Format:
1 online resource (56 pages)
ISBN:
9780821385258
Series Statement:
World Bank Working Papers
Content:
This paper proposes an innovative financing mechanism, known as the Low Carbon Development Facility (LCDF) that would bring additional investment financing at concessional rates to unlock low carbon development projects in non-Annex 1 countries, increasing project-based emissions avoidance in these countries.The LCDF could be a modality of the Copenhagen Green Climate Fund to implement the financial pledges made by Annex 1 countries as a result of Copenhagen and post-COP15 negotiations to support projects, programs, policies and/or other activities in developing countries related to NAMAs. LCDF will not substitute the Global Environment Facility (GEF) and the Clean Technology Fund (CTF) and would rather support the innovative projects pioneered by these instruments.
Content:
Intro -- Title Page -- Copyright -- Contents -- Acknowledgments -- About the Authors -- Acronyms and Abbreviations -- Executive Summary -- 1. Introduction -- 2. Meeting the Mitigation Challenge: The Decisive Participation of Developing Countries -- 3. Call for New Financing Mechanisms -- 4. The Proposed Low-Carbon Development Facility -- LCDF Concept: Objective, Design, and Scale -- Assessing the LCDF Impact -- Financial Viability -- Economic Efficiency -- 5. Building on the Kyoto Instruments: Attracting and Monitoring a Large Portfolio of Low-Carbon Development Projects -- 6. Coordination with Carbon Markets: Complementarities of the LCDF and CDM -- 7. Conclusion -- References -- Appendixes -- Appendix A. Mitigation Potential in Non-Annex I Countries -- Appendix B. Historical and Projected Evolution of the CDM Pipeline: Rapid Widening of Scope and Quick Growth of the Project Portfolio and Mitigation Potential -- Appendix C. LCDF Financial Model Initial Capital Estimate and Financial Viability -- Back Cover.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
ISBN 9780821385210
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780821385210
Language:
English
Keywords:
Electronic books
URL:
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