1. Carbon Pricing Promotion Activities of the World Bank
December 14, 2017
Asia-Pacific Carbon Forum
Dr. Venkata Ramana Putti
Program Manager

2. Carbon Pricing around the world
47 current initiatives ($52b) covering 15% GHG emissions
81 NDCs covering 55% GHG emissions mention CP as an option

3. Building Blocks for WB’s Carbon Pricing Work
Make the Case (CPLC, CAPE)
Evidence Base (PMR, CPLC, NCM, RBCF)
Pilots, Tools, Models (TCAF, PAF)
TA/CB (PMR, NDCp, NCM)
ADVOCACY
KNOWLEDGE
- HL Commission
- PP partnership
- Target Finance Ministries
- ETS/Tax Handbooks
- Transparency
Linking
- Crediting methodologies
ADVISORY
INNOVATION
- Readiness
- Policy analysis
- Design services
- Auctions
- Bonds
- Guarantees
- Large-scale crediting

4. Partnership for Market Readiness
The PMR provides support to countries to design and implement a range of climate change mitigation policies and cost-effective measures – including carbon pricing instruments – in order to scale up GHG mitigation.
Supported activities
Participation
Grant funding to improve technical and institutional “readiness”, including on GHG registries; MRV systems, data collection and management tools, and regulation
Piloting and testing of innovative market instruments (e.g., ETS, carbon tax and new crediting mechanisms)
Provide a platform for technical discussions and knowledge creation, country-to-country exchanges, and collective innovation on new market instruments
Support countries’ efforts to determine post mitigation scenarios and identify packages of effective and cost-efficient policies to achieve mitigation.
Share lessons learned and best practices with the International community
Participants include:
20 developing countries/emerging economies & 13 countries that donate financially

5. PMR support in Asia Pacific
Country
Activities
China
Support key building blocks for ETS; policy analysis (link of sectoral policies with national ETS
India
Technical infrastructure to integrate existing (PAT, REC) and new mechanisms; new MBMs in waste sector and MSME
Indonesia
MRV for power and paper industry; feasibility of CP instruments
Jordan
Build MRV and national registry; urban crediting mechanism
Kazakhstan
Support to ETS; online data platform; long-term vision on LC path
Philippines, The
Feasibility for CP in energy, waste and transport sectors
Sri Lanka
Build MRV and registry; roadmap for CP instrument
Thailand
Market components of Energy Performance Certificate Scheme; GHG abatement plans for Low Carbon City Program; Legal framework for ETS; Modeling for ETS and Carbon tax
Vietnam
Assessment of policy, institutional, technical gaps; Readiness to pilot MBI in energy and waste sectors

6. Future Focus of WB Support
Mobilize large scale financing
Support countries to move from readiness to implementation
Help conceptualize and pilot next generation of markets (esp. Art. 6.2)
Continue to build coalition of partners