Partnership for Market Implementation

This project aims to reduce greenhouse gas emissions by assisting participant countries to design pilot and implement carbon pricing instruments appropriate to their national context and development priorities. The overarching goal and key elements inherent to this World Bank multi-donor project include: (1) helping countries to build the capacity infrastructure and policy /regulatory frameworks for using carbon pricing instruments; and (2) providing a platform for technical discussions and information exchange on carbon pricing and other mitigation policy instruments.

The expected outcomes for this project include: (1) reduced greenhouse gas emissions by strengthening participating countries’ capacity to design implement and operate carbon pricing instruments; and (2) generate knowledge to inform the design implementation and operation of carbon pricing instruments promoting new and innovative mechanisms to carbon pricing; and influencing policy discussions on the role of carbon pricing as a central instrument in the fight against climate change.