2025 Global Knowledge Forum of the Partnership for Market Implementation (PMI) Facility

The Climate Change Group leadership and a representative from Spain, host of the forum, set the stage for an interactive exchange of experiences.

11:00 - 11:20

• Hania Dawood, Practice Manager, Climate Finance and Economics, World Bank
• Teresa Solozabal Gallego, Spanish Climate Change Office, Ministry for the Ecological Transition and the Demographic Challenge, Spain

This interactive session will provide an opportunity for country participants to connect, exchange information on progress and challenges in advancing carbon pricing and markets, and identify priority needs. Key insights will be reported back to the broader forum to inform action and coordination across the partnership.

11:20 - 12:15

Facilitated by Pascal Saura, World Bank

In response to the ambitions expressed by country participants, this segment positions PMI within the broader context of current developments in carbon pricing and markets, highlight recent program progress, and describe the types of support countries can expect from the partnership.  

12:15 - 12:35 

• PMI Program update by Pierre Guigon, Acting Program Manager, World Bank

Watch session

PMI countries share their experiences in designing and implementing domestic carbon pricing instruments. Their presentations on lessons learned focus on addressing the needs identified by countries in session A1.

13:30 - 15:00

• Farzaana binti Muhamad, Head of Section Tax Division, Ministry of Finance, Malaysia
• Sharlin Hemraj, Director: Environment and Fuel Taxes, Tax and Financial Sector Policy Division, South Africa
• Marco Murcia, PMI Coordinator, Ministry of Environment and Sustainable Development, Colombia
• Yang Liu, Director, Department of Science, Technology, and Finance, MEE, China

Moderated by Sebastien Paquot, Head of Task Force International Carbon Pricing and Markets Diplomacy, European Commission

In light of recent trends and developments in carbon pricing and carbon markets, as highlighted in the 2025 version of the State and Trends of Carbon Pricing report, PMI countries will present recent changes in their carbon pricing policy mix and share their first-hand experience.

15:00 - 16:00

Presentation:

• Key findings of State and Trends of Carbon Pricing Report 2025, Joe Pryor, World Bank

Panel Discussion:

• José Pedro Neves, Secretariat of Economic Policy, Finance Ministry, Brazil
• Malin Ahlberg, Deputy Head for International financing of the transformation, international market mechanisms, Federal Ministry for Economic Affairs and Climate Action, Germany
• Diana Karin Guzmán Torres, Director of Mitigation and Adaption Climate Policies, Secretary of Environment and Natural Resources, Mexico

• Parag Dandgey, Programme Manager and Carbon Pricing, Department for Energy Security and Net Zero, United Kingdom

  Moderated by Stefano de Clara, Head of Secretariat, ICAP

This session examines the role of carbon pricing policies under broader international climate policy frameworks such as carbon border adjustment mechanisms (CBAM) and discusses implications on reporting requirements for countries.

16:15 - 17:00

• Orhan Solak, Deputy Head of Climate Change Directorate, Türkiye
• Natalia Kushko, Advisor to the Minister of Environmental Protection and Natural Resources, Ukraine
• Jan-Willem van de Ven, Head of the International Climate Policy and Engagement, EBRD

Moderated by Andrei Marcu, Executive Director, ERCST

In group discussions, countries update each other based on three prompts:

1. What have we learned from sessions and peer-to-peer exchanges?
2. What are our next steps?
3. How can PMI and knowledge partners help fill capacity gaps in implementation?

17:00 – 17:45

Facilitated by Pascal Saura, World Bank

Knowledge partners and PMI management present the latest developments in carbon markets, market size, promises for the future, as well as uncertainties. The session highlights paths forward for countries.

09:10 - 10:20

• Perumal Arumugam, Manager, Markets and Non-Markets Support and Stakeholder Interaction Sub-Division, UNFCCC
• Lorna Ritchie, Public Affairs Director, ICVCM
• George Hodgetts, Policy and Partnerships, VCMI

• Katie Sullivan, Managing Director, IETA

  Moderated by Ousmane Fall Sarr, Coordinator, West African Alliance on Carbon Markets and Climate Finance

The path to accessing and leveraging carbon markets is paved with complex decisions, which are summarized in a recent document: "Navigating Decisions on Carbon Markets" and elaborated in a detailed guidance document that was launched at I4C 2025. This session introduced the corresponding decision tree, goes over the PMI online Knowledge Center, and features a panel of countries discussing how they are navigating their own decisions.

10:35 - 12:35

Presentation:

• Harikumar Gadde, PMI Secretariat, World Bank

Panel Discussion:

• Madeleine Diouf Sarr, Director of Climate Change, Ecological Transition and Green Finance, Ministry of Environment and Ecological Transition, Senegal
• Wissarut Muangpluem, Department of Climate Change and Environment, Ministry of Natural Resources and Environment, Thailand
• Andrew Ocama, Coordinator, Eastern Africa Alliance on Carbon Markets and Climate Finance
• Mohammad Navid Safiullah, Additional Secretary, Ministry of Environment, Forest and Climate Change, Bangladesh

Moderated by Kazuhisa Koakutsu, Director of A6IP

Countries that are open to innovation and risk-taking are setting the stage with their new approaches for generating and managing emission reductions. Building on the practical experiences of various World Bank carbon market initiatives and other market players, this session showcases examples of projects and programs using different crediting approaches and how they are supported by relevant policy and regulatory frameworks. Representatives of different approaches:

13:30 - 14:30

Presentation:

• Klaus Oppermann, World Bank

Panel Discussion:

• Yeshiwork Assefa, Head Desk, Carbon Market Development, Ministry of Planning and Development, Ethiopia
• Temur Malik Narzikulov, Director, Center of Green Economy Projects, Ministry of Economy and Finance of the Republic of Uzbekistan
• Eric Konan, Coordinator of PRE Project, Ministry of Environment and Sustainable Development and Ecological Transition, Cote d’Ivoire
• Yi Jun Mock, National Climate Change Secretariat, Singapore
  Moderated by Fenella Aouane, Director and Head of Carbon Pricing, GGGI

Countries that are generating high quality carbon credits need different strategies—during the design and implementation phases—to identify opportunities for monetizing carbon credits. In this session, carbon market sellers (countries) and buyers (countries, organizations, private sector players) discussed the requirements, gaps, opportunities and challenges and how countries are developing their strategies to access markets.

14:30 - 15:30

• Daniel Tutu Benefoh, Acting Director, Climate Change Unit, Environmental Protection Agency, Ghana
• Marina Ädel, Programme Manager International Climate Cooperation, Swedish Energy Agency, Sweden
• Philipp Ischer, Programme Manager, State Secretariat for Economic Affairs, Switzerland
• S M Monirul Islam, Deputy CEO and CFO, Infrastructure Development Company Ltd. (IDCOL), Bangladesh
  Moderated by Katie Sullivan, Managing Director, IETA

Presenters from sessions B2, B3 and B4, joined by knowledge partners and fund managers, set round-robin stations around the room and invite other participants to ask questions or engage in one-on-one consultations. The session will encourage further online and offline collaboration among participating countries beyond the Global Knowledge Forum.

15:45 - 17:00

Facilitated by Pascal Saura, World Bank

Round ups and one-sentence takeaways from a sample of different participants (PMI countries, donors, partners).

17:00 - 17:30

Remarks:

• Hania Dawood, Practice Manager Climate Finance and Economics World Bank