Argentina explores the choice of policy instruments that support meeting mitigation objectives of its NDC, such as assessing renewable energy and energy efficiency certificates trading and scoping out RBF approaches in key sectors.
Implementing Country Participants
The PMR supports Brazil to explore various carbon pricing instruments by carrying out analytical studies on alternative policy design options, assessing their impacts, and building modelling capacity.
The PMR supports the preparation and implementation of a carbon tax in Chile. PMR activities also include building capacity in the public and private sectors for the design and implementation of an MRV framework and GHG registry.
PMR funding supports the design and implementation of key building blocks for China’s national ETS, with particular focus on inclusion of the electricity sector and state-owned enterprises.
The PMR supports Colombia to develop crediting NAMAs in the transport sector as well as a domestic offset scheme. Colombia is also working on the introduction of vehicle performance standards.
The PMR supports the development of a domestic carbon market by stimulating demand through promotion of voluntary actions and assessment of regulatory instruments, and fostering supply.
The PMR supports India to build a centralized GHG data management system that can support various market- based instruments (MBIs) that could be integrated with the national GHG inventory.
PMR funding in Indonesia is used to explore possible suitable carbon pricing or market-based instruments to achieve mitigation as well as to design an MRV framework in the power and pulp and paper sectors.
The PMR supports Jordan to develop an MRV framework as well as provide technical assistance to enhance the capacity and readiness of public and private sector actors for climate financing and carbon market.
In Mexico, PMR funding supports the establishment of a national GHG emissions registry and the development of an MRV system for crediting of urban housing and transport NAMAs.
The PMR supports Morocco to pilot market-based approaches in selected sectors and to build carbon market infrastructure (GHG registry and MRV framework). Explores ways to integrate with international markets.
Peru develops the building blocks of a national mitigation action management system, including GHG data reporting and emissions registry, and designing GHG crediting instruments for pilot mitigation actions.
The PMR supports South Africa to prepare for a carbon pricing instrument as well as to refine the design of its carbon tax through analytical work. Additional support include design of a related carbon offset scheme and capacity building.
The PMR provides support to Sri Lanka to develop a national MRV system and registry. In addition, it builds institutional and regulatory capacity as well as enhances and strengthens the domestic voluntary carbon offsetting scheme.
The PMR supports the design of an Energy Performance Certificate scheme and prepares infrastructure such as a database and MRV system. PMR activities also include an ETS study and preparation of the Low Carbon City Program and Fund.
The PMR provides support to pilot MRV in several sectors. It also supports capacity building on carbon pricing instruments and lays out design options and a road map toward the implementation of an ETS.
PMR activities in Ukraine focus on design and implementation of MRV regulation and systems in the energy and industry sectors and supports development of a regulatory framework for a national ETS.
In Vietnam, PMR support is strengthening capacity for carbon pricing approaches to mitigation, including through the use of MBIs, in the steel and solid waste sectors.