The Partnership for Market Implementation (PMI) assists countries in the acceleration of global decarbonization by designing, piloting, and implementing carbon pricing instruments aligned with their development priorities. It has two overarching objectives: a) assist client countries design and deploy carbon pricing policies appropriate to their domestic context; b) and catalyze the development of the next generation of international carbon markets. Launched in 2021 and envisaged as a 10-year program with a capitalization target of US$250 million, the PMI is already rolling out support for more than 32 countries

Vision

One-stop shop and best-in-class capacity building and innovation on carbon pricing and Paris-aligned carbon markets, and deliver cutting-edge analytics and data in this area.

Mission

To support countries in emerging market and developing economies (EMDEs) in their carbon pricing and carbon markets goals, bringing in south to south and north to south knowledge and learning.

Strategy

To deliver efficiently and expediently, working hand-in-hand with our in-country WB delivery teams, and with our knowledge and technical partners to leverage synergies, so the whole can be bigger than the sum of the parts.

The PMI comprises the anchor program, the Compact with Africa – Green Business Fund (CwA-GBF) associate trust fund, as well as the various other programs and initiatives - Carbon Pricing Leadership Coalition (CPLC), Climate Warehouse and Networked Carbon Markets (NCM), and Innovate4Climate (I4C).