Announcement Archive

Supporting the global carbon finance dialogue

Monday, April 2nd, 2012

story from Tokyo Development Learning Center

Tokyo Development Learning Center (TDLC) has been providing logistical support for Carbon Finance Fund Participant Meetings organized by the World Bank’s Carbon Finance Unit (ENVCF) since June 2007.  A number of funds (the Prototype Carbon Fund, the Community Development Carbon Fund, and the BioCarbon Fund) hold regular meetings with their stakeholders linking to their Japanese stakeholders by videoconference at the TDLC.  In 2012, the BioCarbon Fund and the Community Development Carbon Fund will hold their annual meetings in June in Tokyo at our center, as they did in June 2007.

TDLC serves as a knowledge sharing platform on development, providing the facilities, connectivity, network outreach and expertise to allow our clients and partners to deliver a range of knowledge and learning activities in key strategic areas. In addition to our support for the activities of ENVCF, we offer seminars on environment related themes as well as our flagship Blended Learning Program on Climate Change.

Carbon Finance at the World Bank

The World Bank is the trustee of 12 carbon funds and facilities capitalized at $2.5 billion, designed to support developing countries in efforts to reduce greenhouse gas emission reductions and pursue pathways to low carbon growth.

The funds and facilities support some 174 active projects that are expected to reduce emissions of greenhouse gases by an estimated 220 million metric tons of carbon dioxide equivalent, equivalent to the emissions per year of The Netherlands. About 25 governments and government agencies, and 64 private companies from various sectors have made financial contributions to the World Bank carbon funds and facilities.

The World Bank is developing new carbon initiatives that will support the carbon markets post-2012 and will channel funds to projects in sectors which are vital to the world’s poorest. With support from public and private sector resources, projects and programs will be implemented in areas of energy access, energy efficiency, clean cooking, afforestation/reforestation, climate smart agriculture, landscape restoration, waste management, and others.

The priorities of the World Bank’s new carbon finance activities are to scale up carbon finance in low-income countries and poor rural areas, unlock new mitigation potential while saving forests, and to step up mitigation activities and develop new carbon market mechanisms and domestic emissions trading schemes in middle-income developing countries.

It does this through five post-2012 initiatives:

  • The Forest Carbon Partnership Facility (FCPF)
  • The Carbon Partnership Facility (CPF)
  • The Partnership for Market Readiness (PMR)
  • The Carbon Initiative for Development (Ci-Dev)
  • The BioCarbon Fund Tranche 3 (BioCF T3)

For more information on carbon finance and the specific carbon funds, please see: