Implementing Country Participants
Argentina explores the choice of policy instruments that support meeting mitigation objectives of its NDC, such as assessing renewable energy and energy efficiency certificates trading and scoping out RBF approaches in key sectors.
PMR funding supports the design and implementation of key building blocks for China’s national ETS, with particular focus on inclusion of the electricity sector and state-owned enterprises.
The PMR supports India to build a centralized GHG data management system that can support various market- based instruments (MBIs) that could be integrated with the national GHG inventory.
In Mexico, PMR funding supports the establishment of a national GHG emissions registry and the development of an MRV system for crediting of urban housing and transport NAMAs.
The PMR supports Brazil to explore various carbon pricing instruments by carrying out analytical studies on alternative policy design options, assessing their impacts, and building modelling capacity.
The PMR supports Colombia to develop crediting NAMAs in the transport sector as well as a domestic offset scheme. Colombia is also working on the introduction of vehicle performance standards.
PMR funding in Indonesia is used to explore possible suitable carbon pricing or market-based instruments to achieve mitigation as well as to design an MRV framework in the power and pulp and paper sectors.
The PMR supports the preparation and implementation of a carbon tax in Chile. PMR activities also include building capacity in the public and private sectors for the design and implementation of an MRV framework and GHG registry.
The PMR supports the development of a domestic carbon market by stimulating demand through promotion of voluntary actions and assessment of regulatory instruments, and fostering supply.
The PMR supports Jordan to develop an MRV framework as well as provide technical assistance to enhance the capacity and readiness of public and private sector actors for climate financing and carbon market.