International > With PAF funds spent, World Bank touts auction model beyond gases

With PAF funds spent, World Bank touts auction model beyond gases

Published 19:23 on January 13, 2017  /  Last updated at 13:06 on July 5, 2017  / /  International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

The World Bank is eyeing the use of auctions to fund green buildings and promote forest protection globally after viewing its Pilot Auction Facility (PAF) as a successful way of stretching public funds to fight climate change.
The World Bank is eyeing the use of auctions to fund green buildings and promote forest protection globally after viewing its Pilot Auction Facility (PAF) as a successful way of stretching public funds to fight climate change.


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