Africa > INTERVIEW – COP27: World Bank launches results-based payment fund to help countries access international carbon markets

INTERVIEW – COP27: World Bank launches results-based payment fund to help countries access international carbon markets

Published 09:45 on November 8, 2022  /  Last updated at 09:18 on November 14, 2022  / /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

The World Bank has launched an a umbrella fund at COP27 that will help countries to access carbon markets by providing results-based grant payments via pooled cash from donor countries, the private sector, and foundations for projects that reduce emissions, including the monetising of credits from the acceleration of coal phaseouts, a senior member behind the project told Carbon Pulse.
The World Bank has launched an a umbrella fund at COP27 that will help countries to access carbon markets by providing results-based grant payments via pooled cash from donor countries, the private sector, and foundations for projects that reduce emissions, including the monetising of credits from the acceleration of coal phaseouts, a senior member behind the project told Carbon Pulse.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.