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 Notes55 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.

PMR Actors

A Partnership to Foster Innovation

A global partnership, the PMR brings together the key actors—countries, organizations, and experts — to spark innovative aproaches to GHG mitigation using markets and carbon pricing.

The 19 Implementing Country Participants are middle income countries that receive funding and technical support from the PMR. Thirteen Contributing Participants contribute funding and share relevant experience. Together, these two groups make up the Partnership Assembly (PA), the PMR’s decision-making body.

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The partnership also includes a third participant category  the Technical Partner. Technical Partners represent countries or sub-national jurisdictions that are at an advanced stage of carbon mitigation policy development. While they do not participate in decision-making, they provide valuable lessons and ground truthing and are an important contribution to the PMR’s knowledge exchange.

The PMR also benefits from the knowledge, experience and participation of Observers. PMR Observers are countries, multilateral development banks, UN organizations and other non-governmental organizations that join the dialogue on market readiness and market-based approaches at PMR meetings and events. A growing group of Technical Experts provides feedback on country proposals and facilitates learning during workshops and trainings.

The World Bank acts as Delivery Partner, overseeing the implementaiton of PMR funding to Implementing Country Participants, and as Secretariat, managing day-to-day operations.