Asia Pacific > World Bank’s PMR grants $3m to Sri Lanka for carbon pricing preparations

World Bank’s PMR grants $3m to Sri Lanka for carbon pricing preparations

Published 09:49 on February 7, 2018  /  Last updated at 23:20 on November 23, 2022  / Ben Garside /  Asia Pacific, Carbon Taxes, Nature-based, Other APAC, Paris Article 6, Voluntary

The World Bank-led Partnership for Market Readiness (PMR) has agreed to spend $3 million helping Sri Lanka develop infrastructure that in time would allow it to participate in the international carbon market under the Paris Agreement and possibly set up a domestic emissions pricing mechanism.
The World Bank-led Partnership for Market Readiness (PMR) has agreed to spend $3 million helping Sri Lanka develop infrastructure that in time would allow it to participate in the international carbon market under the Paris Agreement and possibly set up a domestic emissions pricing mechanism.


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