER
dc.subject WIND PROJECT
dc.subject WORLD EMISSIONS
dc.title The Prototype Carbon Fund in Latin America : Lessons Learned en
dc.title.alternative El fondo prototipo del carbono en America Latina : lecciones aprendidas en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Climate Change
okr.doctype Publications & Research :: Brief
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2002/11/2513635/prototype-carbon-fund-latin-america-lessons-learned
okr.globalpractice Environment and Natural Resources
okr.globalpractice Energy and Extractives
okr.identifier.externaldocumentum 000090341_20030917140130
okr.identifier.internaldocumentum 2513635
okr.identifier.report 26724
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/09/17/000090341_20030917140130/Rendered/PDF/267240English0En0Breve0no10130PCF.pdf en
okr.region.administrative Latin America & Caribbean
okr.topic Energy :: Energy and Environment
okr.topic Environment :: Montreal Protocol
okr.topic Environment :: Carbon Policy and Trading
okr.topic Environment :: Climate Change and Environment
okr.topic Environmental Economics and Policies
okr.unit LCR Regional Vice President (LCRVP)
okr.volume 1 of 1
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