Year in Review

The PMR reports on activities and results over the last year, including welcoming two new participants: Quebec and California, publishing a number of knowledge products, expanding policy guidence, and brining total Implemention Phase grant allocation to US$46 million. 

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Tackling Carbon Leakage

How do economies subject to carbon pricing stay competitive? This note brings together theory and evidence to address concerns of policy makers as they design carbon pricing policies. 

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Latest ETS news from China

The October 2015 China Carbon Market Monitor provides timely information on China's seven pilot carbon markets and analysis of climate policy and market developments at the national level. The Monitor is published quarterly.

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Platform for Exchanges

The Partnership Assembly (PA) is the decision-making body of the PMR. PA meetings are a key platform for knowledge sharing, facilitating discussions on collective and cost-effective readiness activities. The next PA meeting is in Barcelona on October 28-29, 2015. 

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INDC Preparation Process

The PMR supports countries that are developing their Intended Nationally Determined Contributions (INDCs). This involves developing post-2020 mitigation scenarios and analyzing effective and cost-efficient policy instruments to achieve their climate change mitigation targets. 

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Emissions Trading System (ETS) is an explicit carbon pricing instrument that limits the allowed amount of GHG emissions and lets market forces determine the carbon price Read More >>

© 2015 International Bank for Reconstruction and Development / The World Bank. This map was taken from the State and Trends of Carbon Pricing report 2014, developed by the World Bank and Ecofys, and published in May 2014. It was modified in March 2015 for the PMR website.

Carbon Tax is levied against a specified amount of carbon dioxide (CO2) emissions. Entities subject to the tax pay according to the amount of emissions produced.  Read More >>

Networking.Jenny Downing/Flickr CC

Scaled-up Mitigation Programs are international policy instruments that generate sector-wide (or sub-sector) credits. These credits can be sold in an international carbon market Read More >>