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Using carbon and climate finance to promote low carbon development annual report 2010 (English)

Carbon Finance Assist (CF-Assist) is a corporate program of the World Bank designed to help developing countries and economies in transition participate more effectively in the rapidly growing carbon market. The World Bank Institute (WBI) manages this program, which trains and educates people who will be crucial catalysts in their countries in promoting the deployment of clean technologies. In the early days of the carbon market, lack of knowledge and experience in most developing countries and economies in transition was a key problem. It prevented these countries from playing an effective role in the emerging market and expanding their reach. As a response, CF-Assist has designed and implemented capacity building programs over the last four years, focusing on strengthening regulatory institutions, helping to put procedures in place and creating professional expertise through training. Much has been achieved in this regard as a result of CF-Assist and similar capacity building programs of other agencies (e.g., Capacity Development for CDM (CD4CDM) of UNEP). Several countries in Asia and Latin America have successfully established the conditions necessary for utilizing carbon finance. However, considerable effort is still needed in some countries and regions, especially in Sub-Saharan Africa and Central Asia, which have not benefited much during the first commitment period of the Kyoto Protocol, which expires in 2012.


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    Using carbon and climate finance to promote low carbon development annual report 2010

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    carbon finance;knowledge development;Energy Efficiency in Buildings;management structure;Reduced Emissions from Deforestation;poverty and climate change;carbon market;capacity building program;climate change mitigation;economies in transition;land use change;global carbon market;sustainable urban development;administrative development;capacity development activity;capacity building need;regional financial institution;climate change activities;capacity of city;Carbon Financing;local civil servant;sustainable development goals;lack of knowledge;Science and Technology;finance and markets;agriculture and forestry;exchange of knowledge;urban waste management;greenhouse gas emission;capacity building component;international climate regime;cost of participation;governance business;private sector entities;Access to Energy;application of knowledge;greenhouse gas mitigation;Work Program Agreement;climate finance;knowledge exchange;carbon development;opportunity cost;learning program;Clean Technology;market development;Programmatic Approach;carbon fund;financial instrument;climate action;grid emission;regional carbon;street light;mega city;regional hub;Financing programmes;successful country;finance program;strategic work;Program of Activities;carbon revenue;government representative;mitigation activity;external partner;national authority;mitigation actions;international community;carbon mitigation;regional coverage;raise awareness;



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Using carbon and climate finance to promote low carbon development annual report 2010 (English). World Bank Institute Washington, D.C. : World Bank Group.