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Meetings &
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Upcoming Meetings & Events

  • 35 national and sub-national jurisdictions, and the European Commission
  • 19 Implementing Country Participants, 13 Contributing Participants, and 9 Technical Partners
  • Total capitalization of $127 million​
  • 16 countries have completed road maps for carbon pricing readiness
  • $71.5 million allocated to governments to implement readiness activities
  • 19 Technical Notes, 55 Technical Workshops and other knowledge exchanges

Resources

Objectives

  • Build countries’ capacity to develop and implement carbon pricing instruments needed for GHG mitigation and NDC implementation through grant funding;
  • Create a knowledge base on carbon pricing instruments and facilitate information exchange through technical discussions and dissemination of knowledge products;
  • Assist countries to identify and implement best practice approaches and, where relevant, achieve compatibility in design to support the development of carbon markets; and
  • Inform the national and international policy discussions on GHG mitigation by sharing lessons learned and providing a platform for collective innovation on carbon pricing instruments.

Supporting Action for Climate Change Mitigation

The PMR is a forum for collective innovation and action and a fund to support capacity building to scale up climate change mitigation

  • The PMR provides support to prepare and implement climate change mitigation policies—including carbon pricing instruments—in order to scale up GHG mitigation.
  • Serving as a platform to share lessons, countries work together to shape the future of cost-effective GHG mitigation.

Bringing Key Players to the Same Table

The PMR brings together more than 30 countries, various international organizations, and technical experts to facilitate country-to-country exchange and knowledge sharing and, as such, enables enhanced cooperation and innovation. To read more about this unique partnership and the actors involved, please visit Actors.

Fostering Momentum for Domestic Action

An increasing number of middle income countries are in the process of introducing carbon pricing and other innovative instruments to reduce GHG emissions cost effectively. While there is a growing box of policy options and instruments that countries can draw from to shift toward a low carbon pathway, tailoring these to each country’s unique circumstances and development priorities is a challenge. The PMR is one of the key platforms designed to specifically help countries prepare for such policy choices and future implementation, by focusing on improving technical and institutional “readiness.” To learn more about what it takes to be “ready” visit Country Program.

Pricing Carbon to Achieve Cost-Effective Mitigation

Pricing carbon through instruments such as emissions trading and carbon taxes is one of the cost-effective means to achieving emissions reduction. For this reason, a number of governments are incorporating carbon pricing policies into their mitigation strategies. The PMR is committed to helping countries design and implement carbon pricing instruments, including emissions trading systems, carbon taxes, and crediting and offset mechanisms. To learn more about how countries are using these instruments, visit Country Program.

Supporting Post-2020 Emissions Scenarios

The PMR supports countries’ efforts to establish post-2020 mitigation scenarios and identify packages of effective and cost-efficient policies—including carbon pricing instruments—to achieve climate change mitigation. Much of this support will facilitate countries’ work to prepare the mitigation component for their “intended nationally determined contributions” (iNDCs) under the UNFCCC process. More information about the PMR’s post-2020 work can be found on the Policy Work page.

Promoting Good Practice at the Technical Level

Through its Technical Work Program, the PMR promotes good practice and facilitates efforts to establish common standards and approaches for GHG mitigation. Drawing upon country experience, global industry experts, and in-house resources, the PMR Secretariat generates a host of knowledge products on various economic policy instruments. These resources also address technical elements related to specific instrument design; monitoring, reporting and verification (MRV) methods; baselines and benchmarks; stakeholder engagement, and others. Visit the Technical Work page to learn more.

Sharing Lessons on a Knowledge Exchange Platform

The PMR serves as a forum for countries to focus on sharing technical knowledge and experience in order to facilitate the design and implementation of innovative instruments to ramp-up GHG mitigation. To maximize these country-to-country exchanges, the PMR hosts partnership meetings, workshops, training events, as well as public events to help raise the profile of action within countries. Workshop and training topics are based on country need and focus on the technical components of various mitigation policies. For more information on how and when the PMR exchanges knowledge, please visit Meetings and Events.