Meetings &
Events
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.
Role of the World Bank Group
The World Bank Group acts as Secretariat, Trustee, and Delivery Partner.
Secretariat
The World Bank Group provides secretariat services to the PMR including leading the Technical Work and Policy Programs; organizing and delivering meetings and events; collaborating on e-learning and webinar tools, and delivering technical assistance to participant countries as they implement their PMR activities. This latter work is done in partnership with the World Bank’s operational units so that the assistance provided is customized to each country. Leveraging the Bank’s convening power, the Secretariat collaborates with a number a technical experts and organizations to deliver its work program.
Trustee
The World Bank GroupThe PMR is a World Bank Group multi-donor trust fund. As of March 2017, 13 donors have contributed a total of $127 million. The Bank acts as trustee, administering funds and managing an annual budget and expense report. A budget is presented to the Partnership Assembly for approval each year.
Delivery Partner
The World Bank GroupThe World Bank Group acts as delivery partner to all of the Implementing Country Participants. As delivery partner, the Bank is responsible for a) collaborating with and assisting these countries in carrying out their PMR work programs, b) supervising grant implementation and c) providing technical assistance as needed.
For additional information about the role of the World Bank Group in the PMR, please email the Secretariat at pmrsecretariat@worldbank.org.
For additional information about the Climate Change Department, please email the helpdesk at helpdesk@carbonfinance.org.