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Prototype Carbon Fund (PCF) project portfolio development strategy (English)

The Prototype Carbon Fund (PCF) will develop a project portfolio with the intention of achieving a broad balance in the number of projects undertaken in economies in transition and in developing countries. While the PCF intends to place an emphasis on development of projects in the area of renewable energy technology, energy efficiency projects will also be supported. A small number of land use change and forestry projects where permitted under the Protocol will also be identified. The PCF intends to place funds in 15-20 projects, and identify, prepare, and approve these in the first three years of its operation. Experience shows that most of the projects in which the PCF will eventually invest must be identified within the first 12 months of Fund implementation in order to reach negotiations before the end of June 2003.




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Prototype Carbon Fund (PCF) project portfolio development strategy (English). PCF implementation note ; no. 1 Washington, D.C. : World Bank Group.